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Hong Kong power-equipment stocks mostly fell: Xinyi Solar (00968.HK) down over 5%, Dongfang Electric (01072.HK) down over 4%, Flat Glass Group (06865.HK) and Weichai Power (02338.HK) down over 3%.

2026-06-23

Hong Kong power-equipment stocks mostly fell: Xinyi Solar (00968.HK) down over 5%, Dongfang Electric (01072.HK) down over 4%, Flat Glass Group (06865.HK) and Weichai Power (02338.HK) down over 3%.

Other News
2026-06-23

After the Islamabad MoU, substantive US–Iran talks have opened, but CITIC Securities says the main near-term risk is domestic political pressure in the US, Israel and Iran rather than an immediate war. Keeping the Strait of Hormuz fully open faces si

After the Islamabad MoU, substantive US–Iran talks have opened, but CITIC Securities says the main near-term risk is domestic political pressure in the US, Israel and Iran rather than an immediate war. Keeping the Strait of Hormuz fully open faces significant hurdles; apart from proxy-force dynamics, meaningful progress on the nuclear file within 60 days is unlikely and a prolonged stalemate is possible — lowering the odds of rapid large-scale conflict but also of a stable agreement. Strategically, the episode will push Gulf states back toward a security-first governance posture since the Arab Spring while sharpening incentives for economic diversification, potentially creating cooperation opportunities for China in traditional and new energy and the digital economy.
2026-06-23

Iranian central bank governor Hemmati told Tasnim the country is not obliged to use unfrozen funds to purchase U.S. agricultural products, respond to President Trump’s assertion that the funds should be spent entirely on U.S. farm exports. Hemmati sa

Iranian central bank governor Hemmati told Tasnim the country is not obliged to use unfrozen funds to purchase U.S. agricultural products, respond to President Trump’s assertion that the funds should be spent entirely on U.S. farm exports. Hemmati said the use of the initial $6 billion will follow a 2023 Iran–U.S. memorandum of understanding and cover basic commodities and medicines, and that Iran would not rule out buying U.S. goods if price and quality are preferable.
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