香港恒生指数6月29日（周一）开盘上涨155.79点，涨幅0.69%，报22827.65点； 香港恒生科技指数6月29日（周一）开盘上涨67.97点，涨幅1.6%，报4323.56点； 国企指数6月29日（周一）开盘上涨76.96点，涨幅1.03%，报7537.8点； 红筹指数6月29日（周一）开盘上涨18.37点，涨幅0.49%，报3767.46点。

Trump will sign multiple executive orders at 15:00 US Eastern Time on Monday (03:00 Beijing time next day).

CSC Financial says Q3 market direction will be driven by: fundamentals — AI compute demand remains highly cyclical; company earnings and overseas results are key, and policy actions from the July Politburo meeting matter given macro pressure since April. Liquidity — external shocks have risen while domestic liquidity is neutral. Risk appetite — geopolitical events and major tech listings can produce short-term volatility; monitor compute trends in Japan, Korea and the US due to global tech linkage. Sector view — AI compute’s bull case intact but volatility has increased; advise against chasing rallies, accumulate on dips. Lithium batteries should enter seasonal strength, energy storage demand is warming, and renewables may see valuation repair. Dividend plays look poised for oversold rebounds. Focus: banks, coal, utilities, AI, optical modules, storage, chips, industrial metals, lithium battery materials (VC).