Hong Kong optical communications sector extended yesterday’s gains: Lens Technology (06613.HK) rose nearly 7%; Junzhi Group (01300.HK) and Huiju Technology (01729.HK) each climbed over 4%; Yangtze Optical Fibre and Cable (06869.HK) gained more than 3%; Sunny Optical Technology (02382.HK) and peers also advanced.

German investor sentiment outperformed expectations after markets priced in a rapid end to the Iran conflict, reducing near-term energy-price and inflation risks. ZEW’s economic sentiment index rose to 10.5 in June from -10.2 in May, well above the median forecast of -6; the current-conditions index fell further to -81. ZEW said financial-market experts view the Iran crisis as approaching its end, a dynamic that could ease inflationary pressure and support energy-intensive sectors, households and domestic demand. The Bundesbank expects defence and infrastructure spending to add about 0.5 percentage point to growth, but Germany is still forecast to record only modest expansion in 2026 as the Middle East conflict weakens prospects for a stronger rebound. News of a US-Iran temporary restart of a Strait of Hormuz agreement should relieve market tension, though a promised resumption of trade by the weekend is uncertain and hinges on how quickly oil flows are restored amid divisions among European allies.

歐盟委員會主席馮德萊恩：在與地區夥伴就中東問題舉行的會議上，我們強調，首先，必須確保霍爾木茲海峽的航行自由得到全面恢復，且不受任何限制。