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SpaceX IPO receives multiple times oversubscription. Institutional investors eagerly place orders.

Elon Musk's space exploration and artificial intelligence company SpaceX is about to have a historic IPO, and the market demand is far exceeding expectations.

US Stock Market Move | Star Technology Stocks Plunge Intel Corporation (INTC.US) Falls Over 4%

On Tuesday, the technology stocks of Star Technology generally fell, with Intel (INTC.US) dropping more than 4%.

US Stock Market Move | Qualcomm (QCOM.US) fell nearly 6%, tech stock risk suddenly rises, Goldman Sachs Group, Inc. and Barclays issue warnings.

On Tuesday, Qualcomm (QCOM.US) fell nearly 6% to $204.87.

In May, existing home sales in the United States hit a new high for the year, with first-time buyers returning at an accelerated pace. Signs of a recovery in the real estate market are emerging.

The American real estate market received a shot in the arm before the end of the spring sales season.

Wall Street divergence intensifies! JP Morgan continues to be bullish on US stocks, corporate profit growth will support the continued bull market.

Despite the recent increased volatility in US stocks and some Wall Street institutions issuing warnings about the market peaking, J.P. Morgan Asset Management remains optimistic about the future of US stocks. They believe that strong corporate earnings growth will continue to support the stock market.

US Stock Market Move | Apple Inc. (AAPL.US) falls nearly 3%, new version of Siri AI will be absent from EU iPhone/iPad platforms.

On Tuesday, Apple (AAPL.US) fell nearly 3%, closing at $292.75.

Evening hotspots in A-shares | 7 trillion scale! Communication sector welcomes major positive news, institutions target companies of this kind.

According to calculations, in the next five years, the new generation communication network is expected to drive the total output of the upstream and downstream industries to approximately 7 trillion yuan, boosting GDP growth by about 1.5 percentage points.

US Stock Market Move | Individual funds are withdrawing from the semiconductor sector Marvell Technology, Inc. (MRVL.US) fell more than 6%

As of the time of submission, the stock has dropped by more than 6%, to $269.7.

US Stock Market Move | Cloud computing service provider Pan Chu rose at the beginning, NEBIUS (NBIS.US) surged nearly 9% at one point.

US cloud computing service provider's stock rose at the start of the trading day.

US Stock Market Move | SanDisk (SNDK.US) rose nearly 8%, with Bank of America and Mizuho Securities significantly raising their target price.

On Tuesday, SanDisk (SNDK.US) rose nearly 8%, closing at $1771.

US Stock Market Move | VNET Group, Inc. Sponsored ADR (VNET.US) rose more than 7%. Goldman Sachs Group, Inc.: Most optimistic about cloud and data center sub-industries in the second half of the year.

On Tuesday, Century Internet (VNET.US) and Global Data (GDS.US) rose more than 7%, while Kingsoft Cloud (KC.US) surged more than 5%.

Reshape Siri to Unleash AI! Apple Inc. (AAPL.US) signals monetization at WWDC, Wall Street is bullish.

Apple Inc. (AAPL.US) released several updates at its Worldwide Developers Conference (WWDC), including a complete overhaul of Siri and upgrades to AI functionality across all operating systems, sparking positive reactions from analysts.

After the personnel storm subsided, BP p.l.c. Sponsored ADR (BP.US) new CEO vigorously promoted reforms: restructuring management architecture, focusing on the core oil and gas business.

The new CEO of BP plc, Meg O'Neill, has restructured the management team and reporting structure.

Samsung is reportedly planning to build a new advanced chip packaging plant to cope with the explosive demand for AI computing power.

According to reports, Samsung may build a new chip packaging plant.

The surge in crude oil exports offset the wave of AI infrastructure imports, unexpectedly narrowing the US trade deficit in April.

The trade deficit in the United States narrowed in April, as a result of a sharp increase in crude oil exports, which helped offset the impact of continued growth in equipment imports for data center construction.

A-share announcement highlights | Biwin Storage Technology (688525.SH): Signed a $1.861 billion enterprise-grade flash memory chip procurement contract.

BW Storage announced that the company has signed a daily operational procurement contract with a storage original factory. The total promised procurement amount in the contract is 1.861 billion US dollars, with locked quantity and price, and a total procurement period of 24 months.

