Zotye Auto shares hit the daily up-limit after the open, quoted at 1.84 yuan per share, implying a market cap of about 9.278 bln yuan. The company held its fourth interim shareholders meeting of 2026 yesterday and approved the election of three non-independent directors. On its investor platform Zotye said R&D on a newly self-developed model is progressing steadily and it plans to launch a new car within the year, “but this is only a plan.” A securities affairs staffer said the director election

Reserve Bank of Australia Assistant Governor Hunter said changes in house prices have had only a small effect on consumer spending.

Shanghai Composite rose 0.36% at mid-session after a volatile morning; Shenzhen Composite Index was up 0.05%, ChiNext down 0.15%, Beijing 50 down 0.51% and STAR 50 down 0.42%. Turnover across Shanghai and Shenzhen reached CNY1.26trln, up CNY12.2bln versus the prior session. Market breadth was positive with over 3,400 stocks advancing as sector leadership rotated quickly. Planting and forestry stocks extended gains—Yasheng Group posted a fourth straight daily limit-up, Dunhuang Seed has five limit-ups in eight sessions and Sukeng Agricultural Development hit the limit. Fertilizer names surged, with Lutianhua, Chuanfa Longmang, Kingenta, Chitianhua and Luhua Technology making limit-up moves. Sugar-substitute plays including COFCO Technology, Hongmian and Huakang advanced. Cultural media extended multi-day rallies—Longban Media on a seventh straight limit-up, China Publishing three days, Reader Media two. Liquid-cooled server names underperformed, weighing on Zhongshi Technology and Jinfu Technology.