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A-share AI server, switch and other compute-hardware stocks remained active, lifting AI PC concept names; Hongxi Technology hit the daily limit, Leishen Technology rose more than 15%, and Huaqin Technology, Huiwei Intelligent, Yidao Information and L

2026-07-08

A-share AI server, switch and other compute-hardware stocks remained active, lifting AI PC concept names; Hongxi Technology hit the daily limit, Leishen Technology rose more than 15%, and Huaqin Technology, Huiwei Intelligent, Yidao Information and Lianyun Technology also gained.

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2026-07-08

KOSPI extended losses, sliding as much as 6% intraday and falling over 20% from its June peak, putting the market on track for a technical bear. Samsung Electronics and SK Hynix dropped about 7% and 5% respectively as investors reprice AI-driven dema

KOSPI extended losses, sliding as much as 6% intraday and falling over 20% from its June peak, putting the market on track for a technical bear. Samsung Electronics and SK Hynix dropped about 7% and 5% respectively as investors reprice AI-driven demand. Leveraged ETFs amplified volatility. The chip sell-off persisted despite Samsung reporting quarterly profit up 19-fold this week, highlighting traders’ demand for more evidence that huge semiconductor supply‑chain capex is justified. Fidelity International portfolio manager Ian Samson said the volatility largely reflects fundamental uncertainty: strong AI-led chip demand is concentrated in roughly $1 trillion of capex by a handful of large tech firms, and if that spending proves unsustainable there is downside risk.
2026-07-08

Iran's Foreign Ministry: All countries, especially neighboring countries on the southern shore of the Persian Gulf, have an obligation under international law to prevent aggressors from using their territory and facilities to carry out acts of aggres

Iran's Foreign Ministry: All countries, especially neighboring countries on the southern shore of the Persian Gulf, have an obligation under international law to prevent aggressors from using their territory and facilities to carry out acts of aggression against Iran. We reiterate that any act that assists in the commission of aggression against Iran constitutes conspiracy and participation in such a crime.
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