GMT EIGHT - OPPORTUNITIES IN CHINA

Stifel: Long-term supply agreements will change Micron Technology, Inc.'s (MU.US) business model, raising the target price to $1500.

After Micron Technology announced strong financial results and optimistic performance outlook, several Wall Street institutions raised their target prices.

Analysts are optimistic about the prospect of the data center business, and Qualcomm (QCOM.US) has received target price upgrades from multiple institutions.

Qualcomm detailed its data center business strategy at the Investor Day event, and significantly raised its future revenue goals for non-smartphone businesses over the next few years, receiving positive evaluations from multiple Wall Street institutions.

Apple Inc. (AAPL.US) Rarely Raises Prices May Suppress Mac/iPad Demand Evercore Still Maintains "outperform" and Sees it Going to $365

Apple announced on Thursday that it will increase the prices of most of its hardware products, causing market concern about the outlook for consumer electronics demand.

NIKE, Inc. Class B (NKE.US) poaches Pfizer Inc. (PFE.US) CFO to help drive the company's transformation and boost investor confidence.

Nike announced the appointment of Pfizer's Chief Financial Officer David Denton as the company's new CFO, succeeding Matthew Friend who served for over six years.

Evening hot spot of A shares | Apple stock price drops more than 5%! Announces significant price increase, with adjustments of up to 20% for multiple products

Apple announced that it is raising prices for Mac, iPad, and home devices to cope with the unprecedented shortage of memory chips and storage caused by the expansion of AI data centers, with price increases of up to 20% for many Mac and iPad products.

US Stock Market Move | Cerebras Systems (CBRS.US) fell nearly 8% for the second consecutive trading day.

As of the time of writing, the stock has fallen nearly 8%, to $167.86.

US Stock Market Move | Apple Inc. (AAPL.US) fell 5%. Apple Inc. increased prices for iPad and Mac by over 20%.

On Thursday, Apple (AAPL.US) fell 5%, closing at $278.40.

US Stock Market Move | Bitcoin falls below $59,000, cryptocurrency concept stocks fall across the board.

Bitcoin falls below $59,000, dropping nearly 4% in the past 24 hours.

US Stock Market Move | Dell Technologies, Inc. Class C (DELL.US) fell 9%. Apple Inc. globally raised prices, putting pressure on PC giants.

On Thursday, Dell Technologies (DELL.US) fell by 9%, trading at $395 per share.

US Stock Market Move | Chip stocks collectively soared, with Micron Technology, Inc. (MU.US) rising more than 17%.

On Thursday, chip stocks surged collectively, with Micron Technology (MU.US) and SanDisk (SNDK. US) each rising by more than 17%.

Apple Inc. (AAPL.US) globally raises prices! "Memory shortage" affects across the board: Mac increases by up to $300, iPad Pro increases by $200.

Apple Inc. (AAPL.US) took extreme measures on Thursday, raising prices across the board for Mac, iPad, and home devices to offset the unprecedented cost increases caused by shortages of memory chips and storage components.

Micron Technology, Inc. (MU.US) explodes performance, driving Wall Street crazy with bullish sentiment! AI demand is hot and long-term agreements support growth prospects.

After the storage chip giant Micron Technology announced its explosive third-quarter performance, several major Wall Street banks have given optimistic evaluations of the stock.

After Micron released a fourth-quarter performance forecast higher than expected, the stock prices of American storage chip manufacturers surged. SanDisk's stock price rose by 16%, Western Digital's stock price rose by 9.5%, and Seagate Technology's stock price rose by 9.7%.

Micron Technology's stock price surged 18% at the opening, after the company released a blockbuster forecast.

China Science and Technology Newsong (01956): Hong Kong public offering oversubscribed by 5966.78 times, raising approximately 827 million Hong Kong dollars in net proceeds from global offering.

ChinaTech Entertainment (01956) announces the results of its distribution, with a total of 14.8346 million shares sold globally. The public sale in Hong Kong accounts for 20%, while the international sale accounts for 80%. The sale price per share is 60.7 Hong Kong dollars, with a net raise of approximately 827 million Hong Kong dollars from the global distribution. Trading of H shares is expected to begin on the Hong Kong Stock Exchange on Friday, June 26, 2026, at 9:00 am.

