A-SHARE SHANGHAI COMPOSITE INDEX AND SHENZHEN COMPONENT INDEX TURNED POSITIVE INTRADAY AFTER EARLIER DROPPING OVER 1%

China’s Ministry of Commerce said it has initiated two trade barrier investigations into US practices, citing evidence that US actions in trade, technology exports and investment restrictions are disrupting global industrial and supply chains. The ministry said the measures may harm Chinese firms’ trade interests and could violate WTO rules and bilateral economic agreements. The investigations will focus on US actions affecting global supply chains and barriers to green product trade, with further steps to be taken based on the findings, the ministry added.

美联储理事巴尔：近期监管政策调整及裁员正削弱市场对金融体系稳定性的信心，使银行的抗风险能力下降。