The Israel Defense Forces said an airstrike in northern Gaza late on the 5th into the early hours of the 6th killed Fadi Farah Ashour Dagmaish, a commander in the Palestinian Islamic Resistance Movement (Hamas) responsible for its military training wing. The IDF said he oversaw multiple training programs, including pre-October 7, 2023 training of Hamas’s Nukhba elite units, and had helped direct operations against Israeli forces in Gaza. Hamas had no immediate comment.

Japan 10-year government bond yield rose 5bps to 2.820%.

Huatai Securities says near-term focus should be on Hong Kong names that are deeply oversold, carry heavy short interest and show marginal stabilization or improvement in earnings expectations—notably innovative drugmakers and electric utilities—and on high-dividend defensive banks. Innovative-drug fundamentals are still improving; global style rebalancing has triggered catch-up moves and short-covering may continue. Prioritise CXO names with positive guidance and leading drugmakers with strong BD potential. For the AI hardware chain, further near-term increases offer limited risk/reward; the next critical window is the US July earnings season, so adjust exposure according to unrealized gains. AI software is more a source of stock-specific alpha tied to model leadership. On a medium-term view, maintain a balanced allocation between sectors showing accelerating demand and undervalued reversal candidates.