GMT EIGHT - OPPORTUNITIES IN CHINA

US Stock Market Move | FedEx Corporation (FDX.US) once fell by 5%, marking its largest decline since early May.

FedEx stock price fell, dropping by 5% at one point, marking the largest decline since early May.

Retail investors are no longer chasing after the "Big Seven" U.S. stocks! Citigroup: Trading enthusiasm hits a four-year low, funds are now shifting towards ETFs.

The strategist of Citigroup Group stated that the enthusiasm of retail investors for the trading of the "seven giants" of US stocks has recently dropped to its lowest level in four years, indicating that this technology stock combination, which has long been popular in the market, is losing some of its support from retail investors.

US Stock Market Move | Nasdaq rose by 1%, most tech stocks went up, Marvell Technology, Inc. (MRVL.US) rose more than 7%.

On Tuesday, US stocks rose, with the Nasdaq extending its gains to 1% during the trading session, and most of the tech stocks performing well.

A-share evening hotspots | Eight departments issue heavy weight! Concerning AI, computing power, and industrial Internet.

On the afternoon of June 30th, the Ministry of Industry and Information Technology and seven other departments issued a notice on the implementation of "Opinions on Promoting the High-Quality Development of Industrial Internet". It proposed that by 2030, the added value of the core industry of industrial internet will exceed 2.5 trillion yuan.

Oil prices falling eased inflation concerns, US consumer confidence increased slightly in June, but overall still at a low level.

Consumer confidence index in June rose to 91.2, slightly up by 0.6 points from the revised 90.6 in May.

US Stock Market Move | Intended acquisition of a portion of Blackstone Data Center's equity, Digital Realty (DLR.US) falls over 5%.

On Tuesday, Digital Realty (DLR.US) dropped more than 5%.

US Stock Market Move | Therapy for ulcerative colitis drug Obezimod shows positive results; Abivax S.A. (ABVX.US) soars over 40%

On Tuesday, Abivax S.A. (ABVX.US) surged more than 40% in early trading, currently trading at $133.70.

US Stock Market Move | Debt restructuring complete, silicon carbide leader Wolfspeed (WOLF.US) rises over 11%

On Tuesday, the leading silicon carbide company Wolfspeed (WOLF.US) in the US stock market continued to rise after the opening, with the increase extending to 11% by the time of publication.

The US labor market continues to show resilience! Job vacancies in May were higher than expected, with steady demand for recruitment by enterprises.

In May, the number of job vacancies in the United States remained relatively stable.

US Stock Market Move | Nebius (NBIS.US) surged more than 10%, with a 240% cumulative increase for the year.

On Tuesday, Nebius (NBIS.US) surged more than 10% in early trading, with a year-to-date increase of 240%, now trading at $287.79.

US Stock Market Move | AT&T (T.US) fell nearly 5% within 3 months, with a total decline of over 27%.

On Tuesday, AT&T (T.US) opened trading and continued to decline, falling nearly 5% as of press time.

US Stock Market Move | The concept stocks of encrypted currency fell across the board, with Strategy (MSTR.US) falling by more than 7%

On Tuesday, cryptocurrency concept stocks generally fell.

HBM super hegemon SK Hynix is about to land on the US stock market! A $29.4 billion financing wave sets off a "silicon-based inflation" frenzy.

The plan for SK Hynix to go public in the United States has attracted a rush of funds, coupled with the extremely strong performance and outlook recently announced by the American memory chip giant Micron Technology (MU.US), highlighting that the super cycle of memory chips is far from over.

US Stock Market Move | Storage concept stocks opened strong, with SanDisk (SNDK.US) rising more than 5%.

On Tuesday, storage concept stocks opened strong.

US Stock Market Move | Semiconductor equipment stocks continue to rise, with Lam Research Corporation (LRCX.US) up more than 6%.

U.S. semiconductor equipment stocks continue to rise, with Lam Research Group (LRCX.US) doubling in value since April.

US Stock Market Move | Drone concept stocks are gaining strength, with AeroVironment (AVAV.US) surging over 18%.

On Tuesday, drone concept stocks strengthened.

