Real-time News

On June 28th, the Global Chip LOF (Listed Open-Ended Fund) announced that its secondary market trading price was significantly higher than its net asset value per unit, resulting in a substantial premium. Trading in the fund will be suspended from the opening of the market on June 29th, 2026, and will resume at 10:30 AM on the same day. Redemption services will continue as usual during the suspension period.

Musk: Grok 4.5, based on our V9 base model with 1.5 trillion parameters and supplemented with Cursor data during training, is now in internal testing at SpaceX and Tesla.

On June 28th, according to the official WeChat account of Jiangsu News, Jiangsu Province has launched a series of precise and effective policy measures to stabilize the real estate market and further support urban renewal initiatives. At a Jiangsu Provincial Real Estate Investment Briefing held on the afternoon of June 26th, relevant departments explained the relevant policies recently issued by the provincial government to over 110 real estate entrepreneurs. This ever-expanding policy toolbox is rapidly translating into tangible benefits for urban renewal and the real estate market. Regarding policies to stabilize the real estate market, specific measures are proposed from three dimensions: land supply, development and construction, and property sales, within the framework of the "four ones" policy. At the meeting, all 13 prefecture-level cities in the province launched a batch of small, quick, and flexible high-quality land parcels, high-quality existing land parcels held by local state-owned enterprises, and key urban renewal projects.

On June 28, Hong Kong Financial Secretary Paul Chan Mo-po published a blog post stating that Hong Kong is not only an important channel for attracting investment, but also a "key link" for mainland enterprises and products to go global, and a "converter" of standards and rules between technological innovation and the international market. Chan stated that under the national "dual circulation" development strategy, Hong Kong's international advantages can effectively assist mainland enterprises in connecting with the global market. The mainland's outstanding scientific and technological innovation capabilities can be efficiently linked with Hong Kong's international advantages, helping enterprises transform R&D results into overseas orders. At the same time, Hong Kong can introduce long-term international funding for hard-tech companies that require "patient capital," achieving "small-scale, early-stage, and long-term investment," supporting the growth of promising technology companies and emerging and future industries. Furthermore, Hong Kong's developing northern metropolitan area highly aligns with the strong entrepreneurial atmosphere of places like Xi'an, forming a positive cycle of mutual empowerment among education, technology, talent, and industry.

Saudi Foreign Ministry: We strongly condemn Iran's attacks on Kuwait and Bahrain and the threats to the safety and freedom of navigation in the Strait of Hormuz.

Russian Ministry of Defense: In the past 24 hours, we have shot down 590 Ukrainian drones.

Iranian Foreign Minister Araqchi: Israel's withdrawal of troops from Lebanon and cessation of airstrikes against Lebanon are provisions of the interim agreement between Iran and the United States.

Iranian Foreign Minister Araqchi: Our relationship with Iraq is very close.

Iranian Foreign Minister Araqchi: I had a very good meeting with the Iraqi Foreign Minister.

June 28th - According to Saudi media outlet Alhadath: The Iraqi and Iranian foreign ministers held a press conference in Baghdad. The Iraqi Foreign Minister stated that the Iranian Foreign Minister's visit was of great significance. Iran is an important neighbor of Iraq. Iraq has played a crucial role in communication between the US and Iran. He discussed many issues with Araghzi, including bilateral relations and the US-Iran memorandum of understanding. He emphasized the importance of opening the Strait of Hormuz and lifting the maritime blockade. The war and the blockade of the Strait of Hormuz have negatively impacted our economic situation. The closure of the Strait of Hormuz has disrupted Iraq's oil supply. Iraq does not support escalating the war, nor does it support aggression against Iran. The continuation of the war will lead to regional destruction. The region must protect itself.

June 28 (Xinhua) -- According to sources in Manama, Bahrain, the Bahraini Defense Forces Command issued a statement on the 28th saying that Bahrain's air defense system successfully intercepted and destroyed missiles and drones originating from Iran. The statement said that Iran continues to take hostile actions, launching missile and drone attacks against Bahraini civilians. All operational units and forces of the Bahraini Defense Forces are on high alert and fully prepared for defense. The Bahraini Ministry of the Interior issued a statement that day saying that the Iranian attack damaged a residential building in Muharraq province, but caused no deaths. Relevant departments are taking necessary measures on the scene.

On June 28, He Lifeng, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, conducted research in Sichuan Province from June 25 to 28. He Lifeng pointed out the need to strengthen research on key core technologies, accelerate the construction of a modern industrial system, and continuously enhance the driving force of economic development. He stressed the importance of further tapping the potential of foreign trade, fully leveraging the role of the China-Europe Railway Express and the Western Land-Sea New Corridor, better serving the construction of inland open highlands, and promoting high-quality development of foreign trade. He also emphasized the need to coordinate development and security, continuously monitor and effectively prevent and resolve risks in key areas, and effectively safeguard the local economic and financial ecosystem. He Lifeng demanded that relevant departments thoroughly analyze the common situations and practical problems reflected by local governments and enterprises, conduct in-depth analysis to address specific cases and address broader issues, promptly study and reserve relevant policies and measures, and strive to promote sustained and stable economic growth.

June 28 – According to the Korea Times, the South Korean presidential office announced on Sunday that Samsung Electronics and SK Hynix will announce major investment plans at a meeting chaired by President Lee Jae-myung on Monday. The investments will be announced at a briefing held at the Blue House at 2 PM KST (1 PM Beijing time) on Monday, which will introduce the government's "three mega-projects" aimed at achieving balanced regional development. A spokesperson added that the plan is jointly promoted by the trade, technology, transportation, and energy sectors. Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won will attend the event and participate in discussions with other attendees. Industry observers predict that the two chipmakers will invest more than 1,000 trillion won (approximately US$650 billion) over the next 10 years, potentially including the development of a chip industry cluster in the southwestern Honam region. Lee Jae-myung called the investment a "historic achievement" and a policy move that could change the fate of South Korea on Saturday.

Kuwait's imports in the first quarter amounted to 2.73 billion dinars, while its exports totaled 4.5 billion dinars.

EU High Representative for Foreign Affairs and Security Policy Karas: The EU has mobilized €5 million in emergency aid for communities affected by the Venezuelan earthquake.

EU High Representative for Foreign Affairs and Security Policy, Karas: (Regarding the Venezuelan earthquake) The EU's Copernicus satellite system is supporting emergency responders.

Bahrain's Interior Ministry: Some residential buildings were damaged in the Iranian attack, but no deaths were reported.