China retail money-market 7-day annualized yields: Tencent’s Licaitong (current) ranged 0.7110%–1.1730%; WeChat Wallet’s Lingqian Tong ranged 0.9360%–1.0060%; Alipay’s Yu’e Bao ranged 1.0010%–1.0140%.

Shengxin Lithium Energy expects 1H2026 net profit of 10–12 bln yuan, up 218.9%–242.7% YoY.

China NBS data: In June, producer prices for production materials rose 5.5% YoY, contributing about +4.28 ppt to the headline industrial PPI. By sector: mining +16.5% YoY, raw-materials industry +8.6% YoY, processing/manufacturing +3.0% YoY. Consumer goods prices declined 0.9% YoY, subtracting about -0.20 ppt from headline PPI; within consumer goods: food -2.1% YoY, clothing -1.0% YoY, general daily goods -1.0% YoY, durable consumer goods +0.1% YoY.