On Monday, June 16, the A-shares opened lower in the morning and then fluctuated upward, with all three major indices turning positive. The ChiNext rose by 0.5%, the oil and gas sector continued to be active, and the stablecoin concept rebounded significantly. The Hong Kong stock market's Hang Seng Index and Hang Seng Tech Index opened lower and fell in the morning, while oil and gas stocks continued to rise. In the bond market, government bond futures rose collectively. Core market trends:

A-shares: As of the time of writing, the Shanghai Composite Index fell by 0.03%, the Shenzhen Component Index rose by 0.22%, and the ChiNext Index rose by 0.49%.

Hong Kong stocks: As of the time of writing, the Hang Seng Index fell by 0.31%, and the Hang Seng Tech Index fell by 0.28%.

Bond market: Government bond futures rose collectively. As of the time of writing, the 30-year main contract rose by 0.19%, the 10-year main contract rose by 0.08%, the 5-year main contract rose by 0.06%, and the 2-year main contract rose by 0.03%.

09:49

Hong Kong stock Pop Mart once fell over 5% during the session, but the decline has narrowed to 2.7%.

09:44

All three major indices of A-shares turned positive, with oil and gas, stablecoins, diversified finance, and gaming sectors leading the gains. More than 3,500 stocks in Shanghai, Shenzhen, and Beijing rose.

09:36

In the morning session, the stablecoin concept in A-shares surged, with Tianyang Technology hitting the daily limit of 20%. Previously, Xiexin Energy Technology achieved two consecutive limits, while Hailian Jinhui, Dongxin Peace, and Hengbao shares also hit the daily limit. Sifang Jingchuang, Feitian Chengxin, Yuanlong Yatu, and Yuyin shares saw significant gains.

In news, Hong Kong's Financial Secretary Paul Chan stated that the "Stablecoin Ordinance" has been passed by the Legislative Council, establishing a licensing system for stablecoin issuers, which will take effect on August 1.

Last Friday, according to an article from Wall Street Insights, retail giant Walmart, tech giant Amazon, online travel giant Expedia, and other large enterprises, including airlines, are discussing the possibility of issuing stablecoins, aiming to save billions of dollars in fees each year while directly challenging the traditional payment system 09:30

Government bond futures opened, with the 30-year main contract up 0.16%, the 10-year main contract up 0.04%, the 5-year main contract up 0.02%, and the 2-year main contract up 0.03%.

09:28

Oil and gas stocks continued to surge, with Zhun Oil Co. and BEIKEN both hitting the limit up for two consecutive days. Xinjin Power rose over 10%, while Keli Co., HAIMO, Tongyuan Petroleum, and CNOOC Development opened higher collectively.

In news, after Israel attacked Iranian energy facilities, crude oil futures continued to rise sharply in early Asian trading on Monday, with institutions predicting that this conflict could push WTI crude oil to $125 per barrel.

09:21

The Hong Kong Hang Seng Index opened down 0.42%. The Hang Seng Tech Index fell 0.61%. The oil and gas sector continued its upward trend, with Shandong Molong rising over 14%. WuXi AppTec fell over 3% as major shareholders placed 82.94 million existing shares. Stablecoin concept stocks became active again, with Lianlian Digital rising over 8%. Large tech stocks mostly declined, with Meituan down over 2%.

09:00

Domestic commodity futures opened, with SC crude oil rising over 7%, palm oil rising over 4%, and fuel oil rising over 3%; caustic soda and container shipping in Europe fell over 1%.

Risk warning and disclaimer

The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not consider individual users' specific investment goals, financial conditions, or needs. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investment based on this is at one's own risk