Futu Morning Brief | U.S.-Iran Tensions Escalate Sharply! Oil Prices Surge; Tech Giants to Report Earnings This Week, BofA Warns to Watch Capital Expenditures; 'Another Storage Sector Horror Story?' U.S. Claims Right to Share Korean Firms' Profits

The China Securities Regulatory Commission (CSRC) held a special meeting on market stabilization, and two major centrally administered state-owned enterprises announced plans to increase their holdings of A-share equities; another Federal Reserve official struck a hawkish tone, stating that inflation remains the primary concern at present.

Futu News08:05

Michael Burry, famed for his bearish bet against the housing market, turns bullish on Hong Kong equities: With AI hype cooling off, Hong Kong stocks now represent a valuation trough—an ideal opportunity to buy the dip. He has already increased his stake i

A long-short battle, epitomized by Michael Burry, is unfolding in the Hong Kong stock market, with bullish sentiment continuing to gather momentum. Michael Burry, the investor who gained fame for accurately predicting the 2008 U.S. subprime mortgage crisis and whose story inspired the film 'The Big Short,' recently stated publicly that now is an "excellent time" to hunt for undervalued stocks in the Hong Kong market. His bullish thesis is based on the expectation that the global AI chip stock rally will cool down, prompting capital to flow out of South Korea, Japan, and the semiconductor sector in search of valuation discounts. Meanwhile, Wang Yajun, Head of Asian Equity Capital Markets at Goldman Sachs, also noted

wallstreetcnJul 17 15:55

Express News | The one-year and five-year Loan Prime Rates (LPR) remained unchanged.

Breakings6minutes ago

Week Ahead | Google, Tesla, IBM, and Intel to report earnings, putting tech stocks in the spotlight; AMD hosts AI conference with Lisa Su delivering a keynote speech; Trump attends White House Correspondents' Dinner on Friday

The European Central Bank is expected to hold interest rates steady; the World Artificial Intelligence Conference (WAIC) concluded on July 20.

Futu NewsJul 19 16:53

Weekend Reading | How to Become a Smart Investor? Insights from 'The Person Who Understands Graham Best' on the Advantages and Discipline That Enable Individual Investors to Outperform 'Smart Money'

Zweig also reminded individual investors that their true edge does not lie in information or speed, but rather in not having to participate in the competition where professional investors are judged quarterly or even daily. “What you should truly care about is not whether you outperformed the index at any given point in time, but whether you are steadily progressing toward your long-term financial goals.”

Smart InvestorJul 19 14:27

Is the fastest and steepest sell-off in tech stocks in history coming to an end? Goldman Sachs reflects on the market's 'brutal rotation.'

He stated that the unwinding process of the momentum factor is 'nearing completion,' but there is currently a lack of catalysts for an immediate reversal in the near term.

wallstreetcnJul 19 10:01