Week Ahead | 'Super Event Week' Arrives! SpaceX Prepares for IPO; Apple Holds WWDC with Siri AI as the Main Attraction; FIFA World Cup Kicks Off; Oracle Earnings and China-U.S. CPI Data to Be Released

In the coming week, the market will迎来 a series of significant events, but the most closely watched remains SpaceX’s potential initial public offering (IPO). Under current arrangements, the offering could launch on Friday. If it proceeds as planned, it is expected to have a notable impact on overall market sentiment, though the direction of that impact remains uncertain. A timely IPO could boost market activity, whereas any delay might undermine investor confidence. Apart from SpaceX, Apple’s Worldwide Developers Conference (WWDC), earnings reports, and Taiwan Semiconductor’s May sales data could also serve as key drivers of market volatility.

Futu News16:00

Top-performing Hong Kong stocks this week | Shougang Lango surged nearly 108% in its debut week; Wuyi Vision rose over 30%, driven by NVIDIA’s new product catalyzing a surge in demand for intelligent driving simulation; and Lichen Resources gained nearly

This week, the Hang Seng Index declined by 0.88% cumulatively, closing at 24,961.95 points; over the same period, the Hang Seng Tech Index rose by 0.09% cumulatively, closing at 4,888.39 points; and the Hang Seng China Enterprises Index increased by 0.13% cumulatively, closing at 8,436.63 points.

Futu NewsJun 6 11:17

U.S. forces struck Iranian targets, prompting air defense alerts in Bahrain and Kuwait; Trump insisted he would soon 'disengage' from the conflict with Iran.

Tensions in the U.S.-Iran conflict continue to escalate, with Bahrain and Kuwait successively issuing nationwide air defense alerts. U.S. forces shot down four Iranian drones and conducted airstrikes on Iranian coastal radar installations, prompting Iran to retaliate with missile strikes targeting U.S. military bases in Kuwait and Bahrain.

wallstreetcnJun 6 10:25

Hong Kong Market Snapshot | All three major indices declined, with the tech index down 1.75%; Hong Kong stocks fell for the third consecutive day. Most semiconductor stocks declined, with Montage Technology dropping 9.21%. Shipping and port stocks rose, w

All three major indices declined, with the tech index falling 1.75%, and Hong Kong stocks dropping for the third consecutive day; most semiconductor stocks fell, with Montage Technology down 9.21%; shipping and port stocks rose, with COSCO Shipping Holdings up 6.68%.

Futu NewsJun 5 16:26

CICC’s Outlook for Hong Kong Equities in the Second Half of the Year: Maintains a Neutral View on Index Volatility; Marginal Shifts Ahead May Drive Valuation Recovery in Growth Sectors Such as Hang Seng Tech from Current Low Levels

It is still advisable to closely follow the direction in which credit can expand.

Kevin Strategy ResearchJun 5 14:51

Hong Kong Market Midday Review | All three major indices weakened, with the Hang Seng Tech Index down 1.23%; memory-related stocks broadly declined, with CSOP FTSE China A50 Two Times Long SK Hynix ETF dropping over 14% and CSOP FTSE China A50 Two Times L

Tech and internet stocks weakened, with Baidu Group-SW down 1.31% and Xiaomi Group-W down 0.78%; shipping and port stocks performed strongly, with COSCO Shipping Holdings up 7.32% and Orient Overseas International up 5.55%; most casino and gaming stocks declined, with Wynn Macau down 4.25% and Sands China Ltd. down 4.12%.

Futu NewsJun 5 12:13