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The VIX fear index fell to a more than two-week low, last down 0.72 points to 15.87.

2026-07-02

The VIX fear index fell to a more than two-week low, last down 0.72 points to 15.87.

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2026-07-02

On July 2 the State-owned Assets Supervision and Administration Commission (SASAC) held a special meeting directing faster industrial-structure upgrading and higher state-capital efficiency. It called for tailoring measures to develop new-quality pro

On July 2 the State-owned Assets Supervision and Administration Commission (SASAC) held a special meeting directing faster industrial-structure upgrading and higher state-capital efficiency. It called for tailoring measures to develop new-quality productive capacity locally and to advance the 'three concentrations' of state capital to improve allocation and operating efficiency. SASAC prioritized creating several world-class, globally competitive industry clusters, strengthening industrial resilience and security, and closing gaps in industrial foundations to build secure, resilient supply chains. It instructed central SOEs to step up technology innovation, accelerate formation of national strategic science-and-technology capabilities, expand industry-facing basic research and frontier R&D, and forge an open, collaborative innovation ecosystem linking basic research, applied development and commercialization. The commission also stressed accelerating development of science-and-technology talent, especially in basic frontier areas and industry-common technologies.
2026-07-02

Hong Kong's Hang Seng Index (HSI) closed up 174.01 points, or 0.76%, at 23,055.03 on Thursday, July 2. The Hang Seng Tech Index closed down 17.95 points, or 0.40%, at 4,454.28. The Hang Seng China Enterprises Index (HSCEI) closed up 54.18 points, or

Hong Kong's Hang Seng Index (HSI) closed up 174.01 points, or 0.76%, at 23,055.03 on Thursday, July 2. The Hang Seng Tech Index closed down 17.95 points, or 0.40%, at 4,454.28. The Hang Seng China Enterprises Index (HSCEI) closed up 54.18 points, or 0.72%, at 7,612.48. The Hang Seng Red Chip Index closed up 66.18 points, or 1.80%, at 3,735.60.
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