澳洲联储主席布洛克：仍对通胀表示担忧，但目前处于更好的位置。通胀仍存在上行风险。

The State Administration for Market Regulation (SAMR) says China’s internet advertising industry has rapidly evolved into a data-driven, tech-enabled ecosystem but continues to face legacy problems (low creativity, hype-driven promotion) and new risks including AI misuse and excessive traffic chasing. SAMR issued a Notice on Deepening Internet Advertising Ecosystem Governance, formally advancing the concept of “internet advertising ecosystem governance” and setting five priorities: strengthen the regulatory framework, tighten platform responsibility, step up oversight of key areas, upgrade monitoring technology and enforcement capabilities, and reinforce value-oriented guidance.

Southbound flows via Stock Connect have been the largest incremental funding source for the Hong Kong market this year, with cumulative net inflows of HKD 306.576 billion as of June 16, Wind data show. Southbound posted net inflows on 64 of 104 trading days so far this year. The single-day record came on March 9 with a net inflow of HKD 37.213 billion. As of June 15, southbound holdings totaled 588.491 billion shares, up 25.798 billion shares since the start of 2026, with a market value of HKD 5.98 trillion, down HKD 0.16 trillion versus the start of 2026. Sector exposure by market value is led by financials HKD 1,684.604 billion, information technology HKD 1,122.077 billion and consumer discretionary HKD 798.248 billion; energy and healthcare holdings each exceed HKD 420 billion.