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Boeing (BA.N) CEO: There is still much work to be done, but we are satisfied with the progress. Further investment is needed in new capacity and facilities to continue increasing production.
Boeing (BA.N) CEO: Financial situation is not yet sufficient to support the development of the next generation of aircraft.
On Monday, July 20, the Hang Seng Index closed up 580.81 points, or 2.36%, at 25,143.05; the Hang Seng Tech Index closed up 128.98 points, or 2.79%, at 4,752.15; the H-share Index closed up 245.17 points, or 3.01%, at 8,381.9; and the Red Chip Index closed up 109.76 points, or 2.77%, at 4,073.3.
At the close of trading in Hong Kong stocks, the Hang Seng Index rose 2.36% and the Hang Seng Tech Index rose 2.79%. Sectors such as coal, oil, biopharmaceuticals, and domestic banks led the gains, while sectors such as PCB, power equipment, and brain-computer interfaces declined. Zhipu (02513.HK) closed down 19.56%.
July 20th - As the Iraq War escalates, global transportation fuel shortages worsen, triggering a wider energy crisis, and U.S. gasoline prices have once again broken the $4 per gallon mark. According to the American Automobile Associations daily pricing, the average price of regular unleaded gasoline is $4.003 per gallon, breaking through a price level that is difficult for consumers to afford again after a month.