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4153.23
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73.934
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Real-time News
On June 23, the State Administration for Market Regulation released a list of cases of unconditional approval for mergers of undertakings from June 8 to June 14, 2026. These cases include the acquisition of Anhui Wanwei Group Co., Ltd. by Anhui Conch Group Co., Ltd., and the establishment of a new joint venture between the Saudi Public Investment Fund and Saudi Aramco.On June 23, 2026, the draft of the Financial Law of the Peoples Republic of China was submitted to the 23rd session of the Standing Committee of the 14th National Peoples Congress for its first review. The Financial Law is the fundamental, comprehensive, and overarching law governing my countrys financial sector, positioned as the "1" in the financial legal system, playing a guiding, leading, and regulating role. The laws "N" concerning banking, insurance, and securities, as well as other financial laws and regulations "X," need to be aligned with the basic provisions established by "1," with equal emphasis on legislation and revision, specifically regulating financial activities in each sector. Together, "1+N+X" constructs a scientific, complete, and unified financial legal system. The draft Financial Law adheres to the main themes of strong regulation, risk prevention, and promotion of high-quality development, emphasizing the coordinated development and security, and focusing on resolving legal challenges hindering high-quality financial development.According to Futures News on June 23, as of 09:30 Beijing time, WTI crude oil futures rose 0.43%, while US natural gas futures fell 0.61%.On June 23, the draft revision of the Government Procurement Law was submitted to the 23rd session of the Standing Committee of the 14th National Peoples Congress for its first review. The revision adheres to the leadership of the Party, a problem-oriented approach, the unity of rights and responsibilities, and the principle of seeking progress while maintaining stability. It systematically improves the government procurement system and mechanisms, providing legal guarantees for unifying the basic market rules and regulations and building a unified national market. The draft revision consists of 10 chapters and 104 articles. The main revisions include: adjusting and optimizing the scope of application of the law, strengthening the policy functions of government procurement, enhancing whole-process management, promoting standardized and efficient transaction rules, improving the fair competition mechanism, and strengthening the supervision of power and the system for combating corruption.On June 23, a recent opinion poll in South Korea showed that President Lee Jae-myungs disapproval rating rose to 49.7%, while his approval rating fell to 46.7%. This is the first time since Lee took office last June that his disapproval rating has exceeded his approval rating. The polling agency analyzed that the shortage of votes in local elections is one of the main reasons for the decline in Lees approval rating. Commissioned by the Energy Economics News, the South Korean polling agency Realmeter conducted a survey of 2,517 adults nationwide from June 15 to 19 regarding Lee Jae-myungs governance. The poll results released on June 22 showed that Lees approval rating was 46.7%, a decrease of 4.8 percentage points from the previous week, and the first time it has fallen below 50% in the agencys polls. His disapproval rating was 49.7%, an increase of 5.5 percentage points from the previous week.
