A-share Zhongji Xuchuang turnover hit 50 bln yuan; stock now down 7.91%.

US business inventories rose 0.3% MoM in May, matching the 0.3% consensus; April was revised up to 0.6% from 0.5%.

President ZELENSKIY launched his fourth major government reshuffle since the Russia-Ukraine war began and unexpectedly dismissed Defence Minister Mykhailo Fedorov, who confirmed his removal on social media. Fedorov, a popular figure and advocate of Ukrainian drone operations, said his team’s six-month achievements included disrupting Russian use of Starlink, further isolating Crimea and advancing an unpopular but critical military reform. The dismissal has prompted calls for a peace protest in Kyiv on Thursday morning. The reshuffle follows parliament’s approval of Prime Minister Yulia Svyrydenko’s resignation; she had been in office about one year.