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Caixin Global
Caixin Global

The Week Ahead: Xi Visits North Korea; SpaceX Sets for IPO

June 8: Hang Seng indexes adjustment takes effect

The latest adjustments to the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng Tech Index and Hang Seng Composite Index take effect. Notably, Chinese artificial intelligence leaders MiniMax and Zhipu will join the Hang Seng Tech Index, addressing its previous lack of pure AI-chip and hard-tech stocks.

June 8: Xi visits North Korea

Chinese President Xi Jinping will pay a state visit to North Korea from June 8 to 9 at the invitation of North Korean leader Kim Jong Un.

June 8: Apple holds Worldwide Developers Conference

Apple’s WWDC kicks off at Apple Park in Cupertino, California. Tim Cook will deliver his final keynote address as CEO before transitioning to executive chairman of the board on Sept. 1.

June 10: International infrastructure forum opens

The 17th International Infrastructure Investment and Construction Forum runs in Macao from June 10 to 12. The event will coincide with the 12th China-Latin America and the Caribbean Infrastructure Cooperation Forum, hosted by the Ministry of Commerce.

June 11 to 12: Caixin Summer Summit kick off

The 9th Caixin Summer Summit kicks off in Hong Kong with a focus on the Guangdong-Hong Kong-Macao Greater Bay Area and international financial cooperation. A subsequent session in Hangzhou will run from June 16 to 17 to discuss the Yangtze River Delta’s innovation ecosystem.

June 11 to 13: International Technology Fair opens

The 12th China (Shanghai) International Technology Fair will feature innovations from 22 countries and regions. The event has attracted more than 1,000 participating enterprises for the first time.

June 11 to 16: China-South Asia Expo starts in Kunming

The 10th China-South Asia Expo takes place in Kunming. Trade between China and South Asian countries exceeded $200 billion in 2025, with China now serving as the largest trading partner for Pakistan, Bangladesh, Sri Lanka and the Maldives.

June 12: Cross-border brokerages restrict services

Top cross-border brokerages Tiger Brokers, Longbridge and Futu Holdings will suspend new position openings and deposits for existing client accounts on the Chinese mainland to comply with industry regulations. The platforms will only support selling, closing positions and withdrawals starting June 12.

June 12: SpaceX set for Nasdaq IPO

SpaceX is expected to debut on the Nasdaq under the ticker SPCX in what would be the largest initial public offering in global capital market history. The company aims to raise $75 billion by issuing 555.6 million shares at an estimated $135 each, targeting a valuation of $1.77 trillion.

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