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WTI crude oil fell more than 1.00% intraday, currently trading at $69.37 per barrel.

2026-06-29

WTI crude oil fell more than 1.00% intraday, currently trading at $69.37 per barrel.

Other News
2026-06-29

Morningstar analyst Jing Jie Yu said market uncertainty about potential capital spending by Samsung Electronics and SK Hynix may be pressing their share prices. He estimates combined capex could reach about 2,000 trillion won over the next decade—rou

Morningstar analyst Jing Jie Yu said market uncertainty about potential capital spending by Samsung Electronics and SK Hynix may be pressing their share prices. He estimates combined capex could reach about 2,000 trillion won over the next decade—roughly double Morningstar's current forecast—including SK Hynix’s planned AI data‑center investment, with pledged spending on the Yongin wafer‑fab cluster around 600 trillion won. Yu warned that if SK Hynix’s AI data‑center commitments are separate from its broader capex plans, the memory‑chip sector could face a material supply‑overhang risk because demand typically slows as a capex cycle matures.
2026-06-29

Hong Kong semiconductor stocks strengthened in afternoon trade. Zhaoyi Innovation (03986.HK) jumped over 14%, Huahong Hongli (01347.HK) rose more than 8%, SMIC (00981.HK) gained about 5%, while Shanghai Fudan (01385.HK) and Lanqi Technology (06809.HK

Hong Kong semiconductor stocks strengthened in afternoon trade. Zhaoyi Innovation (03986.HK) jumped over 14%, Huahong Hongli (01347.HK) rose more than 8%, SMIC (00981.HK) gained about 5%, while Shanghai Fudan (01385.HK) and Lanqi Technology (06809.HK) is also advanced.
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