Weekly: Geopolitical Risks Spark Small Pullback, Metals Surge, Tech Earnings & Fed Pause in Focus
Last Week's Recap 1. The US Market - Show Slight Pullback on Geopolitical Tensions: Slight pullback: the $S&P 500(.SPX)$ (-0.35%, 6,915.61), the $Dow Chemical(DOW)$ (-0.53%, 49,098.71), and the $NASDAQ(.IXIC)$ (-0.06%, 23,501.24)posted fractional declines for the second week in a row. Geopolitical tensions: International tensions over Greenland and the related prospect of tariffs were the key catalysts for Tuesday’s tumble around 2%. Metals dazzle: Precious metals prices are extending rallies again. Gold is trading above $5000 per ounce, while silver surpassed $100 per ounce for the first time. U.S. GDP upgrade: The government’s updated figure put the quarter
Weekly | Hot HK IPOs Are Back! Making Money Effortlessly With IPOs?
Hong Kong stocks were weak this week, with $HSI(HSI)$ retreating for four consecutive days and losing 2.84%.On Friday, the Bureau of Statistics revealed that the May Manufacturing Purchasing Managers' Index (PMI) stood at 49.5%, down 0.9% from the previous month.Mainly due to the high base formed by earlier rapid growth in the manufacturing industry and insufficient effective demand, the sentiment level in the manufacturing sector has declined somewhat.In terms of sectors, real estate and healthcare were still the biggest losers this week:With Hong Kong stocks taking a breather, southbound funds bought in a whopping HK$29.7 billion this week!Despite the sluggish market, new listings stole the show. Three IPOs this week, including
Qunabox Group Ltd is a company principally engaged in the provision of artificial intelligence (AI) interactive marketing service. The Company operates through three segments, Marketing Services, Merchandise Sales and Other Services. Marketing Services segment mainly provides standardized marketing services and value-added marketing services, including customized AI interactive marketing services and data strategy services. Merchandise Sales segment primarily operates experiential vending machines selling fast-moving consumer goods. Other Services segment is mainly involved in information technology (IT) system development and software development services. The Company’s AI interactive and big data products include digital human shopping guide based on AI large language models, AI tactile interaction, AI emotion recognition, and flavor database and pre-scoring service for beverages and snack food.
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Interim Report
INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED JUNE 30, 2026