Foreign Ministry spokesman Guo Jiakun said on June 23 the China-India border situation is broadly stable, communication channels on border issues remain open, Beijing is actively implementing the consensus from the special representatives' 24th meeting and preparing the 25th meeting.

At a FORCE conference media briefing, Volcano Engine president Tan said online Seedance revenue figures circulating are overstated and inaccurate. He said short-form drama and film are only a tiny use case; the model is already deployed across manufacturing, retail, education, embodied intelligence and autonomous driving for multilingual product marketing, industrial training videos and synthetic simulation/synthetic data, and industry demand has not yet peaked.

Hong Kong stocks closed lower; HSI fell 1.82% and the Hang Seng Tech Index dropped 3.3%. Total turnover HKD 334.36 billion. Sector action: storage, PCB, nonferrous metals, chip and AI names weakened; tea beverages, pharmaceuticals and mainland banks outperformed. Notable movers: 02005.HK up >7%; 00175.HK (Geely) and 02097.HK up >2%; 00100.HK MINIMAX-W down >16%; 06809.HK and 02476.HK down >12%; 03993.HK (China Molybdenum) down >10%.