Daily Investment Strategy
Daily focus ： Real-Time Quote
JD.com (9618): During the 2026 "6.18" shopping festival, JD.com saw a record number of transacting users, with particularly strong demand for its "home delivery" service. However, due to overall weak consumer sentiment, the event did not disclose its Gross Merchandise Volume (GMV) and order volume, reflecting a potential saturation of demand for traditional goods and a shift in consumer focus towards lifestyle services and AI-powered smart products. Fortunately, growth in overseas markets and cross-border business is expected to partially alleviate the pressure of slowing domestic demand.
Five key points were reached in the Iran-US talks
The Iranian negotiating team stated that five key points were reached in the Iran-US talks. To solidify the ceasefire in Lebanon, a monitoring mechanism will be established, in which Iran will participate. Regarding the management of the Strait of Hormuz, a hotline has been established to ensure the gradual reopening of the strait. Iran will only enter the final stage of negotiations after Article 13 of the Iran-US Memorandum of Understanding is implemented. The US has issued a 60-day document lifting sanctions on Iranian oil, petrochemical products, and their derivatives.
Hong Kong Stock Connect saw a net outflow of HK$5.82 billion on Monday. Among them, Kingboard Holdings (00148) saw the largest inflow at HK$3.332 billion, followed by Kingboard Laminates (01888). Yangtze Optical Fibre and Cable (06869) recorded the largest net outflow at HK$2.475 billion, followed by Alibaba Group (09988).
Leung Kai Tong is a SFC licensed person accredited to KGI Group to carry on regulated activities (for details, please refer to https://apps.sfc.hk/publicregWeb/indi/ADU276/details). He and/or his associate do not have any financial interest in the recommended issuer or new listing applicant.
The materials contained herein are provided by KGI Asia Limited ("KGI") for information only. While such materials are based on or derived from sources believed to be reliable, KGI makes no representation or warranty (express or implied) as to their accuracy or reliability. Neither the information nor the opinions expressed herein constitute, or are to be construed as, an offer or invitation or solicitation of an offer to buy or sell any securities or investments. KGI and its officers, employees, agents and affiliates may have interests in the securities or investments covered herein and accept no liability whatsoever for any loss or consequence whatsoever (whether direct or indirect) resulting from any use of or reliance by you on such materials.