Real-time News

Hong Kong stocks' two major model stocks fluctuated and declined, with MINIMAX-W (00100.HK) and Zhipu (02513.HK) both falling by more than 6%.

June 9 - According to the website of the China Maritime Safety Administration, the Beihai Maritime Safety Administration issued a navigation warning that military training will be conducted in parts of the Beibu Gulf from 8:00 to 15:00 daily from June 10 to 12, and vessels are prohibited from entering these areas.

Germany's seasonally adjusted industrial production rose 0.4% month-on-month in April, the largest increase since October 2025.

Germany's industrial output, adjusted for working days, fell 0.5% year-on-year in April, compared with a previous reading of -2.80%.

June 9 – On June 9, Chinese President Xi Jinping and Georgian President Dmitry Kavelashvili exchanged congratulatory messages to celebrate the 34th anniversary of the establishment of diplomatic relations between the two countries. Xi Jinping emphasized that regardless of changes in the international situation, China has always viewed China-Georgia relations from a strategic and long-term perspective. He added, “On this occasion, I would like to jointly announce with President Kavelashvili that China-Georgia relations will be upgraded to a comprehensive strategic partnership. I believe this will open up new prospects for the development of China-Georgia relations, write a new chapter in the traditional friendship between the two countries, inject strong impetus into mutually beneficial cooperation, and create more benefits for the people of China and Georgia.”

Germany's seasonally adjusted exports rose 0.9% month-on-month in April, compared with an expected decline of 0.5% and a previous increase of 0.50%.

Germany's seasonally adjusted imports rose 1.2% month-on-month in April, compared with a forecast of -1.8% and a revised previous reading of 5.20% (up from 5.10%).

The South Korean won rose 1% against the US dollar.

The yield on Japan's 30-year government bonds fell 3.5 basis points to 3.9%.

The yield on Japan's 20-year government bond fell 3.0 basis points to 3.605%.

June 9th - According to sources, the Bank of Japan (BOJ) is considering maintaining its current level of government bond purchases starting next fiscal year. However, this decision may not be easy, as opinions within the policy board appear divided. Some members prioritize calming market sentiment, while others believe it's necessary to steadily reduce bond purchases to shrink the central bank's massive balance sheet. At its June meeting, the BOJ will assess its current bond-buying tapering plan (running until March next year) and formulate a new plan for fiscal year 2027 and beyond. Four sources familiar with the central bank's thinking stated that, given the progress already made in reducing its balance sheet, there is currently a stronger internal inclination to pause further tapering. One source indicated that the BOJ actually has the capital to pause tapering, as existing bond maturities alone could significantly reduce its holdings. Three other sources shared similar views. The sources also revealed that the BOJ may abandon its annual tapering plan and instead adopt an open framework, committing to continuous monthly bond purchases of 2.1 trillion yen. In addition to the decision on quantitative tightening, the Bank of Japan plans to raise interest rates at its June meeting, from the current 0.75% to 1.0%, in order to cope with the risk of rising inflation, according to Nikkei.

Sources say the Bank of Japan will continue its current pace of bond purchases into the next fiscal year.

According to Nikkei, the Bank of Japan is considering stopping tapering its bond purchases starting in April 2027.