US stocks closed lower on the last day of June with all three major indexes down. The AI-driven Nasdaq rose 18% in the first half of the year, while Nvidia soared 149%.

After hitting a new high, the S&P and Dow fell together, possibly due to Goldman Sachs and JPMorgan bearish on US stocks. Amazon, Google, and Microsoft fell from their recent highs, while most chip stocks rose. However, Nvidia rose 3% before falling 0.4% as the AI hype drove the Nasdaq up 18% and the S&P up 14.5% in the first half of the year.

wallstreetcn09:32

The holding positions ratio in Hong Kong stocks has reached its historical lowest level. Institutions say that over 20 billion Hong Kong dollars are expected to flow back.

There was a continuous inflow in the Hong Kong stock market from mid-April to mid-May. However, Citic Sec pointed out that the foreign capital inflow during this period was mainly short-term funds. Although actively managed long-term funds showed a narrowing trend in outflows, there was no significant increase in allocation.

cls.cnJun 28 18:35

Hong Kong stocks remained sluggish throughout the day, with the Hang Seng Index falling nearly 1% and the tech-heavy ChiNext Index performing poorly. The performances of new stock offerings varied, with the older company Golden Ridge rising nearly 73%, wh

After a morning surge, Hong Kong's three major stock indexes fluctuated and fell back, affected by the weakness of technology stocks, causing the Hang Seng Technology Index to widen its decline in the afternoon and ultimately close down 0.96%. The Hang Seng Index was basically flat, while the National Index rose slightly by 0.12%.

Futu NewsJun 28 16:22

Express News | The one-month Hong Kong dollar interest settlement rate published by the Hong Kong Association of Banks on June 28 was 4.65821%, the same as the previous trading day.

BreakingsJun 28 11:17

Market quick review: Hong Kong's three major indexes opened low and rose high, with rising gold, oil, and coal industry stocks, and new and old stocks of gold surged more than 60%.

Most network technology stocks have risen, with Pa Gooddoctor up more than 3%, Bilibili up nearly 2%, Xiaomi Group up more than 1%, Kuaishou, Baidu, and Tencent all slightly up; JD.com and Alibaba are slightly down.

Futu NewsJun 28 10:41

Opinion | What is the geometric space for future inflows of foreign capital into Hong Kong stocks?

Assuming the improvement trend of the economic fundamentals in the third quarter is established, we estimate that there is still a repatriation space of HKD 20-40 billion for foreign funds under the custodian fund caliber.

中信證券研究Jun 28 10:22