Hengyi Petrochemical said Phase I of its Brunei refinery-petrochemical project produced a small amount of sulfur as a byproduct from the environmental facility; byproduct design capacity is 120,000 tonnes. Phase II work is progressing in an orderly manner.

SoftBank Group shares' gains widened to 11%.

Foreign Ministry spokesperson Lin Jian said at a June 15 regular briefing the Strait of Hormuz is an important international waterway and that restoring stability is in the interest of regional states and the international community. China noted a first-stage memorandum of understanding between Iran and the US that includes reopening the strait and said it hopes safe, free passage will be restored promptly. China said it is willing to maintain communication with regional countries and the international community on related issues.