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BHP Group Ltd port workers plan to strike, potentially disrupting operations at the world's largest iron ore export terminal.
① Hundreds of workers at Port Hedland are scheduled to stage an eight-hour work stoppage from 2 p.m. to 10 p.m. on July 16; ② BHP Group Ltd stated: "A robust iron ore industry is in the interest of all Australians. We look forward to continuing constructive negotiations to reach a fair agreement while ensuring the safety and stability of our operations."
Express News | Hong Kong Government: Regulated stablecoin expected to launch in mid- to second half of this year
A Canadian ETF Alternative: A Complete Stock Portfolio in 3 Picks
Daily Summary of Investment Bank/Institutional Views (2026-06-17)
Mini Program: Daily Summary of Investment Bank/Institutional Views — International 1. UBS Group: Pushes back Fed rate cut expectations to 2027; expects hawkish signal from this week’s meeting UBS Global Wealth Management has pushed back its expectation for Federal Reserve rate cuts to March and June 2027, and no longer anticipates any cuts this year. The firm stated that this adjustment reflects its view that the upcoming Fed meeting will deliver a hawkish message. UBS now forecasts the Fed will cut rates by 25 basis points each in March and June next year, compared with its previous forecast of 25-basis-point cuts in December 2026 and March 2027. The Federal Reserve will announce its interest rate decision this week.
“Finance is the new consumption!” Ri Dou Wang Wen’s latest insight: Value investing must overcome eighty-one trials and tribulations—and be pursued with joyous perseverance.
‘Technology is a productive force, but finance drives new consumption.’ ‘The financial industry is a perpetually growing sector.’ ‘Once your understanding is correct, all that remains is persistence—and joyful persistence at that.’ These were the latest insights shared by Wang Wen, Chairman of Ridou Investment, at the 2026 Jin Changjiang Private Fund Development Forum held on June 11. Organized by Securities Times and co-hosted by Changjiang Securities, this year’s forum carried the theme ‘Chasing the Light.’ Sharing the stage with him were Tao Dong of Freshwater Springs and Wu Ge of Changjiang Securities. When it was Wang Wen’s turn to speak, he opened almost bluntly, stating that he ‘would never stand in the spotlight.’ ‘Who says only those standing in the light are...’
Cross-border securities enter an era of comprehensive compliance: how can existing capital be safely withdrawn while avoiding fatal pitfalls?
This regulatory campaign, led by eight government departments, covers all sectors, the entire business chain, and all market participants. Unlicensed overseas entities conducting unauthorized operations within China will be completely shut down, leaving no room for侥幸 (wishful thinking or attempts to circumvent rules). During the two-year transition period, existing investors will only be allowed to sell or transfer out their holdings—not buy or transfer in new assets. For investors, the riskiest choice is not an orderly exit, but rather panic-driven transfers of assets to unlicensed overseas institutions that have not yet been explicitly targeted—thereby voluntarily forfeiting legal protections and stepping into a regulatory void. By addressing root causes, closing backdoors, and opening legitimate channels, cross-border investment in China is entering an era of comprehensive standardization.