GMT EIGHT - OPPORTUNITIES IN CHINA

Retail investors in South Korea have reduced their ammunition reserves by 3.4 trillion Korean won in one month.

After the South Korean composite index plummeted nearly 9% on Monday and two major storage giants suffered heavy losses, leveraged accounts are facing new margin call pressure.

The US military announced that it will resume the naval blockade against Iran on the 14th.

The US Central Command stated on social media on the 13th that, in accordance with the instructions of US President Trump, the US military will resume its maritime blockade against Iran starting at 4:00 PM Eastern Time on the 14th.

New stock news | Boyu Electronic resubmits application to Hong Kong Stock Exchange

According to the disclosure on July 13th by the Hong Kong Stock Exchange, Hangzhou BOE Electronic Co., Ltd. has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with CMB International Capital Limited as the sole sponsor.

New stock news | Yino Weiyi Pharmaceutical, Hong Kong IPO prospectus invalid

Immvira Bioscience Inc. (abbreviated as Yino Micro Medicine) submitted its Hong Kong stock prospectus on January 14, 2026, which expired after 6 months on July 14, 2026. Citigroup and China International Capital Corporation Limited acted as its joint sponsors.

New stock news | Changzhou Fusion New Material (688503.SH) Hong Kong IPO prospectus invalid

The Hong Kong IPO prospectus submitted by Changzhou Juhong New Materials Co., Ltd. (referred to as Juhong Materials, 688503.SH) on January 14, 2026, expired after six months on July 14, 2026.

New stock news | Jia Yin Biotechnology's Hong Kong IPO prospectus is invalid

The Hong Kong IPO prospectus filed by Exegenesis Bio Inc. (referred to as Jiayin Biology) on January 14, 2026, expires after 6 months on July 14, 2026.

HK Bull/Bear Outstanding Qty Ratio(48:52) | July 14th

As of July 14, the latest bull-bear ratio of the Hang Seng Index is 48:52.

The Federal Reserve maintains a $100 billion bond purchase program to guard against the risk of declining reserves in the future.

The Federal Reserve announced on Monday that it will continue to purchase approximately $10 billion US Treasury securities in the current operational period ending on August 13, the same amount as the previous two periods.

Federal Reserve Board Governor Waller: It is necessary to wait for more economic data before deciding whether to raise interest rates. There are still "ample reasons" to believe that inflation will gradually ease.

Federal Reserve Governor Christopher Waller said on Monday that the current inflation situation in the United States remains worrisome, but the Fed should not rush to raise interest rates again to learn from the lagged lesson of responding to inflation in 2021, but should wait for more economic data to assess the inflation trend and its underlying drivers.

The reignition of Middle East war flames escalates concerns over inflation, AI chip stocks fall dragging down global stock markets.

International oil prices surged on Monday, while stocks related to artificial intelligence chips continued to face selling pressure, dragging down major stock markets in the United States and Asia.

Powell advances the reform of the Federal Reserve's balance sheet. Wall Street warns that shrinking the balance sheet may disrupt the financing market.

Recently, Federal Reserve Chair Kevin Warsh formed a special working group to conduct a comprehensive evaluation of the Federal Reserve's $6.7 trillion balance sheet. Wall Street analysts believe that the biggest challenge facing the working group will be how to reduce the size of the balance sheet without disrupting the financial markets.

Overnight US stocks | The price of crude oil and cotton surged by over 9%, while the three major indexes fell. SanDisk (SNDK.US) dropped by over 12%.

As of the close, the Dow Jones Industrial Average fell 138.37 points, down 0.26%, to 52,498.64 points; the Nasdaq fell 408.43 points, down 1.55%, to 25,873.18 points; the S&P 500 index fell 60.05 points, down 0.79%, to 7,515.34 points.

US stock market closing: the three major stock indices collectively fell

The Dow fell 0.26%, the S&P 500 fell 0.79%, and the Nasdaq fell 1.55%. As for specific stocks, AppLovin fell 12.65%, SanDisk fell 12.63%, Marvell Technology fell 7.89%, Arm Holdings Plc fell 7.55%, and Oracle fell 6.36%. Among the "Seven Sisters", Microsoft rose 1.54%, Amazon rose 0.80%, Apple rose 0.63%, Google fell 1.23%, Meta Platforms fell 1.86%, Tesla fell 3.19%, and Nvidia fell 3.54%.

