Fed's Williams said standing repo operations should be viewed as routine business.

Individual Stock News 1. Luxshare Precision (02475.HK) listed today, priced at HK$63.28 per share. 2. Zhipu (02513.HK): Plans to raise over HK$31.4 billion through a share placement at a discount of approximately 13%. 3. Fenbi (02469.HK): Zhang Xiaolong resigned as Executive Director, CEO, and Chairman of the Board. 4. China Biopharmaceutical (01177.HK) announced further deepening of its strategic cooperation with GlaxoSmithKline (GSK.N) and the introduction of two innovative respiratory drugs. 5. Jiangxi Copper (00358.HK): Expects net profit attributable to shareholders of the listed company for the first half of 2026 to be RMB 7.55 billion to RMB 8.5 billion, representing a year-on-year increase of 80.86% to 103.61%. 6. Agile Group (03383.HK): In the first half of 2026, the Group's pre-sales amounted to approximately RMB 3.8 billion, corresponding to a gross floor area of approximately 408,000 square meters, with an average price of RMB 9,323 per square meter. 7. Dingtai Hi-Tech (01377.HK) listed today, receiving 354.64 times oversubscription. The share price was HKD 380, with a 3% chance of winning a single lot. Dingtai Hi-Tech has been added to the Shenzhen Stock Exchange's list of Hong Kong Stock Connect securities, effective July 9th. 8. Shui On Land (00272.HK): In the first half of 2026, the company's contracted property sales reached RMB 2.961 billion, including RMB 2.44 billion in residential property sales and RMB 521 million in commercial property sales. 9. A winding-up petition has been filed against an indirect wholly-owned subsidiary of Zhenro Properties (06158.HK). The filing of the petition does not necessarily lead to winding-up. As of the date of this announcement, the High Court of the Hong Kong Special Administrative Region has not issued a winding-up order against the subsidiary.

During the NATO summit the US, Japan and South Korea signed an MoU to create an export cooperation mechanism for small modular reactors (SMRs), targeting third‑country nuclear markets including the Indo‑Pacific. Governments cited sharply rising power demand from AI as a rationale for coordinated SMR export and supply‑chain efforts. The US said GE Vernova, Hitachi, Samsung C&T and SGE agreed an industry initiative to push BWRX‑300 SMR deployment in Europe. Vietnam, Singapore, the UK and the Czech Republic have signaled interest. Participants cited market forecasts of about $7.5bn in 2025, rising to roughly $300bn by 2040.