Australia's S&P/ASX 200 closed up 116.80 points, or 1.36%, at 8,709.70 on Friday, May 29.

Zhenhua Co. shares hit the daily down limit. Broker seats on the top-trader list traded 623.79 mln yuan today, 45.32% of the day's turnover; buys were 270.24 mln yuan, sells 353.56 mln yuan, net sell 83.32 mln yuan. Shanghai Stock Connect special account and CITIC Securities’ Shanghai Wanyuan Road branch bought 134.86 mln yuan and 57.56 mln yuan respectively; China International Capital Corporation’s Shanghai branch and the Shanghai Stock Connect special account sold 121.77 mln yuan and 67.05 mln yuan respectively.

PBOC Beijing branch leadership page shows Li Wei has been appointed party secretary and head of the People's Bank of China Beijing branch and director of the SAFE Beijing bureau. Li previously served as deputy director of the PBOC Clearing Center, deputy head of the Shijiazhuang central sub‑branch and director of the PBOC Technology Department.