Hong Kong-listed ZTE Corp (00763.HK) shares rose more than 10% on heavy turnover, with trading value exceeding HK$1 billion.

BERNSTEIN raised its 2026 gold forecasts, setting a H2 target of $4,375/oz and a full-year target of $4,533/oz. The firm cites continued central bank net-buying and a low probability of Fed rate hikes over the next 12 months as primary support, and expects at most one to two Fed hikes and limited gold ETF outflows. It noted Q2 2026 real-rate increases drove gold from $4,650/oz to about $4,000/oz, but says stabilizing rate expectations leave upside for prices; persistent higher-than-expected inflation prompting more aggressive Fed tightening would be the main risk to its bullish view.

海灣合作委員會：我們拒絕任何關於霍爾木茲海峽的單方面機制或安排。