Sichuan Provincial Bureau of Statistics: Jan-May 2026 industrial value added of above-designated-size enterprises rose 6% YoY; product sales rate 95.1%. By product, output changes YoY: natural gas +2.0%, power generation +2.4%, smart TVs +59.2%, lithium-ion batteries +57.2%, integrated circuits +18.4%, industrial robots +12.3%, LCD panels +9.3%. Fixed-asset investment — property development investment down 7.8% YoY; commodity housing construction area -13.2% YoY; newly built commodity housing sa

China International Capital Co said in a research note the Fed left rates unchanged at the June meeting and significantly simplified its policy statement, removing forward guidance to reduce Fed-market intervention. The Fed established five working groups—communications, balance sheet, data, productivity and labor, and inflation framework—with the balance-sheet review ranked second, signalling balance-sheet reduction (QT) remains a core tilt. Fed leadership offered no explicit guidance, but the dot plot shifted hawkish: the mean projects one rate hike this year, reflecting firmer employment and persistent inflation and an anti-inflation focus. China International Capital Co maintains its view that the Fed will neither hike nor cut rates this year but warns the risk of a hike next year has risen; sustained US growth driven by AI-led capex and a broad recovery could prompt monetary tightening.

Shanghai Stock Exchange is soliciting public comment on draft interim rules covering issuance, listing application and sponsor-recommendation procedures for the Sci-Tech Innovation Board.