AST SpaceMobile (ASTS.US) three "space base station" satellites are about to launch, directly connecting to smartphones to expand and speed up the network.

AST SpaceMobile announced that its BlueBird 8, 9, and 10 satellites are scheduled to launch on June 17, 2026 from Cape Canaveral, Florida aboard a SpaceX Falcon 9 rocket.

Silent bear market is here! Bitcoin sees its worst single-week performance since the FTX collapse, bigger declines may still be ahead.

Although the current cryptocurrency winter is milder than before, it may also mean that the worst phase of Bitcoin has yet to come.

The "AI bond frenzy" is expanding again! CoreWeave (CRWV.US) taps into the European high-yield bond market: planning to issue Euro and US dollar bonds, with J.P. Morgan leading the way.

CoreWeave plans to hold a teleconference with European investors to discuss potential debt sales.

In the United States, the annual rate of red book commercial retail sales as of the week ending June 6th was 9.1%, compared to a previous value of 9%.

New Stock News | Tong Asia Technology submits listing application to the Hong Kong Stock Exchange, the world's third largest and China's largest supplier of ultra-fine wire and cable conductors.

According to the disclosure of the Hong Kong Stock Exchange on June 9th, Guangdong Tungya Technology Co., Ltd. (referred to as Tungya Technology) submitted an application to the Main Board of the Hong Kong Stock Exchange, with East Securities International as its exclusive sponsor.

Bank credit risks are migrating massively, Blackstone (BX.US) seizes the opportunity of SRT's new track.

Blackstone (BX.US) is actively entering the rapidly growing Significant Risk Transfer (SRT) market.

Hong Kong Stock Exchange: AI is gradually developing into a deep listing sector in the Hong Kong market.

Many companies spanning various categories of the artificial intelligence (AI) value chain are continuously listing in Hong Kong, bringing unprecedented opportunities to investors and positioning market with the most eye-catching technology themes.

New stock news | Tongya Technology submits application to the Hong Kong Stock Exchange

Hong Kong Stock Exchange disclosed on June 9th that Guangdong Tonly Electronics Holdings Limited (referred to as "Tonly Electronics") has submitted an application to list on the Hong Kong Stock Exchange Main Board, with East Securities International as its exclusive sponsor.

$110 billion Hollywood "century merger" suddenly investigated by UK: Paramount (PSKY.US) acquisition of Warner (WBD.US) adds new variables.

The UK Competition and Markets Authority (CMA) has launched an official investigation into the deal where Paramount Sky Company (PSKY.US) is acquiring Warner Bros. Discovery Company (WBD.US) for $110 billion.

New Stock Preview | Riding the Eastwind of Enterprise "Going Global", Qingtian Global Tax Pass Braces for another Venture into Hong Kong Stock Exchange

The IPO journey of Qingtian Full Tax is not only about raising capital, but also the beginning of its business model being scrutinized under a more rigorous market scrutiny.

According to the Hong Kong Stock Exchange document, Guangdong Tongya Technology Co., Ltd. has submitted an application for listing on the Hong Kong Stock Exchange.

Hong Kong Monetary Authority Chief Executive Eddie Yue responded that stablecoins will be launched within the year, and discussions on Wealth Management Connect 3.0 will continue.

Recently, the delegation led by Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, visited Beijing and conducted a collective media interview on June 8th. During the interview, Eddie Yue discussed hot topics of concern in the market such as stablecoin licenses in Hong Kong, cross-border financial regulation, and the internationalization of the RMB. Yue stated that Hong Kong, as a core hub for entering the Chinese market, with triple advantages of system, location, and market, will continue to attract global funds in the future. Regarding the next steps for stablecoin licensing, Yue revealed that Diem Technology is expected to launch stablecoins in the middle of the year, "probably starting to be used in a few weeks," while HSBC is expected to launch in the third to fourth quarter of this year. The application scenarios for stablecoins by Diem Technology and HSBC are different. According to Yue, Diem Technology focuses on cross-border payments, aiming to reduce the cost of cross-border remittances, increase circulation speed, and adapt to cross-border e-commerce and regional trade scenarios; HSBC focuses more on expanding retail payment scenarios, and in the future may involve connecting to clearing platforms to promote the clearing of tokenized assets.

