Passive index bond funds in China rose to CNY1.962 tln at end-Q2 2026, up CNY354.24 bln QoQ (+22.04%), Huafu Securities data show. Penghua Fund’s bond index funds reached CNY79.22 bln at end-Q2 after CNY11.27 bln in quarterly growth; six Penghua bond index funds now exceed CNY5 bln and three exceed CNY10 bln in size.

China's domestic futures main contracts opened mostly lower. Plastics' month-to-date average fell over 5%; fuel oil down nearly 4%; SC crude futures down more than 3%; iron ore down nearly 3%. Ethylene glycol, styrene and lithium carbonate declined over 2%; benzene fell about 2%; low-sulfur fuel oil (LU) down over 1%. On the upside, polysilicon rose more than 2%; p-xylene, propylene, PTA and polypropylene month-to-date averages were up over 1%; short fiber, Shanghai zinc and Shanghai tin gained roughly 1%.

China A-share battery chemicals sector jumped briefly; Weiertai hit the daily limit, with Jihechang, Tianhua Xinneng, Fengyuan Co., Shidashenghua and Haike Xinyuan also higher.