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Hong Kong stocks closed mixed. The Hang Seng Index rose 0.16%, the Hang Seng Tech Index fell 0.96%. Turnover was HK$309.5bn. Memory/storage names slumped: Zhaoyi Innovation (03986.HK) down more than 15%; Southern 2x long Samsung Electronics product d

2026-07-13

Hong Kong stocks closed mixed. The Hang Seng Index rose 0.16%, the Hang Seng Tech Index fell 0.96%. Turnover was HK$309.5bn. Memory/storage names slumped: Zhaoyi Innovation (03986.HK) down more than 15%; Southern 2x long Samsung Electronics product down over 20%; Southern 2x long SK Hynix product down over 33%. AI large-model name MINIMAX-W (00100.HK) fell more than 17%. Autos were weak, led by SERES (09927.HK), down over 13%. PCB names tumbled: Kingboard Laminates (01888.HK) down over 18%; Kingboard Holdings (00148.HK) down over 19%.

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2026-07-13

The Kremlin: The Paris Alliance is a group of countries that want the conflict in Ukraine to continue. These countries are engaging in hostile acts against Russia.

The Kremlin: The Paris Alliance is a group of countries that want the conflict in Ukraine to continue. These countries are engaging in hostile acts against Russia.
2026-07-13

A July 3-8 survey of 56 economists shows the median euro-area 2026 growth forecast was cut to 0.5% from 0.7% a month earlier and below the ECB baseline of 0.8%, citing renewed Middle East hostilities. Respondents also lowered 2028 growth expectations

A July 3-8 survey of 56 economists shows the median euro-area 2026 growth forecast was cut to 0.5% from 0.7% a month earlier and below the ECB baseline of 0.8%, citing renewed Middle East hostilities. Respondents also lowered 2028 growth expectations while leaving next year’s forecast unchanged. Median inflation this year is seen at 2.8%, slightly down from last month after an earlier oil-price fall but still above the ECB’s 2% target. Economists expect the ECB to raise rates again in September and to enact its first cut in September 2027.
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