"Rent Trend Chart" has increased by 0.69% month-on-month in May, marking the largest increase in 21 months.

Chen Songqian continued to say that the monthly rent of private homes has increased for 5 consecutive months since reaching a historical high in January of this year, showing a strong upward trend of "breaking the ceiling every month." In the first 5 months of this year, the cumulative increase was about 2.1%, compared to the near low point in January 2023, the cumulative increase is about 18%.

HKEX announced that the major market makers plan to update Hang Seng Index options contracts on July 2nd (Thursday).

On June 9, the Hong Kong Stock Exchange announced that the Main Market Makers Scheme for the following options contracts will be updated on July 2, 2026 (Thursday).

Preview of US Stock Market | Three major stock index futures rise together, with chip and space stocks continuing to rise before trading. Trump said that the US and Iran will reach an agreement within two to three days.

On June 9th (Tuesday) before the US stock market opened, the futures of the three major US stock indexes were rising simultaneously.

American media: Trump has said at least 37 times that "a US-Iran agreement is about to be reached"

On the 9th, President Trump stated again in a media interview that negotiations between the United States and Iran have reached the "final stages" and an agreement will be reached in "two to three days." According to US media statistics, Trump has made similar statements at least 37 times. Since the outbreak of the Iran conflict on February 28th, Trump has made similar statements about "an agreement is imminent" in social media, public appearances, and interviews with media reporters at least 37 times. Due to the impact of the Iran conflict, shipping in the Strait of Hormuz has been disrupted, affecting global energy supplies and causing a significant increase in domestic gasoline prices in the United States, leading to widespread public dissatisfaction. A poll released by Reuters and Ipsos Group on the 8th of this month shows that Trump's approval rating continues to decline, with only about 35% of respondents satisfied with Trump's performance in office, close to the lowest level of support since his second term as president. On the 8th, Trump stated during a phone campaign event for Senator Graham in South Carolina that the United States will announce a "complete victory" over Iran within two weeks, at which point oil prices will drop significantly. Trump also stated that Iran is "willing to meet all of our demands."

Is the rebound in US stocks a trap for longs? Citigroup warns: the risk of a decline is not cleared, the longs are still crowded, and the shorts are actively building positions.

Citibank strategist pointed out that there is an aggressive short-selling strategy in the US stock market.

Hong Kong Stock Exchange updates the stock options major players plan, including 22 underlying assets, new regulations will be effective on July 2nd.

On June 9, the Hong Kong Stock Exchange announced an update to the major market maker scheme for stock options. This plan will take effect on July 2 (Thursday) and will be in effect for one year until June 30, 2027, including that day.

One of the largest private credit transactions in history has been completed: Apollo (APO US) and Blackstone (BX US) have secured $35 billion in financing for Anthropic.

According to reports, Apollo Global Management (APO.US) and The Blackstone Group (BX.US) have finalized a private credit financing plan of up to $35 billion, which will be used to support the expansion of the artificial intelligence startup Anthropic.

Hong Kong Stock Exchange: The limit for price fluctuations in designated stock index futures trading during the after-hours market trading session (T+1) will be expanded to 6%.

On June 9th, the Hong Kong Stock Exchange released the "Optimization Measures for Trading After Market Close (T+1) Period".

Sun Yu: Hong Kong's banking industry will seize the opportunity to participate in the construction of a national financial powerhouse.

The delegation of the banking association led by the Hong Kong Monetary Authority ended their two-day visit to Beijing today.

The rotating CEO of Foxconn, the iPEBG business group general manager, Xu Xingren, takes over.

On June 9th, Inventec Corporation held its annual shareholders' meeting for the year 2025 and also conducted a handover ceremony for the rotating CEO. The first rotating CEO, Liu Zongchang, has completed his term, and the General Manager of the iPEBG Business Group, Xu Xingren, has taken over as the new rotating CEO for a one-year term.

The autonomous driving landscape continues to expand, Waymo acquires Apple Inc. (AAPL.US) car testing field for $220 million.

Waymo spent $220 million to acquire a 5,500-acre autonomous driving car testing facility located in Wittmann, Arizona.

Palantir (PLTR.US) faces strict scrutiny in the UK! Criticized as "unacceptable risk point" NHS $440 million contract may be terminated.

