News

Hong Kong-listed mainland property stocks rebounded after a period of volatility, with Sunac China (01918.HK) rising over 7.5%, Longfor Group (00960.HK), Ronshine China (03301.HK), and Shimao Group (00813.HK) all rising over 5.5%, and Sino-Ocean Group (03377.HK) and Yuexiu Property (00123.HK) following suit.

According to the Financial Times: Meta Platforms CEO Zuckerberg said banning the use of cutting-edge Chinese artificial intelligence in the United States is not an "effective solution."

Li Auto (LI.O) U.S. stocks rose 4.7% in late trading.

Rio Tinto (RIO.N) CEO: Consider how to best achieve profitability at the U.S. Kennecott copper smelter.

SoftBank Group: Will issue 80 billion yen in 3-year unsecured bonds.

Hong Kong stocks saw the Hang Seng Tech Index rise over 2%, the Hang Seng Index rise over 1.2%, Li Auto (02015.HK) rise over 7%, MiniMax (00100.HK) rise over 6%, and Zhipu (02513.HK) rise over 5%.

According to Iranian state television: Iran's Revolutionary Guards said they launched ballistic missiles at a U.S. air base in Jordan and the U.S. military's central command center.

Australia's seasonally adjusted monthly CPI rate in June was -0.1%, compared with -0.1% in the previous month.

Australia's seasonally adjusted annual CPI rate in June was 3.7%, compared with the previous value of 4%.

Australia's second quarter CPI annual rate was 4%, expected 4.1%, and the previous value was 4.1%.

Australia's second-quarter CPI rose 0.6% quarter-on-quarter, below the expected 0.70% and the previous reading of 1.40%.

Australia's unadjusted CPI rose 0.1% month-on-month in June, below the expected 0.2% and the previous reading of -0.7%.

Australia’s unseasonally adjusted CPI annual rate in June was 3.8%, expected to be 4%, and the previous value was 4.00%.

Ukrainian President Zelensky: U.S. President Trump has agreed to provide Ukraine with a license for Patriot missiles.

The HSI opened on July 29 (Wednesday), up 176.31 points, or 0.7%, to 25487.16 points;Hong Kong’s Hang Seng Technology Index opened on July 29 (Wednesday), up 48.02 points, or 1.02%, to 4778.63 points. ;The state-owned enterprise index opened up 63.78 points, or 0.76%, to 8500.03 points on July 29 (Wednesday);The red chip index opened up 0.15 points, or 0.0%, to 4152.49 points on July 29 (Wednesday).

Hong Kong stocks opened, with the Hang Seng Index opening up 0.7% and the KITI opening up 1.02%; MiniMax (00100.HK) and Li Auto (02015.HK) both rose by more than 4%, and Leapmotor (09863.HK) and Zhipu (02513.HK) both rose by more than 2%.

Australia's June unadjusted CPI year-on-year rate will be released in ten minutes.

NI225 gave up its earlier gains and now fell 0.6% to 62002.36 points.

NI225 gave up early gains and traded flat.

Japanese Prime Minister Sanae Takaichi: The earthquake in Kumamoto, Japan, has killed thirteen people.