International Aluminium Institute (IAI) said global primary aluminium production in May was 6.15 mln tonnes.

CITIC Securities forecasts robust semiconductor-equipment demand driven by large downstream customers’ capex guidance and expansion plans. It projects the global wafer fab equipment (WFE) market will expand 26% YoY in 2026 to $147.8bn and 35% YoY in 2027 to $199.5bn, with memory’s share increasing. As capacity is brought online and new product cycles roll out, equipment makers’ pricing power may improve. The report advises monitoring equipment suppliers exposed to memory and capex-led spending.

Hong Kong auto stocks fell broadly: Geely Automobile (00175.HK) dropped >8%, Leapmotor (09863.HK), BYD Co. (01211.HK) and Great Wall Motor (02333.HK) were down >5%, and SERES (09927.HK), XPeng Inc. (09868.HK) and Li Auto (02015.HK) fell >4%.