PRE-MARKET CHINESE STOCKS NEWS: Chongqing Iron & Steel (1053 HK) noted the resignation of Vice Chairman Song De An, effective June 3rd

Baidu (9888 HK) - Co. CFO expects its chip unit to complete a Hong Kong listing within 2026 and expects healthy AI-driven revenue growth over the next few quarters. (Press interview)

Chery Automobile (9973 HK) - Nissan signed a deal with the Co. to study vehicle production at its Sunderland plant in the UK, with production of Chery vehicles potentially starting in FY27. (FT)

Chongqing Iron & Steel (1053 HK) - Co. noted the resignation of Vice Chairman Song De An, effective June 3. (Newswires)

Jiangling Motors (000550 CH) - Co. reported May vehicle production of 34.9k, up 9.7% Y/Y. (Newswires)

Shanghai International Port Group (600018 CH) - Co. reported May container throughput of 4.8mln TEU, up 3.0% Y/Y. (Newswires)

Autos

China May preliminary retail passenger vehicle sales rose 12% M/M (prev. -15%), while it fell 20% Y/Y. (Newswires)

Other News

China May PPI rise is estimated to accelerate to 3.6% Y/Y, amid factors including a low base effect and imported inflation. (China Securities Daily)