On June 12, China's Zhongguancun Development Group and the National Industrial Information Security Development Research Center signed a strategic cooperation agreement to collaborate on industry strategy research, industry innovation ecosystem development, AI pilot testing and validation, industrial software security, park-specific services and high-end talent training.

Spot silver jumped $4 intraday to $67.41/oz, up 6.35%.

The deputy director of the CSRC's Shanghai bureau said the '1+6' package deepening STAR Market reform — including a new Sci‑Tech Growth tier and restarting a fifth set of listing standards to permit unprofitable companies — is aimed at boosting market inclusivity and better serving tech innovation. He said the STAR Market added 37 ETFs over the past year, now totaling more than 120 funds with aggregate assets of about CNY 240 bln, and that nearly half of holdings are with long‑term investors as the influence of "patient capital" grows.