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Spot gold touched $4,000 per ounce, down 0.18% on the day.

2026-07-01

Spot gold touched $4,000 per ounce, down 0.18% on the day.

Other News
2026-07-01

China Index Academy said 100 major developers purchased CNY 336.0 bln of land in 1H2026, down 33.7% YoY; the decline narrowed 6.8 ppt from the prior month. Core markets including Beijing and Shanghai stayed active, Shenzhen policy moves since May lif

China Index Academy said 100 major developers purchased CNY 336.0 bln of land in 1H2026, down 33.7% YoY; the decline narrowed 6.8 ppt from the prior month. Core markets including Beijing and Shanghai stayed active, Shenzhen policy moves since May lifted demand, and marginal improvement in developers' sales helped narrow the YoY fall for a fourth consecutive month. On a full-caliber basis, aggregate newly added saleable value for the 100 firms fell 33.4% YoY in 1H2026, a smaller drop than Jan–May, driven by hot core-city land auctions in June; Yuexiu Property, CHINA RES LAND and Poly Developments ranked top three in June land purchases.
2026-06-30

The CSRC said it will step up coordination with local governments to eradicate financial statement fraud, emphasizing implementation of central directives and the political responsibility to combat and prevent market accounting fraud. The regulator w

The CSRC said it will step up coordination with local governments to eradicate financial statement fraud, emphasizing implementation of central directives and the political responsibility to combat and prevent market accounting fraud. The regulator will strengthen gatekeeping at the source, expand information sharing, conduct coordinated enforcement, and improve risk resolution and investors protection. Local authorities are cited as essential partners in a comprehensive deterrence-and-punishment framework; central and local bodies will act in concert to reinforce supervision, curb fraud, and support high-quality local economic development and China’s broader financial-strengthening objectives.
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