A committee of Switzerland's Council of States has delayed its decision on capital rules for UBS Group.

China International Capital Co (CICC) said recent gains in traditional sectors may not be sustainable and evidence of a style rotation is insufficient. CICC remains firmly bullish on the AI and technology growth theme. If a tech-led rally persists, both Chinese and U.S. equities could perform well in H2. CICC recommends overweighting A-shares and Hong Kong equities and maintaining market weight on U.S. equities.

納斯達克中國金龍指數擴大跌幅至3%，嗶哩嗶哩(BILI.O)跌超5%，網易(NTES.O)跌近4%。