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Dubai Media Office said the Dubai Financial Market's total market capitalization surpassed 1 trillion dirhams.

2026-06-17

Dubai Media Office said the Dubai Financial Market's total market capitalization surpassed 1 trillion dirhams.

Other News
2026-06-17

CITIC Securities says a reversal in Hong Kong stocks is likely and recommends five positioning themes: 1) high‑growth tech — Hong Kong has advantages in the token economy ecosystem and robotics, plus exposure to batteries, commercial space and brain‑

CITIC Securities says a reversal in Hong Kong stocks is likely and recommends five positioning themes: 1) high‑growth tech — Hong Kong has advantages in the token economy ecosystem and robotics, plus exposure to batteries, commercial space and brain‑computer interfaces; 2) dividend‑diffusion trades — defensive, bond‑like high‑dividend sectors (property management, telecoms, power) and ‘broad dividend + high growth’ names (cyclical energy on an upcycle, high‑yield food & beverage, diversified financials); 3) industrial metals with constrained supply, state strategic stockpiling and demand support from AI deployment and electrification; 4) exporters and overseas‑expansion chains that could see margin recovery if China‑US relations stabilize and trade frictions ease; 5) healthcare — innovative drugs entering a data‑intensive catalytic phase and CXO (contract service providers) benefiting from reinforcing competitive barriers.
2026-06-17

CUSTOMS data show China’s goods exports in dollar terms rose 19.4% YoY in May, the fastest pace in three months. At a Ningbo freight forwarder, staff are refreshing carriers’ booking systems; US routes account repeatedly for about 70% of the firm’s v

CUSTOMS data show China’s goods exports in dollar terms rose 19.4% YoY in May, the fastest pace in three months. At a Ningbo freight forwarder, staff are refreshing carriers’ booking systems; US routes account repeatedly for about 70% of the firm’s volume. Firms report China-US sailings have been fully booked since May, with space tight across East and South China and intense competition for slots and empty containers. Freight rates for a 40ft box from Ningbo have jumped from roughly $2,900 to the US West and $3,900 to the US East at end‑April to about $6,300 and $7,500 respectively after several rounds of increases.
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