US Stock Market Move | Vodafone Group Plc Sponsored ADR (VOD.US) continued to rise by 5% at the opening of trading, accumulating an 18% increase over the past two trading days.

On Monday, Vodafone (VOD.US) continued to rise by 5% in early trading, accumulating an 18% increase over the past two trading days, and is currently trading at $15.45.

Trump announced a 20% "compensation fee" on goods passing through the Strait of Hormuz, restoring the blockade on Iran.

President Trump announced on Monday that the United States will further escalate its military and security intervention in the Strait of Hormuz, stating that the US will impose a 20% "compensation fee" on all goods transported through the Strait of Hormuz to offset the military costs incurred by the US to ensure the security of the waterway.

Financial report before raise target price! Citigroup: Apple Inc.(AAPL.US) is expected to continue expanding its market share.

Citigroup released a research report, raising Apple's target price from $315 to $365, and maintaining a "buy" rating.

Apple Inc. (AAPL.US) acquires some assets of SigScalr, further expanding its layout in AI infrastructure and developer tools.

Apple's stock price rose over 1% against the market on Monday, reaching a historical high of $323.45 at one point.

US Stock Market Move | Will raise up to $340 million to fund colon cancer drug trials Agenus Inc. surged over 130%

On Monday, Agenus (AGEN.US) surged over 130% in early trading, reaching a two-year high at $7.63.

US Stock Market Move | Experienced investors are once again bearish on SpaceX (SPCX.US), causing the stock to drop more than 5% in early trading.

On Monday, SpaceX (SPCX.US) fell over 5% in early trading, closing at $137.68, once again hitting a new low since its listing, a cumulative decline of over 37% from its all-time high of $225.64.

US Stock Market Move | Oil stocks rise broadly, Phillips 66 (PSX.US) up nearly 4%

On Monday, oil stocks rose across the board.

US semiconductor sector opened "black" in July, analysts say that some upward potential has been overdrawn, and future volatility may further intensify.

Analysts believe that after experiencing a sharp increase this year, chip stocks are facing multiple challenges such as high valuation, uncertainties about the sustainability of AI capital expenditure growth and slowing profit growth. The sector's volatility may further intensify in the future.

AI computing power bottleneck migrating upstream! Behind Micron's investment in GlobalWafers: going from a "chip shortage" to a "silicon wafer grab" in the storage super cycle.

The supply of silicon wafers, the core raw material needed for the expansion of chip production capacity, may ultimately become another "key AI computing hardware" bottleneck facing the AI computing industry chain and even the global technology industry.

US Stock Market Move | Apple Inc. (AAPL.US) rises more than 2% against the trend, setting a new record high.

On Monday, amidst the decline of AI technology stocks, Apple (AAPL.US) opened against the trend with a rise of over 2%, closing at $322.37 per share, hitting a new record high, with a total market value of $4.74 trillion.

The Nasdaq fell by 1.01% to 26015.927 points; the Dow Jones rose by 0.16% to 52723.691 points; the S&P 500 index fell by 0.32% to 7551.140 points.

US Stock Market Move | Storage sector opens with general decline, SK Hynix (SKHY.US) falls more than 7% on the second day of trading.

On Monday, the storage sector opened with a general decline.

Apple's stock price broke through the high point in early June, setting a new record high. The total market value is reported at 4.71 trillion dollars.

During the drop in AI technology stocks, Apple's stock price rose by 1.65% to $320.53 per share, hitting a new record high with a total market value of $4.71 trillion.

Nasdaq China Golden Dragon Index rose more than 1%, Beike rose 3.47%, NetEase rose 3.17%, NIO rose 2.93%, JD.com rose 3.12%, and New Oriental Education rose 2.47%.

Apple Inc. (AAPL.US) sues OpenAI for theft of trade secrets, Ultraman boldly declares "not afraid"! But a lawsuit could make its hardware dreams come to a halt.

