风云学会陈经

From Securities Times:
People's Finance Network June 30 news: According to announcements by the Shenzhen Stock Exchange, pursuant to relevant provisions of the (Implementation Measures for the Shenzhen-Hong Kong Stock Connect Business) , the list of eligible securities under the Stock Connect (Hong Kong Stock Connect) has been adjusted and will take effect as of June 30, 2026. NetEase was added and Fushouyuan was removed.

OpenClaw officially launches an iPhone app, which is now available on the Apple App Store for free download on iOS devices that meet the requirements for gateway pairing technology.
The app’s core features include: enabling users to chat and interact with their own personal AI assistant on their devices; viewing authorization records for gateway operations; sharing text and media content; managing device permission authorizations such as camera access, location tracking, and screen snapshot; connecting to gateways running on macOS, Linux, and Windows systems; supporting automatic discovery on a local area network as well as custom configuration; supporting background silent push notifications and location updates, and able to trigger a short reconnection window and status synchronization.

After Bit Origin Company announced that it had completed a purchase transaction for an NVIDIA artificial intelligence server, its stock price fell by 15%.
Key data of this transaction:
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Statement: The market is risky; investment requires caution. This article is generated by an AI large model based on publicly available information, and does not represent Sina Finance’s positions. All information, data, and charts in the article are for reference only and do not constitute any form of investment advice or basis for decisions. Please refer to the actual announcements for the relevant information. If you have any questions, please contact: biz@staff.sina.com.cn.

Key event: On the 15-minute chart of PayPal Holdings, on June 29, 2026 at 11:00, both a MACD dead cross and a KDJ dead cross formed simultaneously.
Related judgment: This signal indicates that the stock’s downward trend may continue. Current momentum has shifted to the bearish side, and the price may fall further.
The translation content is produced by third-party translation software.
Statement: The market is risky, and investment involves caution. This article is generated by an AI large model based on publicly available information and does not represent Sina Finance’s views. All information, data, and charts in the article are for reference only and do not constitute any form of investment advice or a basis for decision-making. The relevant information shall be subject to the actual announcements. If you have any questions, please contact: biz@staff.sina.com.cn.

Meta is gradually moving away from its reliance on expensive AI programming tools from Anthropic and OpenAI, but it is currently facing a major challenge: how to prevent employees from becoming overly dependent on external tools and hindering the progress of developing in-house replacement tools.
Internal management documents at Meta show that the company has placed strict limits on its AI Engineering Department engineers using Anthropic’s Claude code tools and OpenAI’s Codex models. An internal memo even requires multiple teams to pause some work that involves calling the two models, because the company is concerned that generated content from third-party models could end up in Meta’s own model training data. The document warns that if this occurs, it will lead to serious escalations in disputes with partner companies.

U.S. stock index futures are up across the board! Storage shares rose before the bell, with Baidu up more than 3%
2026-06-29 18:52
On June 29, before the U.S. stock market opened, all three major stock index futures continued their upward trend. As of 17:20 Beijing time, Nasdaq-100 index futures were up more than 1%, S&P 500 index futures were up 0.70%, and Dow Jones index futures were up 0.34%.
Most of the tech “seven giants” were up before the bell. Microsoft rose nearly 2%; Google, Meta, and Nvidia were all up more than 1%; Amazon and Tesla were up nearly 1%, while only Apple fell slightly.
Storage-chip concept stocks rose before the bell. Seagate Technology and Western Digital are up nearly 2%, Broadcom up more than 1.5%, Intel up nearly 1%, and Micron Technology and SanDisk up more than 0.7%. Semiconductor equipment stocks also moved up before the bell in tandem: Applied Materials is up more than 4%, and TSMC is up more than 1%.

