CNBC reports allocations for SpaceX's IPO are largely finalised; just over 20% of the offering will be allocated to retail investors.

At the June 11, 2025 annual shareholders meeting in Maotai, Kweichow Moutai chairman Chen Hua said pricing will follow market conditions and remain relatively stable, and that prices must not experience large swings. He said the company will align supply with demand to balance volume and price. Price adjustments are being kept highly confidential; Chen urged investors and the public not to spread or believe online rumors.

Hong Kong oil and gas services stocks rallied: Shandong Molong (00568.HK) rose over 16%, Baiqin Oilfield Service (02178.HK) gained more than 9%; Sinopec Oilfield Service (01033.HK) and Dalipu Holdings (01921.HK) also climbed.