ECB Vice President Guindos: The main impact of our tightening policy is expected to be felt gradually this year and beyond.

HKEX announced the appointment of five new members to the Listing Committee with immediate effect.

European Central Bank Vice President Guindos: The unusual level of uncertainty about the downward trajectory of inflation over the medium term is starting to ease.

European Central Bank Vice President Guindos: The service sector is now an important driver of inflation.

ECB Vice President Guindos: So far, our unprecedented policy rate hikes have passed through to tighter funding conditions and we are now starting to see some impact on the real economy.

ECB Vice President Guindos: Our work is not done.

Yuzhou Group: Contract sales in June were 1.95 billion yuan.

Deputy Governor of the Russian Central Bank: Russia may experience seasonal monthly deflation in August-September.

Swiss Federal Council: The defense ministers of Switzerland, Germany and Austria sign a memorandum of understanding on participation in the European Sky Shield project.

The Hungarian parliament approves the 2024 budget.

HKEx filing: HSBC repurchased 2.4 million shares for HK$144 million on July 6.

Czech Prime Minister Fiala: The Czech Republic will donate more attack helicopters to Ukraine.

U.S. stocks of new energy vehicles fell before the market. Xiaopeng Motors (XPEV.N) fell more than 2%, Li Auto (LI.O) fell more than 1%, and Tesla (TSLA.O) fell nearly 1%.

The euro rose 0.1 percent to 23.92 against the Czech crown, its strongest since March 21.

Popular Chinese concept stocks and U.S. stocks rose before the market. Baidu (BIDU.O) rose 1.38%, JD.O (JD.O) and Bilibili (BILI.O) rose nearly 1%.

London Metal Exchange (LME): Copper inventories decreased by 2,200 tons, aluminum inventories decreased by 2,800 tons, nickel inventories decreased by 60 tons, lead inventories increased by 1,175 tons, tin inventories increased by 225 tons, and zinc inventories decreased by 800 tons.

Italian retail sales in May rose 3% from 3.20%.

The seasonally adjusted retail sales rate in Italy in May was 0.7%, expected to be -0.20%, and the previous value was 0.20%.

Czech Prime Minister Fiala said on the issue of freezing Russian assets: We are discussing how to use these assets for the reconstruction of Ukraine.