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Oil prices rose for a second consecutive day, influenced by multiple factors including uncertainty surrounding US-Iran negotiations, strong demand, and the resumption of flows through a Saudi oil pipeline.
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Yangtze Optical Fibre and Cable (YOFC) plunged 16.03% in Hong Kong trading, while UBS bucked the trend by raising its net profit forecasts for the company by 116%-158% for 2026-28 and maintaining a "buy" rating.
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Renowned investor Duan Yongping has once again purchased 30,000 shares of Kweichow Moutai, spending over 36.9 million yuan.
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Zhuhai Amicro Technology, a robot chip designer backed by Xiaomi, has passed its listing hearing and plans to raise over $100 million in an IPO in Hong Kong.
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