New stock news | Avita submitted documents to HKEX, 2025 delivery volume nearly doubles

According to the disclosure of the Hong Kong Stock Exchange on June 30, Avita Technology (Chongqing) Co., Ltd. (referred to as "Avita") has submitted an application to the main board of the Hong Kong Stock Exchange, with CITIC Securities and CICC as its joint sponsors.

US Stock Market Move | The US stock CECEP Solar Energy sector saw a general increase, with Enphase Energy (ENPH.US) rising over 7%.

On Tuesday, the solar energy sector of the US stock market saw a general rise, with Enphase Energy (ENPH.US) up more than 7%.

The first "gift" after the warming of relations? SpaceX reportedly plans to donate shares to the "Trump account"

SpaceX has discussed the possibility of donating stocks to a new children's savings plan named the "Trump Account" to the Trump administration.

New stock news | Jiaxuan Intelligent Submits Application to Hong Kong Stock Exchange

According to the disclosure by the Hong Kong Stock Exchange on June 30, Jiangsu Jiaxuan Intelligent Industrial Technology Co., Ltd. (hereinafter referred to as "Jiaxuan Intelligent") has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with Dongxing Securities (Hong Kong) being its exclusive sponsor.

US stocks open: Three major stock indexes all rise

The Dow Jones rose by 0.10%, the S&P 500 rose by 0.01%, and the Nasdaq rose by 0.07%. Air Products and Chemicals rose by 10.56%, LyondellBasell Industries rose by 6.48%, Fifth Third Bank rose by 5.33%, RVTY rose by 3.91%, AMD rose by 2.92%, and Axon Enterprise rose by 2.91%. In terms of the "Big Seven Sisters": NVIDIA rose by 0.47%, Microsoft rose by 0.35%, Apple rose by 0.27%, Google fell by 0.20%, Amazon fell by 0.67%, Meta Platforms fell by 0.69%, and Tesla fell by 0.76%.

Joby (JOBY.US) partners with Toyota (TM.US) to create a "flying" air taxi entering the fast lane of mass production.

Joby Aviation announced that it has officially signed a shareholders agreement with Toyota Motors, and the two parties will jointly establish a joint venture manufacturing company responsible for producing Joby's S4 series air taxi.

Selected A-share Announcements | Multiple Stocks Expected to Report Positive Interim Results, Shandong Yisheng Livestock & Poultry Breeding (002458.SZ) to Increase Net Profit by Up to 47 Times.

Yisheng shares announced that it is expected that the net profit attributable to the shareholders of the listed company in the first half of 2026 will be 270 million to 300 million yuan, a year-on-year increase of 4287% to 4774%.

Trump's tariff defeat turns into a hidden tailwind for U.S. stocks: $166 billion refund initiated, corporate profits may see unexpected upgrades.

Trump's tariff defeat has become a "market tailwind" that nobody talks about. The Supreme Court's decision to cancel the tariffs may bring potential profit growth for some companies, so the refund will boost the stock prospects of certain companies.

High AI weight in South Korea and Taiwan causes concern! BlackRock downgrades emerging markets rating, upgrades European bonds to "Buy".

BlackRock currently maintains a cautious stance on emerging market stocks and is optimistic about short- to medium-term sovereign bonds in the eurozone.

AI replacing panic "bloodbath" customer service outsourcing industry! Concentrix (CNCX.US) performance "bombshell" stock price plummeted, triggering a halt in trading to a ten-year low for competitors.

The disruptive impact of Artificial Intelligence (AI) on the traditional customer service outsourcing industry is once again causing significant market shockwaves.

AI hackers compress the attack and defense window. Apple Inc. (AAPL.US) wants to push security updates ahead of time. iOS defense is moving from major versions to instant patches.

Apple has released an update early on artificial intelligence network security issues.

AI gambling, profit big test, Fed policy: How do three core variables affect the trend of US stocks in the second half of the year?

The US stock market faces a series of severe tests to maintain its upward trend in the second half of 2026, from the sustainability of AI spending, to high corporate profit thresholds, to the interest rate outlook under the leadership of the new chairman of the Federal Reserve.

Preview of US Stock Market | Three major stock index futures rise together, SK Hynix launches US IPO.

Before the U.S. stock market on June 30 (Tuesday), the futures of the three major U.S. stock indexes rose together.

