NBS: Shenzhen new home prices in June MoM +0.3% (May +0.4%); YoY -3.6% (May -4.5%).

German carrier Hapag-Lloyd said on Tuesday charging fees on vessels transiting international waters in the Strait of Hormuz is "fundamentally wrong." The comment followed US President Trump saying he would reinstate a naval blockade of Iran and impose a 20% fee on all cargo transiting the Strait of Hormuz. Hapag-Lloyd said it could not accurately quantify the financial impact of heightened Gulf tensions on its business.

CATL will hold a board meeting on July 24, 2026 to consider and approve its and its subsidiaries' interim results for the six months ended June 30, 2026 and their release.