July 27 — The China Association of Listed Companies’ June monthly report showed
Q2 divergence in listed firms’ market-cap structure. Companies above 1 tln yuan
rose by 2 (Zhongji Xuchuang, Cambricon); those above 100 bln yuan increased by
38; above 50 bln yuan increased by 76. Firms with market caps of 5–50 bln yuan
fell by 270, while companies below 5 bln yuan rose by 226. Median market value
at end-1H was 6.15 bln yuan, down 330 mln yuan from end-Q1.