Futu News reported on June 18 that the 618 shopping festival boosted e-commerce stocks in the US. Ali rose more than 5%, Jingdong rose 4.87%, and Pinduoduo rose 3.18%.
Market source: Futu Securities
The gains in US stocks expanded, with the NASDAQ rising 2%, the Dow up 1.5%, and the S&P 500 rising 1.37%. China securities, technology stocks, and chip stocks generally rose. Other Chinese securities firms generally rose, with Baidu rising more than 4%, Bilibili rising 5%, and NIO Auto rising 2.5%.
Market source: Futu Securities
The European STOXX50 index rose more than 2%, a new high since May 7.
The rise of the offshore renminbi against the US dollar has increased. It has now risen more than 250 points to 6.9050.