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11/07/2025
Federal Reserve's Daly: Tariffs are not as high as expected, so the market may get some relief from this.
Latest
2 m ago
Hong Kong Stock Market Midday Update: Hang Seng Index up 1.9%, Zhongzhou Securities soars over 64%, Guotai Junan International hits a new high.
2 m ago
"Bull market leader" surged, market sentiment bullish Hong Kong stocks collectively rebounded in the morning session. As of midday, the Hang Seng Index rose by 1.9%, up more than 457 points, with the Mainland Enterprises Index and Hang Seng Technology Index rising by 1.83% and 2.08% respectively. On the market, the large financial stocks, known as "bull market leaders," collectively rose, especially Chinese securities firms, with Zhongzhou Securities soaring by more than 64%, leading in gains alongside Hengtou Securities, Guolian Minsheng, Guotai Haitong, and Guotai Junan International, with Guotai Junan International reaching a historic high. Ping An of China rose by 5.6%, leading the insurance sector to a 9-month high, while China Construction Bank, Industrial and Commercial Bank of China, Bank of Communications, and others also reached new highs. For securities firms, attention is focused on industries that may benefit from the "anti-internal loop" policy, such as steel, automobiles, home appliances, and photovoltaic stocks, all seeing gains. Gold stocks, semiconductor stocks, military stocks, cryptocurrency stocks, and oil stocks have also risen. On the other hand, some domestic retail stocks, vocational education stocks, and dairy stocks have declined, with some new consumer concept stocks plummeting. The "Stock King," Lao Pu Gold, fell sharply by 8%. In addition, with the market prospering, nearly 30 small-cap stocks have dropped by more than 10%.
3 m ago
Geely Automobile (00175.HK) issued 23,000 shares due to the exercise of subscription rights.
5 m ago
The European Union publishes the final version of the "General AI Behavior Guidelines."
7 m ago
Trump's 50% copper tariff extended to semi-finished products, U.S. power grid and data center materials may be hit hard.
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