"Cyclical AI Prosperity" strengthens the narrative of AI super bull market! South Korea's 2.07 trillion US dollar semiconductor gambling is coming, and the global computational power prosperity enters a cash flow strengthening cycle.

With the prosperity of the "Circular AI Boom" starting to sweep from the North American market to every corner of the globe, the unexpected huge fortunes obtained by the Asian AI computing power industry chain in recent years have even to some extent begun to provide a funding support system for those "ultra-large-scale technology giants" in the North American market, such as Meta, Amazon, and Google (Hyperscalers).

Ministry of Industry and Information Technology: China's software business revenue in the first five months was 6,245.1 billion yuan, a year-on-year increase of 10.3%.

In the first 5 months, the revenue of China's software industry reached 6.2451 trillion yuan, a year-on-year increase of 10.3%. The total profit of the software industry was 717.3 billion yuan, a year-on-year increase of 2.2%. The export of software services reached 27.65 billion US dollars, a year-on-year increase of 12.8%.

A single season surge of 81%, but dropping nearly 8% in the last week! On the eve of the best quarter in the history of the US chip sector, Wall Street begins to question: How long can AI spending support this?

Chip stocks are heading towards their best quarterly performance in history, continuing the amazing surge driven by strong demand for artificial intelligence (AI) devices earlier this year. However, recent market tension has caused a significant drop in stock prices, leading investors to question how long this surge can continue.

Statistics and Census Service of Macao: The electronic payment transactions of the catering industry and retail industry in May increased by 1.8% and 14.0% year-on-year, respectively.

In May 2026, the turnover of the retail industry was 4.9 billion Macau patacas, an increase of 14.0% year-on-year.

SK Hynix submits Nasdaq IPO listing application.

State Administration of Press and Publication: a total of 8 imported online games were approved in June.

The Information on Approval of Imported Online Games in 2026 released by the National News and Publishing Administration shows that a total of 8 games were approved in June.

Last-minute leak before September release! Apple Inc. (AAPL.US) India manufacturing plant hacked, iPhone 18 Pro supply chain secrets exposed.

Regarding the data leak incident at Tata Electronics, an Apple (AAPL.US) manufacturing plant in India, details of components, supplier lists, and photos of the upcoming iPhone 18 Pro model have been released on the dark web.

National railway summer transportation will start on July 1st, with an estimated passenger volume of 1.01 billion.

Northbound funds | Northbound trading saw a net buying of 5.895 billion yuan, with chip stocks and Henderson Land gaining additional positions. The Tracker Fund of Hong Kong (02800) faced a net selling of nearly 3 billion Hong Kong dollars.

On June 30, the Hong Kong stock market saw a net purchase of 5.895 billion Hong Kong dollars by Northbound investors. Among them, the net purchase through the Shanghai-Hong Kong Stock Connect was 5.574 billion Hong Kong dollars, and the net purchase through the Shenzhen-Hong Kong Stock Connect was 0.321 billion Hong Kong dollars.

The Japanese yen falls below 162, hitting a 40-year low! Japan's intervention "red line" may move up to 163-165.

The Japanese yen exchange rate (USD to JPY) has fallen to its weakest level in forty years, prompting strategists and professional traders to start looking for the Japanese government's next line of defense against the currency.

Southbound funds today saw a significant net inflow of 5.895 billion yuan. In terms of the Shanghai-Hong Kong Stock Connect, Jian Tao Ji Layer Board and SMIC International Semiconductor both received net inflows of 681 million Hong Kong dollars and 645 million Hong Kong dollars respectively; U-Best Group had the highest net selling amount of 224 million Hong Kong dollars; As for the Shenzhen-Hong Kong Stock Connect, SMIC International and Imagination received net inflows of 1.288 billion Hong Kong dollars and 568 million Hong Kong dollars respectively; Alibaba-W had the highest net selling amount of 442 million Hong Kong dollars.

"Nearly 80% of long positions are in a loss! Citigroup warns: Nasdaq decline may not be over"

Citigroup Group said that due to investors' overall high risk exposure to the US technology sector, this sector faces the risk of further declines.

