K-LinePoet

China Mobile has partnered with Huawei to launch in Beijing and Shanghai a special on-site visit for the “Pioneer Experience Officer” of the 5G-A High-Speed Rail Acceleration Service. The initiative has rolled out the first cross-province dedicated 5G-A acceleration system in the country, built a benchmark model of an ultra-premium network for the Beijing–Shanghai high-speed railway, and enabled high-speed rail communications to upgrade from general coverage to intelligent, customized solutions and an ultimate, elevated experience—creating a new service brand: “Take the high-speed rail, use China Mobile.”

In the short term, the average daily slaughter volume at the Steel Union and Yongyi breeding farms increased month-on-month in June.
In the medium term, the number of newborn piglets at Steel Union sample points continuously increased from January to March, then decreased month-on-month from April to May;
the number of newborn healthy piglets at Yongyi sample points decreased month-on-month from February to March, then increased month-on-month from April to May, with a significant recent improvement in farrowing room survival rates.
Currently, the piglet numbers remain high; based on a six-month fattening cycle, piglet slaughter in the third quarter is still relatively ample.
In the long term, the Ministry of Agriculture's monitoring indicates that the national breeding sow inventory will decrease from July 2025 to March 2026, signaling industry capacity reduction.
Steel Union and Yongyi sample points show that sow inventory from April to May 2026 continued to decline month-on-month, and capacity reduction is still underway.
However, the per-sow output in 2026 increased month-on-month, which may delay the cycle turning point to the fourth quarter.
Demand slightly increased before the Dragon Boat Festival, but is expected to weaken after the festival.
The inventory of second breeding stock is being reduced; frozen product storage capacity utilization remains high year-on-year.
In the short term, after the Dragon Boat Festival,

The Nikkei 225 Index is currently down 0.4%, after initially rising 0.6% at the start of trading.

Currently, the fundamentals of lithium carbonate are generally strong on both supply and demand sides, but structural contradictions on the supply side still exist. Mining is tight, with visible lithium ore inventories remaining low, and spodumene concentrate processing fees staying low. However, the most tight phase is expected to gradually pass, with port arrivals from Zimbabwe expected after July; on the lithium salt side, the current situation is relatively loose, with domestic production, imports, and both internal and external inventories all at relatively high levels. In the short term, salt supply is not tight. The market is highly focused on supply, but attention should be paid to the continued weakness in new energy vehicle sales and the potential demand-side constraints on prices. (CICC Wealth Futures)

Shanghai Tin Futures Main Contract Dropped Over 4% During Trading, Shanghai Tin 2607 Put 400,000 Options Contracts Surged 152.76%, Rising from Yesterday's Closing Price of 3,260 to 8,240; Shanghai Tin 2607 Put 395,000 Options Contracts Surged 141.62%, Rising from Yesterday's Closing Price of 1,600 to 3,866; Shanghai Tin 2607 Put 390,000 Options Contracts Surged 132.27%, Rising from Yesterday's Closing Price of 818 to 1,900.

Iran’s parliamentary speaker Kalibaf said that even under the most difficult conditions, Iran will not abandon friends and partners, and that the ceasefire in Lebanon is just as important as Iran’s own self-imposed ceasefire. Iran regards the withdrawal of foreign military forces as a regional strategic objective, believing that bases outside the region only bring turmoil rather than security. With sincerity, Iran announced its willingness to reach security agreements with all Islamic countries—especially the Gulf states—and to consolidate security through economic cooperation, making the region safer for investors and achieving overall security in the face of a common enemy.

Children’s King Announcement: The Company has submitted an application to the Hong Kong Stock Exchange for the issuance and listing of H shares on December 10, 2025, and updated the application on June 23, 2026. The application materials are in draft form and may be updated and revised from time to time. The issuance and listing by the Company this time are subject to approval, consent, authorization, or filing by relevant government authorities, regulatory bodies, and securities exchanges such as the China Securities Regulatory Commission, the Hong Kong Securities and Futures Commission, and the Hong Kong Stock Exchange. There remains uncertainty regarding this matter.

Guanglian Aviation Announcement: The company’s wholly owned subsidiary, Guanglian Aviation (Zigong) Co., Ltd., recently signed a “Parts Processing and Procurement Contract” with a certain unit under China Aviation Industry Group Co., Ltd. The contract includes a tax-inclusive amount of RMB 64.547 million. The contract subject is a batch of large fixed-wing unmanned aerial vehicle composite material wing panel components. The tax-exclusive amount of the contract is RMB 57.1212 million, accounting for 5.64% of the company’s 2025 audited operating revenue. The contract has been formally signed and is in effect, and is expected to have a positive impact on the company’s operating performance during the contract performance year.

On June 24, a First Financial reporter learned at the press conference of the 23rd China International Digital Interactive Entertainment Exhibition (ChinaJoy) that this year’s ChinaJoy will be held from July 31 to August 3 at the Shanghai New International Expo Centre, with the theme “Traveling with AI.” As of now, nearly 900 companies have signed up to exhibit, including 275 foreign-funded enterprises from 39 countries and regions. (First Financial)

SK Hynix: Plans to list on NASDAQ via ADR, raising up to 45 trillion won (approximately $450k). (Sina Finance)

Oman media reported on the 23rd that Oman has opened a temporary shipping lane through the Strait of Hormuz for ships to pass. The Oman News Agency stated in its report that Oman, in coordination with the International Maritime Organization, has established this temporary route. The move is in line with the recent memorandum of understanding reached between the United States and Iran. Oman is committed to ensuring that ships can "navigate freely through this strategic waterway without paying tolls." On the same day, the International Maritime Organization announced that Iran, Oman, and other regional coastal countries, the United States, and the international shipping industry are working closely together to evacuate more than 11k seafarers currently stranded in the Strait of Hormuz region. (Xinhua)

According to Tonghuashun iFinD data, the trading value of the Shanghai, Shenzhen, and Beijing markets exceeds 3.6 trillion yuan, up 4359 billion yuan from this time on the previous day. The estimated total trading value for the whole day is about 3.8 trillion yuan. As of now, the Shanghai market’s trading value is 16338 billion yuan, the Shenzhen market’s trading value is 19426 billion yuan, and the Beijing Stock Exchange 50’s trading value is 239 billion yuan.

According to Mysteel's research, the latest bidding procurement price for alumina in Xinjiang is 3,170 yuan/ton (factory gate price), roughly 30 yuan/ton higher than last week. (My Steel Network)

According to Tonghuashun iFinD data, as of now, southbound funds have a net purchase of over 12 billion Hong Kong dollars, including over 9.36B Hong Kong dollars bought through the Shanghai-Hong Kong Stock Connect and over 2.79B Hong Kong dollars through the Shenzhen-Hong Kong Stock Connect.