German Chancellor MERZ opposes raising corporate taxes at the EU level and said the push to cut red tape must not lose momentum.

CSI 300 index futures (IF) main contract -2.48%; SSE 50 index futures (IH) main contract -0.93%; CSI 500 index futures (IC) main contract -3.31%; CSI 1000 index futures (IM) main contract -2.29%.

July 27 — Shanghai Guotou and the Shanghai branch of the Export-Import Bank of China signed a strategic cooperation memorandum to deepen strategic linkage between state capital and policy finance. The parties will concentrate policy-financial products on supporting key strategic projects, explore new investment-loan coordination models, and jointly cultivate new-quality productive capacity.