Russia’s presidential website said late on the 3rd that President Putin said Russia must continue large-scale strikes on the Ukrainian military-industrial complex and related facilities. He inspected an auxiliary command post of combined Russian forces and held a military meeting with the head of the General Staff and unit commanders to review the current situation and recent combat in the area of the special military operation.

The CSRC has opened a public consultation to refine listed companies' refinancing rules and proposes a uniform market-price issuance pricing mechanism. Under the proposal, all listed companies' private placements must use the first day of the issuance period as the pricing reference date to set issue prices, to promote market-based pricing and improve lock-up arrangements to better protect small investors.

S&P Global's Spain services PMI business activity index rose to 54.2 in June from 50.1 in May, the strongest reading so far this year, driven by robust domestic demand as activity and new business rebounded. S&P Global Market Intelligence chief economist Paul Smith said the survey showed a marked rebound after months of weakness, partly reflecting optimism that supply‑chain disruption and market‑sentiment damage from the Middle East war will eventually dissipate after Iran and the US recently signed a memorandum of understanding.