Cryptoinsane

Realway Technology (7656) began its Hong Kong IPO subscription on June 29 and will close on July 3, with listing scheduled for July 8, according to Ming Pao.
The offer price is set at HK$21.66 per share. The company is offering 28.087 million shares globally, including 1.4044 million shares in Hong Kong. The board lot size is 200 shares, implying an entry cost of HK$4,375.69. Expected fundraising is about HK$608 million.
Joint sponsors are Huatai International, CCB International and ABC International. The deal has no cornerstone investors.

China International Capital Corp (CICC) dijo que la atención del mercado se ha desplazado recientemente hacia el reequilibrio de estilos, ya que los temas más populares han registrado altas ganancias acumuladas y un nivel de mayor concentración, según 36Kr. En el exterior, después de que se reanudó el envío a través del estrecho de Ormuz, las disrupciones en el suministro de crudo se atenuaron y el WTI cayó a cerca de 70 dólares por barril, reduciendo la presión alcista sobre la inflación global, indicó CICC, añadiendo que la postura de política monetaria del presidente de la Reserva Federal, Walsh, todavía está influyendo temporalmente en las expectativas de los inversores sobre la política de EE. UU. Domésticamente, CICC dijo que el mercado de acciones A de China está a punto de entrar en la temporada de informes provisionales, y que espera mejores resultados provisionales en julio y agosto para brindar algún apoyo a los índices; también señaló que es posible que el periodo anterior de consolidación entrecortada y rotación rápida de estilos esté cerca de su fin, y que las ganancias provisionales gradualmente se convertirán en el tema principal de inversión.

Reece James missed England's final training session before their World Cup last-16 tie against Mexico, while Jarrell Quansah returned to full training and is available for selection. James has missed England's last two matches since suffering a hamstring injury late in the goalless draw with Ghana and has yet to train fully with the squad, according to Yahoo Sports.

El mercado de acciones A de China cayó a mediodía después de abrir con pérdidas en los principales índices, mientras que el sector de metales preciosos subió frente al descenso general. Según Jin10, los tres principales índices de acciones A abrieron a la baja durante la sesión matutina, y el índice ChiNext cayó brevemente más de 4% al inicio de la negociación antes de que el mercado rebotara en movimientos bruscos. Al cierre de mediodía, el índice Compuesto de Shanghái estaba 0,9% a la baja, el índice de la Componente de Shenzhen cayó 2,09% y el índice ChiNext bajó 3,47%. El volumen de contratación en ambos mercados superó los 2,2 billones de yuanes. Más de 2.000 acciones retrocedieron. El desempeño por sectores fue mixto. Las acciones de metales preciosos se dispararon: Xianglu Tungsten, Chifeng Jilong Gold Mining, la unidad Zhaojin Mining del grupo Zijin Mining y Shandong Gold International alcanzaron sus máximos diarios. El tema de robots humanoides estuvo activo, con más de 10 acciones componentes también llegando al máximo permitido. En otras áreas, la tendencia de empaquetado avanzado siguió recuperándose durante la sesión. Las acciones de equipos para semiconductores siguieron bajo presión, mientras que los nombres de hardware de potencia de cómputo cayeron de forma generalizada. Los sustratos de vidrio y los sectores relacionados con chips de memoria estuvieron entre los mayores retrocesos.

A Japanese government economic adviser, Nagase, said a June interest rate hike would be appropriate. According to Jin10, Nagase said he personally believed raising rates in June made sense because delaying a hike would lead to excessive depreciation of the yen and harm households.

Futu said that in the first half ended June 30, total subscription amounts for 84 Hong Kong IPOs subscribed via its platform were close to $9.3 trillion, according to Ming Pao. Futu said 70 of the IPOs recorded subscriptions of more than $100 billion each, and 36 exceeded $1 trillion. It added that more than 880,000 investors cumulatively participated in IPO subscriptions, and that its platform accounted for about 47% of the overall Hong Kong IPO subscription amount market-wide.

La gobernadora de la Reserva Federal, Mary C. Daly, dijo que sería algo positivo que se resolviera la situación en el Estrecho de Ormuz. Según Jin10, Daly señaló que una retirada en los precios del petróleo sería una buena noticia para los consumidores y la economía.

