PRE-MARKET CHINESE STOCK NEWS: Automakers' June sales updates
PBoC injects CNY 288.5bln via 7-day reverse repos with rate maintained at 1.40%
PBoC sets USD/CNY mid-point at 6.8088 vs exp. 6.7929 (prev. 6.8067)
PRE-MARKET CHINESE STOCK NEWS: Automakers' June sales updates
US official said we are hopeful that Iran will come to the table to negotiate seriously, but we are prepared to walk away if they do not, according to a NYP reporter on X
PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Nasdaq led the declines on Wall St amid underperformance in tech and despite the resilience in most Mag-7 stocks, while the tech selling has rolled over into Asia with the KOSPI triggering a sidecar
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BYD (1211 HK) - Co. reported June vehicle sales of 403.5k units versus 382.6k Y/Y. (Newswires)
Casino Stocks - Macau June casino revenue fell 12.1% Y/Y to MOP 18.5bln. (Newswires)
Country Garden (2007 HK) - Co. noted involvement in 20 new litigation and arbitration cases totalling CNY 5.23bln, and recorded a CNY 183mln increase in defaulted debts as of May 31. (Newswires)
Geely Automobile (175 HK) - Co. reported June vehicle sales rose 2% Y/Y to 240.8k units. (Newswires)
Great Wall Motor (2333 HK) - Co. reported June production fell 2.4% Y/Y to 108.1k units. (Newswires)
SAIC Motor (600104 CH) - Co. reported June vehicle sales rose 8.1% Y/Y to 394.8k units. (Newswires)
Seres Group (601127 CH) - Co. H1 vehicle production fell 3.22% Y/Y to 196.1k units, while June vehicle production fell 29.5% Y/Y to 35.6k units. (Newswires)
SSY Group (2005 HK) - Co. received NMPA approval for Methocarbamol Tablets 0.5g. (Newswires)
Tangshan Port Group (601000 CH) - Co. reported June YTD cargo throughput rose 5.2% Y/Y to 125.6mt. (Newswires)
Other News
- China Foreign Minister Wang Yi said the US and China should control risks and stay on course toward a constructive relationship of strategic stability. (Newswires)
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