Citi: Overall US equity fund flows have expanded, but Nasdaq position risks remain.

Gelonghui, June 16 | Last week, U.S. equity holdings across asset classes generally expanded, though Citi warned that the Nasdaq’s excessively concentrated long exposure remains a key risk. Small-cap stocks saw substantial inflows, while the Nasdaq rally was driven by short covering and new long positions. Sentiment in European markets improved, with investors continuing to buy into the STOXX Europe 600, Germany's DAX, and the UK’s FTSE indices, although short interest remains elevated. Asian capital flows showed divergent and weak trends, with sustained outflows from the Hang Seng Index and renewed short-selling pressure on the KOSPI.

Gelonghui Finance16minutes ago

Trump TACOs again—what’s the cost?

Trump announced a U.S.-Iran ceasefire, prompting a sharp rally in global risk assets. However, the unusual signal of gold rising in tandem is warning investors that this 'TACO rally' differs from previous episodes, with its hidden cost potentially being an accelerating erosion of dollar credibility.

wallstreetcn21:08

Hong Kong Market Snapshot | All three major indices declined, with the Hang Seng Tech Index down 2.24%. Tech and internet stocks remained weak throughout the day, with Kuaishou and Meituan each falling nearly 4%. Some commercial aerospace-related stocks p

Tech stocks declined, with Kuaishou-W down 3.89% and Bilibili-W falling 3.82%. Most internet healthcare stocks also dropped, with Qingsong Health down 9.18% and Ping An Good Doctor falling 7.34%. Non-ferrous metal stocks weakened, with MMG down 11.91% and China Hongqiao down 7.13%.

Futu News16:23

Hong Kong Market Midday Review | All three major indices fell more than 1%, with tech and internet stocks weakening; Kuaishou dropped over 4%, Meituan declined nearly 4%; Zhipu AI rose another 9%, and KB Group Holdings surged over 8%, reaching a new all-t

Tech and internet stocks underperformed, with Kuaishou-W down 4.28% and Bilibili-W falling 3.89%; sports goods stocks broadly declined, with 361 Degrees dropping 5.11% and Li Ning slipping 4.98%; internet healthcare stocks weakened, as Easy Health fell 7.71% and Ping An Good Doctor declined 7.01%;

Futu News12:11

How to Successfully Navigate Hot Hong Kong IPO Trades – A Guide from Goldman Sachs

According to the latest research by Goldman Sachs, newly listed Hong Kong stocks have delivered an average three-month return of 67% since last year, though performance has been highly divergent. Key indicators of outperformance include large market capitalization at standalone listing, cornerstone investor stakes of 30%–50%, high retail subscription multiples, and strong growth in new-economy sectors; valuation levels, by contrast, have not been a decisive factor. Approximately USD 274 billion worth of previously locked-up shares are scheduled for release over the next 12 months. Historically, median share prices have declined by 7% in the six months following lock-up expirations, but index inclusion and inflows via Stock Connect can effectively offset selling pressure.

wallstreetcn11:36

Express News | National Bureau of Statistics: Industrial output from designated-size enterprises rose by 4.5% year-on-year in May on a real basis.

Breakings10:00