The Shanghai Stock Exchange said secondary‑market trading in the Huatai‑PineBridge China‑Korea Semiconductor ETF (513310) was trading materially above the fund’s reference net asset value, creating a large premium. To protect investors, the ETF will be suspended from market open on July 7 until 10:30 the same day. The exchange warned of premium risk and said uninformed purchases could result in material losses.

Hong Kong shares closed higher. The Hang Seng Index rose 1.14% to 23,616.32, the Hang Seng Tech index gained 0.94% to 4,541.23. Market turnover was HK$314.7bn and southbound Stock Connect flows net bought over CNY20bn. Sector action: online gaming, pharmaceuticals, domestic life insurers and internet/tech names led gains; semiconductors, non-ferrous metals and large-model AI plays lagged. Notable movers: Zhida Technology (02650.HK) rose more than 47%, Kuaishou (01024.HK) nearly +8%, Leapmotor (09863.HK) +6.7%, China Biopharma (01177.HK) +6.5%, Tencent Holdings (00700.HK) +4.8%, Meituan (03690.HK) +4.7%; Zhipu AI (02513.HK) fell, BeiGene (06160.HK) rose over 4%. Biggest declines: Yangtze Optical Fibre and Cable (06869.HK) and Kingboard Laminates (01888.HK) -14.7%, UBTech (09880.HK) down over 10%, Kingboard Holdings (00148.HK) -9.6%, Sunny Optical (02382.HK) down more than 7%.

Taiwan Stock Exchange Weighted Index (TAIEX) closed down 224.23 points, or 0.48%, at 46,556.39 on Monday, July 6.