• Review of asset classes performance in June - Most ETFs were in the red, with the top loser being the ETF tracking Bitcoin (BITO), which tumbled 20.2%. On the other hand, the only ETF in the green was that of tracking Singapore equities, which rose 3%.
• For their current trends, Singapore equities remain in an uptrend. Meanwhile, the S&P 500 and US Treasury Bonds are in a range consolidation. On the other hand, Gold, Oil, Bitcoin and the Hang Seng Index are in a downtrend.
• Heading into July, we expect the ETFs tracking the S&P 500, US Treasury Bonds, Gold, Oil, Singapore Equities and the Hang Seng Index to consolidate sideways. On the other hand, the ETF tracking Bitcoin is likely to extend its weakness.

Overview BLOKS is a leader in China’s assembly character toys market. The company holds over 500 patents, possesses original IP capabilities, and has non-exclusive licenses for approximately 50 well-known IPs. Its product positioning is “high quality at a reasonable price.” Leveraging its product strength and supply chain advantages, BLOKS maintains cost competitiveness while continuously expanding its product categories. The company has established a multi-channel sales network, and since 2022, has primarily focused on offline channels centered on distributors. According to...
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Company Profile Geely is one of the leading enterprises in China's self-brand passenger vehicles manufacturers. The Company's products include six major brands: Geely, Lynk, Zeekr, covering the A0 to C-class passenger vehicles market. Investment Summary 26Q1 Sales Remained Largely Flat, with Premiumisation Strategy Showing Bright Spots In the first quarter of 2026, Geely Auto delivered a cumulative 709.4 thousand vehicles, up 0.8% yoy, setting a new record high for the same period in history and regaining the top position among...
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