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The Hang Seng Tech Index continued its upward trend in the morning session, rising more than 4% by midday.On June 29, a spokesperson for the Southern Theater Command issued a statement. Senior Colonel Zhai Shichen, spokesperson for the Southern Theater Command, stated that from June 27 to 28, the Peoples Liberation Army Southern Theater Command organized naval and air forces to conduct routine patrols in the South China Sea. The statement addressed the Philippines efforts to stir up trouble in the South China Sea by rallying external countries to organize so-called "joint patrols," undermining regional peace and stability. The Theater Command will resolutely defend national territorial sovereignty and maritime rights and interests, and firmly safeguard regional peace and stability.June 29th - The newly revised recommended national standard, "Quality of Passenger Services in Public Air Transport," will take effect on July 1st. This standard will help improve the standardization of passenger services in public air transport by guiding and improving service quality. The standard mainly includes three aspects: first, establishing general principles for passenger services in public air transport; second, clarifying the quality requirements for the entire service chain; and third, standardizing specific service content. After its implementation, this standard will help improve the service quality of the entire industry, guide the civil aviation industry to continuously optimize service processes and improve service quality, promote high-quality development of the industry, and continuously enhance the level of civil aviation services, thereby increasing the publics satisfaction and sense of gain in travel.The Hang Seng Index rose over 2% intraday, with CSPC Pharmaceutical Group (01093.HK), Innovent Biologics (01801.HK), and Baidu (09888.HK) leading the gains among constituent stocks. The Hang Seng Tech Index continued its strong performance, currently up 3.5%.On June 29th, Omdia reported that TVs using independent red, green, and blue (RGB) LED chip backlighting technology are expected to account for 13% of global TV market revenue by 2030, a significant increase from 3% in 2026. RGB LED backlighting technology officially entered the retail market in the first quarter of 2026, becoming the latest generation of display technology innovation in the TV industry. The introduction of this technology reflects that, against the backdrop of increasingly homogenized traditional hardware, TV brands are strengthening high-end display technologies to drive product value enhancement and revenue growth.

ETH Fails to Make a Move ahead of Testnet Launch with Powell in Focus

Skylar Shaw

Feb 02, 2023 15:49

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Tuesday, Ethereum (ETH) increased by 1.21%. ETH concluded the month up 32.64% at $1,585, partially correcting a 4.80% decline from Monday.


ETH dropped to a low of $1,561 in the middle of the morning after a mixed morning. The First Major Support Level (S1) around $1,518 was avoided, and ETH climbed to a high of $1,605 in the late afternoon. ETH slipped down to close the day at less than $1,600 after failing to reach the First Major Resistance Level (R1) at $1,631.


Bitcoin (BTC) increased by 1.34% on Tuesday. BTC closed the month up 39.67% to $23,135 after somewhat rebounding a 3.86% decline from Monday. The month of BTC was the greatest since October 2021.


As the day got off to a mixed start, BTC dropped to an early low of $22,730. BTC rose to a late high of $23,297 while avoiding the First Major Support Level (S1) at $22,292. BTC pulled slightly after falling short of the First Major Resistance Level (R1) at $23,577 to conclude the session at $23,135.