PRE-MARKET CHINESE STOCKS NEWS: China Travel International Investment Hong Kong (308 HK) announced the planned spin-off of HKM Culture and Tourism
PBoC injects CNY 100bln via 7-day reverse repos with rate maintained at 1.40%
PBoC sets USD/CNY mid-point at 6.8349 vs exp. 6.7955 (prev. 6.8397)
PRE-MARKET CHINESE STOCKS NEWS: China Travel International Investment Hong Kong (308 HK) announced the planned spin-off of HKM Culture and Tourism
US deploys USS Nimitz carrier strike group to the Caribbean in a show of force as President Trump pressures Cuba, according to NYT
Australia sells AUD 150mln September 2030 Treasury Indexed Bonds b/c 4.80, avg yield 1.8602%
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Cathay Pacific Airways (293 HK) - Co. reported April load factor of 88.2% vs 92.2% M/M. (Newswires)
Chery Automobile (9973 HK) - Co. expects its foreign EV sales to exceed 1mln units. (Newswires/SCMP)
China Travel International Investment Hong Kong (308 HK) - Co. announced the planned spin-off of HKM Culture and Tourism. (Newswires)
CITIC Securities (6030 HK) - Co. hired Lu Tiangui as president. (Newswires)
Citychamp Watch & Jewellery Group (256 HK) - Co. announced the disposal of Rotary Watch and Jewellery for an estimated gain of at least GBP 5mln. (Newswires)
Singamas Container Holdings (716 HK) - Co. disclosed its CEO has not been served legal process by the US DOJ as of today. (Newswires)
Sinopec Engineering (2386 HK) - Co. proposed a special dividend of RMB 0.094/shr, with an ex-dividend date of June 9th, record date of June 15th and payment scheduled for July 17th. (Newswires)
Other News
China released mineral resources rules and vowed to counter foreign curbs on its mineral supply chain. (Newswires)
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