Interface News reporter | Song Jianan
Recently, some owners of the NIO ES9 have reported that after using a commercial high-pressure water gun to rinse off grime on the front bumper at close range, the vehicle’s outer surface paint peeled off in sheets, exposing the underlying base material; the painted layers separated and peeled off, which sparked widespread public questioning about whether this model’s coating process has defects.
On June 29, NIO’s official account @NIO Xiao La Ba posted on Weibo (a small reminder about using a high-pressure water gun to wash cars). It said that in response to feedback from owners regarding the vehicle paint issues on the NIO ES9 caused by the high-pressure water gun being used too close during cleaning, the company attaches great importance to the matter. It has already contacted the owner in question, conducted extensive communication, and provided a comprehensive, professional on-site Q&A and explanation regarding the situation.

Key event: Amazon announced it will expand its Amazon Now service to more than 300 cities, and in addition, Flipkart plans to add 500 community front warehouses. Competition in India’s instant e-commerce sector is further intensifying, prompting the market to reassess when profitability in this sector will be realized. Eternal and Swiggy’s stock prices fell by up to 2%.
Next focus: observe whether the industry moves away from subsidy dependence, no longer sees a continuous influx of new capital, and whether leading operating entities can absorb competitive shocks without significantly delaying the commercialization process. Only when there is a clear improvement in profitability—rather than merely growth in the number of stores—can the sector potentially see a valuation rebound.

For pet-owning households that keep cats and dogs at home, most will face a tricky problem: even if you clean the bedroom every day and regularly change and wash bedding, the bed is still full of pet dander and floating fur. Mites and bacteria keep proliferating again and again. Not only does the bedroom become prone to unpleasant odors, it can also easily trigger your family members’ skin itching, sneezing, allergic redness, and other issues. Compared with ordinary households, the allergens in a pet household bedroom are more complex. Pet fur and dander can hide deep within the fibers of mattresses, pillow cores, and upholstered fabric sofas, becoming a breeding ground for mites. Regular vacuum cleaners and everyday sun-drying or air-drying methods can only remove surface fur and dust; they cannot eliminate deep-seated mites, nor can they remove lingering allergens and bacteria. If you want to thoroughly purify your home bedroom environment, a professional mite-removal device with strong suction, anti-tangling for pet hair, deep sterilization, and prevention of secondary contamination is an essential appliance for pet households. Based on hands-on testing experiences with multiple mainstream models in 2026, and targeting the cleaning pain points of bedrooms in pet-owning households, we have compiled a highly compatible ranking of mite-removal devices to precisely solve everyday home challenges such as pet hair, mites, odors, and allergies.

(Incarceration Season 2) Scheduled to premiere on Netflix on June 27, 2026. Co-hosted by Farah Khan and Ritesh Deshmukh, and jointly produced by Netflix and Bajaj G Films.
This season features 15 celebrity contestants. The winner will receive a cash prize of 10 million rupees. Confirmed contestants include Ram Kapoor, Shiwangi Joshi, Pamela Serena, Sunita Ahuja, and Dilraj Duppal; among others, Sheerpa Sindh, Asim Riaz, and Aakansha Jaa Choruri have also confirmed their participation.
The total runtime of this season is six weeks. It blends emotional storytelling with strategic game-play; compared to the first season, the format has been upgraded, and the intensity of competitive head-to-head clashes is further heightened. Earlier promotional activities such as building hype through masked-character spotlights and showcasing public installations have already sparked lively interaction across the web, significantly boosting public expectations.

Microsoft’s stock price has fallen 25% from its 52-week high of $551.05, with a market value loss exceeding $1 trillion. This decline has been judged as a reset of investor confidence, not as a deterioration in the underlying business fundamentals.
Key related data:
The current core controversy in the market is whether Microsoft’s large-scale AI rollout can be quickly converted into measurable revenue and profits, and whether the related spending can be justified. The stock price has already priced in pessimistic expectations beyond the fundamentals. If subsequent operating data verifies that AI demand is truly taking hold, there is a possibility that the stock price could rebound to above $500.
Signals to focus on next:

