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Time:2026-07-07T23:59:02Z

AI stocks sell off globally as market concentration concerns intensify. Hong Kong property rally shows signs of cooling in H2. Japan's key industries—fiber optics, anime, and nuclear—face diverging fortunes. China pushes ahead with humanoid robot and robotaxi ambitions. SpaceX joins Nasdaq 100 but investor caution lingers.

Hong Kong property rally set to cool as stock headwinds mount

Hong Kong property rally set to cool as stock headwinds mountDespite a string of megadeals, Hong Kong's residential property rally is expected to lose steam in the second half of 2026 as weak stock market conditions weigh on investor sentiment. Meanwhile, analysts highlight a sector that has underperformed the broader market rally this year, with 12 stocks favored to surge. One stock has already rallied 76% year-to-date, with brokerage projecting an additional 83% upside.

Japan's fiber optics, anime, and nuclear power face mixed outlook

Japan's fiber optics, anime, and nuclear power face mixed outlookJapan's Fujikura is pivoting toward fiber-optic demand to recover from a failed expansion. The Japanese anime industry faces rising production costs even as global viewership surges. Meanwhile, spent fuel storage emerges as a critical weak point in Japan's push to revive its nuclear power sector.

AI stocks plunge globally amid market rout and inequality concerns

AI stocks plunge globally amid market rout and inequality concernsAI stocks are tumbling worldwide, dragging broader markets lower as concerns grow over excessive concentration in the sector. Reports highlight that the AI-driven economy is leaving many Americans behind, widening inequality. The U.S. dominates the Global 2000 as AI reshapes the corporate landscape, but overseas markets face even greater AI overexposure risk.

China targets robotaxi and humanoid robot leadership

China targets robotaxi and humanoid robot leadershipChina is pushing to replicate its EV dominance in the robotaxi sector, with industry watchers questioning whether the strategy will succeed. A senior Chinese official announced that humanoid robot output will exceed 100,000 units this year. In Japan, construction firm Shimizu is turning to humanoid robots to address severe labor shortages in the industry.

SpaceX joins Nasdaq 100 amid cautious investor reception

SpaceX joins Nasdaq 100 amid cautious investor receptionSpaceX is set to join the Nasdaq 100 index, marking a milestone for the private space company. Wall Street banks have issued bullish forecasts, but many investors remain cautious about the valuation. Index funds have had limited impact on boosting SpaceX's stock, reflecting broader market skepticism.