WTI crude fell below $68/bbl, down 2.72% on the day.

In June the Asset Management Association of China (AMAC) convened leading quantitative private fund managers to review AUM and year‑on‑year changes, research and trading headcount and allocation, strategy features and evolution, compliance and industry risks. Participants discussed flagship strategy capacity limits and differentiated measures to address factor homogeneity, and recent YTD operational changes. Risk sessions covered use of leverage tools — direct market access (DMA) and total‑return swaps — reported leverage multiples, funds’ stress‑testing and risk‑control frameworks, and liquidity risk from crowded/homogenous trading.

BYD's special adviser for the European market said the company is seeking brownfield investment opportunities in Europe, with Spain identified as a potential location.