INVESCO Great Wall Global Chip LOF (501225) will suspend trading from market open on May 29 until 10:30; redemption requests will be processed as normal during the suspension.

The China Chamber Of Commerce For Import & Export Of Machinery And Electronic Products said it opposes the EU’s new “excess capacity” tool, warning capacity should be judged in the context of global supply chains and market demand. The chamber argued that forward-looking investment in fast-iterating, high-growth sectors can yield temporary low utilisation without signaling structural overcapacity, and cautioned against politicising industrial competitiveness. It urged the EU to listen to industry, halt moves toward discriminatory legislation or policies, and resolve disputes through government consultations and industry dialogue to preserve a fair, predictable trade environment. The chamber warned that if the EU adopts discriminatory restrictions, it will ask the Chinese government to take necessary measures under international rules and Chinese law to protect China’s industrial interests and the broader China-EU trade relationship.

RBC, citing sources, says Russia plans to lower the oil-price cut-off in its budget rule to $50/bbl.