鲍威尔表示利率可能需要下调，但美联储将谨慎行事【南方东英全球市场早报】

[United States]

🔸Tesla (TSLA.US) to Adopt DeepSeek and ByteDance's AI for Chinese Electric Vehicles

$Tesla(TSLA.US) will integrate generative AI from DeepSeek and ByteDance for electric vehicles sold in China, aiming to catch up with competitors offering AI-driven smart cars.

Tesla's China subsidiary stated that, according to new terms of use posted on its official website, it will incorporate voice assistant features provided by DeepSeek Chat AI and ByteDance's Doubao AI. ByteDance is the parent company of TikTok.$XL2CSOPTSLA(07766.HK) $XI2CSOPTSLA(07366.HK)

🔸Powell Suggests Rate Cuts May Be Needed but Fed Will Proceed Cautiously

Federal Reserve Chair Jerome Powell indicated on Friday that the central bank might lower interest rates at next month's meeting but stopped short of committing to it. In his remarks, he acknowledged increasing risks to the labor market and persistent threats.

"While the labor market appears balanced, it is an unusual equilibrium resulting from a significant slowdown in labor supply and demand. This unusual situation suggests rising downside risks to employment. If these risks materialize, they could manifest quickly," Powell told an audience of international economists and policymakers at the Fed's annual Jackson Hole conference in Wyoming.$CSOP UST20(03433.HK)

[Asia-Pacific]

🔸China's Alibaba and Tencent Expand Operations in Thailand

$BABA-W(09988.HK), along with other Chinese tech firms, is expanding its presence in Thailand by developing e-commerce, video streaming platforms, and data center infrastructure, which has been generally well-received by locals.$FL2CSOPNASDAQ(07266.HK) $XI2CSOPHSTECH(07552.HK)

🔸SK Hynix (000660.KP) Begins Mass Production of 321-Layer QLC NAND with Improved Performance

SK Hynix announced on the 25th that it has completed the development of 321-layer 2Tb QLC NAND flash memory and has begun mass production. NAND flash memory is a non-volatile semiconductor that retains data even when power is off.

[Saudi Arabia]

🔸China's FDI in Saudi Arabia Rises 28.8% to $8.2 Billion

Foreign direct investment from China grew to 31.7 billion Saudi riyals ($8.2 billion) in 2024, up 28.8% from 24.1 billion riyals in 2023.

According to the Saudi Press Agency, investment inflows surged 164% year-on-year to 8.6 billion riyals, while net inflows rose to 7 billion riyals, reflecting growing investor confidence in the Saudi market and stronger economic ties with China.

The increase in Chinese FDI comes as Saudi Arabia intensifies efforts to diversify its economy under Vision 2030.$CSOP SAUDI(02830.HK)

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