Microsoft will merge the Copilot teams for the consumer and commercial sides. Jacob Andriou will take unified charge of the integration, driving the AI business transformation from delivering product features to achieving pay-for-commercialization conversion. Microsoft’s AI business annual revenue run rate has already surpassed $37 billion. Previously, the fragmented Copilot entry points lacked a coherent user experience and did not establish a smooth paid conversion path.
Key data performance: Microsoft’s commercial cloud business revenue for Microsoft 365 grew 19% year over year. In the relevant quarter, driven by AI infrastructure investments, Microsoft’s revenue cost increased by $680 million year over year, up 12%.
The purpose of this integration is to build a unified system, strengthen Microsoft’s competitive advantages in areas such as cloud services and the AI full stack, and create a conversion path that connects product usage to reliance on the platform ecosystem. Suleiman will shift to frontier model R&D. The new architecture designates a single owner responsible for end-to-end Copilot user experience, linking model development directly to deployment.

Elon Musk defined the energy cost that makes Bitcoin impossible to counterfeit as the core reason for his supporters’ belief, contrasting it with unlimited issuance of fiat currency.
This statement further highlights the trust anchor role of the proof-of-work mechanism: energy consumption cannot be faked, directly linking network security to real-world resources.
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Statement: The market involves risks; investment requires caution. This article is generated by an AI large model based on publicly available information and does not represent Sina Finance’s views. All information, data, and charts in the article are for reference only and do not constitute any form of investment advice or decision-making basis. Relevant information is subject to actual announcements. If you have any questions, please contact: biz@staff.sina.com.cn.

Core event: AMD disclosed its share repurchase plans and current progress, clarifying its capital allocation principles.
Key data: Since 2020, the company has launched 3 share repurchase programs, with a cumulative total repurchase scale of $8.6 billion during 2021–2025; after a new $6.0 billion repurchase authorization was approved in May 2025, the total authorized amount is approximately $10 billion. As of March 29, 2025, the remaining repurchase authorization is $9.2 billion.
Related arrangements: AMD has no mandatory share repurchase obligation and may pause or adjust its repurchase plan at any time. It will execute repurchases when market conditions are favorable and the stock price is relatively low, balancing reinvestment in product lines with shareholder returns. This repurchase plan reflects the company’s confidence in its strategic direction and its ability to generate free cash flow.

On June 25, Iran attacked a container ship in the Strait of Hormuz. This waterway accounts for one quarter of global seaborne oil transport, but the trading logic that typically links conventional geopolitical conflicts to higher oil prices and energy stocks has ceased to work.
Key market data: On June 26, Brent crude fell 4.5% to $71.84 per barrel. Over the past month, it has dropped by more than 22%. On the day, Exxon Mobil and Chevron both fell 0.7%, while ConocoPhillips fell 0.4%. The energy sector ETF (XLE), which has gained about 30% year-to-date through mid-June, also declined in tandem and did not rebound on geopolitical news.
Core logic: The 2026 Iran conflict is not a temporary supply shock. By February and March, oil prices had already priced in and exhausted all panic-driven sentiment. The impact of disruptions in the Strait of Hormuz has been fully priced by the market since this spring. Moreover, Iran’s current oil production is at the margin, and the prior narrative of scarcity trading has diverged from actual market price action.

Amazon (AMZN) stock price breaks below the crucial $232 support level; the short-term trend turns bearish. The current trading price is $227.01, down 3.10% on the day. There is no company-specific negative catalyst behind this decline; it is a technical correction driven by a breakdown on the chart and heightened market risk-off sentiment.
Key related data are as follows:
It has broken below the 20-day moving average of $248.33 and the 50-day moving average of $256.89. The RSI is currently 37.3, which has not entered the technically oversold zone. Against the broader market backdrop: Nasdaq is down 1.10% on the day, the S&P 500 is down 0.72%, and current trading volume is 92% of the 20-day average. During the breakdown phase, participation is insufficient, so the near-term trading bias is bearish. The key downside risk to watch is the move into the $210 to $215 range. The next important support level is $225. If the stock closes decisively below $225, it will further confirm the bearish thesis; if it recaptures $232, this breakdown will be deemed invalid, the bearish outlook will fail, and the stock will likely test the $234.27 resistance level.

