A-shares opened lower. ChiNext Index and Shenzhen Composite Index briefly fell over 1% at the open, rallied intraday then reversed to close lower while the Shanghai Composite continued to trade higher. The Beijing Stock Exchange 50 Index jumped as much as 7% early with all constituents rising. At midday the Shanghai Composite was up 0.43%, Shenzhen Composite down 0.24% and ChiNext down 0.82%; combined turnover on both bourses exceeded 1.8 trillion yuan. More than 3,700 stocks advanced. Sector mo

Japan's finance minister Katayama said the Middle East conflict and oil-price volatility were also factors behind the yen's weakness.

MOFCOM data: Jan-Apr 2026 China’s services trade totaled 2,485.3 bln yuan, up 4.9% YoY — exports 985.0 bln yuan (+15.0%), imports 1,500.3 bln yuan (-0.8%). Services trade deficit narrowed to 515.3 bln yuan, down 139.7 bln YoY. Knowledge-intensive services remained a driving sector: Jan-Apr flows were 1,104.2 bln yuan (+5.1%), accounting for 44.4% of total services trade; exports 544.1 bln yuan (+11.7%) with personal cultural and entertainment services and IP royalties the fastest-growing subsegments (up 39.5% and 20.8% respectively), imports 560.1 bln yuan (-0.7%). Among top categories, travel services exports rose 147.2 bln yuan (+30.4%), fastest growth on the export side; transport services imports rose 316.5 bln yuan (+24.9%), fastest on the import side.