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Morning Briefing: Top stories from The Straits Times on June 29, 2026
https://str.sg/fJBA3
#HKMarketUpdate
<Full-day Takeaway>HSI Up 354 pts; HSTI Up 137 pts; MEITUAN Up over 5%; BABA Up over 3%; WUXI APPTEC, HUA HONG GRACE Hit New Highs; Market Turnover Rises
2026/06/29 16:12 GMT+08

https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1531060/top-news/AAFN
#HKMarketUpdate
<H Shrs>HSI Ticks Up 354 pts to Reclaim 23,000; NTES-S, SMIC Jump 6%; LENOVO GROUP Slumps 9% AASTOCKS Financial News - Top News
2026/06/29 16:27 GMT+08

https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1531082/top-news/AAFN
#HKMarketUpdate
China, HK stocks rise as healthcare, consumer and chip shares gain
Jun 29, 2026, 16:48 GMT+8

China and Hong Kong stocks rose on Monday, led by healthcare, consumer and chip shares, as investors broadened their exposure beyond AI supply-chain names.

** China's blue-chip CSI300 Index 3399300 and the Shanghai Composite Index 000001 closed 1.2% up each. Hong Kong's benchmark Hang Seng HSI was up 1.6%.

** The shift aligns with global markets where investors expanded their positions beyond AI as they took profits from a sharp rally in memory chips this year.

** Onshore consumer staple shares 0000932 rallied 3.4% in their largest gain in five months, while the CSI300 Healthcare Index (.CSI000913) surged 6.3%, its biggest rise since October 2024.

** The tech-focused STAR 50 Index 0000688 jumped 4.6%, led by semiconductor and chip-equipment shares, as investors bet the upcoming market debut of leading Chinese memory-chip maker CXMT would boost local chipmakers.

** Reuters reported after onshore market close that CXMT signed a long-term supply agreement with Tencent Holdings 700 worth more than 20 billion yuan.

** Tech giants listed in Hong Kong HHSTECH, which had underperformed onshore tech names due to a lack of hardware stocks, rebounded from their lowest points since January 2025, rising 3.2%.

** Shares related to China's low-altitude airspace broadly fell on concerns that a small aircraft crash in Beijing last week may trigger tighter control of the space.

** CITIC Offshore Helicopter shares 000099 fell 4%, while Zongsen Power Machinery 001696 slid 7.7%.

** Shares of Shanghai MicroPort MedBot 2252 jumped nearly 8% on a breakthrough in core product installation.

** China's central bank launched overnight reverse repo operations, a move markets interpreted as deepening its control over liquidity conditions.

https://www.tradingview.com/news/reuters.com,2026:newsml_L1N43106Z:0-china-hk-stocks-rise-as-healthcare-consumer-and-chip-shares-gain/
#SgMarketUpdate
Singapore stocks close higher amid mixed regional showing; STI up 0.3%

Singapore stocks ended higher on Monday (Jun 29) amid a mixed showing in Asian markets.

The benchmark Straits Times Index (STI) gained 0.3 per cent or 17.02 points to finish at 5,208.75.

DFI Retail Group : D01 +2.98% led the gainers on Singapore’s blue-chip index, rising 3 per cent or US$0.11 to US$3.80.

The worst performer among STI constituents was Yangzijiang Shipbuilding : BS6 -2.57%, which fell 2.6 per cent or S$0.09 to S$3.41.

The three local banks ended higher. DBS : D05 +0.92% gained 0.9 per cent or S$0.60 to S$66.03, OCBC : O39 +0.08% rose 0.1 per cent or S$0.02 to S$24.88, and UOB : U11 +0.25% was up 0.3 per cent or S$0.10 at S$39.90...

Across the broader market, gainers edged out losers 365 to 211, after 1.3 billion securities worth S$1.5 billion changed hands.
Key regional indices were mixed.

Hong Kong’s Hang Seng Index gained 1.6 per cent and Japan’s Nikkei 225 rose 0.2 per cent. Meanwhile, South Korea’s Kospi was down 0.2 per cent and the FTSE Bursa Malaysia KLCI declined 0.1 per cent...

https://www.businesstimes.com.sg/companies-markets/singapore-stocks-close-higher-amid-mixed-regional-showing-sti-0-3