Market review for June 25th.

Overnight gains in the U.S. stock market, Nasdaq hits a new high again. As of the close, Dow Jones futures up 0.95%, Nasdaq futures up 0.69%, S&P 500 futures up 0.58%. Most large technology stocks rose, Tesla up 3.54%, Amazon down 1.56%. Semiconductor stocks rose, Nvidia hit record high, Advanced Micro Devices up 2.72%, Intel up 1.47%, Taiwan Semiconductor up 1.03%, Nvidia up 0.78%.

Today, the main stock indices in Hong Kong opened higher and continued to rise. In the afternoon, the three major indices expanded their gains, with technology stocks performing strongly and all industry sectors thriving. By the close, the Hang Seng Index rose by 1.4% to 29,288 points, the Hang Seng China Enterprises Index rose by 1.88% to 10,878 points, and the Hang Seng TECH Index rose by 2.44% to 8,235 points. On the market, online education stocks led the rebound, while nonferrous metal stocks such as steel and copper showed significant strength. Beer stocks, home appliance stocks, telecommunication stocks, petroleum stocks, and photovoltaic sectors all rose collectively. China Telecom surged over 8%, hitting a 16-month high. Financial stocks (banks, insurance, brokerages) all experienced a general uptrend. Large-cap technology stocks performed well, with Kuaishou surging by 8%, Meituan jumping nearly 5%, and Baidu, Tencent, JD.com, and Alibaba all rising by over 2%.

Pre-market trading in the US: Dow Jones slightly up.

US stock futures rise in pre-market trading, as of the time of writing, Dow Jones futures up 0.27%, Nasdaq futures up 0.11%, S&P 500 futures up 0.08%.

Performance of major ETF products in Hong Kong

• Hang Seng Index up more than 400 points, CSOP CSI 300 Index Daily 2x bullish on Hang Seng, up by nearly 3%.

Hang Seng Index closed up by 1.40% today.CSOP double bull HSI (07200.HK)Closed up by 2.97%, with a trading volume of 0.134 billion Hong Kong dollars,CSOP single bear HSI (07300.HK)Closed down by 1.53%, with a trading volume of 19.89 million Hong Kong dollars,csop hang seng tech index etf (-2x) Closed down by 2.83%, with a trading volume of 0.441 billion Hong Kong dollars.

• Hang Seng Tech Index rose nearly 200 points, while CSOP CSI 300 Index Daily rose nearly 5%.

Hang Seng Tech Index closed up 2.44%.CSOP Hang Seng Tech Index ETF 2x Long (07226.HK)Closed up 4.70%, with a turnover of 87.78 million Hong Kong dollars.Sold short Hang Seng Tech Index with CSOP CSI 300 Index Daily (07552.HK).Closed down 4.41%, with a turnover of 60.5 million Hong Kong dollars.

• Top ten ETFs in terms of market gains in the Hong Kong stock market

The top ten gainers in today's Hong Kong stock market are primarily the double leveraged Hang Seng Tech, and double leveraged CSI 300 related ETFs.

• CSI 300 rose by 1.63%, South double leveraged CSI 300 rose by 3.52%.

CSI 300 closed up 1.63%.CSOP 2x Long SHSZ300 ETF (07233.HK)Closing up 3.52%, with a turnover of 23.15 million Hong Kong dollars.CSOP CSI 300 Index Daily (07333.HK) fell by 1x.It fell by 1.28%, with a turnover of 1.86 million Hong Kong dollars.

Performance of major ETF products in US stocks

The three major indexes of US stocks surged yesterday.ProShares UltraPro 3x Dow Jones 30 (UDOW.US).It rose by nearly 3%.Direxion tripled bullish on the S&P 500 (SPXL.US),Triple long S&P 500 ETF - ProShares (UPRO.US)Closed up about 1.7%.

Today's pre-market, US stock futures are up,ProShares UltraPro 3x Dow 30 (UDOW.US)Pre-market up by 0.60%,Nasdaq Triple Long ETF - ProShares (TQQQ.US)Pre-market trading is up 0.34%.

Regarding US stock ETFs listed on the Hong Kong Stock Exchange,ChinaAMC Direxion Daily CSI 300 Index 2x Bull ETF (07261.HK)Closing up 0.53%, with a turnover of 0.24 million Hong Kong dollars.$FI South Nasdaq (07568.HK)$Closed down 0.67%, with a turnover of 26.12 million Hong Kong dollars.

Performance of energy, precious metals, and other ETFs

• Crude oil futures narrowed their gains, and the two times leveraged crude oil index ETF rose by 0.42% in pre-market trading.

Yesterday,$Crude oil futures main contract(2108)(CLmain.US)$Closed up by 0.07%,$Two times long energy ETF-Direxion(ERX.US)$Closing up 1.72%,United States Crude Oil Fund (USO.US)Closing up 0.24%,Shorting the energy ETF-Direxion (ERY.US) by two timesClosing down nearly 2%.

Today in pre-market trading, WTI crude oil main contract rose 0.19%,Longing the crude oil index ETF-ProShares DJ-UBS twice (UCO.US)Pre-market trading rose 0.42%,United States Crude Oil Fund (USO.US)Pre-market trading is up 0.26%,Proshares ultrashort bloomberg crude oil etf (sco.us)Pre-market trading is down 0.61%.

• Gold main contract slightly up, 2 times long gold etf pre-market trading up 0.87%

Today's pre-market trading, gold main contract up 0.38%,Long gold ETF with double leverage (ProShares) (UGL.US).Pre-market up by 0.87%,SPDR Gold ETF (GLD.US) rose 0.54% yesterday.Pre-market up by 0.52%.

Performance of other ETFs

• Top ten ETFs with gains in the overnight US stock market

The top ten ETFs with the largest overnight gains in the US stock market mainly include semiconductors, biotechnology, regional banks, natural gas, and other related ETFs.

• The semiconductor ETF surged, with the triple long semiconductor ETF rising over 5% yesterday.

Yesterday, NVIDIA hit a new high, rising by 0.78% to a high of $776.80, Advanced Micro Devices rose by 2.72%, and Intel rose by 1.47%.Triple long semiconductor ETF-Direxion Daily (SOXL.US),Closing with a 5.20% increase.$SPDR S&P Semiconductor ETF (XSD.US)$Closed up 2.46%,$Direxion Daily Semiconductor Bear 3x Shares (SOXS.US)$Closed down 5.26%.

Today's pre-market trading,Triple long semiconductor ETF-Direxion Daily (SOXL.US),Pre-market trading up 0.10%,$Direxion Daily Semiconductor Bear 3x Shares (SOXS.US)$Pre-market trading down 0.13%.

• Bullish on China ETFs, triple long on China ETFs pre-market trading surged more than 5%.

Yesterday,$Triple long FTSE China ETF-Direxion (YINN.US)$Closed up nearly 3%,$China Overseas Internet ETF-KraneShares(KWEB.US)$Closed up 2.45%.

Today in pre-market trading,$Triple long FTSE China ETF-Direxion (YINN.US)$up 5.15% in pre-market trading,$KraneShares China Internet ETF (KWEB.US)$up 1.66% in pre-market trading,$China large cap stock ETF-iShares (FXI.US)$up 1.36% in pre-market trading.