Hong Kong Stock Market Semiconductor Storage Sector Soars, Montage Technology, Huahong Grace Semiconductor Up Over 7%, Leading Big Chip Stock ZZchip Up Over 10%
June 12 – Per market data from Bitget, Hong Kong-listed semiconductor stocks rallied sharply. Semiconductor Manufacturing International Corporation (SMIC, 00981.HK) and Montage Technology (06809.HK) both gained over 7%. Other chip names including Hua Hong Semiconductor (01347.HK), Tianyun Semiconductor (02658.HK), Unisoc (03986.HK), and InnoSilicon (02577.HK) also followed the upward sector trend.
Hong Kong-listed storage concept stocks soared across the board. CSOT (China Star Optoelectronics Technology) jumped more than 19% driven by bullish sentiment toward Samsung Electronics, while another leading storage stock rose over 14% on positive news related to SK Hynix.
Hong Kong large-cap stock Spectrum (02513.HK) surged more than 10% amid the broader market rally in Hong Kong’s stock session.
3 minutes ago
Michael Saylor: He said never to sell your own Bitcoin, never mentioned the company couldn't sell
June 12: Michael Saylor, founder of Strategy, clarified his stance during discussions of the "Strategy Bitcoin Sale" incident.
"My message is straightforward: never sell your own Bitcoin," Saylor stated, emphasizing he never prohibited the company from selling its Bitcoin holdings. "I only meant individual investors should never sell their personal Bitcoin—not that the company can’t."
He added that anyone who has followed Strategy’s earnings calls over the past five years, reviewed its public disclosure documents, or has basic common sense knows the company has always been transparent: it will sell Bitcoin when necessary.
3 minutes ago
「White-Haired Stock God」 Predicts Stock Soaring, NBIS to Be Included in Nasdaq 100
June 12 – U.S. stocks selected by Serenity, widely known as the "White-Haired Stock Guru," posted notable gains on Tuesday. Key performances include:
- NEBIUS (NBIS): Closed up 4.98% in regular trading, then added a 5.94% jump in after-hours trading. A major catalyst for NBIS: The Nasdaq 100 Index announced the results of its June 2026 quarterly adjustments today, and NBIS was included in the index.
- NeuVest Semiconductor (NVTS): Ended the session up 8.34%.
- Aehr Test Systems (AEHR): Closed with a 10.41% increase.
- AXT Inc (AXTI): Rallied 3.72% in regular trading, plus an extra 3.1% gain in after-hours trading.
3 minutes ago
The AVAX Treasury, the treasury entity of Avalanche, has been listed on Nasdaq.
June 12 — The AVAX Treasury Company, operating as Avalanche Treasury, made its Nasdaq debut this Thursday under the ticker symbol AVAT. The firm previously merged with Mountain Lake Acquisition via a special purpose acquisition company (SPAC) in a $675 million transaction. Unlike many crypto-focused treasury entities that only hold AVAX, Avalanche Treasury’s core strategy focuses on actively allocating capital to infrastructure and application projects within the Avalanche ecosystem. It currently holds approximately 15 million AVAX tokens, which accounts for roughly 3.5% of the cryptocurrency’s circulating supply.
3 minutes ago
HashKey Holdings Limited announced a share repurchase plan of up to HK$100 million
On June 12, HashKey Holdings Limited (referred to as “HashKey” or “the Company”; Stock Code: 3887) issued a voluntary statement on June 11, announcing that its board of directors has approved using up to HK$100 million of its own cash (excluding proceeds from the Company’s global offering) to repurchase shares on the open market. This share buyback will align with the share repurchase authorization greenlit at the Company’s annual general meeting held earlier that same day. The repurchase will start immediately once the authorization is confirmed and will run until the close of the Company’s next annual general meeting. All repurchases will strictly adhere to the listing rules of The Stock Exchange of Hong Kong Limited, the Takeovers Code, and the Companies Law of the Cayman Islands.
The Board of Directors notes that this share repurchase demonstrates the Company’s confidence in its business prospects and future growth. The move is not only aimed at creating long-term value for shareh
3 minutes ago
The SEC Aims to Clear the Way for On-Chain Tokenized Stocks, Proposes Repeal of Two Rules under the National Market System Regulation
On June 12, the U.S. Securities and Exchange Commission (SEC) proposed eliminating two key rules under Regulation NMS: Rule 611, the Order Protection Rule, and Rule 610(e), the Locking/Crossing Market Rules.
Rule 611 mandates that trading venues block trades executed at prices inferior to the best displayed prices on other platforms. For decentralized finance (DeFi) participants trading tokenized U.S. stocks, this rule has long been a major structural roadblock: automated market makers (AMMs) cannot comply with the National Best Bid and Offer (NBBO) requirements, which almost always results in so-called “trade-throughs.”
Rule 610(e), meanwhile, requires trading platforms and national securities associations to establish rules preventing members from improperly displaying locked or crossed quotations—measures designed to maintain market order and uphold price integrity.
3 minutes ago
App Store
Profile
Security
Sign Out
Feeds
Articles
Source
Add to Favorites
Download image
Share x
Copy link