Data compiled from HKEX Disclosure of Interests records for Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect showed that the biggest increase in holdings on July 2, 2026 was in CSPC Pharmaceutical Group (1093), up 40.046 million shares, according to Ming Pao. The largest reduction was in Southbound Hang Seng Tech (3033), down 415 million shares.

Several traders have been taking leveraged positions in meme tokens and altcoins on Aster, according to on-chain analyst Ai Yi. According to Odaily, one whale opened a 1x short position in ESPORTS worth $9.58 million and was showing an unrealized profit of $5.005 million. Ai Yi also tracked two addresses, 0x2d4 and 0x961, that opened 2x short positions in GUA worth $5.47 million and recorded profits of more than $1.29 million, representing a 235% return. In addition, addresses 0x2A3 and 0x134 opened long positions in SYN worth $1.5 million and $504,000, respectively, with unrealized gains of $174,000 and $435,000.

El miembro del Consejo de Gobierno del BCE, Alberto G. Musalem, dijo que la caída de los precios del petróleo aliviaría el impacto en el sector de servicios. Según Jin10, Musalem hizo esas declaraciones sin proporcionar detalles adicionales.

Longsys said it expected net profit for the first half of 2026 to be 92 billion yuan to 110 billion yuan, up 62,204.03% to 74,393.95% year on year. According to Jin10, the company said the reporting period benefited from rising downstream demand and limited overall growth in global memory wafer capacity, which supported a favorable cycle for the global semiconductor memory industry and created a positive external environment. It also said it successfully renewed wafer supply agreements with several major global memory wafer manufacturers through LTA or MOU arrangements, helping secure memory wafer supply and strengthen its resource base for long-term development. During the reporting period, the company said it completed joint tuning with AMD, achieving a technical innovation that reduced DRAM usage by about 40% for its SSD storage agent and HLC technology supporting on-device AI products.

Wales’ hopes of securing a FIFA Under-20 World Cup play-off place ended with a 3-0 defeat by Denmark in the UEFA Men’s Under-19 Championship, according to Yahoo Sports. Ollti Hyseni scored twice and Hjallte Larke added a free-kick goal as Denmark advanced to a play-off against the third-placed team from Group B at Bangor’s Nantporth Stadium on Wednesday, with the winner earning a place in the inter-confederation play-offs for the 2027 FIFA Under-20 World Cup. Wales exited Group A after losing all three matches without scoring and finished the Denmark game with 10 men after Jac Thomas was sent off for a second yellow card late on.

Beijing released the Beijing Digital Economy Development Report (2025–2026), which said the city’s digital economy value added exceeded 2.4 trillion yuan in 2025 and that its AI core industry was about 63 billion yuan. According to Jin10, the report was unveiled at the results release event of the 2026 Global Digital Economy Conference, and it was presented by Lu Ya, vice president of the Beijing Academy of Social Sciences. The report said Beijing’s digital economy value added rose 8.7% year on year in 2025 and accounted for 46.4% of GDP. It also said Beijing ranked second in the Global Digital Economy Benchmark City Index evaluation, with a development index value of 0.770, and remained among the “global leading cities.” Lu said Beijing’s position as an “AI first city” continued to strengthen. The report said the city’s AI core industry scale was about 63 billion yuan in 2025, with more than 2,500 related companies clustered in the city. It added that, as of April 2026, 225 large models had been filed. The report said innovation in large models and industry applications accelerated in both directions, speeding up empowerment of industrial upgrading, scientific and technological innovation, and public services. It also said reforms to marketize data elements advanced further, with breakthroughs in building “one zone and three centers.” The report said on-venue transaction volume at the Beijing International Big Data Exchange rose 150% year on year, and that trusted data spaces expanded circulation in key areas including healthcare and audiovisual sectors.

Biren Technology (6082), one of China’s “four little dragons” in domestic GPUs and a recent Hong Kong listing, placed 153 million new H shares at HK$46.2 each, a 9.94% discount to the July 3 H-share close of HK$51.3, according to Ming Pao. The placement raised HK$7.0686 billion in gross proceeds and HK$7.0376 billion net. Ming Pao said the fundraising size is larger than the HK$5.58 billion the company raised from its Hong Kong IPO earlier this year.