Hong Kong SAR Government: Recorded a deficit of 30.3 billion Hong Kong dollars in the first two months of the new fiscal year, with fiscal reserves of 635.2 billion Hong Kong dollars.

The expenditures and revenue for the first two months of this fiscal year were 125.1 billion Hong Kong dollars and 60.9 billion Hong Kong dollars respectively. After accounting for the proceeds of issuing government bonds of 37.4 billion Hong Kong dollars and repaying the principal of government bonds of 3.5 billion Hong Kong dollars, a deficit of 30.3 billion Hong Kong dollars was recorded. The fiscal reserves as of May 31, 2026, were 6,352 billion Hong Kong dollars.

Warriors shock the energy artery! Shell (SHEL.US): Global LNG trade is likely to stagnate in 2026, with demand still approaching 700 million tons by 2050.

Shell expects that due to the conflict in the Middle East blocking the Strait of Hormuz, a major energy artery, global LNG trade volume is likely to stop growing significantly in 2026; however, in the long term, driven by energy transition in Asia and the surge in electricity demand, global LNG demand is expected to increase by about 65% by 2050, approaching nearly 700 million tons per year.

The Hong Kong Stock Exchange simplifies the framework for trading units, involving standardized guidelines for the number of shares per trading unit and the value per trading unit.

On June 30th, the Hong Kong Exchanges and Clearing Limited published a consultation summary on optimizing the trading unit framework for securities in the Hong Kong market.

Hong Kong Monetary Authority: The total assets of Hong Kong's exchange fund increased by HK$36.7 billion to HK$4.39 trillion at the end of May.

Foreign currency assets increased mainly due to interest income and investments being revalued at market prices, as well as funds obtained from issuing government bonds. However, the increase was partially offset by a decrease in the month-end balance of securities purchased but not yet settled.

Hong Kong Monetary Authority: In May, the number of new residential mortgage applications increased by 12.8% month-on-month to 10,767 cases.

In May, the newly approved mortgage loans increased by 10.1% compared to April, reaching 40.2 billion Hong Kong dollars.

Hong Kong Monetary Authority: The Hong Kong dollar money supply M2 and M3 both rose by 1.1% in May.

On June 30th, the currency statistics released by the Hong Kong Monetary Authority for May 2026 showed that the total deposits of recognized institutions increased by 2.3% in May 2026, with Hong Kong dollar deposits and foreign currency deposits increasing by 1.2% and 3.2% respectively, mainly reflecting the flow of corporate funds. From the beginning of the year until the end of May, total deposits and Hong Kong dollar deposits increased by 4.8% and 4.4% respectively.

Ministry of Finance: From January to May, the total operating revenue of state-owned and state-controlled enterprises nationwide decreased by 0.7% year-on-year, while the total profit increased by 3.5% year-on-year.

From January to May, the total operating income of state-owned enterprises was 32,822.16 billion yuan, a year-on-year decrease of 0.7%.

Britain plans to dismantle Apple Inc. (AAPL.US) and Alphabet Inc. Class C (GOOGL.US) barriers to the "App Store tax" are facing a new challenge.

The UK competition regulator proposed on Tuesday allowing app developers to guide users to other payment channels outside of Apple (AAPL.US) and Google (GOOGL.US) app stores to reduce costs and promote competition.

Behind the frenzy of the US stock market: the depletion of savings at the bottom, individual investors crazy about entering the market, where did the trillions of funds come from after all?

Since many ordinary Americans have tight budgets, where does the constantly flowing retail capital into the market come from?

Latest

3 m ago

European Central Bank board member Lautenschlger: We have not yet seen clear evidence of a second round of inflation effects.

3 m ago

European Central Bank board member Durens: If current oil prices remain stable, the European Central Bank may wait until September to decide whether more policy measures are needed.

11 m ago

Market news: Brazil's national oil company announced a mechanism that will limit the price increase of natural gas supplied to distributors in all states in August to 6%, compared to the previously expected increase of 22%.

13 m ago

The Brazilian national oil company stated that the mechanism will limit the natural gas price increase to 6% for state-owned distributors in August, lower than the previously estimated 22% increase.

15 m ago

Market news: Petrobras has approved revising contracts to supply natural gas to interested customers in order to control price fluctuations.

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