A-share storage chip sector fell, led by Dongxin Co., which slid more than 10%. Tuojing Technology, Jiangbolong, Shannon Xinchuang, Demingli and Baiwei Storage also declined.

On June 1 local time, the second special prosecution team handling follow-up probes into the "three major special prosecutor cases" said its investigation of former Joint Chiefs of Staff chairman Kim Myeong-su confirmed Yoon Suk-yeol's plan to implement emergency martial law had been under preparation since around November 2023.

May RatingDog China manufacturing PMI 51.8, down 0.4 percentage points from April. Production and demand remain in expansion but momentum slowed; output rose but at a weaker pace. Total new orders continued to expand more slowly; new export orders declined from April into contraction. Cost and price pressures eased: input-material price gains narrowed and output price growth decelerated; firms’ pass‑through moderated. Overall manufacturing expansion slowed but underlying activity remains stable; continued new orders and output support the sector and easing cost pressure helps profit prospects, while weaker external demand is a downside risk.