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Hong Kong semiconductor sector traded higher amid volatility; Changguang Chenxin (03277.HK) rose over 6%, Naxin Micro (02676.HK) up more than 3%, SMIC (00981.HK) and Fudan Microelectronics (01385.HK) also gained.

2026-06-30

Hong Kong semiconductor sector traded higher amid volatility; Changguang Chenxin (03277.HK) rose over 6%, Naxin Micro (02676.HK) up more than 3%, SMIC (00981.HK) and Fudan Microelectronics (01385.HK) also gained.

Other News
2026-06-30

Germany and the Netherlands opened a military headquarters in the Baltic region to deter Russia, with the German-Dutch 1st Corps assuming part of NATO’s eastern-flank defense from NATO’s Multinational Corps Northeast at a ceremony in Valga, Estonia.

Germany and the Netherlands opened a military headquarters in the Baltic region to deter Russia, with the German-Dutch 1st Corps assuming part of NATO’s eastern-flank defense from NATO’s Multinational Corps Northeast at a ceremony in Valga, Estonia. German Defense Minister Pistorius said the new high-capability headquarters raises readiness, tightens command-and-control and strengthens deterrence. US Army Gen. Donahue, commander of NATO Allied Land Command, welcomed the move and said European states are taking on more responsibility than in the past 35 years; the handover comes ahead of next week’s NATO summit.
2026-06-29

Oman's foreign ministry said the two sides discussed strengthening coordination on issues related to the Strait of Hormuz to align with both countries' mutual interests and sovereignty, and affirmed a commitment to adhere to international law. They a

Oman's foreign ministry said the two sides discussed strengthening coordination on issues related to the Strait of Hormuz to align with both countries' mutual interests and sovereignty, and affirmed a commitment to adhere to international law. They also explored a cooperation framework for navigation and maritime services based on their status as littoral states and existing bilateral and international understandings.
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