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On June 9, Foreign Ministry Spokesperson Lin Jian hosted a regular press conference. A foreign journalist asked, "Taiwan's 'Ministry of Foreign Affairs' stated that on June 8, three South Korean parliamentarians from both the ruling and opposition parties met with the Director-General of Taiwan's 'Ministry of Foreign Affairs,' exchanging views on responding to geopolitical challenges, political, economic, and cultural exchanges, and the development of the semiconductor and AI industries. How does China view this exchange?" Lin Jian emphasized, "Taiwan is part of China, and there is no such thing as a 'Ministry of Foreign Affairs' there." He stressed that China has consistently and firmly opposed any form of official exchanges between countries that have diplomatic relations with China and Taiwan. Lin Jian pointed out that since the beginning of this year, South Korea has publicly reiterated on multiple occasions that its position of respecting the one-China principle remains unchanged. China has lodged a strong protest with South Korea on this matter. We urge South Korea to proceed from the overall interests of China-South Korea relations, honor its commitments, earnestly adhere to the one-China principle, refrain from any form of official exchanges with Taiwan, avoid being exploited by "Taiwan independence" elements, and refrain from sending wrong signals to "Taiwan independence" separatist forces, and take concrete actions to safeguard the healthy and stable development of bilateral relations.

June 9th - While the national rental market is consolidating, first-tier cities are showing a different trend. In May, the average rent for ordinary residential properties in first-tier cities rose 0.16% month-on-month, marking the third consecutive month of increase. Year-on-year, in the first five months of this year, the average rent in first-tier cities ended two consecutive years of adjustment, turning to a slight increase of 0.21%. Beijing, Shanghai, and Shenzhen have become the "leaders" in this round of rental market stabilization. Since the peak rental season began in March, residential rents in these three cities have continued to rise. First-tier cities, relying on high-quality industrial resources and a young working population, are leading the way in stabilizing their rental market fundamentals.

On June 9th, the State Taxation Administration completed its 2026 tax payment credit evaluation of business entities. The evaluation results show that in 2026, tax authorities evaluated 54.669 million business entities, an increase of 4.903 million from the previous year. The tax payment credit of business entities in my country continues to improve. Specifically, the number of trustworthy business entities nationwide reached 47.111 million, a year-on-year increase of 8.6%. Notably, the number of business entities proactively repairing their credit increased by approximately 30% year-on-year. 18.154 million business entities proactively corrected their errors and repaired their credit, an increase of 4.178 million from the previous year, representing a year-on-year increase of 29.8%. Among them, 3.881 million business entities achieved an upgrade in their credit rating after repairing their credit.

On June 9, Foreign Ministry Spokesperson Lin Jian held a regular press conference. On June 1, the China Coast Guard vessel Daishan flotilla conducted law enforcement patrols in the waters east of Taiwan. A reporter from the Japanese newspaper Asahi Shimbun asked about this at the conference. "Regarding the lawful law enforcement patrols conducted by the China Coast Guard flotilla in the waters east of Taiwan, the China Coast Guard Bureau has already released relevant information," Lin Jian reiterated. He emphasized that China possesses an exclusive economic zone and continental shelf in the waters east of Taiwan, and that Japan and the Philippines, bypassing China, have unilaterally initiated so-called "maritime boundary negotiations," which seriously violates international law, including the United Nations Convention on the Law of the Sea, and the basic norms of international relations, and severely infringes upon China's maritime rights and interests. China will never allow this.

On June 9th, a gold merchant at the Shuibei Market in Shenzhen stated that when gold prices were rising, they could sell 2 kilograms a day, generating approximately 2 million yuan in sales. However, with the recent continuous decline in gold prices, many consumers are "just looking but not buying." Some merchants revealed that many of their peers have sold off their gold inventory and switched to other businesses.

Italy's FTSE MIB index rose by 1% on the day.

Hong Kong-listed tea beverage stocks saw some fluctuations, with Shanghai Auntie (02589.HK) rising over 10%.

The Vision 2030 report shows that Saudi Arabia's real non-oil GDP at the end of 2025 will be $892 billion, lower than the target of $904 billion.

On June 9th, it was reported that on June 8th, Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, led a delegation to Beijing and held a media briefing. Yue stated that Hong Kong's GDP grew by 5.9% year-on-year in the first quarter of this year, marking a new high in quarterly growth in nearly five years, demonstrating a solid internal driving force for economic recovery. He analyzed that this round of high growth was driven by three engines: exports, consumption, and investment. Exports performed particularly well, with approximately 70% of Hong Kong's exports consisting of AI and high-end electronic products. Currently, global demand for technology products is strong, and this growth trend is sustainable, continuing to support Hong Kong's trade and related industries. The domestic market is also recovering simultaneously, with the property market rebounding by about 10% from its trough, and the wealth effect further stimulating residents' willingness to consume; corporate investment enthusiasm is also gradually recovering, with overall investment data showing positive growth, and the internal vitality of the economy continuing to be released. Yue stated that the trend of global investors avoiding single-market risks and promoting asset diversification will not reverse. As a core hub for investing in the Chinese market, Hong Kong possesses the triple advantages of system, location, and market, and will continue to attract global capital inflows in the future.

