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GigaDevice (03986.HK) opened higher but closed lower, falling by more than 10%.

2026-07-10

GigaDevice (03986.HK) opened higher but closed lower, falling by more than 10%.

Other News
2026-07-10

Escalating hostilities between the United States and Iran have clouded the outlook and could disrupt the International Energy Agency's (IEA) forecast of an oil market surplus in 2027.

Escalating hostilities between the United States and Iran have clouded the outlook and could disrupt the International Energy Agency's (IEA) forecast of an oil market surplus in 2027.
2026-07-10

CSC Financial says recycled feedstock has tightened and recycler operating rates have fallen, prompting a downgrade to overall rare-earth output. SMM estimates June praseodymium‑neodymium (PrNd) oxide production fell about 6%, and the share of recycl

CSC Financial says recycled feedstock has tightened and recycler operating rates have fallen, prompting a downgrade to overall rare-earth output. SMM estimates June praseodymium‑neodymium (PrNd) oxide production fell about 6%, and the share of recycled PrNd oxide in total output dropped from 44% in May to 37% in June. Supply is broadly tight with little near‑term upside. On the demand side, European heat waves have lifted air‑conditioner sales—each unit uses roughly 0.1–0.2kg of rare‑earth permanent magnet—and magnet‑material makers, running low inventories, are expected to increase purchases ahead of the air‑con peak and a strong Q3 auto season. Rare‑earth prices are therefore likely to trend higher.
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