A-share banking sector traded with choppy gains; Bank of China, Agricultural Bank of China, China Construction Bank, Chengdu Bank and Industrial and Commercial Bank of China all advanced.

President Trump said the U.S. had wasted too much time on Iran.

China’s Ministry of Transport said the China Central Meteorological Observatory placed super typhoon Bawei at 05:00 about 1,650 km east‑southeast of Keelung, Taiwan. Maximum sustained winds near the center are 60 m/s with central pressure 920 hPa. Radii: 7‑level winds 350–500 km, 10‑level 280–300 km, 12‑level 100–150 km. Bawei was moving west at 20–25 km/h, expected to turn northwest tonight with little change in intensity and to approach the sea east of Taiwan. The ministry activated a level‑4 typhoon defense response at 09:00 on July 8.