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Xunlong Technology (06715.HK), dubbed the "first caviar stock", rose more than 40% intraday on its Hong Kong debut. The IPO was priced at HKD75.5 a share and was over 2,100x subscribed; the gray market closed up 37% yesterday.

2026-06-30

Xunlong Technology (06715.HK), dubbed the "first caviar stock", rose more than 40% intraday on its Hong Kong debut. The IPO was priced at HKD75.5 a share and was over 2,100x subscribed; the gray market closed up 37% yesterday.

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2026-06-30

The Bank of Japan appointed Ayano Sato, seen as supportive of easy policy, to the nine-member policy board, raising the odds of two dissenting votes against future rate hikes even as the board’s overall tilt remains hawkish. The appointment could slo

The Bank of Japan appointed Ayano Sato, seen as supportive of easy policy, to the nine-member policy board, raising the odds of two dissenting votes against future rate hikes even as the board’s overall tilt remains hawkish. The appointment could slow the pace of tightening; the board’s two most hawkish members, Tamura and Takada, are due to leave in July next year, adding uncertainty to the tightening path. Sato will hold a press briefing Tuesday at 17:00 Tokyo (16:00 Beijing); markets will watch whether she aligns with Asada in opposing further tightening. Her formal policy debut is the July 30-31 meeting, where the BoJ is widely expected to keep rates unchanged. Traders will balance visible monetary caution from Sanae Takaichi, linked to financing costs for her government investment plan, against the BoJ’s stated intent to tighten further to counter energy-driven price pressures.
2026-06-30

Hong Kong-listed oil stocks continued to decline, with PetroChina (00857.HK) falling over 5%, CNOOC (00883.HK) falling nearly 4%, and Sinopec (00386.HK) falling 1.4%.

Hong Kong-listed oil stocks continued to decline, with PetroChina (00857.HK) falling over 5%, CNOOC (00883.HK) falling nearly 4%, and Sinopec (00386.HK) falling 1.4%.
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