According to Lianhe Zaobao citing Xinhua and BFM TV, France’s weather service on July 5 placed 16 departments—mainly in the southwest and south—under an orange heat alert as a new heat wave is expected to push temperatures back toward 40 degrees Celsius. Forecasts said much of southwestern France could reach 36C to 39C on July 6, parts of Languedoc-Roussillon could hit 40C, and Paris could rise to 33C to 36C, with some areas possibly reaching 41C in coming days. BFM TV reported the heat wave could last until July 15, though the weather service said the intensity and spread remain uncertain while confirming temperatures are still well above seasonal averages. Wildfires in southwestern France remained severe, with a new blaze in the Eastern Pyrenees on July 4 evening; Interior Minister Gerald Darmanin said the burned area had reached 2,000 hectares. Authorities in Pyrénées-Orientales ordered evacuations in some towns affecting more than 10,000 people, and about 700 firefighters were deployed near Perpignan to battle the fires.

BitMine added around $73 million in ETH last week, bringing its total holdings to 5,742,237 ETH. According to NS3.AI, the company has staked 4,879,157 ETH and projects $235 million in annualized staking revenue. Separately, Strategy sold $216 million in BTC to meet dividend obligations.

CITIC Securities CICC said China’s floating-rate bond market is small but structurally concentrated, with policy bank financial bonds dominating and most coupons linked to DR007 and the loan prime rate (LPR). The brokerage said floating-rate bonds only outperform fixed-rate bonds when DR007 or the LPR rises and triggers coupon resets; if risk-free yields rise while the benchmark rates fall or stay low, floating-rate bonds face greater pressure. With the LPR still in a rate-cut cycle and DR007 lacking a clear basis for an uptrend, it said investors should not overestimate the near-term allocation value of floating-rate bonds. A smoother investment window may emerge toward the end of the easing cycle, after dovish expectations are fully priced in and DR007 stabilizes or money-market rates rebound, according to Jiemian News.

An analyst said oil companies have only a short window to benefit from elevated oil prices during the Middle East conflict. According to Jin10, Bank of America equity research analyst Robin Haworth said the opportunity for oil companies to capitalize on high prices is fleeting. He said valuations for major oil and gas companies’ stocks have not expanded significantly because investors view the higher profits as temporary. In a research note, Haworth said oil prices may be capped at $100 a barrel, leaving limited room for further gains. He added that oilfield services companies may have opportunities tied to repairing damage caused by the Middle East conflict. Haworth also said structurally reduced capacity and Ukraine’s attacks on Russian refineries are supporting refining industry margins. However, he said that as oil output and prices normalize, more attractive opportunities may be found in other sectors, including financials, utilities, and health care.

Yahua Group (002497.SZ) opened at the daily limit-up on July 7 after issuing an upbeat 2026 first-half earnings forecast, with its shares at 24.65 yuan by midday and market capitalization at 28.41 billion yuan, according to Jiemian News. The stock had risen 21% over the first five trading days of July and is up more than 110% from a cyclical low of about 11 yuan in July 2025. The lithium-salt producer said it expects 2026 H1 net profit attributable to shareholders of 11 billion to 13 billion yuan, up 710.17% to 857.48% year-on-year. Net profit excluding non-recurring items is forecast at 11.25 billion to 13.15 billion yuan, up 1,392.73% to 1,644.84%, with basic EPS of 0.9621 to 1.137 yuan. Based on its Q1 net profit of 339 million yuan, implied Q2 net profit would be 7.61 billion to 9.61 billion yuan, up 124.65% to 183.68% quarter-on-quarter. The company attributed the surge to rising lithium-salt prices and volumes and tighter cost controls across mining, production and sales.

Zhongke Xinghai Thermal Control Technology (Shenzhen) Co., Ltd. has been established, with a business scope that includes research and testing for micro-satellites, manufacturing of micro-satellites, and research, development, and manufacturing of rocket launch equipment. According to Jin10, Qichacha APP information showed that the company was set up recently. Qichacha’s equity penetration information showed that the company is jointly held by Siquan New Materials, Xingtou Measurement and Control, and others.