Week Ahead | Waller’s Congressional Debut Coincides with June CPI! Q2 Earnings Season Kicks Off for Wall Street’s Big Five; Taiwan Semiconductor and ASML Holding Test AI Demand; U.S.-Iran 'Fight-and-Talk' Dynamics Stir Oil Prices

Next week, Hong Kong and U.S. equities will face a confluence of macroeconomic data releases, earnings reports, and key technology events. Waller will testify before Congress for the first time as Federal Reserve Chair, coinciding with the release of U.S. CPI and PPI data, potentially prompting a repricing of interest rate expectations. Meanwhile, ongoing U.S.-Iran negotiations amid military tensions continue to influence oil prices. Earnings season intensifies with results from Wall Street’s five major banks, while Taiwan Semiconductor and ASML will serve as barometers of AI demand. Jensen Huang is set to appear in Tokyo, and rumors suggest the imminent launch of Gemini 3.5 Pro. In Hong Kong markets, attention turns to China’s economic data releases, the expiration of share lock-ups for GigaDevice, and technology-driven catalysts from the World Artificial Intelligence Conference (WAIC).

Futu News15:46

Iran announced the closure of the Strait of Hormuz, as U.S. forces stated they were launching strikes against Iran and explosions were heard in multiple Iranian locations.

On July 12, Iran's Islamic Revolutionary Guard Corps (IRGC) announced the closure of the Strait of Hormuz, prohibiting all vessel traffic until the United States ceases its intervention. The U.S. military declared it would strike Iran in response to attacks on civilian vessels in the strait. Explosions were subsequently reported in southern Iran, including in Bushehr, Asaluyeh, Qeshm Island, and Chabahar Port. The IRGC warned that if the U.S. uses this as a pretext for new attacks, Iran will respond forcefully and target additional U.S. bases in the Middle East.

wallstreetcn09:05

Hong Kong IPO Weekly Report: A-share companies including Dinglong Shares filed for listing; multiple new listings saw their share prices fall below offer price on debut

① Several A-share companies, including Dinglong Shares, have filed listing applications—what are the key takeaways? ② Multiple new listings saw their share prices fall below offering price on debut day—which ones warrant close attention?

cls.cn17minutes ago

Top-performing Hong Kong-listed stocks this week | The first pure-play intelligent robotics stock! Luoshi Robotics surged nearly 49% in two days since its listing; Deshi-B rose almost 48%, with iMedLoop establishing a rare industry-wide closed-loop produc

This week, the Hang Seng Index rose 3.53% cumulatively to close at 24,175.12 points; the Hang Seng Tech Index gained 4.95% over the same period, closing at 4,721.66 points; and the Hang Seng China Enterprises Index advanced 4.41% cumulatively to settle at 8,039.19 points.

Futu NewsJul 11 11:02

Global Equities Roundup: Market Talk

WSJJul 10 16:29

Market Snapshot | The three major indices moved in mixed directions, with the Hang Seng Index rising 0.6% and the Hang Seng Tech Index falling 0.21%. Technology and internet stocks generally advanced, with Xiaomi up over 3% and Alibaba gaining more than 2

Tech and internet stocks rose broadly, with Xiaomi Group-W up 3.36% and NetEase down 2.73%; most lithium battery stocks declined, with CATL falling 7.92% and Tianqi Lithium down 4.20%; biotechnology stocks advanced across the board, with Pregene Biopharma-B surging 28.93% and Kelun-Biotech rising 8.74%;

Futu NewsJul 10 16:24