Shanghai Gold Exchange gold T+D opened the June 12 evening session up 0.72% at 914.94 yuan/gram; silver T+D opened up 1.11% at 16,030 yuan/kg.

China Tourism Group Duty Free's A- and H-shares both rose more than 3%.

Hainan’s provincial space leadership group met in Haikou on June 12, chaired by Governor Liu Xiaoming, and ordered an accelerated build-out of commercial launch sites and an aerospace-city zone to speed major projects. The province targets basic completion by year-end of core full-chain capabilities — launch, TT&C (telemetry, tracking & control), recovery and reuse — and called for scientific, rational, integrity-based and sustainable management, clearer role allocation and faster project delivery. Authorities directed measures to secure inputs, prioritise filling, extending and strengthening supply chains, sharpen targeted investment attraction, fast-track operator incubation and public service platforms to boost local supplier capacity and grow the rocket, satellite and data industry chains. The meeting stressed bottom-line and systems thinking, enhanced risk identification and mitigation, and safe implementation of H2 launch tasks.