--- title: "Mourinho's daily review, the Trump controversy has taken a turn and should come to an end." type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/30606004.md" description: "Hello everyone, today the market performance of $Hang Seng Index(00HSI.HK) is very strong, with the overall trend showing a pattern of opening high and moving higher. At the same time, the market has further broken through the June high and set a new temporary high for June at ~24,439 points. The most important thing is that today's market trend is different from yesterday's. Yesterday's trend saw a high point first, then gave back the gains, turning from an increase to a decline. However, I still believe that yesterday's decline was testing the key psychological support level at 24,000 points. Precisely because 24,000 points has clearly established a support level..." datetime: "2025-06-11T14:54:39.000Z" locales: - [en](https://longbridge.com/en/topics/30606004.md) - [zh-CN](https://longbridge.com/zh-CN/topics/30606004.md) - [zh-HK](https://longbridge.com/zh-HK/topics/30606004.md) author: "[摩帥](https://longbridge.com/en/profiles/8782297.md)" --- # Mourinho's daily review, the Trump controversy has taken a turn and should come to an end. Hello everyone, today the market $Hang Seng Index(00HSI.HK) performed very strongly, with the overall pattern showing a high opening and high closing trend. The market further broke through the June high and set a new temporary high for June at **24,439** points. The most important thing is that today's market trend was different from yesterday's. Yesterday, the market first reached a high and then gave back its gains, turning from a rise to a fall. However, I believe yesterday's decline was a test of the psychological barrier at the key support level of **24,000** points. Precisely because **24,000** points have established a strong support level, the market was able to surge to new highs today, especially as the overall market trend entered an upward trajectory with each wave higher than the last. Finally, the market closed near the high at **24,366** points. A slight downside was that today's trading volume did not exceed 250 billion HKD, only reaching 230.3 billion HKD, indicating a slight slowdown in momentum but still remaining above 200 billion HKD. The main reason for today's high opening and high closing was the benefit from the ongoing Sino-US trade talks in London and the strong performance of the three major US stock indices yesterday: $Dow Jones Industrial Average(.DJI.US), $NASDAQ Composite Index(.IXIC.US), and $S&P 500(.SPX.US), which continued to reach new highs. Today's market focus was on the financial sector, as both domestic banks and insurers performed well. Among the blue chips, $CHINA LIFE(02628.HK) hit a new high for the year, while $AIA(01299.HK), one of the heavyweight blue chips, also broke its previous high despite a smaller gain today. Additionally, domestic bank stocks like $CCB(00939.HK), $ICBC(01398.HK), and $CM BANK(03968.HK) all hit new highs today. Beyond this, resource stocks continued yesterday's upward trend, with $CHINAHONGQIAO(01378.HK), the best-performing blue chip today, hitting a new historical high. Other stocks like $ZIJIN MINING(02899.HK), $PETROCHINA(00857.HK), and $CM BANK(03968.HK) also performed well. In contrast, heavyweight tech blue chips like $TENCENT(00700.HK), $BABA-W(09988.HK), $MEITUAN(03690.HK), and $XIAOMI-W(01810.HK) have yet to break this year's highs, so the ATMX group significantly underperformed the market. In addition to the strong performance of domestic insurers and banks, the brokerage sector also performed well, with standout performers like $CMSC(06099.HK), $CICC(03908.HK), and $CITIC SEC(06030.HK). The strong performance of brokerages indicates that capital is optimistic about the gradual transition into a bull market. Additionally, the mobile gaming sector also performed well today, with stocks like $BILIBILI-W(09626.HK), $NTES(09999.HK), and $XD INC(02400.HK) all rising, with Bilibili showing the strongest gains. Finally, as I mentioned in last week's review article, the recent rift between Trump and Elon Musk has dragged down $Tesla(TSLA.US)'s stock price, causing it to fall below $300. However, during today's Hong Kong market close, Musk suddenly posted on X expressing regret over last week's post about Trump, showing his apology to Trump. Driven by this post, $Tesla(TSLA.US)'s after-hours trading turned from a decline to a rise. On the Hong Kong market side, the 2x leveraged US stock ETF issued by CSOP, $XL2CSOPTSLA(07766.HK), surged by over 13% at the end of the session due to this news, proving that this ETF **can quickly react to sudden events and news**. Similarly, the inverse ETF, $XI2CSOPTSLA(07366.HK), plummeted at the end of the session. Therefore, the **Asia's first leveraged and inverse US stock ETFs** issued by CSOP provide investors with more flexible and diversified investment tools, allowing them to seize opportunities in the US stock market and react to sudden events. Investors, especially those trading US stocks, should pay attention to these ETFs. There are also other **leveraged and inverse US stock ETFs**, such as those for $NVIDIA(NVDA.US): $XL2CSOPNVDA(07788.HK) and $XI2CSOPNVDA(07388.HK), as well as for $Coinbase(COIN.US): $XL2CSOPCOIN(07711.HK) and $XI2CSOPCOIN(07311.HK). **Summary** Today's market continued to show a very strong upward trend, led entirely by the traditional financial sector. Since breaking through 24,000 points, the market's rise has been unstoppable, with no signs of a pullback yet. The overall trend is clearly in an upward channel, with the pattern indicating a search for new highs. Therefore, the market in June is well-positioned to break this year's high of **24,874** points and possibly even surpass **25,000** points. If you enjoyed my sharing today, please give it a like 👍♥️ and feel free to share 😊😊. Thank you for your continued support and follow 🙇‍♂️🙇‍♂️. _**The above content is for personal sharing purposes only serves as a reference and does not constitute any investment advice. Investing involves risks, and caution is advised.**_ ### Related Stocks - [07200.HK](https://longbridge.com/en/quote/07200.HK.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [07500.HK](https://longbridge.com/en/quote/07500.HK.md) - [03115.HK](https://longbridge.com/en/quote/03115.HK.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [02628.HK](https://longbridge.com/en/quote/02628.HK.md) - [601628.CN](https://longbridge.com/en/quote/601628.CN.md) - [01299.HK](https://longbridge.com/en/quote/01299.HK.md) - [81299.HK](https://longbridge.com/en/quote/81299.HK.md) - [AAGIY.US](https://longbridge.com/en/quote/AAGIY.US.md) - [00857.HK](https://longbridge.com/en/quote/00857.HK.md) - [601857.CN](https://longbridge.com/en/quote/601857.CN.md) - [03908.HK](https://longbridge.com/en/quote/03908.HK.md) - [601995.CN](https://longbridge.com/en/quote/601995.CN.md) - [02400.HK](https://longbridge.com/en/quote/02400.HK.md) - [00939.HK](https://longbridge.com/en/quote/00939.HK.md) - [601939.CN](https://longbridge.com/en/quote/601939.CN.md) - [CICHY.US](https://longbridge.com/en/quote/CICHY.US.md) - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [80700.HK](https://longbridge.com/en/quote/80700.HK.md) - [HTCD.SG](https://longbridge.com/en/quote/HTCD.SG.md) - [TCEHY.US](https://longbridge.com/en/quote/TCEHY.US.md) - [TCTZF.US](https://longbridge.com/en/quote/TCTZF.US.md)