‧ U.S. Market

The U.S. market closed with the Dow Jones Industrial Average up by 81 points or 0.2%, at 39,935 points; the S&P 500 turned down by 0.51%, at 5,399 points; 

the Nasdaq retreated by 0.93%, at 17,181 points; the Golden Dragon Index, reflecting the performance of Chinese concept stocks, fell back by 0.68%.

‧ Hong Kong Market

The Hang Seng Index closed down by 306 points, at 17,0004 points. The total turnover for the day increased to over 105.7 billion yuan. The Technology Index fell by 2%, closing at 3,421 points.

‧ Mainland Market

The Shanghai Composite Index closed at 2,886 points, down by 15 points or 0.52%, with a turnover of 273.282 billion yuan. 

The Shenzhen Component Index closed at 8,474 points, down by 18 points or 0.22%, with a turnover of 315.345 billion yuan. The CSI 300 Index was at 3,399 points, down by 18 points or 0.55%;

 the ChiNext Index was at 1,644 points, down by 6 points or 0.39%.

(2) Economic News

‧ Hong Kong's export growth narrowed last month, missing expectations. In June, Hong Kong's exports grew by 10.7% year-on-year, reversing the trend of gradually expanding growth over the past three months. 

The import growth rate slightly narrowed to 9% year-on-year, higher than the market's expected 4.1%. The trade deficit significantly expanded to 55.7 billion yuan, far exceeding market expectations. In the first half of the year, Hong Kong's total exports increased by 12.2%, and imports increased by 7.7%, with a trade deficit of 161 billion yuan.

‧ A global technology market research institution stated that in the second quarter of this year, the mainland's smartphone market further recovered, with shipments growing by 10% year-on-year.

 Vivo's shipments grew by 15% year-on-year, returning to the top of the Chinese market; Huawei's growth has slightly slowed down, and Apple's shipments have dropped to the sixth place.

‧ The Macau Gaming Inspection and Coordination Bureau recently conducted special inspections and special audit actions on entertainment venues, discovering suspected illegal intermediary businesses.

(3) News from Shareholding Companies

‧ HSBC's Hong Kong Wealth Management and Personal Banking Business, Unsecured Loans and Card Business Director, Chow Chan Yin, said that in the first quarter, the bank's credit card consumption 

recorded double-digit growth, with overseas consumption being an important growth driver, with related consumption recording a double-digit increase. Local consumption also saw single-digit growth, 

mainly in categories such as personal health care, medical consumption, and catering, and remains optimistic about business growth.

‧ Hong Kong Exchanges and Clearing (00388) Deputy Chief Executive Officer, Yao Jia Ren, said that technological progress supports the arrangement of opening the market under adverse weather conditions. 

He believes that with further expansion of interconnectivity and reform of the listing mechanism, more different technology companies will be introduced to list in Hong Kong.