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On June 12th, the Hong Kong Stock Exchange (HKEX) announced that it will expand the price limits for after-hours trading (T+1) of seven stock index futures contracts from the current ±5% to ±6%. The designated contracts include Hang Seng Index futures, Hang Seng Index Dividend Cumulative Index futures, Hang Seng China Enterprises Index futures, Hang Seng China Enterprises Index Dividend Cumulative Index futures, Hang Seng TECH Index futures, Mini Hang Seng Index futures, and Mini Hang Seng China Enterprises Index futures, but exclude Hang Seng Biotechnology Index futures. On June 11th, the HKEX responded that it reviews and adjusts the price limits for futures products periodically, and currently will not adjust the price limits for Hang Seng Biotechnology Index futures. Regarding the objective of this price limit relaxation, the HKEX also responded that the announcement is merely to notify brokers to participate in relevant drills, and the specific implementation time will be notified separately after regulatory approval. The HKEX believes that the adjustment will help ensure smooth market trading and prevent a sharp drop in liquidity during periods of extreme market volatility.On June 12, Foreign Ministry Spokesperson Lin Jian held a regular press conference. A reporter asked, "French President Macron chaired the Global Convergence for Growth Summit via video link on June 11, and Chinese Vice Premier Zhang Guoqing participated. Could the spokesperson provide further details regarding Chinas participation in this summit?" Spokesperson Lin Jian stated that on June 11, Vice Premier Zhang Guoqing attended and addressed the "Global Convergence for Growth Summit" held in France via video link. Vice Premier Zhang Guoqing pointed out that, facing the current situation, we must prioritize development and promote inclusive growth in the world economy. We must uphold and improve global governance and advance the reform of the international financial system. We must adhere to seeking truth from facts and objectively view the comparative advantages of various countries. We must uphold openness and cooperation and create a free and convenient trade environment.ECB Governing Council member Koch said the ECB will consider further interest rate hikes or keeping rates unchanged in the coming months.On June 12th, according to Qichacha APP, Beijing Yunrui Changshi Technology Co., Ltd. was recently established, with Cai Qiang as the legal representative and a registered capital of 1.6 billion yuan. Its business scope includes: information technology consulting services; non-residential real estate leasing; property management, etc. Qichachas equity penetration analysis shows that the company is wholly owned by Beijing Zitiao Network Technology Co., Ltd., an affiliate of ByteDance.New York gold futures fell 1.00% on the day, currently trading at $4,191.20 per ounce.

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