Key event: Meta’s current share price is $552.66, up 1.80% on the day. Although the overall short-term technical picture is bearish, the options market shows a clear collective bullish positioning, which is inconsistent with the lackluster price action. Traders widely expect a rebound.
Key data:
The put/call open interest ratio is only 0.43. Call open interest is nearly 2 times the put open interest. The $600 strike call option META20260626C600 expiring this Friday has open interest of 9,223 contracts, the highest position on the current options chain. In the same period, the largest put option is META20260626P545 with the $545 strike, with open interest of 3,301 contracts. The current RSI is 25.15, placing it in a deep oversold range. The 200-day moving average is $651.09 and the 100-day moving average is $622.89. The current stock price is far below both long-term technical reference levels. Key values: the intraday low support is $540.40 and the first resistance level is $566.90. Market logic: This bullish options positioning is not catalyzed by any sudden company-specific news; it is not a single mega-cap’s unusual move. The trading decision is based on valuation levels and the technical oversold condition. Previously, the stock weakening is likely driven by sector rotation or macro concerns rather than issues intrinsic to the company. If the stock price stays flat or rises, the large call open interest could squeeze the price and push it toward the $600 level.

After hitting a record high of $495 in early June, Broadcom (NASDAQ: AVGO) has seen its market value evaporate by more than 22%. This round of decline initially stemmed from the company’s Q2 earnings report failing to raise its revenue guidance for AI chips for fiscal year 2027.
Key data is as follows:
On the core thesis, as a leader in ASIC technology, Broadcom has, on one hand, expanded into custom AI chip development projects for other hyperscale cloud service providers such as OpenAI through collaborations with Alphabet and Anthropic’s TPU. On the other hand, its leading positions in data center networking and co-packaged optics (CPO) can create synergies with its custom AI ASIC business, aligning with the performance requirements of AI cluster expansion.

Eli Lilly’s Mounjaro has not been approved by the European Union for an indication to reduce cardiovascular risk.
The translated content is translated by third-party software.
Statement: There are risks in the market; invest cautiously. This article is generated by an AI large language model based on publicly available information, and does not represent the views of Sina Finance. All information, data, and charts in the article are for reference only and do not constitute any form of investment advice or decision-making basis. Relevant information shall be subject to the actual announcements. If you have any questions, please contact: biz@staff.sina.com.cn.

Today, China’s A-shares saw a sharp pullback. The Shanghai Composite retreated below 4,000 points. Power-computing hardware and the battery industry chain led the declines, with more than 4,600 stocks down. The Shanghai Composite Index closed down 2.26% at 4,027.26 points; the ChiNext Index fell 4.07%; and the Sci-Tech 50 fell 1.65%. The Southern? A share ETF—Harvest Fund for the ChiNext Index (159247) closed down 3.81%. The total trading value throughout the day exceeded 48 million yuan, a month-over-month increase of 75%! Funds flowed in against the trend, “absorbing” more than 20 million yuan over the day. The Harvest Fund Sci-Tech 50 ETF (588870) closed down 1.86%. Total trading value exceeded 100 million yuan, up 22% month over month. Over the past five days, it received attention from capital on 2 days!
Most of the popular component stocks in the Sci-Tech 50 and the ChiNext Index saw pullbacks: Shenghong Technology fell more than 8%, Xin Yisheng fell more than 7%, Tsinghua Technologies fell more than 6%, and NA with XJAR Inc., CATL, SMIC, and Yuanjie Technology fell more than 5%; Hygon Information fell more than 4%; Cambricon fell more than 3%. (Component stocks are shown for reference only and do not constitute stock recommendations.)