US Stocks Open: Three major stock indexes rise together.

The Dow rose 0.63%, the S&P 500 rose 0.78%, and the Nasdaq rose 0.96%. Techne Corporation rose 19.34%, SanDisk rose 16.87%, Micron rose 16.59%, and Seagate rose 10.90%. As for the "Seven Sisters": Tesla rose 0.95%, Nvidia rose 0.76%, Microsoft fell 0.61%, Meta Platforms fell 0.73%, Amazon fell 1.65%, Google fell 1.79%, and Apple fell 1.93%.

Last week, the number of initial jobless claims in the United States unexpectedly dropped to 215,000, indicating that the labor market remains resilient.

The number of initial jobless claims in the United States last week fell more than expected.

Creating a new high in three years! The US May PCE rose by 4.1% year-on-year in line with expectations, and the Fed's rate hike expectations cooled off.

Despite prices rising at the fastest pace in over three years, consumer spending in the United States accelerated in May.

Tesla's Germany factory increases production capacity by 20%.

Tesla announced on Thursday that production capacity at its Berlin factory will increase by 20% starting from October this year, reaching 7,500 vehicles per week. Tesla stated that this expansion plan will require hiring 1,000 new employees. The company had already announced in April a plan to expand the factory to meet the growing market demand for the Model Y model, and in May announced additional investment in the power battery production line at the factory. Tesla stated that after the implementation of these three plans, a total of 3,500 new job positions will be created in the short to medium term in the factory's vehicle manufacturing and battery production lines.

Warning level comparable to the 2002 Wall Street turmoil! Fannie Mae (FNMA.US) and Freddie Mac (FMCC.US) interest rate risk exposure surges.

Fannie Mae (FNMA.US) and Freddie Mac (FMCC.US) are taking on more interest rate risk in their rapidly expanding investment portfolios, with key risk exposure indicators climbing to levels that shook Wall Street twenty years ago.

JPMorgan Chase's "succession battle" reshuffle: two co-presidents take over, one top contender out of the running

Wall Street financial giant JPMorgan Chase announced the appointment of two new co-presidents, while senior executive Marianne Lake, who has long been considered a potential successor to CEO Jamie Dimon, will be leaving the company.

Bank of America rings the "bull market alarm": AI capital expenditures may face liquidation, suggesting defensive portfolio adjustments for funds.

Bank of America warns that the economic benefits of AI are deteriorating, and defensive sectors are expected to break out against the trend.

A-share Announcement Highlights | China Shenhua Energy (601088.SH) to increase capital by 6 billion to finance company GigaDevice Semiconductor Inc. (603986.SH) issues announcement on stock price anomalies.

China Shenhua announced that the company will increase its capital to China Energy Group Finance Co., Ltd by 6 billion RMB in cash, all of which will be included in the registered capital.

Due to a shortage of memory, the prices of Apple products such as Macs and iPads have increased significantly, with some products seeing a price increase of up to 20%.

Apple announced on June 25th that it is raising prices for Mac, iPad, and home devices to cope with unprecedented cost pressures caused by a shortage of memory chips and storage brought on by the expansion of AI data centers. The specific price increases are as follows: Starting price for the MacBook Neo will rise from $599 to $699, MacBook Air from $1099 to $1299, entry-level 14-inch MacBook Pro from $1699 to $1999, 11-inch iPad Pro from $999 to $1199, and iPad Air from $599 to $749. These price adjustments are global, and iPhone prices have not been changed at this time. An Apple spokesperson stated that the rapid expansion of AI data centers has led to an extraordinary increase in demand for memory and storage, and that the company has never seen components' prices rise so quickly and significantly. They also mentioned that they had tried to absorb the cost increases for consumers for some time, but now have to start raising prices.

Apple (AAPL.O) raises prices of Mac, iPad, and other products in response to memory shortages.

Middle East oil supply speeds up recovery! Oil prices erase wartime gains, and the European Central Bank's interest rate hike expectations cool.

