China's Sci‑Tech Innovation Board 50 (STAR 50) rose more than 3%, led by Zhongbaiwei Storage, which gained over 12%, Zhongke Feice up more than 8%, and Zhongwei Company up about 6%.

MORGAN STANLEY expects TTF gas at about EUR50/MWh in 3Q26 and about EUR60/MWh in 4Q26.

At China Merchants Bank’s shareholder meeting in Shenzhen on June 25, party secretary and president nominee Wang Xiaoqing outlined four strategic priorities. First, stay customer‑centric and adhere to a long‑term approach, avoiding short‑term profit‑seeking or opportunistic revenue grabs. Second, prioritize asset quality, operate within capability limits, and avoid swapping tomorrow’s non‑performing loans for today’s revenue. Third, keep retail banking as the core franchise; despite market challenges, wealth‑management‑led retail remains CMB’s strategic focus and ballast. Fourth, continue to increase technology investment.