H1 bond underwriting rankings released. Wind data show CITIC Securities retained the top spot by total underwriting; Guotai Haitong and CSC Financial ranked second and third. The top five brokers accounted for more than half of total underwriting, underscoring rising market concentration. Brokers are targeting expansion in Sci‑tech innovation bonds and industrial bonds to channel financial liquidity into the real economy.

The Russian Defence Ministry said on June 5 that Russian and Ukrainian intelligence services discussed transferring the bodies of Ukrainian soldiers killed in Konstantinovka, and that Kyiv rejected Moscow’s proposal. Moscow had on June 4 offered a humanitarian operation to hand over the remains and requested Ukrainian forces to halt shelling of Konstantinovka on June 6 between 12:00 and 18:00 Moscow time; Kyiv was asked to decide by 12:00 Moscow time on June 5. Ukraine has not responded.

China International Capital Co (CICC) says after global inventory builds and deep price falls in 2023–25, 2026 could mark a cyclical inflection for agricultural commodities. Price bottoms across categories appear set, creating an easier-to-rise-than-fall dynamic; CICC judges H2 2026 likely lacks a basis for a fresh one-way decline as costs form a floor, supply contraction becomes entrenched, weather may add episodic shocks, and demand opens up. Sector performance ranking: oilseeds and vegetable oils, cotton, natural rubber, sugar > soybeans, corn. Q2 valuations have corrected to reasonable levels; CICC recommends medium-to-long-term buy-the-dip positioning to capture phased recoveries and trend upside.