The FTSE China A50 Index surged sharply in the afternoon, lifting Asia-Pacific equities across the board! Two positive catalysts emerged suddenly—has this correction cycle ended?
Asia-Pacific markets surged in the afternoon!
Market Snapshot | All three major indices rose, with the Hang Seng Index up 0.52%; PCB, memory-related, and optical communication stocks rebounded—KBT Laminates surged over 14%, Yangtze Optical Fiber & Cable jumped more than 10%, and Gigadevice climbed ov
Most tech and internet stocks rose, with Baidu Group-SW down 7.26% and NetEase down 2.51%; gold stocks performed strongly, with China Silver Group up 9.91% and China Gold International up 6.52%; semiconductor stocks advanced, with GigaDevice up 9.54% and Montage Technology up 8.01%.
GF Securities Strategy: Mid-Term Strategy for Hong Kong and Overseas Major Asset Classes in 2026
This article’s core recommendation is not to focus solely on whether liquidity tightening is bearish for technology stocks, but also to pay attention to EPS and industry trends. Overall, technology growth assets underpinned by strong industry trends still offer structural opportunities, although market dynamics may shift from a one-sided trend to a phase characterized by higher volatility and greater dependence on earnings confirmation.
Hong Kong Market Midday Review | All three major indices declined, with the Hang Seng Tech Index down 1.42%; tech and internet stocks weakened, Baidu fell nearly 9%; PCB-related stocks and oil equities rose, with Kingboard Laminates up nearly 8% and Petro
Tech and internet stocks declined, with Baidu Group-SW down 8.84% and SenseTime-W down 5.26%; smartphone supply chain stocks broadly fell, with Hua Hong Hongli down 5.98%, while Kingboard Group rose 3.87%; oil stocks strengthened, with PetroChina up 3.35% and CNOOC up 2.34%;
Futu Morning Brief | Renewed Middle East conflict fuels inflation concerns; AI chip stocks slump, dragging down equities; Apple shares hit new highs amid retreat from computing power arms race; CPI and Waller in focus tonight
On July 13 local time, U.S. President Trump told the media at the White House that he still believes the United States and Iran could reach an agreement, saying, 'Iran wants to reach a deal and has re-engaged with the U.S.'
Express News | Li Qiang chaired a symposium with experts and entrepreneurs on the economic situation: comprehensive policy measures should be implemented to unlock the potential of domestic demand and accelerate the cultivation of new drivers of consumption.