FTSE China A50 index futures fell more than 2%.

China’s National Radio and Television Administration (NRTA) Network Audiovisual Department on June 25 issued a Management Notice establishing tiered classification standards for AI-produced micro-dramas. Works with investment of 800,000 yuan or more, or whose main plot involves political, military, diplomatic, national security, united front, ethnic, religious, judicial or public security themes, will be managed as key micro-dramas. Projects with investment between 300,000 yuan (inclusive) and 800,000 yuan and general themes will be classified as ordinary micro-dramas. Projects under 300,000 yuan with general themes will be classified as other micro-dramas. The standard takes effect July 1, 2026.

上海黃金交易所黃金T+D 6月25日（週四）晚盤盤初下跌2.22%報872.86元/克； 上海黃金交易所白銀T+D 6月25日（週四）晚盤盤初下跌0.74%報13820.0元/千克。