香港恒生指数7月3日（周五）开盘上涨185.82点，涨幅0.81%，报23240.85点； 香港恒生科技指数7月3日（周五）开盘上涨33.7点，涨幅0.76%，报4487.98点； 国企指数7月3日（周五）开盘上涨62.07点，涨幅0.82%，报7674.55点； 红筹指数7月3日（周五）开盘上涨18.55点，涨幅0.5%，报3754.15点。

BNP Paribas has raised its forecast for Japan's terminal policy rate to 2.50% from 2.00%. Economist Ryutaro Kono expects the Bank of Japan to pursue gradual tightening, hiking roughly every four to five months, taking the policy rate to 1.25% by end-2026, 2.00% by end-2027 and a terminal 2.50% in September 2028. He cites persistent yen downside pressure and inflation likely to remain above the BOJ's 2% target. The bank says the government is expected to remain passively tolerant of further rate rises.

Philadelphia Semiconductor Index (SOX) extends losses to 4%.