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A-share market mixed at midday: ChiNext rose 1.39%, trading near an 11-year high, while the STAR 50 index advanced more than 3% and also set fresh highs. Shanghai and Shenzhen turnover reached 2.14 trillion yuan by midday, up 187.6 billion yuan from

2026-06-18

A-share market mixed at midday: ChiNext rose 1.39%, trading near an 11-year high, while the STAR 50 index advanced more than 3% and also set fresh highs. Shanghai and Shenzhen turnover reached 2.14 trillion yuan by midday, up 187.6 billion yuan from the prior session; more than 3,400 stocks were down, signaling a narrow advance. Industrial metals and semiconductors led gains; semiconductor names Cambricon climbed over 13% and GigaDevice rose more than 8%, both hitting new highs. CPO-related stocks remained active. On the downside, the insurance sector tumbled—PICC, China Life and Ping An each fell over 5%—while power utilities and airport/airline stocks underperformed.

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2026-06-18

Analysts say Kevin Warsh's influence is apparent in the latest Fed statement, with wording moving closer to the lower-transparency style used before the global financial crisis. They caution that reduced communication may damp short-term daily market

Analysts say Kevin Warsh's influence is apparent in the latest Fed statement, with wording moving closer to the lower-transparency style used before the global financial crisis. They caution that reduced communication may damp short-term daily market volatility but could trigger larger, jumpy market moves if the Fed's policy reaction function or incoming economic data deviate from expectations.
2026-06-18

According to Iran's SNN news agency, a spokesperson for the Iranian Foreign Ministry stated that the United States has pledged to lift all types of sanctions against Iran in accordance with upcoming negotiations.

According to Iran's SNN news agency, a spokesperson for the Iranian Foreign Ministry stated that the United States has pledged to lift all types of sanctions against Iran in accordance with upcoming negotiations.
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