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statementThe report reviewed trends and major economic indicators in the U.S. and Chinese stock markets and analyzed valuations and trends by global sector.하나증권statementThe U.S. should watch AI-related regulation and volatility in the semiconductor sector, while for China domestic demand stimulus and policy effects will be key to a sustained rebound.하나증권statementThis report is a weekly report covering global sector trends and indicators rather than a single earnings estimate for an individual company, and it does not provide annual aggregate earnings figures.하나증권statementAn approach centered on core theme ETFs such as generative AI, semiconductors, quality and cybersecurity, and on major big tech stocks, remains valid.하나증권statementAhead of Nvidia's earnings release on 11/18, market attention is focused on Blackwell demand and next-generation GPU supply outlook.하나증권statementFor Chinese equities, the probability of gains in Hong Kong and mainland large-cap indices has risen, but a sustained uptrend requires resolving internal tasks such as private credit and domestic demand stimulus and breaking through AI technology bottlenecks.하나증권statementAfter the U.S. midterm elections, political uncertainty eased, but volatility widened as the Nasdaq plunged on concerns over data center regulation and slowing AI investment.하나증권predictionAs the tenant is confirmed and orders continue, the upside for GS건설's share price is expected to open.하나증권statementKorea can also be an opportunity, and there are sites where construction can begin immediately if leasing is confirmed; GS동해데이터센터 is such a place.하나증권predictionDemand movement is expected to occur to countries equipped with sites, power, and capital.하나증권predictionWhile data center demand remains solid, supply delays in the US can be an opportunity outside the US.하나증권statementThey also announced power grid cost burdens and reduction of tax benefits.하나증권commitmentThe elected officials said they would halt new construction until new data center regulations are legislated.하나증권statementIn areas with many data center constructions (Texas, Georgia, Ohio, Michigan, etc.), the Democratic Party won.하나증권statementIn the US midterm elections, opinions on domestic data center construction were strongly reflected.하나증권statement파브리병 후보물질 HM15421의 기술이전 가치 1,404억원을 반영하고, 에피노페그듀타이드 가치를 2,788억원에서 5,133억원으로 상향했다.하나증권predictionMSD의 3상 계획 발표가 기대된다.하나증권statement10mg의 섬유화 개선 유효성 입증 실패는 높은 중단율(11% vs. 3~4%)에 따른 생검 누락 때문으로 보이며, 약효 문제로 단정하기 어렵다.하나증권statement에피노페그듀타이드 10mg은 섬유화 개선 외 모든 항목에서 통계적 유의성을 충족했고, 보수적인 mITT 분석에서도 의미 있는 결과를 보였다.하나증권statement에피노페그듀타이드 2b상 결과는 11/5 AASLD 2026에서 공개됐다.하나증권

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