Metaplanet cuts Series 10 stock pool by 41%, plans Hong Kong subsidiary
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Metaplanet’s executive stock pool sparks shareholder backlash as CEO addresses MMXX ties
Metaplanet’s executive stock pool continues to draw backlash over dilution concerns, as investors urged the company to freeze the exercise rights tied to 273 million shares.
Shenzhen Platinum New Materials Co., Ltd. submitted a listing application to the Hong Kong Stock Exchange.
According to Mars Finance, Shenzhen Platinum New Materials Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities as the sole sponsor.
Hong Kong-listed AI stocks rallied, with Huiju Technology rising nearly 9%.
Mars Finance reported on July 8th that Hong Kong-listed artificial intelligence stocks rallied, with Huiju Technology (01729.HK) rising 8.96%, Shanghai Fudan (01385.HK) rising 5.53%, and Lenovo Group (00992.HK) rising 4.41%. (Science and Technology Treasure Broadcast)
Ruwei Technology's stock price fell nearly 17% on its first day of trading on the Hong Kong Stock Exchange, closing at HK$18 per share.
Mars Finance reported on July 8th that Ruwei Technology's stock price fell nearly 17% on its first day of trading on the Hong Kong Stock Exchange, closing at HK$18 per share. (Science and Technology Treasure Broadcast)
Hong Kong Stock Exchange: Average daily turnover in the first half of 2026 increased by 18% compared to the same period last year.
PANews reported on July 7th that, according to a report by Cailian Press, the Hong Kong Stock Exchange announced that the average daily turnover in the first half of 2026 was HK$283 billion, an increase of 18% compared to HK$240.2 billion in the same period last year; the average daily turnover of exchange-traded funds (ETFs) was HK$39.6 billion, an increase of 17% compared to HK$33.8 billion in the same period last year; and the average daily turnover of leveraged and inverse products was HK$8.8 billion, an increase of 110% compared to HK$4.2 billion in the same period last year. The average daily turnover in June 2026 was HK$319.1 billion, an increase of 9% compared to HK$292.9 billion in the previous month and an increase of 39% compared to HK$230.2 billion in the same period last year.
Hong Kong Stocks Midday Review: Hang Seng Index down 0.42%, Samsung concerns drag down memory semiconductors.
Mars Finance reported on July 7th that Hong Kong's three major stock indices rose in the morning but then continued to decline. By midday, the Hang Seng Index and the H-share Index were both down 0.42%, while the Hang Seng Tech Index fell 0.28%. The performance of heavyweight tech stocks, which had been rebounding , long. Kuaishou plummeted over 9%, JD.com fell over 1%, Meituan rose over 4%, and Tencent rose nearly 3%. Samsung's surged profits could not mask underlying concerns, leading to a sharp decline in memory semiconductor stocks. Southern Securities' double- long positions in Hynix and Samsung Electronics both plummeted over 19%, Montage Technology fell over 10%, and GigaDevice fell over 8%. PCB concept stocks, gold stocks, and photovoltaic stocks all fell; mobile game stocks and AI application concept stocks bucked the trend and were active. (TechStock Treasure Broadcast)