A-share market turned negative in the afternoon: Shanghai Composite slipped into the red, Shenzhen Component fell more than 0.6% and ChiNext dropped over 2%. Leading sector declines were lab-grown diamonds, memory chips and fluorochemicals.

SK海力士股价盘中上涨2.5%，三星电子涨超3%。

China said the Hague arbitration ruling — which found China’s maritime claims in the South China Sea inconsistent with international law — is illegal, invalid and non‑binding; China does not accept or recognize it and will not accept any claims based on the ruling. The Philippines said it will continue to push for a Code of Conduct in the South China Sea and treat the arbitration award as an immutable basis. China called a Code of Conduct a key measure to implement the Declaration on the Conduct of Parties in the South China Sea and a China‑ASEAN consensus, pledged to accelerate consultations with ASEAN to conclude the code, and urged the Philippines not to use the ruling to obstruct its conclusion.