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Hong Kong-listed new-energy vehicle stocks rallied in the afternoon; Li Auto (02015.HK) jumped over 8%, SERES (09927.HK) climbed more than 4%, while Great Wall Motor (02333.HK), XPeng (09868.HK), Leapmotor (09863.HK) and Xiaomi Group (01810.HK) also

2026-06-12

Hong Kong-listed new-energy vehicle stocks rallied in the afternoon; Li Auto (02015.HK) jumped over 8%, SERES (09927.HK) climbed more than 4%, while Great Wall Motor (02333.HK), XPeng (09868.HK), Leapmotor (09863.HK) and Xiaomi Group (01810.HK) also rose.

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2026-06-12

US President Trump said Iran is more eager than he is to reach an agreement and that Tehran has been severely hit.

US President Trump said Iran is more eager than he is to reach an agreement and that Tehran has been severely hit.
2026-06-12

PBOC data show May new corporate loans (domestic and foreign‑currency) had a weighted‑average rate of about 3.0%, roughly 25bp lower YoY. Since H2 2018 authorities have cut the reserve requirement ratio 18 times, supplying ongoing medium‑ to long‑ter

PBOC data show May new corporate loans (domestic and foreign‑currency) had a weighted‑average rate of about 3.0%, roughly 25bp lower YoY. Since H2 2018 authorities have cut the reserve requirement ratio 18 times, supplying ongoing medium‑ to long‑term liquidity; benchmark policy rates have been cut 10 times over the same period, totaling 115bp. Experts say measures including rectifying banks' illegal manual interest top‑ups and guiding non‑bank interbank demand deposit rates to track policy rates have improved transmission and support banks' net interest margins. Overall, policy‑rate transmission is effective and loan rates are stable-to-declining at low levels.
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