June 26, Thursday

High-Level Voices: 
Trump stated that China can continue to purchase oil from Iran and hopes China will also buy large amounts of oil from the U.S. The Ministry of Foreign Affairs responded that China will take reasonable energy security measures based on its national interests.

Overall Sentiment: 
Trump's remarks about China continuing to buy oil were mainly to highlight that Iran has not blocked the strait.
Yesterday, the market was ignited by news that a big security company in Hong Kong can directly purchase cryptocurrencies, leading to a surge in H-share brokers, which then spread to A-share brokers and A-share insurance stocks. Trading volume also reached a new level. Brokerage stocks are often seen as a bellwether for market trends, and their surge is typically viewed as a leading indicator of a bull market. It's expected that other brokers' Hong Kong branches will soon apply for license upgrades to trade cryptocurrencies as well.