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Hong Kong biotech sector strengthened; 02617.HK rose more than 20%, 02552.HK gained over 7%, and 02228.HK and 06127.HK also advanced.

2026-06-29

Hong Kong biotech sector strengthened; 02617.HK rose more than 20%, 02552.HK gained over 7%, and 02228.HK and 06127.HK also advanced.

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2026-06-28

Bahrain’s Defense Force General Command said on the 28th its air-defence systems intercepted and destroyed missiles and drones launched from Iran. The command said Iran continued hostile actions, including missile and drone strikes targeting Bahraini

Bahrain’s Defense Force General Command said on the 28th its air-defence systems intercepted and destroyed missiles and drones launched from Iran. The command said Iran continued hostile actions, including missile and drone strikes targeting Bahraini civilians, and that defense units are at highest alert and fully prepared. The Interior Ministry said the incident damaged a residential building in Muharraq governorate with no fatalities; authorities are responding on site.
2026-06-29

CITIC Securities says early-May dollar strength and rising rate expectations corresponding with an acceleration of global K-shaped market divergence, driven by tightening expectations that damage non-AI demand. The firm judges the K-shaped split has

CITIC Securities says early-May dollar strength and rising rate expectations corresponding with an acceleration of global K-shaped market divergence, driven by tightening expectations that damage non-AI demand. The firm judges the K-shaped split has reached a cyclical extreme; even overseas tech is contracting internally, and pricing across equities, bonds, commodities and FX already reflects early recession-trade signals. If tightening materializes, carbon‑based demand could suffer further; if not, divergence may partially converge. Compared with volatile offshore markets, China’s A-share market shows greater resilience: some non-AI sectors have attracted early (left-side) institutional flows and a few low-valuation pockets have begun to repair, but catalysts are still required.
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