Apple recently filed a lawsuit against OpenAI, accusing them of systematically stealing Apple's intellectual property. This legal action may deal a significant blow to OpenAI's hardware ambitions before the case is settled.

The Philadelphia Semiconductor Index fell by 3.2%.

US stock market opening: three major indexes are mixed in gains and losses

The Dow rose by 0.06%, the S&P 500 index fell by 0.30%, and the Nasdaq fell by 0.74%. SanDisk dropped by 6.93%, Western Digital dropped by 6.66%, Epam Systems rose by 4.36%, and GoZTEK rose by 3.92%. As for the "Big Seven": Microsoft rose by 0.96%, Apple rose by 0.71%, Amazon rose by 0.06%, Meta Platforms fell by 0.05%, Google fell by 0.41%, Nvidia fell by 0.86%, and Tesla fell by 1.47%.

OPEC has lowered its global oil demand forecast for 2026 for the third time and raised the outlook for 2027.

The monthly report released by OPEC on Monday showed that the organization has revised down its global oil demand growth forecast for 2026 to 780,000 barrels per day, marking its third consecutive downward revision.

Intel Corporation (INTC.US) invests an additional 5 billion euros in Ireland's Hub Group, Inc. Class A, doubling down on both data center CPU expansion and chip manufacturing outsourcing in the thriving AI arms race.

Intel Senior VP Naga Chandrasekaran said in a statement that this is also part of the plan to improve Intel's ability to deliver to foundry customers.

Ceasefire agreement becomes worthless paper! Trump's words reverse the situation in the Middle East, top strategists feel shocked and exclaim "All research is in vain".

Just one day after making investment decisions to ease tensions in the Middle East, BCA Research's Chief Investment Strategist, Jean-Paul Jaunpert, had to cut his losses and withdraw his recommendation.

Preview of US Stock Market | Three major stock index futures fell together, SK Hynix (SKHY.US) was downgraded in profit expectations by South Korean securities firms, and chip stocks fell in pre-market trading.

On July 13 (Monday) before the US stock market opened, futures for the three major US stock indexes all fell.

The latest report of the U.S. Consumer Confidence Index is 77.7 points, and the deployment of new housing projects has boosted the market atmosphere.

In terms of property prices, the latest "Meilian Property Price Index" reported 148.71 points, a slight increase of 0.17% compared to last week; compared to four weeks ago, the property price index has increased by 0.97%; so far this year, property prices have accumulated a rise of 10.39%.

The flourishing of AI chips brings tax revenue windfall, South Korea plans to increase investment in semiconductor and data center construction.

South Korea is expected to receive record tax revenues from the booming semiconductor driven by artificial intelligence. The government has revised its tax revenue estimate for 2027 to 500 trillion Korean won, allowing for a budget proposal of over 800 trillion Korean won.

Selected Announcement of A-share Market | BDStar Navigation (002151.SZ) expects a 3426% increase in net profit in its mid-year report.

Shenghong Technology announced that recently, the company noticed negative rumors circulating on the internet regarding the company's products, market share, project progress, etc., the content of which is seriously inaccurate.

Escape from the AI arms race storm! Wall Street funds surge towards the "king of cash", Apple Inc. (AAPL.US), with a 20-day skyrocketing market value of $600 billion.

Due to concerns over spending on artificial intelligence, investors are flocking to Apple stocks, putting pressure on chip manufacturers and cloud computing giants.

Hong Kong Housing Authority: Public housing comprehensive waiting time has dropped to 4.7 years, marking the lowest record in over eight years.

On July 13, at the public meeting of the Hong Kong Housing Authority, the Director of Hong Kong Housing Department, Ms. Wai-ping Lee, delivered a speech.

The Washington Congress debut is imminent, Wall Street shouts: you may not give a path to interest rates, but please clarify your views on the economy.

Since becoming chairman of the Federal Reserve, Kevin Wash has been extremely cautious in order to avoid sending signals about the direction of interest rates, but in doing so he has also blurred another crucial piece of information for investors, analysts, and other decision-makers - how he will respond to economic challenges.

