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Hong Kong AI application stocks extended gains: Xunce (03317.HK) rose over 22%, Horizon Robotics (09660.HK) rose over 11%, Bilibili (09626.HK) rose over 5%; Kingdee International (00268.HK) and Kingsoft Cloud (03896.HK) were also higher.

2026-06-29

Hong Kong AI application stocks extended gains: Xunce (03317.HK) rose over 22%, Horizon Robotics (09660.HK) rose over 11%, Bilibili (09626.HK) rose over 5%; Kingdee International (00268.HK) and Kingsoft Cloud (03896.HK) were also higher.

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2026-06-29

The South Korean government plans to accelerate approvals and construction in the southwest region to rapidly expand memory chip production capacity. The central region will focus on developing advanced packaging technologies, while the southeast reg

The South Korean government plans to accelerate approvals and construction in the southwest region to rapidly expand memory chip production capacity. The central region will focus on developing advanced packaging technologies, while the southeast region will be developed into a hub for semiconductor materials, components, equipment, and next-generation power chips.
2026-06-29

Toyota said May global vehicle sales, including Daihatsu, fell 7.4% YoY to 885,207 units, marking a fourth consecutive monthly decline; global production fell 5.8% to 857,765 units. Toyota cited Middle East disruptions and intense market competition

Toyota said May global vehicle sales, including Daihatsu, fell 7.4% YoY to 885,207 units, marking a fourth consecutive monthly decline; global production fell 5.8% to 857,765 units. Toyota cited Middle East disruptions and intense market competition as drivers. Despite a US‑Iran agreement to end hostilities, navigation through the Strait of Hormuz is only gradually recovering and attacks on vessels persist, highlighting continued exposure of Toyota and other automakers to the region’s logistics and energy supply risks — risks that could pressure the company’s record profit levels from the prior fiscal year.
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