Forwarded from The Business Times
World Cup lull could be investors’ chance to score SGX stocks: DBS
The brokerage said the global football tournament has historically coincided with weaker trading activity on the Singapore Exchange (SGX), creating opportunities to accumulate shares ahead of a rebound in market participation.
https://bt.sg/angi
The brokerage said the global football tournament has historically coincided with weaker trading activity on the Singapore Exchange (SGX), creating opportunities to accumulate shares ahead of a rebound in market participation.
https://bt.sg/angi
Evening Update: Today’s headlines from The Straits Times on June 7, 2026
https://str.sg/vaLc
https://youtube.com/shorts/Zs_5td85ycs?si=BIP0rVgzNCErFRzl
https://str.sg/vaLc
https://youtube.com/shorts/Zs_5td85ycs?si=BIP0rVgzNCErFRzl
The Straits Times
Evening Update: Today’s headlines from The Straits Times on June 7, 2026
You are reading the Evening Update newsletter. Get up to speed with the important stories from the day. Subscribe to our newsletter. Read more at straitstimes.com.
What happened in China this week:
1. China just toppled Nvidia in robotics. Spirit AI's Spirit v1.6 topped the RoboArena global leaderboard, beating Nvidia's Cosmos 3.
2. And it's not just Spirit AI. Manifold AI, AgiBot, and DexForce now lead global rankings in world modelling, robotic perception, and training-data generation. The whole stack.
3. PCBs are hot right now. Victory Giant is up 75% from its IPO price, and competitor WUS Printed Circuit is lining up to list in HK next.
4. Silvercorp mines silver at a lower all-in sustaining cost than the global industry average, meaning it stays profitable even when prices dip. It's listing in HK to fund international expansion.
5. Soochow Securities is buying Donghai Securities in an 11.5 billion yuan deal, combining two state-owned Jiangsu brokerages into one bigger regional champion. China's brokerage consolidation march continues.
6. In the land of Toyotas and Hondas, Chery dares to sell cars in Japan. Smart about it too, going in under a separate brand, through Japanese dealers, targeting the popular kei car segment. Will the Japanese actually buy one?
For deeper insights, read more [Premium]: https://growthdragons.substack.com/p/growth-dragons-weekly-china-beats-bd3
1. China just toppled Nvidia in robotics. Spirit AI's Spirit v1.6 topped the RoboArena global leaderboard, beating Nvidia's Cosmos 3.
2. And it's not just Spirit AI. Manifold AI, AgiBot, and DexForce now lead global rankings in world modelling, robotic perception, and training-data generation. The whole stack.
3. PCBs are hot right now. Victory Giant is up 75% from its IPO price, and competitor WUS Printed Circuit is lining up to list in HK next.
4. Silvercorp mines silver at a lower all-in sustaining cost than the global industry average, meaning it stays profitable even when prices dip. It's listing in HK to fund international expansion.
5. Soochow Securities is buying Donghai Securities in an 11.5 billion yuan deal, combining two state-owned Jiangsu brokerages into one bigger regional champion. China's brokerage consolidation march continues.
6. In the land of Toyotas and Hondas, Chery dares to sell cars in Japan. Smart about it too, going in under a separate brand, through Japanese dealers, targeting the popular kei car segment. Will the Japanese actually buy one?
For deeper insights, read more [Premium]: https://growthdragons.substack.com/p/growth-dragons-weekly-china-beats-bd3
Substack
Growth Dragons Weekly: China Beats Nvidia in Robots, a Miner and PCB Maker IPO, Brokers Consolidate, and a Chery's Bold Move in…
What happened in China this week:
The software ETF surged 13% in the past month, sparking the question on every investor's mind: have software stocks been punished enough and finally bottomed?
The answer is yes and no. For some, you might still be too early. Read more: https://finbiteinsights.substack.com/p/is-the-software-stock-rebound-here
The answer is yes and no. For some, you might still be too early. Read more: https://finbiteinsights.substack.com/p/is-the-software-stock-rebound-here
Substack
Is the Software Stock Rebound Here?
Software stocks have taken a beating since AI took off.
If you're invested in Hang Seng Tech, you're probably lamenting its 11% drop this year while AI stocks rally everywhere else. But it's a Hong Kong problem, not a China one. China's AI hardware plays (GPUs, AI chips, optical) chose to list in Shanghai and Shenzhen instead. So stop thinking HK tech is representative of China tech. Here's why: https://growthdragons.substack.com/p/hong-kong-tech-lots-of-old-tech-not
Substack
Hong Kong Tech: Lots of Old Tech, Not Enough AI
Hong Kong is behind in the AI race, at least when it comes to giving investors exposure to it.
