India trade official says India-U.S. trade pact may be finalized after USTR "Section 301" investigation concludes.

At midday the Hang Seng Index was down 1.18% and the Hang Seng Tech Index was down 2.40%. PCB names led gains: Kingboard Laminates (01888.HK) rose over 10% while Shenghong Technology (02476.HK) bucked the trend, falling more than 6%. Heavy-equipment shares advanced with China Longgong (03339.HK) up over 4%. Chongqing Rural Commercial Bank (03618.HK) gained around 2%. Oilfield services stock Shandong Molong (00568.HK) jumped over 15%. Beer, dairy and auto-dealer stocks also strengthened. Laggards included memory, semiconductor, OLED, optical-communications, gold and nonferrous-metal sectors. Notable individual movers: Tianshu Zhixin (09903.HK) rose over 11%, MINIMAX-W (00100.HK) fell more than 8%, and Zhipu (02513.HK) closed up 2%.

On June 8, 2026 the Guangzhou Housing Provident Fund Management Center issued the Implementation Measures for Individual Housing Loans under the Guangzhou Housing Provident Fund. Under the Housing Provident Fund Management Regulations, the measures add construction, reconstruction and major-repair loan types for owner-occupied housing to the existing purchase-loan framework and specify application criteria, loan limits, tenors, procedures and collateral arrangements. The changes are aimed at meeting depositors’ diversified housing needs, notably old-community renovations and house rebuilding, and at better leveraging the housing provident fund to support and improve housing conditions.