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THE LATEST

China, US reached five-point consensus after meeting between Chinese Foreign Minister Wang Yi, US Secretary of State Antony Blinken
Hong Kong stocks stage sharp rally, mainland Chinese securities brokers, property developers surged
UBS raises target price of Xiaomi to HK$20, sees SU7’s market share in China to reach 1.6% by end of 2025
China’s shipping futures hit new record high after Houthi armed group attacked US, Israeli vessels
Tencent’s overseas game recovery overlooked, target price raised to HK$438 – UBS

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DATA: China’s photovoltaic calendered glass production, prices grew fast in May – industry ministry
China’s factory activity returned to expansion for first time in six months, both production, demand back to growth
China’s iron ore futures hit highest since early Mar on expectation of policy support, steelmakers’ restocking
China’s state planner to control crude steel production this year as steel industry struggles
China’s silver futures hit limit-up, gold futures touched new high amid geopolitical tensions, central bank buying
China, US reached five-point consensus after meeting between Chinese Foreign Minister Wang Yi, US Secretary of State Antony Blinken
Chinese steelmakers see “sharp decline” business performance this year, cutting high inventories is top priority – industry association
China’s State Council issued sweeping guideline to promote capital market development, third such guideline in two decades
China’s top securities regulator announced package of measures to boost Hong Kong market
China’s major steel prices head south amid falling material prices, softening sentiment

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