Some time ago, a friend came to me for advice and said that his parents used to be from Hong Kong and are now living in Guangzhou. I want to apply for a Hong Kong bank card to receive an old age pension. Previously, his parents went to the Bank of China in Hong Kong and were denied an account because they couldn't open an online banking account themselves, because they needed to open an online banking account themselves. Hearing this, I suddenly felt that these banks are ruthless. Technology certainly provides us with convenience and efficiency, but if we force everyone to use modern methods, it's probably a bit too inhumane. I hope technology can bring more convenience to different cohort and benefit the public.
I've shared how to open an account with many brokerage firms before, but in addition to opening an account, the most troublesome part is depositing funds. When I made a deposit, I found that I had no idea what the bank code and branch code were. Today, let me share what do you think of the codes of the major banks in Hong Kong? Also, in addition to these banks, how can we achieve the desired results quickly and effortless.
Bank Code: Bank Code (Bank Code) is a 3-digit identification code. For example, 004 is the code for HSBC and 024 is the code for Hang Seng Bank. Some banks have multiple bank codes. For example, Bank of China (Hong Kong) has multiple codes such as 012, 014, and 019.
Bank account number: The bank account number may be different from the card number displayed on your bank card. You can check your bank account on mobile online banking.
HSBC...

Since March 2020, the US has raised interest rates 11 times, and the federal benchmark interest rate has been raised from 0.25% to 5.5%. There is already very little room for interest rate hikes in the US, and the market expects to cut interest rates before the end of 2024. In this context, US bonds have attracted the attention of many investors, so for mainland investors, what exactly is the right position to invest in US bonds?
Classification of US debt
US debt is a broad term. In fact, just like domestic bonds, US bonds also include two types of credit bonds and interest rate bonds. Among them, interest rate bonds refer to bonds that have no credit risk, that is, they are very safe and can definitely repay debt and interest. Their market performance is only affected by interest rates, so they are called interest rate bonds. Typical interest rate bonds are treasury bonds or local government bonds. Credit bonds, on the other hand, have credit risk, which means they may not be able to repay debt or interest.
Typical credit bonds are corporate bonds. Since enterprises have this risk of explosion, the yield on credit bonds is also generally higher than that of profit bonds. Overall, since credit issuers are mixed, they are more suitable for investors with high risk appetite and strong expertise, so this is not our focus. Therefore, below we will focus on interest rate bonds that are more suitable for most people.
How to play interest rate bonds?
Taking US treasury bonds as an example, they can be divided into three categories according to different terms. The term is less than or equal to 1 year called short-term treasury bonds. Treasury Bills, or T BILLS for short, are called medium-term treasury bonds with a term greater than 1 year but not longer than 10 years. Tr...

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Dell Technologies reported mixed results. While AI server revenue and server shipments were strong, storage growth remained flat and consumer PC sales declined.
The company is expected to achieve strong growth by the end of FY25 and continue its strong momentum in FY26 as enterprise customers gradually put AI models into production.
Storage, networking devices, and endpoints are expected to grow significantly as AI/ML models go into production.
Dell Technologies (NYSE: DELL) reported mixed results for the first quarter of 2025, with strong AI server revenue, server shipments, and a growing backlog of orders. Despite high demand levels, other departments are still facing challenges as storage reports remained flat during the quarter, commercial PC sales increased 3%, while consumer PC sales fell 15%, operating margin forecasts narrowed, and stock prices plummeted. While these factors seem disheartening at first glance, I believe Dell is well positioned to achieve strong growth by the end of fiscal year 2025 and continue the strong momentum into fiscal year 2026. As enterprise customers transition from training AI/LLM models to putting them into production, I believe this will have a ripple effect in storage, networking, and ultimately terminal sales.
Dell Technology Operations
Judging from Dell Technology's results for the first quarter of fiscal year 2025, the AI infrastructure, which is the driving force for growth, showed remarkable results in this quarter...

Haidilao is familiar to everyone. With its excellent service, fresh ingredients, and unique recipe, it has become a leader in the hot pot industry. Yihai International (01579.HK) is also a leader among the leaders, with a current market value of HK$17.852 billion.
Financial reports show that in 2023, Yihai International's annual revenue reached 6.148 billion yuan and net profit of 907 million yuan, an increase of 11.2% over the previous year.
In terms of product types, the single hot pot seasoning category contributed 66.5% of the company's revenue. Well-known food industry analysts said that compound condiments must be the future direction of the industry:
“Because the new generation is the mainstream consumer cohort, demand for compound condiments is increasing. The initial demand for compound condiments at the B-side of restaurants is also continuing to rise... the field of personalized compound condiments is definitely growing.”
According to a research report released by Ai Media Consulting, China's compound condiment market size is about 158.8 billion yuan in 2021. The market size is expected to reach 336.7 billion yuan in 2027, with a compound annual growth rate of about 13.3%. This growth rate is significantly higher than the overall condiment industry, which also shows that it is a racetrack with great market potential in the consumer sector.
In the Hong Kong stock market, Yihai International (01579.HK) has attracted much attention for its leading position in the condiment industry. As a company that started with hot pot ingredients and gradually developed into diversified condiments...

