傑富瑞：將蘋果(AAPL.O)目標價從299.88美元上調至308.92美元。

July 27 — Changxin Technology will list on the Shanghai STAR Market at an issue price of 8.66 yuan/share. Based on a 278.01% average full-subscribed IPO gain, one retail allotment implies roughly 12,000 yuan profit; based on a 466.67% STAR Market new-issue average, the implied profit is about 20,200 yuan. Market participants say the IPO sector has staged an intraday rebound and panic has eased. Cycle pricing and sentiment indicators have retraced to neutral or slightly below neutral on the year; the unwinding of upside risk may be largely complete and the sector could enter a more balanced, choppy long‑short phase. A durable return to strength will likely require further convergence/stabilization of cycle indicators and narrowing of long‑short divergence.

European equity indices opened higher on July 27: Germany's DAX up 324.12 pts (1.29 pct) at 25,415.81; FTSE 100 up 69.72 pts (0.65 pct) at 10,805.95; France's CAC 40 up 77.09 pts (0.92 pct) at 8,449.37; STOXX Europe 50 up 61.51 pts (0.98 pct) at 6,342.45; Spain's IBEX 35 up 205.41 pts (1.05 pct) at 19,791.11; Italy's FTSE MIB up 386.77 pts (0.75 pct) at 52,189.00.