Italian media reported on the 7th that a migrant boat carrying about 60 people capsized in waters off Malta, killing at least 10. Search-and-rescue operations are ongoing under Maltese coordination.

China A-share minor‑metals theme showed selective strength: Zhangyuan Tungsten and Xianglu Tungsten rallied over 5%, with China Tungsten High‑Tech, Xiamen Tungsten and Tiangong Co. also higher. Zhangyuan Tungsten raised its long‑order procurement quote for the first half of June.

Huatai Securities says short-term A-share market has entered a window of thin AI‑chain catalysts coinciding with macro risk re-pricing. Last Friday’s stronger-than-expected US NFP triggered global liquidity tightening: US Treasury yields and the dollar rose and the Nasdaq-100 and other risk assets pulled back; weaker-than-expected guidance from overseas AI leaders and short-term crowded positions have prompted a style rebalancing, shifting the primary risk from industry momentum to macro pricing. If the Nasdaq-100 falls >2% alongside rising US yields, A-shares face a higher probability of monthly downside; financials/value should outperform while growth is under pressure. Recommendation: modestly take profits in AI-chain names and await lower volatility to re-enter; favor banks for higher expected returns amid macro re-pricing and selectively rebalance into minor metals and packaging & printing stocks that look EPS-accretive after Q1 results.