External broker reports(aggregated public sources), CMB International

CMB International

Incorporated in Hong Kong, supported by the mainland and targeting in global market, CMB International Capital Corporation Limited (“CMBI”) is an integrated financial institution providing comprehensive and professional services. As a wholly-owned subsidiary of China Merchants Bank ("CMB"), by leveraging on the Group’s synergy and coordination in domestic and overseas markets, as well as CMB’s strong resources and outstanding social reputation, CMBI and its subsidiaries have been actively implementing diversified business strategies and set up an overall layout of main business segments including Corporate Finance, Asset Management, Wealth Management, Global Markets and Structured Finance, etc. Adhering to the philosophy of “being clients oriented and increasing our own values by the way of creating value for clients”, CMBI endeavors to provide quality and integrated financial services to institutional, corporate and individual customers both domestic and overseas including Hong Kong IPO sponsorship and underwriting, share placement and rights issue for listed companies, financial advisors, bonds issuance services, asset management, direct investment, wealth management, equity sales and trading, etc.

External broker reports(aggregated public sources)

Thematic (Sector/Industry)

Hong kong It / Thematic (Sector/Industry)

<ul><li>During the CES on 5 Jan (US time), NVIDIA/AMD/Qualcomm/Intel hosted keynotes and launch events to outline the latest product roadmaps and developments of AI server/PC platforms.</li><li>Overall, we are encouraged to see Vera Rubin production earlier than expected (now in full production and ramp on track in 2H26) and MI400/Helios platform upgrade well on track, which will benefit server components in interconnects (connectors/cables/CPO) and liquid cooling (CDU/UQD/manifold).</li><li>For AI PCs, with Qualcomm/Intel/AMD’s new AI PC processors with performance improvement for large-scale AI model support, we remain positive on AI PC penetration to increase rapidly in FY26-27E. F</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

During the CES on 5 Jan (US time), NVIDIA/AMD/Qualcomm/Intel hosted keynotes and launch events to outline the latest product roadmaps and developments of AI server/PC platforms.Overall, we are encouraged to see Vera Rubin production earlier than expected (now in full production and ramp on track in 2H26) and MI400/Helios platform upgrade well on track, which will benefit server components in interconnects (connectors/cables/CPO) and liquid cooling (CDU/UQD/manifold).For AI PCs, with Qualcomm/Intel/AMD’s new AI PC processors with performance improvement for large-scale AI model support, we remain positive on AI PC penetration to increase rapidly in FY26-27E. FContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Technology - CES 2026 Keynotes: Next-Gen Rubin/MI400 Platform on Track...