Hong Kong AI recent listings extended yesterday's gains: China's WeRide-W (00800.HK) rose over 15%, Zhipu (02513.HK) gained over 11%, Haizhi Technology Group (02706.HK) rose over 4%, and GigaDevice (03986.HK) and Pony.ai-W (02026.HK) each rose over 3%.

Iranian deputy foreign minister Ravanchi told Iranian media on June 16 that US removal of sanctions on Iran "has been implemented to a certain extent."

State Taxation Administration invoice data released June 16 show national industrial enterprise sales revenue rose 6.8% YoY in the first five months. Equipment-manufacturing sales revenue increased 8.0% YoY and accounted for 46.8% of manufacturing. Subsector trends: computer and communication equipment +15.6% YoY, instrument manufacturing +10.5%, specialized equipment +8.8%. Robotics and intelligent vehicle equipment sales rose 27.7% and 46.3% YoY, respectively. High-end electronics accelerated: integrated circuits +57.7% YoY, optoelectronic devices +32.6%, semiconductor devices +24.4%.