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At the close of trading in Hong Kong stocks, the Hang Seng Index rose 0.76%, while the Tech Index fell 0.40%. The semiconductor sector saw a collective sell-off, with GigaDevice (03986.HK) falling 18.39% and SMIC (00981.HK) falling 10.07%.

2026-07-02

At the close of trading in Hong Kong stocks, the Hang Seng Index rose 0.76%, while the Tech Index fell 0.40%. The semiconductor sector saw a collective sell-off, with GigaDevice (03986.HK) falling 18.39% and SMIC (00981.HK) falling 10.07%.

Other News
2026-07-02

US nonfarm payrolls rose 57,000 while the unemployment rate fell to 4.2%, producing a contradictory print. The 4.2% jobless rate undershot consensus (4.3%) and the five-bank Wall Street consensus; payrolls ended a three-month run of 100k+ gains, sat

US nonfarm payrolls rose 57,000 while the unemployment rate fell to 4.2%, producing a contradictory print. The 4.2% jobless rate undershot consensus (4.3%) and the five-bank Wall Street consensus; payrolls ended a three-month run of 100k+ gains, sat closer to Citigroup’s 25,000 estimate and were below mainstream banks’ 90,000–130,000 forecasts.
2026-07-02

Ford Motor (F.N) rose 2% after reporting U.S. second-quarter sales.

Ford Motor (F.N) rose 2% after reporting U.S. second-quarter sales.
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