News

HSI closed down 405.05 points, or 1.76%, on June 26 (Friday), to 22671.86 points;Hong Kong’s Hang Seng Technology Index closed down 150.33 points, or 3.41%, to 4255.59 points on June 26 (Friday); The state-owned enterprise index closed down 147.54 points, or 1.94%, to 7460.84 points on June 26 (Friday); The red chip index closed down 47.94 points, or 1.26%, to 3749.09 points on June 26 (Friday).

U.S. AI chip stocks were mixed before the market opened. Intel (INTC.O) fell 3.2%, Baidu (BIDU.O) and AMD (AMD.O) fell 2.7%, Qualcomm (QCOM.O) and Broadcom (AVGO.O) fell more than 1%, and Microsoft (MSFT.O) rose 1.1%.

European Central Bank: Revenue growth is expected to reach 1.0% in the next year (previously expected to be 0.8%).

The European Central Bank's 1-year CPI forecast for the Eurozone in May is 3.5%, compared with the expected 3.90% and the previous value of 4.00%.

The European Central Bank's 3-year CPI forecast for the Eurozone in May was 2.9%, compared with the expected 2.80% and the previous value of 2.90%.

Traders are no longer fully pricing in a 25 basis point rate hike from the European Central Bank this year.

Iran’s Ministry of Foreign Affairs: Lasting peace and security in the region can only be achieved through mutual trust and mutual cooperation among regional countries and away from the destructive interference of the United States.

Iran's Ministry of Foreign Affairs: Statements about "the United States' enduring commitment to the security of Gulf Cooperation Council members" are nothing but empty words and a distortion of reality.

Iranian Ministry of Foreign Affairs: The Iranian Ministry of Foreign Affairs believes that the position held in the joint statement issued by U.S. Secretary of State Rubio and the Foreign Ministers of the Gulf Cooperation Council on June 25, 2026 is interventionist, irresponsible and provocative, and warns of the continued belligerence and interference in the region.

Lebanese Hezbollah leader Naeem Qasim: The United States and Israel are trying to eliminate Iran by changing the Iranian regime and taking control of the country, and they believe they can do this.

Lebanese Hezbollah leader Naeem Qasim: We broke the conspiracy of Israel and the United States and entered a new stage.

According to TASS: Russian Deputy Prime Minister Novak said that it will take some time to reshape the Russian fuel market.

Russian MP: Russia and Ukraine will exchange prisoners of war on Friday.

Lebanese Hezbollah leader Naeem Qasim: The memorandum of understanding is a formal declaration of failure by the United States and Israel.

EU: In principle, temporary protection measures do not apply to new arrivals who leave the country without the approval of the Ukrainian authorities and need to perform military obligations.

EU Oil Coordination Group: Supplies from Iran/Middle East will take time to reach Europe.

EU Oil Coordination Group: With the signing of a memorandum of understanding between the United States and Iran, trade flows are slowly starting to resume.

EU Oil Coordination Group: The current situation is stable, mainly due to the reduction of global inventories in the past few months.

EU Petroleum Coordination Group: Will continue to monitor the EU's oil supply security situation and coordinate actions when necessary.

Market news: Volkswagen CEO plans to cut investment by about 15% over the next five years to just over 130 billion euros.