恒指期货日盘开盘跌0.21%，报23985点，低水219点。

China’s National Flood Control and Drought Relief Headquarters raised flood and typhoon emergency response from level-4 to level-3 at 17:00 on July 9 for Zhejiang and Fujian as Typhoon Bavi approaches. At 14:00 on July 9 the meteorological agency placed Bavi’s center about 1,030 km east-southeast of Keelung, Taiwan in the northwest Pacific, with maximum winds near the center of 52 m/s and a 7-level wind radius of 500 km. Bavi is moving northwest at 10–15 km/h and may make landfall or pass northern Taiwan on July 11 daytime (super/strong typhoon), then is forecast to make coastal landfall between Fuqing (Fujian) and Wenling (Zhejiang) on the night of July 11 (strong typhoon/typhoon). Authorities said the storm’s landfall intensity, wide impact and destructive potential make the situation severe and complex; emergency response will be adjusted as the storm evolves.

Dan Bin said he is optimistic that listings of ChangXin Memory and SK Hynix will not meaningfully divert capital. He added that if the two storage firms reach market caps of 3 tln, 5 tln or even 7 tln yuan after listing, it would unlock substantial market‑cap upside for A‑share and Hong Kong hard‑technology sectors and is a long‑term positive. He said A‑shares can produce a hard‑tech company with market value exceeding $1tn, and that value breakthroughs in storage and other hard‑tech sectors would reshape the domestic capital‑market landscape.