The Zhanjiang Maritime Safety Administration, via the China Maritime Safety Administration website, issued a navigation warning that parts of the South China Sea will conduct live-fire exercises from July 14–16, daily 08:00–18:00 local time. Entry into the designated sea areas is prohibited.

GigaDevice hit the daily limit-down, closing at 550.8 yuan, more than 30% below its June 30 level; market capitalization about 386.4 billion yuan. The broader memory-chip sector plunged, with multiple peer stocks also trading at limit-downs. A GigaDevice staffer said the recent share adjustment “is closely linked to overseas markets,” noting the decline is roughly in line with SK Hynix’s ~30% drop and that memory peers rose similarly during the prior rally. Asked about business worries, the staffer pointed to the company’s earnings guidance as the most persuasive evidence of fundamentals.

SHFE silver main contract fell 4.00% intraday to 14,086.00 yuan/kg.