HK NONFERROUS METAL STOCKS RALLY; GANFENG LITHIUM, JIAXIN INTL RESOURCES, ZHIHUI MINING RISE OVER 6%

A two-day selloff in memory-chip stocks highlights a split in the AI trade, with Google’s “TurboQuant” breakthrough affecting certain storage types. Flash memory makers like Kioxia Holdings saw losses, while leaders in high-bandwidth memory (HBM) for Nvidia AI accelerators, such as Samsung and SK Hynix, stabilized. Analysts say TurboQuant improves AI efficiency by reducing memory usage but doesn’t impact demand for core memory like HBM.

PHILIPPINES' MARCOS: ASEAN SUMMIT WILL TACKLE FUEL SUPPLY, FOOD PRICES, MIGRANT WORKERS PHILIPPINES' MARCOS: ASEAN SUMMIT WILL BE SHORTENED TO OVER A DAY AND A HALF