Since late June Europe-wide heat has driven a surge in cooling demand. Hisense sales data show H1 West European revenue for air conditioners rose over 20% YoY, with France up more than 100% YoY. Hisense portable air conditioners are reportedly sold out in several markets, including Germany and France, with retailers citing acute stock shortages.

The State Administration for Market Regulation said China’s enterprise credit index stood at 161.53 in May, with overall corporate credit remaining stable. Top five industry scores were financials; power, heat, gas and water production and supply; residential services and repairs/other services; water conservancy, environmental and public facility management; and manufacturing. Residential services and repairs posted the largest gain, entering the top five for the first time this year. Culture, sports and entertainment edged higher, with credit resilience continuing to strengthen.

沙特外交部：我們對伊朗對科威特和巴林的攻擊以及對霍爾木茲海峽航行安全和自由的威脅表示最強烈的譴責。