On June 10 the China Coast Guard Taizhou task group conducted a rights‑protection patrol in waters around China's Diaoyu Islands and affiliated islets; authorities said the operation was carried out lawfully.

June 10 — Xiongtai Co. shares hit the daily limit after market reports said funds originally earmarked for hydrogen and lithium capacity expansions were redirected, leading investors to conclude the company’s expected second growth curve has been shelved and growth expectations were downgraded. The company said operations are normal and that hydrogen still has market potential but is not market-ready in the near term and therefore did not meet the standards for a second growth engine. To avoid potential large losses the firm repurposed the related funds. Xiongtai added the lithium battery division is in a similar position: some projects have been built but the company will not commit new capital to further projects for now.

The National Bureau of Statistics said food, tobacco & alcohol and catering prices fell 0.9% YoY in May, reducing CPI by about 0.26 percentage points. Meat prices were down 7.4% YoY, trimming CPI by roughly 0.31ppt; pork plunged 16.1% YoY and accounted for most of that reduction (~0.31ppt). Fresh fruit -2.2% YoY (-0.04ppt); eggs +6.6% (+0.03ppt); fresh vegetables +1.6% (+0.02ppt); aquatic products +0.6% (+0.01ppt). Of the seven other major CPI categories, six rose YoY and one fell: other goods and services +9.9%, transport & communications +5.4%, healthcare +2.1%, household goods & services +1.8%, clothing +1.4%, education/culture/recreation +1.3%; housing -0.2%.