US Challenger job-cut announcements rose to 97,006 in May from 83,387 previously.

CSI Convertible Bond Index opened down 0.29%. Leading losers: Chun23 convertible bond -2.79%, Aofei convertible bond -2.78%, Luwei convertible bond -2.65%, Dinglong convertible bond -2.60%, Tianzhun convertible bond -2.38%. Top gainers: Z-Huate convertible bond +5.96%, Tianchuang convertible bond +3.25%, Huicheng convertible bond +2.70%, Yubang convertible bond +2.53%, Xianghe convertible bond +2.18%.

Israeli public broadcaster Kan reported that a Hezbollah explosive FPV drone struck the vehicle of Israeli Northern Command commander Rafi Milo in southern Lebanon today. Milo and an aide had exited the vehicle shortly before the strike; there were no casualties. Israeli analysts, citing the Amit Research and Intelligence Institute, say Hezbollah is deliberately targeting senior officers and has been monitoring senior officers’ movements to employ drones, other unmanned aerial systems and combined-arms attacks against Israeli command, control and defenses.