A-share coal sector extended gains; Xinjie Energy hit limit-up, Dayou Energy, Zhengzhou Coal & Power, Haohua Energy, Jinkong Coal and Lu'an Environmental Energy had earlier hit limit-up; Shanmei International, Shanxi Coking Coal, Pingmei Co. and China Shenhua also climbed.

Tmall Supermarket has launched in Hong Kong, offering next-day delivery and an initial assortment of more than 80,000 SKUs. Taobao said the launch was one of its Hong Kong initiatives during this year’s 618 sales and signals accelerated overseas expansion. The platform plans to boost Hong Kong pick-up points by about 40% from roughly 1,200 by year-end and will introduce unmanned pick-up points and self-service collection.

Anyang Steel said on May 31 it completed and commissioned an electric heating furnace for titanium plate at its No.2 hot-rolling unit. The new furnace will operate in tight coordination with the hot-rolling mill to provide precise, standardized heating for multiple titanium-plate specifications, address a process shortfall in high-end titanium rolling and strengthen the company’s high-end specialty steel product mix.