Germany's economy ministry says it will deepen cooperation with Canada to build a high-performance, resilient semiconductor ecosystem.

China’s A-share market closed the first half with the ChiNext Index at a record high. At the close the Shanghai Composite was up 0.5%, the Shenzhen Composite up 2.48% and the ChiNext Index up 2.99%. YTD returns: ChiNext +35.77% (record), Shenzhen Composite +19.94%, Shanghai Composite +3.16%. Tech names led: Lianxun Instruments closed at 2,322.33 yuan, up over 2,700% since its IPO three months ago; Yuanjie Technology +326.02% YTD; Cambricon +>75% YTD, entering the trillion-yuan market‑cap club; Zhongji Xuchuang ~+110% YTD.

Japan 40-year government bond yield rose 6bps to 3.765%. Japan 30-year government bond yield rose 7bps to 3.9%.