工業富聯：預計公司2026年第二季度的淨利潤128億元到138億元，同比上升86%到101%；2026年半年度實現歸屬於母公司所有者的淨利潤234億元到244億元，同比上升93%到101%。

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.

BofA economists say markets largely price a 25bp Bank of Korea hike on July 16, but the central bank’s commentary on won weakness may matter more than the rate move itself. Persistent won depreciation is keeping inflation elevated despite lower oil and repeated official warnings; overseas equity outflows and FX volatility strengthen the case for further policy normalization, though BofA does not treat back-to-back hikes as its base case. Investors will watch for whether the Bank of Korea signals greater concern about rising house prices and leveraged-ETF trading as financial stability risks.