Futures News, June 9th: Shanghai Futures Exchange (SHFE) Energy and Chemical Warehouse Receipts and Changes on June 9th: 1. Pulp futures warehouse receipts: 235,809 tons, an increase of 4,627 tons compared to the previous trading day; 2. Pulp futures mill warehouse receipts: 20,000 tons, unchanged compared to the previous trading day; 3. Offset paper futures warehouse receipts: 957 tons, unchanged compared to the previous trading day; 4. Offset paper futures mill warehouse receipts: 6,640 tons, unchanged compared to the previous trading day; 5. Fuel oil futures warehouse receipts: 3,416 tons. 6. Petroleum asphalt futures warehouse receipts: 21,120 tons, unchanged from the previous trading day; 7. Petroleum asphalt futures factory warehouse receipts: 96,220 tons, unchanged from the previous trading day; 8. Medium-sulfur crude oil futures warehouse receipts: 2,961,000 barrels, unchanged from the previous trading day; 9. Low-sulfur fuel oil futures warehouse receipts: 0 tons, unchanged from the previous trading day; 10. Low-sulfur fuel oil futures factory warehouse receipts: 0 tons, unchanged from the previous trading day.

European chip stocks rose, with ASML, Infineon, and ASM Pacific Technology all gaining between 0.6% and 2.8%.

On June 9th, Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense, released a statement regarding recent military-related issues. It was reported that Defense Minister Dong Jun recently visited South Africa at the invitation of the South African government. When asked about his assessment of the military relations between China and South Africa, Zhang Xiaogang stated that Minister Dong Jun's visit to South Africa marked the first visit by a Chinese defense minister in 12 years. He held talks with the South African Minister of Defence and Veterans Affairs, reaching a consensus on continuously deepening all-round pragmatic cooperation. "Comrades and brothers" is the essence of China-South Africa relations. Under the strategic guidance of the two heads of state, the two militaries will strengthen strategic communication, improve mechanisms, conduct professional exchanges, deepen education and training, and create a model of military cooperation among South African countries.

On Tuesday, June 9th, the German DAX 30 index opened down 60.32 points, or 0.24%, at 24,581.53; the UK FTSE 100 index opened down 29.31 points, or 0.28%, at 10,343.89; the French CAC 40 index opened down 19.89 points, or 0.24%, at 8,179.40; the Euro Stoxx 50 index opened up 0.36 points, or 0.01%, at 6,062.65; the Spanish IBEX 35 index opened up 29.69 points, or 0.16%, at 18,252.79; and the Italian FTSE MIB index opened up 92.37 points, or 0.18%, at 50,300.50.

According to Futures News on June 9th, as of 15:00 Beijing time, spot platinum fell 0.03%, while spot palladium rose 0.25%.

On June 9th, South Korea's Ministry of Finance announced a crackdown on foreign exchange speculation, with regulators planning on-site inspections and investigations into suspected market-disrupting activities. South Korean Vice Foreign Minister Moon Ji-sung stated in a press release that authorities will target transactions aimed at distorting the market and will conduct on-site inspections this week to check whether participants are engaged in speculative trading. The statement also said the government considers the current situation serious and is coordinating with other agencies to closely monitor market trends and major order flows.

On June 9th, ahead of the upcoming second and third quarter inspections, a working symposium for the heads of the Central Safety Production Assessment and Inspection Teams was held in Beijing on June 8th. The meeting emphasized that during these inspections, the Central Safety Production Assessment and Inspection Teams should go directly to the sites and conduct thorough investigations. Any typical and significant accident hazards discovered in key industries such as mining, chemicals, fireworks and firecrackers, construction, fire safety, industry and trade, and special equipment should be transferred to provincial Party committees and governments, urging local authorities to organize verification and rectification, investigate accountability, and deal with the issues seriously. Special inspections on regulatory and enforcement issues should be carried out, adhering to the principle of integrated investigation and rectification, and severely punishing illegal and fraudulent activities related to safety production, as well as prominent problems such as corruption in the safety production field.

Lenovo Group (00992.HK) rose more than 5%.

The yield on Japan's 40-year government bonds fell 4 basis points to 3.760%.

Hong Kong stocks' two major model stocks fluctuated and declined, with MINIMAX-W (00100.HK) and Zhipu (02513.HK) both falling by more than 6%.