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Hong Kong memory and storage names extended afternoon losses: China Southern 2x long SK Hynix (07709.HK) down more than 28%, China Southern 2x long Samsung Electronics (07747.HK) down more than 25%, GigaDevice (03986.HK) down over 17%, Montage Techno

2026-07-28

Hong Kong memory and storage names extended afternoon losses: China Southern 2x long SK Hynix (07709.HK) down more than 28%, China Southern 2x long Samsung Electronics (07747.HK) down more than 25%, GigaDevice (03986.HK) down over 17%, Montage Technology (06809.HK) down over 12%, VSTECS (00856.HK) down over 7%.

Other News
2026-07-28

MOFCOM foreign trade department head He Shaojun said China does not deliberately pursue a trade surplus and will continue to promote balanced import and export development, keep markets open and firmly expand imports. In 1H, goods imports rose 22.1%

MOFCOM foreign trade department head He Shaojun said China does not deliberately pursue a trade surplus and will continue to promote balanced import and export development, keep markets open and firmly expand imports. In 1H, goods imports rose 22.1% YoY, clearly outpacing exports. China remains the world’s second-largest import market, with large-scale demand providing strong momentum for trading partners. Since last year China launched the Export China brand and plans to hold more than 100 import-promotion events annually; overseas Export China events have produced intended procurement agreements between Chinese and local firms, broadening sourcing channels and easing market access for foreign companies.
2026-07-27

Rocket Lab (RKLB.O) shares rose 4.5% in pre-market trading after the company secured a $266 million missile defense contract with the U.S. Space Force.

Rocket Lab (RKLB.O) shares rose 4.5% in pre-market trading after the company secured a $266 million missile defense contract with the U.S. Space Force.
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