Family of late Creative Technology founder Sim Wong Hoo donates $385,000 to ST pocket money fund
https://sg.news.yahoo.com/family-creative-technology-founder-sim-083900302.html
https://sg.news.yahoo.com/family-creative-technology-founder-sim-083900302.html
Yahoo News
Family of late Creative Technology founder Sim Wong Hoo donates $385,000 to ST pocket money fund
SINGAPORE – The family of the late Sim Wong Hoo, one of Singapore’s pioneering tech entrepreneurs, on June 7 donated $385,000 to The Straits Times School Pocket Money Fund.
👍1
#WeekAhead
Stocks reel from a coming rate hike — and brace for a huge IPO: What to watch this week
https://finance.yahoo.com/news/stocks-reel-from-a-coming-rate-hike--and-brace-for-a-huge-ipo-what-to-watch-this-week-114019489.html
#QuarterChart
https://vt.tiktok.com/ZSQ6eBXVN/
Stocks reel from a coming rate hike — and brace for a huge IPO: What to watch this week
https://finance.yahoo.com/news/stocks-reel-from-a-coming-rate-hike--and-brace-for-a-huge-ipo-what-to-watch-this-week-114019489.html
#QuarterChart
https://vt.tiktok.com/ZSQ6eBXVN/
Yahoo Finance
Stocks reel from a coming rate hike — and brace for a huge IPO: What to watch this week
The highly anticipated SpaceX IPO, Oracle earnings, and inflation data will keep investors busy this week.
Yikes! The AI Data Center Build-Out Is Cannibalizing a $1 Trillion Catalyst That's Powered the Trump Bull Market Higher.
https://finance.yahoo.com/markets/stocks/articles/yikes-ai-data-center-build-132600643.html
https://finance.yahoo.com/markets/stocks/articles/yikes-ai-data-center-build-132600643.html
Yahoo Finance
Yikes! The AI Data Center Build-Out Is Cannibalizing a $1 Trillion Catalyst That's Powered the Trump Bull Market Higher.
Although the artificial intelligence (AI) infrastructure build-out is exciting, it comes at a high cost for Wall Street and investors.
Today's stock market leaders are hot — but not 1999 hot: Chart of the Day
https://finance.yahoo.com/markets/article/todays-stock-market-leaders-are-hot--but-not-1999-hot-chart-of-the-day-113852559.html
https://finance.yahoo.com/markets/article/todays-stock-market-leaders-are-hot--but-not-1999-hot-chart-of-the-day-113852559.html
Yahoo Finance
Today's stock market leaders are hot — but not 1999 hot: Chart of the Day
The hottest stocks in today's market are running — history says they are not soaring like dot-com stocks.
US-China Rivalry Is Laid Bare by a Contract to Deepen an Argentine River
https://finance.yahoo.com/economy/policy/articles/us-china-rivalry-laid-bare-113000490.html
https://finance.yahoo.com/economy/policy/articles/us-china-rivalry-laid-bare-113000490.html
Yahoo Finance
US-China Rivalry Is Laid Bare by a Contract to Deepen an Argentine River
(Bloomberg) -- A government tender in Argentina underscored tensions between Washington and Beijing in Latin America as President Javier Milei’s administration awarded a 25-year contract to upgrade a key trade artery to a venture with a history of ties to…
ECB Steps Up as G7’s Lead Hawk With Interest-Rate Hike Primed
https://finance.yahoo.com/economy/policy/articles/ecb-steps-g7-lead-hawk-112220637.html
https://finance.yahoo.com/economy/policy/articles/ecb-steps-g7-lead-hawk-112220637.html
Yahoo Finance
ECB Steps Up as G7’s Lead Hawk With Interest-Rate Hike Primed
(Bloomberg) -- A euro-zone interest-rate hike in the coming week is set to place the European Central Bank at the vanguard of global tightening caused by the Iran war. Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump…
Down 20%, Should You Buy Broadcom Stock on the Dip? The Answer Might Surprise You.
https://finance.yahoo.com/markets/stocks/articles/down-20-buy-broadcom-stock-095900403.html
https://finance.yahoo.com/markets/stocks/articles/down-20-buy-broadcom-stock-095900403.html
Yahoo Finance
Down 20%, Should You Buy Broadcom Stock on the Dip? The Answer Might Surprise You.
Investors are growing nervous about the sustainability of the artificial intelligence spending boom.
