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Swiss National Bank chairman said the easing of Middle East tensions cannot be ruled out as merely temporary.

2026-06-18

Swiss National Bank chairman said the easing of Middle East tensions cannot be ruled out as merely temporary.

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2026-06-18

China's deputy UN permanent representative Sun Lei told the 36th meeting of states parties to UNCLOS on the 17th that certain states have revived the so-called 'South China Sea arbitration' and China must clarify its position. He said the arbitration

China's deputy UN permanent representative Sun Lei told the 36th meeting of states parties to UNCLOS on the 17th that certain states have revived the so-called 'South China Sea arbitration' and China must clarify its position. He said the arbitration violated the principle of state consent, the tribunal exceeded its jurisdiction and misapplied the law, and its award is illegal and void. He called the case a political provocation cloaked in legal form aimed at denying China's territorial sovereignty and maritime rights; China has never accepted or recognized the award and its South China Sea territorial and maritime rights remain unaffected.
2026-06-18

East Money Research Institute deputy director and chief strategist Chen Guo said A-shares saw large-scale discounted sales of high-quality stocks driven by liquidity-driven forced selling by holders of dividend assets, creating price dislocations. He

East Money Research Institute deputy director and chief strategist Chen Guo said A-shares saw large-scale discounted sales of high-quality stocks driven by liquidity-driven forced selling by holders of dividend assets, creating price dislocations. He reiterated a strong preference for non-bank financials, especially brokerages, noting the sector's ROE is at its highest since 2022 with room to rise and its current PB sits in the bottom decile of the historical distribution. He said he does not expect a broad A-share bear market; if one materialises, brokerage valuations would likely have adjusted first. Conversely, he warned that any extreme market compression of broker valuations should ultimately snap back.
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