China A-share ChiNext Index jumped over 1.7% in a rapid move, hitting a fresh record high.

US May retail sales $763.71bn, prior $757.09bn.

Key News 1. PBOC Governor Pan Gongsheng: Promote investment of medium- and long-term funds in the stock and bond markets; improve the short-term interest rate control mechanism. 2. PBOC Governor Pan Gongsheng: Conduct pilot programs for offshore RMB foreign exchange trading in the Shanghai Free Trade Zone; study the establishment of macro-prudential tools to support non-bank liquidity under specific scenarios. 3. PBOC optimizes the open market temporary overnight repurchase and reverse repurchase operation mechanism; creates repurchase tools for overseas central bank-like institutions. 4. Zhu Hexin: A package of incremental policies will be launched soon. 5. CSRC Chairman Wu Qing: Since the new "Nine Articles," social security funds and insurance funds have made net purchases of 1.3 trillion yuan in A-shares. 6. CSRC Chairman Wu Qing: The market capitalization of the technology sector accounts for more than 30% of A-shares, and technology companies with a market capitalization exceeding 100 billion yuan account for 45%. 7. CSRC Chairman Wu Qing: The fifth set of standards for the Science and Technology Innovation Board has been expanded to include the artificial intelligence large-scale model industry. 8. China's first 8.6-generation AMOLED production line has commenced mass production in Chengdu, with a designed capacity of 32,000 glass substrates per month. 9. China is accelerating the establishment of a global artificial intelligence cooperation organization. 10. Rumors circulating online claim that Caitong Fund was raided; insiders say this is purely a rumor. Individual Stock News 1. Data on main capital flows shows that BOE Technology Group Co., Ltd. (BOE A) saw the largest net inflow of main capital at 3.392 billion yuan, followed by GigaDevice, TCL Technology, Shannon Semiconductor, and PENGDING Holdings. Shengyi Technology Co., Ltd. saw the largest net outflow of main capital at 1.893 billion yuan, followed by Foxconn Industrial Internet, Xiamen Tungsten, Sungrow Power Supply Co., Ltd., and DR Jiayuan Technology Co., Ltd. 2. Farasis Energy Co., Ltd. signed a strategic cooperation agreement with German energy technology company WLF Energy. 3. Aerospace Science & Technology Co., Ltd. signed a long-term SSA strategic supply agreement with Baker Hughes. 4. Lianchuang Electronics Co., Ltd.: The company's microprisms and other optical module components are currently in the sample evaluation stage. 5. Maiwei Biotechnology's subsidiary, Maiwei Vision, has entered into a strategic partnership with Weimou Biotechnology. 6. Gaoweida, Guoguang Quantum, and Weide Information signed a tripartite strategic cooperation agreement. 7. Zhongyi Technology: The company is an OceanBase Platinum Distributor and Gold Technical Service Partner for Ant Group.