【Zhenzhuo Hong Kong Stock Experts】US stocks performed well on Monday, and NetEase's (09999.HK) new game "Forgotten Sea" will enter public beta in July.
Hong Kong Stock Market Trends and Analysis
U.S. stocks performed well on Monday, with a strong rebound in the tech sector leading the market higher, and all three major indices closed up. The U.S. dollar fluctuated and declined, the yield on the U.S. 10-year Treasury note rose to 4.37%, gold prices remained under pressure, while oil prices stabilized with fluctuations. Hong Kong's depositary receipts performed steadily, and the market is expected to lack a clear direction in early trading. Mainland Chinese markets opened lower and closed higher yesterday, with the Shanghai and Shenzhen indices rising about 1.2%, and the combined turnover of the two markets continued to exceed three trillion yuan. Hong Kong stocks recovered from their lows yesterday, with the Hang Seng Index opening higher and fluctuating upwards, reclaiming the 23,000-point level, and overall turnover remained active. Blue-chip stocks generally performed well, with tech and internet stocks being the main drivers of the rally, pharmaceutical stocks showing strong momentum, while financial stocks had mixed performances. Supported by positive external sentiment, the market exhibited a technical rebound trend, with resistance around 23,500 points and support near 22,500 points.
Sector News
NetEase (09999.HK) announced that it is actively preparing to fully comply with Hong Kong's listing rules applicable to dual primary listing issuers, officially becoming a dual primary listed company on the Hong Kong Stock Exchange. According to a previous announcement, NetEase received notice from the Exchange that 55% or more of its global total transaction value in the 2025 fiscal year was conducted on the Exchange's market, meeting the conditions for the permanent transfer of most transactions to Hong Kong, and therefore chose to complete the conversion ahead of schedule. The core benefit of a dual primary listing company lies in its eligibility for inclusion in the Stock Connect program, and some analysts believe it could be included in the Hong Kong Stock Connect ahead of schedule. Furthermore, NetEase's "Forgotten Sea" held a public beta preview livestream, announcing that the PC version will begin public beta testing in early July, and the mobile version will also launch in July. NetEase's new game has driven performance beyond expectations, and its successful inclusion as a Stock Connect target helps attract more mainland capital. Both factors have a positive impact on NetEase's future market performance.
Harbor Family Office Business Development Director, Guo Jiayao, CFA
Date: Tuesday, June 30, 2026
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