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Hong Kong large-model AI stocks weakened: MINIMAX-W (00100.HK) fell over 7%; Zhipu (02513.HK) turned negative after an early intraday gain of more than 12%.

2026-06-12

Hong Kong large-model AI stocks weakened: MINIMAX-W (00100.HK) fell over 7%; Zhipu (02513.HK) turned negative after an early intraday gain of more than 12%.

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2026-06-12

China A-shares rose at midday: Shanghai Composite +1.56%, Shenzhen Composite +1.69%, ChiNext +1.27% after an early jump above 2%. Gold sector led gains — Zhaojin Gold hit limit-up and Xiaocheng Technology rose over 9%. Aerospace names strengthened wi

China A-shares rose at midday: Shanghai Composite +1.56%, Shenzhen Composite +1.69%, ChiNext +1.27% after an early jump above 2%. Gold sector led gains — Zhaojin Gold hit limit-up and Xiaocheng Technology rose over 9%. Aerospace names strengthened with Chenxi Aviation, AVIC High-Tech, Beimo Hi-Tech and Zhongtian Rocket among stocks at limit-up. Minor metals outperformed; tungsten and rare-earth permanent-magnet plays led, with Xiye, Jinmo and Shenglong at limit-up. Coal, batteries, lab-grown diamonds, brokers and diversified financials also outperformed. MLCC, helium, advanced packaging, photoresist and glass/fiberglass were laggards. Turnover on Shanghai and Shenzhen was about 2.06 tln yuan at midday, up roughly 465.6 bln yuan versus the same period yesterday; roughly 4,500 stocks advanced and 900 declined.
2026-06-12

According to a Reuters poll, 42 out of 45 economists said the Reserve Bank of Australia (RBA) would keep the cash rate at 4.35% on June 16. 26 out of 44 economists expect the RBA cash rate to be 4.35% at the end of September; and 18 out of 44 expect

According to a Reuters poll, 42 out of 45 economists said the Reserve Bank of Australia (RBA) would keep the cash rate at 4.35% on June 16. 26 out of 44 economists expect the RBA cash rate to be 4.35% at the end of September; and 18 out of 44 expect the rate to be 4.60% or higher.
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