The Federal Reserve reforms with a "triple attack": Bowman loosens Wall Street regulations, Waller reformes regional Fed systems, and Walsh rewrites monetary policy framework.

The top banking regulator of the Federal Reserve warned the Financial Stability Board not to enforce "strict rules" that are not applicable to different countries, stating that these measures could weaken the effectiveness of international regulatory bodies.

The AI data center arms race is still escalating! Can Meta (META.US) add an additional $40 billion bet to quench the surplus of computing power?

Meta platform (META.US) has committed to an additional investment of 40 billion dollars in its vast data center campus in Louisiana, bringing the total expected investment at the location to over 250 billion dollars.

US stock Q2 earnings season is approaching: Profit expectations are skyrocketing to the strongest since the post-pandemic era, and the market is poised to face the "toughest test in history."

With Wall Street's major banks releasing their report cards this week, the US stock market is about to enter the second quarter earnings season.

National Development and Reform Commission, Ministry of Commerce officials answer questions from reporters on the "15th Five-Year Plan for Expanding Consumption".

Recently, the "13th Five-Year Plan for Expanding Consumption" was approved by the State Council, and officials from the National Development and Reform Commission and the Ministry of Commerce answered questions from reporters.

Guangqi Securities: The trading commission for the polysilicon futures PS2707 contract is one thousandth of the transaction amount, and the intraday closing transaction commission is two and a half thousandths of the transaction amount. The minimum order quantity for each trading instruction is 5 contracts for opening positions and 1 contract for closing positions. Non-futures company members or clients are not allowed to open positions exceeding 200 contracts per day.

Northbound funds | North Water's net purchase of 9.038 billion yuan, significant differentiation in AI hardware stocks, North Water continues to increase its holdings in KNOWLEDGE ATLAS (02513) by over 4.7 billion Hong Kong dollars.

On July 13, the Hong Kong stock market saw a net buying of 9.038 billion Hong Kong dollars by Northbound investors. Among them, the net buying through the Shanghai-Hong Kong Stock Connect was 7.874 billion Hong Kong dollars, and the net buying through the Shenzhen-Hong Kong Stock Connect was 1.164 billion Hong Kong dollars.

Southbound funds today net bought 9.038 billion Hong Kong dollars.

In terms of Hong Kong Stock Connect (Shanghai), Wise Fund and Yingfu Fund received net inflows of HK$2.38 billion and HK$2.27 billion respectively; Jiantao Accumulated Layer Board had the highest net outflow, amounting to HK$817 million. As for Hong Kong Stock Connect (Shenzhen), Wise Fund and NetEase received net inflows of HK$2.357 billion and HK$1.528 billion respectively; Jiantao Accumulated Layer Board had the highest net outflow, amounting to HK$2.397 billion.

The top of Japan's market capitalization ranking has changed again! From "storage as king" to "banking as king," funds return to the theme of cash flow amid the AI correction.

The stock market capitalization of Mitsubishi UFJ Financial Group Inc has jumped to the top position in the Japanese stock market. This is the first time that a bank stock has reached the top of the market value list since the formation of the so-called three major banking groups.

Meta announces it will add $40 billion in investment to the Louisiana data center project, which is Meta's largest project in Louisiana.

The new chairman of the Federal Reserve, Powell, faces a tough test from Congress: Will the strategy of "less talk, more action" work? Inflation and independence are the focus of questioning.

This week, Powell will testify before Congress for the first time as Fed chairman, facing a group of lawmakers who want answers.

Latest

2 m ago

Weizhi Holdings (01305.HK) spent HK$45,000 on July 13 to repurchase 50,000 shares.

4 m ago

Smart Noble Group-W (02590.HK) spent 14.7489 million Hong Kong dollars on July 13th to repurchase 1.5 million shares.

4 m ago

Reserve Bank of New Zealand Chief Economist Conway: will bring inflation back to the target level of 2% in the medium term.

6 m ago

Star Media Group (06698.HK) spent 184,600 Hong Kong dollars on July 13th to repurchase 243,500 shares.

11 m ago

New stock news | Baykee Electronics submits IPO application to Hong Kong Stock Exchange again

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