With the significant drop in oil prices, some economists have begun to lower their expectations for the European Central Bank to further increase interest rates.

"Meme stock" frenzy reappears! Wendy's (WEN.US) surges 19% in pre-market trading, forcing the short squeeze situation to continue fermenting.

The current trend of Wendy's stock is highly similar to the short squeeze driven by retail investors in 2021.

The final annualized seasonally adjusted GDP for the first quarter of the United States was 2.1%, higher than the expected 1.60% and the previous value of 1.60%.

In the United States, the initial claims for unemployment benefits for the week ending June 20th were 215,000, with an expectation of 225,000 and a previous value of 227,000.

The Ministry of Industry and Information Technology, the Ministry of Commerce, and three other departments jointly launched the 2026 New Energy Vehicles Going Rural Campaign.

On June 25th, the Ministry of Industry and Information Technology, the Ministry of Commerce, and other five departments jointly launched the 2026 New Energy Vehicle Going to the Countryside Campaign.

New stock news | WiJian Pharmaceuticals submitted a second application to the Hong Kong Stock Exchange. The product portfolio includes 27 commercially available drugs and 1 newly approved drug.

The company has built a diverse and differentiated product portfolio that extensively covers the field of kidney diseases, and extends to other major disease areas including blood, respiratory system, and skin diseases.

Hong Kong Exchanges and Clearing Limited shortens the gap between day and night trading sessions for futures. Night trading during British and American holidays can proceed as usual.

The Hong Kong Stock Exchange announced that the T+1 session optimization measures will be officially launched on July 20, 2026.

Moore's Law lives on! IBM released the world's first 0.7 nanometer chip technology, ushering in the "Era of Amy" in the AI computing power revolution.

IBM breaks through the "1 nanometer physics limit": 0.7 nanometer chip technology emerges, causing pre-market stock price to rise.

Merck announced a $11.3 billion premium acquisition of Bio-Techne (TECH.US), causing the stock to jump 20% in pre-market trading.

U.S. life sciences company Bio-Techne (TECH.US) surged more than 20% in premarket trading on Thursday after German Merck KGaA announced that it has agreed to acquire the company for $73 per share in cash.

Ministry of Commerce: Will continue to strengthen the services and support for foreign investment projects, allowing more and more foreign enterprises to invest in China and deepen their presence in China.

The Ministry of Commerce held its regular press conference on June 25th.

New stock news | Weijian Health Pharmacy submits a secondary listing application to the Hong Kong Stock Exchange

According to the disclosure by the Hong Kong Stock Exchange on June 25th, Weijian International Holdings Group Limited has submitted an application for listing on the Hong Kong Stock Exchange main board, with Huatai International as its exclusive sponsor.

Preview of US Stock Market | Three major stock index futures rise together, Micron Technology jumps after performance, and the US May PCE is coming.

Before the US stock market opened on Thursday, June 25th, futures for the three major US stock indexes all rose.

SK Hynix ADR convertibility is still pending, arbitrage traders are closely watching the cross-market price differences.

SK Hynix plans to move forward with a $29 billion listing in the United States. Arbitrage investors are asking securities firms a core question that has not yet been resolved: can the American Depositary Receipts of this South Korean storage chip giant be freely exchanged with the common stock listed in Seoul?

Amazon.com, Inc. (AMZN.US) is investing an additional $13 billion in India, with a focus on AI and cloud infrastructure as core areas.

Amazon (AMZN.US) announced on Thursday that it will increase its investment in India by $13 billion to expand its artificial intelligence (AI) and cloud computing infrastructure.

Takeda Pharmaceutical Co. Ltd. Sponsored ADR(TAK.US) First Female CEO Debuts: Plans to Resume Growth within Three Years, Launch Three Major New Drugs in the Next 12 Months.

Takeda Pharmaceuticals' newly appointed CEO stated that the company expects to resume growth within three years.

Middle East crude oil transport accelerates recovery! Saudi Arabia plans to restart the Ras Tanura export terminal.

The world's largest oil exporting country, Saudi Arabia, appears to be about to resume oil loading operations at the Ras Tanura terminal in the Persian Gulf.