#WeekAhead
What to Expect in Markets This Week: May CPI Report, Updates from Tech Giants
https://finance.yahoo.com/economy/policy/articles/expect-markets-week-may-cpi-100000127.html
#QuarterChart
https://vt.tiktok.com/ZSQ6eBXVN/
What to Expect in Markets This Week: May CPI Report, Updates from Tech Giants
https://finance.yahoo.com/economy/policy/articles/expect-markets-week-may-cpi-100000127.html
#QuarterChart
https://vt.tiktok.com/ZSQ6eBXVN/
Yahoo Finance
What to Expect in Markets This Week: May CPI Report, Updates from Tech Giants
Apple is expected to release a new iteration of Siri, Adobe Reports and SpaceX may IPO this week.
While You Were Sleeping: 5 stories you might have missed, June 8, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-8-2026
https://vt.tiktok.com/ZSQ6dMwqu/
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-8-2026
https://vt.tiktok.com/ZSQ6dMwqu/
The Straits Times
While You Were Sleeping: 5 stories you might have missed, June 8, 2026
While You Were Sleeping: 5 stories you might have missed, June 8, 2026. Read more at straitstimes.com. Read more at straitstimes.com.
#HKMarketUpdate
China, Hong Kong stocks close at two-month lows; investors see buying opportunity
Jun 8, 2026, 16:55 GMT+8
Key points:
China stock benchmarks hit lowest levels since April
Tech and semiconductor supply chain names fall, tracking global chip rout
Investors view pullback as buying opportunity after March Iran war selloff proved short-lived
China and Hong Kong stocks ended at their lowest levels in two months on Monday, tracking a global tech sell-off that some investors said could present a buying opportunity.
https://www.tradingview.com/news/reuters.com,2026:newsml_L1N42G08D:0-china-hong-kong-stocks-close-at-two-month-lows-investors-see-buying-opportunity/
China, Hong Kong stocks close at two-month lows; investors see buying opportunity
Jun 8, 2026, 16:55 GMT+8
Key points:
China stock benchmarks hit lowest levels since April
Tech and semiconductor supply chain names fall, tracking global chip rout
Investors view pullback as buying opportunity after March Iran war selloff proved short-lived
China and Hong Kong stocks ended at their lowest levels in two months on Monday, tracking a global tech sell-off that some investors said could present a buying opportunity.
https://www.tradingview.com/news/reuters.com,2026:newsml_L1N42G08D:0-china-hong-kong-stocks-close-at-two-month-lows-investors-see-buying-opportunity/
Banks lay groundwork for mass workforce cuts as AI takes hold
https://www.businesstimes.com.sg/companies-markets/banking-finance/banks-lay-groundwork-mass-workforce-cuts-ai-takes-hold
https://www.businesstimes.com.sg/companies-markets/banking-finance/banks-lay-groundwork-mass-workforce-cuts-ai-takes-hold
The Business Times
Banks lay groundwork for mass workforce cuts as AI takes hold
Recent comments by CEOs leave industry workers dazed about whether their jobs are safe Read more at The Business Times.
Nasdaq-100 advances into uncharted territory
https://www.businesstimes.com.sg/companies-markets/nasdaq-100-advances-uncharted-territory
https://www.businesstimes.com.sg/companies-markets/nasdaq-100-advances-uncharted-territory
The Business Times
Nasdaq-100 advances into uncharted territory
As at Jun 4, the Nasdaq-100 continued its remarkable advance, reaching an all-time high at 30,762 before closing at about 30,407. Read more at The Business Times.
DBS Research and UOBKH eye Singtel, Venture as top picks for June https://bt.sg/q73E
The Business Times
DBS Research and UOBKH eye Singtel, Venture as top picks for June
Singtel’s 18% drop from a March peak is an ‘opportunity to add’, while Venture’s revenue may be boosted by AI Read more at The Business Times.
China car sales downturn extends into May as Volkswagen tests EV revamp
https://www.businesstimes.com.sg/companies-markets/transport-logistics/china-car-sales-downturn-extends-may-volkswagen-tests-ev-revamp
https://www.businesstimes.com.sg/companies-markets/transport-logistics/china-car-sales-downturn-extends-may-volkswagen-tests-ev-revamp
The Business Times
China car sales downturn extends into May as Volkswagen tests EV revamp
Exports grow 75.1% but the increase isn’t enough to counter the domestic slump Read more at The Business Times.
What is ‘strategic autonomy’ – and why is everyone suddenly reaching for it?
https://www.businesstimes.com.sg/opinion-features/what-strategic-autonomy-and-why-everyone-suddenly-reaching-it
https://www.businesstimes.com.sg/opinion-features/what-strategic-autonomy-and-why-everyone-suddenly-reaching-it
The Business Times
What is ‘strategic autonomy’ – and why is everyone suddenly reaching for it?
Countries are staying within US-led security and economic orders, but want wiggle room in their participation Read more at The Business Times.