Wenjie Auto reported June deliveries of 30,199 new vehicles; 1H cumulative deliveries rose 10.2% YoY.

Investors' long-running yen carry trades—borrowing cheap yen to fund higher-yield assets—have funneled Asia-origin flows into global risk assets, including US stocks and commodities. The recent yen decline is market-relevant as markets approach the two-year anniversary in August of Japan's large August 2024 yen intervention, which triggered Japan's biggest one-day equity drop since 1987, amplified US volatility and saw the S&P 500 fall 6.1% over three days. ING global markets head Chris Turner says, given thin trading ahead of the July 4 holiday, Japan could buy yen as soon as Friday or wait until the July 20 Marine Day holiday to act.

US equities closed 1H 2026 with the Nasdaq up 12.79%, the S&P 500 up 9.5% and the Dow up 8.8%. Memory and semiconductor stocks outperformed: SanDisk (SNDK) +857% — the top S&P 500 gainer; Micron (MU) +304%, with market value surpassing $1 trillion for the first time; Intel (INTC) +278%; Western Digital (WDC) +270%. Among the seven largest tech names, Microsoft (MSFT) led declines, down more than 22%; Meta (META) -14%; Tesla (TSLA) -6%. Gains included Alphabet A (GOOGL) +14%, Apple (AAPL) +6%, Amazon (AMZN) +3% and NVIDIA (NVDA) +7%.