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WuXi AppTec (02359.HK) repurchased 1.01858 mln shares on the Shanghai Stock Exchange on June 12 for about Rmb100 mln.

2026-06-12

WuXi AppTec (02359.HK) repurchased 1.01858 mln shares on the Shanghai Stock Exchange on June 12 for about Rmb100 mln.

Other News
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.
2026-06-11

ECB raised its three key policy rates by 25bps, the first increase in nearly three years. The bank sees inflation at 3.0% in 2026, 2.3% in 2027 and 2.0% in 2028 (March: 2.6%, 2.0%, 2.1%); core inflation is projected at 2.5% in 2026–27 and 2.2% in 202

ECB raised its three key policy rates by 25bps, the first increase in nearly three years. The bank sees inflation at 3.0% in 2026, 2.3% in 2027 and 2.0% in 2028 (March: 2.6%, 2.0%, 2.1%); core inflation is projected at 2.5% in 2026–27 and 2.2% in 2028 (March: 2.3%, 2.2%, 2.1%). Growth forecasts were downgraded to 0.8% in 2026, 1.2% in 2027 and 1.5% in 2028 (March: 0.9%, 1.3%, 1.4%). Policy will be decided meeting-by-meeting and remain data-dependent; no preset rate path or commitment on the neutral rate or neutral range. The ECB flagged the Middle East conflict as an upside inflation risk and said the hike is robust across scenarios; it warned the main risk is not hiking, which would make re-anchoring inflation harder. Market reaction: EUR/USD slightly firmer; eurozone yields marginally lower. At the press conference Lagarde said the decision was unanimous, not pre-emptive or aggressive but necessary; alternative options were not discussed. She noted an economic slowdown—especially in services—domestic demand weaker than in March, and an energy shock spreading through the economy. Inflation is broadening; energy-driven rises should push inflation above 2% in 1H 2027 before easing toward target in H2 2027. Short-term inflation expectations have risen while long-term expectations remain near target. No wage second-round effects observed; labor demand is cooling and wage growth is expected to be moderate within a year, with labor-cost indicators pointing to easing in 2026. The Iran conflict is weighing on activity and is a downside growth risk; larger or more persistent energy-price shocks would push Inflation higher and indirect costs are already emerging.
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