New Stock News | Oversubscribed nearly 700 times! Siasun Robot & Automation, a leading company in the medical field, officially closes its IPO on June 30 and lands on the Hong Kong Stock Exchange.

Domestic leading enterprise in the field of puncture mobile ablation surgical robots, Zhenjiankang Medical-B (02697), closed its IPO subscription on June 25th. The market saw a strong interest from investors, with funds pouring in and showing impressive performance in the segmented track.

Shangtang (00020) shareholder meeting reveals: Enterprise-level Token monthly usage has increased 7 times rapidly.

Since its official launch in May 2026, the enterprise token usage of Megvii's "DailyNew" large model has grown rapidly, increasing by 7 times in a single month.

Farewell to the "South Korean discount"! ADR becomes a valuation catalyst: Benchmarking Micron, SK Hynix Korean stocks are expected to rise by 30%

SK Hynix's valuation discount compared to its American competitor Micron Technology (MU.US) is expected to gradually narrow, with the potential for a 30% increase in its domestic listed stock price.

High-level leadership change: BHP Group Ltd Sponsored American Depositary Receipt Repr 2 Shs (BHP.US) new CEO immediately faces the triple challenges of cost, strikes, and acquisitions.

BHP's new CEO, Condy, faces challenges: strikes, soaring costs, and mergers and acquisitions.

Northbound funds | Northbound trading saw a net sell of 8.874 billion yuan, with continued buying of AI hardware stocks. TRACKER FUND OF HONG KONG (02800) faced a net sell of 4.3 billion Hong Kong dollars.

On June 25th, in the Hong Kong stock market, there was a net selling of 8.874 billion Hong Kong dollars. Among them, the net selling of Hong Kong stock connect (Shanghai) was 4.62 billion Hong Kong dollars, and the net selling of Hong Kong stock connect (Shenzhen) was 4.255 billion Hong Kong dollars.

Hong Kong Exchange improves the spacing between exercise prices for each cycle and will be implemented on July 27th.

Narrowing the exercise price gap per cycle will provide investors with more available exercise price contracts that are closer to the current market level.

The Central Asia project construction plan of Silvercorp Metals Inc. (SVM.US) has been implemented, and the growth curve of gold has officially started.

Hilwei Metal Mining (SVM.US) announced the overall construction plan and investment budget for the Chaarat Gold Mine in Kyrgyzstan, providing a clear path for the company's medium and long-term growth in the gold business and opening up multiple favorable conditions for the company's growth space.

Hong Kong: The overall export and import value in May increased by 40.8% and 42% respectively compared to the same period last year.

On June 25th, the Hong Kong government released the foreign trade statistics data.

If you don't agree, then you'll leave the group? Iraq is pressuring OPEC by using production quotas as leverage.

A senior Iraqi oil ministry official revealed on Thursday that if the Organization of the Petroleum Exporting Countries (OPEC) does not significantly increase Iraq's production quota, Iraq will be forced to consider all available options.

Latest

2 m ago

Market news: Stellantis (STLA.N) is considering acquiring Marelli's suspension system assets in Italy. Nissan is weighing the acquisition of Marelli's cockpit system assets in Japan. The related negotiation is constrained by a complex bankruptcy restructuring process.

3 m ago

Market news: Stellantis (STLA.N) and Nissan are in talks to acquire assets of supplier Marelli.

5 m ago

Sources say that the El Palito refinery in Venezuela has partially halted production due to a power outage caused by an earthquake.

7 m ago

In a report, Wade Bush pointed out that, given Apple's focus on selling products to high-income groups, the impact of its price increase measures on the business should not be too significant. In response to the rising costs of memory and storage chips, Apple has raised prices for Mac and iPad by 15% to 25%. Analysts said: "The current rise in memory prices has forced Apple to raise prices; but given the company's increasing focus on high-end consumers, we believe it has the ability to raise prices without sacrificing hardware performance or risking customer loss." They also added that Apple's cooperation with Intel should help diversify the supply chain and to some extent alleviate pressure on memory and storage.

7 m ago

Institution: Analysis believes Apple is in a "favorable position" to raise prices.

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