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[Total Trading Volume of Shanghai and Shenzhen Stock Exchanges Reaches 3,064.696 Billion Yuan Today, with Zhongji Xuchuang Leading in Trading Volume] On June 16, the total trading volume of the Shanghai and Shenzhen stock exchanges reached 3,064.696

2026-06-16

[Total Trading Volume of Shanghai and Shenzhen Stock Exchanges Reaches 3,064.696 Billion Yuan Today, with Zhongji Xuchuang Leading in Trading Volume] On June 16, the total trading volume of the Shanghai and Shenzhen stock exchanges reached 3,064.696 billion yuan, an increase of 33.498 billion yuan compared to the previous day. Specifically, the Shanghai Stock Exchange's trading volume was 1,369.613 billion yuan (compared to 1,403.586 billion yuan in the previous trading day), with a trading volume of 616 million lots (compared to 679 million lots in the previous trading day); the Shenzhen Stock Exchange's trading volume was 1,695.083 billion yuan (compared to 1,627.612 billion yuan in the previous trading day), with a trading volume of 755 million lots (compared to 757 million lots in the previous trading day). Zhongji Xuchuang led in trading volume with 29.092 billion yuan. This was followed by Dongshan Precision, Hengtong Optic-Electric, GigaDevice, and New Easun, with trading volumes of 24.939 billion yuan, 23.77 billion yuan, 22.674 billion yuan, and 22.245 billion yuan, respectively.

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2026-06-16

Lyon Securities said easing Middle East tensions pushed oil down to $85/bbl but, despite market expectations of a return to ~$70, damage to production facilities and infrastructure bottlenecks mean global supply is unlikely to recover to pre-conflict

Lyon Securities said easing Middle East tensions pushed oil down to $85/bbl but, despite market expectations of a return to ~$70, damage to production facilities and infrastructure bottlenecks mean global supply is unlikely to recover to pre-conflict levels within 6–12 months. The bank now expects H2 oil to remain above $80/bbl (1H average $94). It forecasts Chinese oil producers will post their strongest earnings and cash flow in years, with PetroChina (00857.HK) and CNOOC (00883.HK) Q2 EPS seen rising about 50% YoY. Lyon views PetroChina and CNOOC as relatively defensive amid volatility given solid fundamentals and roughly 7% dividend yields. Lyon assigns OUTPERFORM to the three state oil majors, preferring PetroChina, then CNOOC, then Sinopec (00386.HK); price targets: PetroChina HK$12, CNOOC HK$36, Sinopec HK$4.9. The bank says CNOOC's removal from a US-related list could trigger re-rating, while Sinopec's Q2 profit may face headwinds.
2026-06-16

According to the Financial Times, OpenAI spent $34 billion last year.

According to the Financial Times, OpenAI spent $34 billion last year.
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