The UK is conducting a comprehensive review of the contract between Palantir and the National Health Service (NHS). Under increasing political pressure, the UK government is being urged to activate termination clause when the initial contract period ends in early 2027.

New stock news | Zhongke Wenge passes the hearing of Hong Kong Stock Exchange and the 2025 NDR reaches 139.5%

According to the disclosure on June 9 by the Hong Kong Stock Exchange, Beijing Zhongke Wenge Technology Co., Ltd. (referred to as Zhongke Wenge) passed the listing hearing on the main board of the Hong Kong Stock Exchange, with CICC as its exclusive sponsor.

Apple announced that the new version of Siri AI will not be featured in iOS 27 in the EU due to disagreements over DMA regulation. The timeline for its launch is still uncertain.

Apple announced on June 8th local time that the new Siri AI will be released with iOS 27 and iPadOS 27, but due to the impact of the Digital Markets Act, EU users will not be able to use this feature on their iPhones and iPads. watchOS 27 will also be affected. EU users can access Siri AI on macOS 27 and visionOS 27. Apple's Senior Vice President of Software Engineering, Craig Federighi, stated that Apple has submitted multiple solutions to EU regulatory agencies over the past few months, all of which have been rejected by the European Commission. There is currently no timetable for the launch of Siri AI on iOS and iPadOS in the EU. Apple has pointed out that EU regulatory agencies require Apple to grant almost unlimited access to any third-party AI system to users' devices, including reading and writing messages, making purchases, accessing files, and cross-app operations. Apple believes that this will pose significant risks to user privacy and security.

Swiss regulator "eases up": UBS Group AG capital requirement may be reduced from 100% to 70%, relieving burden of billions of dollars.

According to foreign media citing informed sources, Swiss legislators are considering a new proposal to relax capital requirements for UBS.

The China Securities Investment Fund Association releases the "Detailed Implementation Rules for Information Disclosure of Private Equity Investment Funds".

In order to standardize the information disclosure behavior of private equity funds, protect the legitimate rights and interests of investors, and promote the standardized and healthy development of the private equity fund industry, the China Securities Investment Fund Association has drafted the "Implementation Rules for the Information Disclosure of Private Equity Funds" and the "Template for Important Content of Information Disclosure of Private Equity Funds" in accordance with the "Securities Investment Fund Law of the People's Republic of China", "Regulations on the Supervision and Administration of Private Equity Funds" and "Management Measures for the Supervision of Information Disclosure of Private Equity Funds" and other laws and regulations. After deliberation and approval by the Board of Directors of the Association, it is hereby published and will be implemented from September 1, 2026.

Bank of Japan QT hitting the brakes? It is rumored that the next fiscal year may temporarily suspend the reduction of bond purchases, but there are still internal disagreements.

According to sources familiar with the matter, the Bank of Japan will consider keeping the current scale of government bond purchases unchanged after the next fiscal year, thereby pausing the process of reducing bond purchases.

The NFIB Small Business Confidence Index in the United States for May was recorded at 95.3, the lowest since October 2024.

Beijing Zhongke Wenge Technology Co., Ltd. conducted a listing hearing on the Hong Kong Stock Exchange.

Lifemore Securities indicates that Beijing Zhongke Wenge Technology Co., Ltd. has updated its information after the hearing, which means that the company's IPO on the Hong Kong Stock Exchange has passed the hearing.

Northbound funds | Northbound trading recorded a net selling of HK$8.614 billion, with domestic funds selling Hong Kong stock ETFs once again. Kingboard Holdings (00148) saw aggressive buying throughout the day, with over HK$1.8 billion in transactions.

On June 9th, the Hong Kong stock market saw a net sell of 8.614 billion HKD by Northbound investors. Among them, the Hong Kong Stock Connect (Shanghai) saw a net sell of 0.98 billion HKD, while the Hong Kong Stock Connect (Shenzhen) saw a net sell of 85.16 billion HKD.

Unable to invest in SpaceX? Asian investors are turning to industry chains and related ETFs.

Asian investors are actively establishing positions in related ETFs and supply chain collaboration companies.

The U.S. bond market keeps sending signals to Washington: the Federal Reserve needs to raise interest rates!

The U.S. bond market is sending a signal to Kevin Warsh: the Federal Reserve needs to raise interest rates.

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