Recently, AI leader Nvidia announced its quarterly earnings report, which greatly exceeded expectations, and Nvidia shares also soared as a result.
US stocks closed on May 28, and Nvidia's stock price surged nearly 7% to 1128 US dollars, once again reaching a record high. The market capitalization also broke through 2.8 trillion US dollars. It was only about 100 billion US dollars short of surpassing Apple's market capitalization of 2.9 trillion US dollars, and was soon close to 3 trillion US dollars. Ten years ago, in 2014, Nvidia's stock price was less than $10, and Nvidia increased more than 100 times in 10 years.
So how did 100x stocks like Nvidia grow, and how can we seize the next 100x share?
One hundred times the share, this sounds like a far off topic. Many people never even thought about owning a hundredfold share.
Actually, that's because we haven't done enough research; since the brain can't see, we can't see with our eyes. As a result, someone studied the 365 100x stocks that appeared in the US stock market from 1962 to 2014, and summarized their characteristics into a book — “How to find stocks that return 100 times”.
So today, let's talk about the common genes of 100x stocks and their investment methods. In the future, when you find a stock that matches this type of characteristic, don't let it go away easily.
The core of 100x stocks - rapid growth
We all know that the towering tree started with a seed a hundred times more shares, and no doubt it all started as a small company.
For example, Apple used to be a hundred times the stock,...

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Walmart's latest quarterly results showed strong resilience and the international division performed better than expected.
The company saw an increase in sales and profit margins during the quarter, as well as strong growth in its advertising and e-commerce business.
Walmart's Indian e-commerce platform Flipkart is showing strong growth and plans to enter the fast commerce sector, which is also supported by Google's recent investment.
Investment arguments
Compared with the same period last year, Walmart's stock price rose by about 33.3%, which greatly exceeded the 25.5% increase in the S&P 500 index during the same period, which attracted attention. In this article, I discussed the company's latest quarterly results. Although the company's valuation advantage needs to be improved, its resilience in a challenging macro environment and its international division's performance exceeding expectations made it more attractive than before, and will gradually unlock development potential in the future. If investors have confidence in the positive signals currently being released and want to invest and trade, here is a reference, you can choose BiyaPay to search for the WMT stock code on the platform and trade online in real-time; of course, if you have problems with deposits and withdrawals, you can also use the platform as a professional deposit and withdrawal tool for US and Hong Kong stocks, withdraw to a bank account, and then deposit to other brokerage firms to buy this growing stock. Compared with other platforms, the payment speed is fast and there is no limit.
Walmart's first quarter results overview
All in all, I think Walmart's performance this quarter...

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Dell Technologies has been partnering with major GPU manufacturers to launch AI-optimized servers, which could change their growth prospects.
Driven by AI training, inference, and data, the AI server market is expected to grow rapidly in the near future.
Dell's Client Solutions Group is a mature market, but its commercial business has grown well due to superior pricing and total revenue per device.
Dell Technologies (NYSE: DELL) provides storage, servers, networking, PCs and workstations to commercial and consumer customers. Recently, Dell has been collaborating with major GPU manufacturers including Nvidia (Nvidia, NVDA) and Advanced Micro Devices (AMD) to launch AI-optimized servers. Although AI-related businesses currently account for less than 5% of total revenue, it is anticipated that the AI-optimized server and storage product portfolio has the potential to change Dell's growth model, and Dell will raise its full-year performance forecast.
Growth due to AI-optimized servers and storage
Market.us predicts that the AI server market will grow at a compound annual growth rate of 30.3% between 2023 and 2033, mainly driven by AI training, inference, and data. The AI servers are equipped with third-party GPUs, including Nvidia's H100, H200, and AMD's MI300X.

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Alibaba Group Holdings announced good results for the previous fiscal year and announced a special dividend, enhancing its value proposition.
The company's sales growth is stronger, and it is increasing its share buyback efforts, making it more attractive to investors.
Alibaba's cloud computing business is performing well. The company is investing in artificial intelligence products and is expected to achieve long-term growth.
Alibaba Group Holdings Ltd. (NYSE: BABA) shares rose in April and May, thanks to the e-commerce giant reporting healthy results for the last fiscal year. Alibaba also announced a special dividend of $0.0825 per common share, further strengthening its value proposition.
The e-commerce company's sales growth is also stronger, and the company is ramping up share buybacks, which may make Alibaba more attractive to investors. I think Alibaba's current consolidation provides a buying opportunity for long-term investors interested in investing in growing e-commerce companies.
Investment arguments
I rate Alibaba's stock as a buy. What supports my investment thesis is that as a leading e-commerce platform, it is expected to benefit from an improved consumer environment. Additionally, as Alibaba announced a special dividend and increased share buybacks, the company became more attractive to investors seeking a higher return on capital.
Sales rebound, Alibaba Cloud, focus on stock buybacks
Alibaba benefited from sales growth in the last quarter...

Ideal Hong Kong stocks fell directly by 20% last week. If sentiment did not fluctuate, it would be impossible. Almost all shareholders are faced with the choice of whether to buy or sell, and buyers and sellers are once again abusing each other, especially when they own holdings in new energy vehicles such as Ideal. After careful thought, I asked myself two questions. These two questions determine whether to continue to hold and increase positions ideally.
First question
Are you optimistic about the future development direction of the NEV market, and do you accept that the current NEV stock prices are generally undervalued?
My answer to the first question is very firm. I am personally very optimistic about the future development of new energy vehicles. I personally believe that all car owners who have tested new energy vehicles will immediately develop the idea of replacing a new energy vehicle. The ideal car has been optimized in terms of vehicle interconnection, smart cockpit, and smart driving experience, raising the overall driving and riding experience of the car to a higher level and farther away from fuel vehicles. If you are worried about mileage, you can also choose to increase the range. Currently, more and more car owners are choosing hybrid technology cars to initially experience new energy vehicles, and the proportion of hybrid and pure electric vehicles may reach five or five this year.
In addition, mainstream NEV companies have dropped by more than 40% this year, with a decline of 60-90% from the historical high. Tesla 40 pe and ideal 14 pe are far below the historical average PE multiples.
Second question
Can Ideal occupy a leading position among new energy vehicle companies and achieve long-term growth?
However, number one...