Hong Kong semiconductor stocks strengthened in afternoon trade. Zhaoyi Innovation (03986.HK) jumped over 14%, Huahong Hongli (01347.HK) rose more than 8%, SMIC (00981.HK) gained about 5%, while Shanghai Fudan (01385.HK) and Lanqi Technology (06809.HK) also advanced.

On June 29 at Beijing's Diaoyutai State Guesthouse, President Xi met Belarusian President Lukashenko. Xi called for sustained strategic communication to advance bilateral ties to a higher level, pledged Chinese support for Belarus' sovereignty, independence and territorial integrity, and said China would continue to provide assistance within its means and support Belarus' pursuit of a development path suited to its national conditions. He urged mobilizing resources to push Belt and Road cooperation and deepen pragmatic cooperation, and said China and Belarus would coordinate in multilateral forums including the UN and the Shanghai Cooperation Organization, pursue four global initiatives and act as a stabilizing force amid global turbulence.

Russian central bank Deputy Governor Zabogin said the current fuel situation does not warrant convening an emergency meeting.