Dispelling AI Bubble Anxieties: Morgan Stanley’s Chief Strategist Unpacks New Opportunities in U.S. and Chinese Equity Markets

The AI wave is sweeping the globe. The U.S. is the main battleground of the AI revolution, while China plays a critical role in the supply chain—Chinese companies are integral to PCBs, optical fiber, optical modules, and AI models, with many already featured on supplier lists of tech giants like NVIDIA and Meta.

Tencent FinanceJul 22 21:12

Hong Kong Exchange optimizes strike price intervals and related market maker arrangements for weekly stock index options, including weekly Hang Seng Index options.

The revised rules will take effect on Monday, July 27, 2026.

Zhitong FinanceJul 22 19:03

Trump’s Tariffs in Disguise—What’s Different This Time?

Authors: Song Xuetao, Li Mengying Source: Xuetao Macro Notes The United States is rebuilding country-specific tariffs and expanding sectoral tariffs through Section 301, Section 338, and Section 232 investigations. The Section 122 tariffs, implemented by the Trump administration as a transitional measure, will expire on July 24. However, tariff policy remains a central pillar of Trump’s core economic agenda. Based on the policy actions already taken by the Trump administration, the U.S. is using Section 301, Section 338, and Section 232 investigations to reconstruct country-specific tariffs and broaden sectoral tariffs, respectively. I. How will Trump’s new tariffs be implemented after the expiration of Section 122? Section 301 investigations primarily target trade practices of specific countries

Xue Tao Macro NotesJul 22 17:39

Market Snapshot | All three major indices declined, with the Hang Seng Tech Index down over 3%; tech and internet stocks broadly fell, Tencent dropping more than 7%; gold mining stocks rose, with Chifeng Gold and Lingbao Gold up over 15%; PCB-related and

Technology and internet stocks declined, with NetEase down 7.39% and Tencent down 7.05%; mobile gaming stocks fell, with NetEase down 7.39% and Tencent down 7.05%; non-ferrous metal stocks rose, with Chifeng Gold up 15.42% and Lingbao Gold up 15.13%.

Futu NewsJul 22 16:25

U.S.-Iran Conflict Lifts Oil, Helps Keep Yen Near 40-Year Lows -- Update

WSJJul 22 14:36

Hong Kong Market Midday Review | All three major indices declined, with the Hang Seng Tech Index falling over 2%; tech and internet stocks dropped, Tencent down nearly 6%; gold and semiconductor stocks rose against the trend, Montage Technology up nearly

Tech and internet stocks declined, with NetEase down 6.24% and Tencent down 5.74%; non-ferrous metal stocks rose across the board, with Lingbao Gold up 16.03% and Chifeng Gold up 14.48%; mobile gaming stocks fell, with NetEase down 6.24% and Tencent down 5.74%;

Futu NewsJul 22 12:10