On June 7, Baidu's Mobile Ecosystem Group (MEG) reorganized: it merged its Commercial and e‑commerce divisions into a Large Commercial business division and upgraded the Digital Human Innovation business into an independent department.

On June 6, sources said Treasury Secretary Bessent directed a team to assess Gulf allies’ situations and estimate repair costs for damage attributed to Iran. The US intends to use relevant mechanisms to transfer frozen Iranian assets to Gulf partners to fund reconstruction and measures to address potential future damage. The US will also consider whether to use Iranian assets to compensate for past losses, the sources said.

CSC Financial, citing China Index Academy data, said average secondhand residential prices across 100 cities fell 0.32% MoM in May, a 0.14ppt improvement from April, and were down 7.99% YoY, a 0.35ppt narrowing. Shanghai secondhand prices have risen for three consecutive months, indicating the market is moving toward stabilization. This week Poly Real Estate won a Nanshan, Shenzhen residential parcel for 57.7 bln yuan at a 150.7% premium, setting a Shenzhen record floor price of 109,000 yuan/sq.m; CSC said demand for premium plots in core cities remains strong.