On July 16, the "2026 Sina Global Capital Summit," hosted by Sina Finance, was grandly inaugurated in Hong Kong, China. Themed "Rooted in Hong Kong, With a Global Vision," the summit brought together leading figures from global politics, business, academia, and research for in-depth discussions on critical topics including the trajectory of global capital markets, cross-border capital allocation, and the international expansion of technology firms.

The distinguished roster of participants included senior government officials, international financial institutions, top investment banks, industry leaders, and academic pioneers. The event featured high-level dialogues on new trends in the global financial landscape.

Keiko Kondo, Head of Multi-Asset Investments, Asia Pacific at Schroders, highlighted a significant shift in market expectations. She noted that since the sudden escalation of tensions in the Middle East in March, the market has completely abandoned its earlier anticipation of two to three interest rate cuts by the U.S. Federal Reserve this year. Current market pricing indicates that not only are cuts off the table for the remainder of the year, but there is also approximately a 50% probability of one rate hike. Kondo believes the outlook for interest rates has undergone a fundamental transformation, with actual outcomes potentially moving in any direction, which also implies that market uncertainty is set to increase further.