Total Energy executive: The company will use 30% of its capital expenditure to build an integrated power business.

Petronas CEO: Preparations are underway for Malaysia to handle imported LNG at some point.

According to Israeli media reports, a new round of missile attacks launched by Iran on Tel Aviv and Haifa in Israel killed seven Israelis and injured more than 132 people.

Saudi Aramco CEO: History has proven that when conflicts occur, the importance of oil and gas cannot be underestimated. We are witnessing real-time threats to energy security.

On June 16, CICC published a report, raising the target price of X.D. Inc. (02400.HK) by 51% to HK$55.5, with an investment rating of "outperforming the industry". CICC said that considering the outstanding overseas performance of "Isher" and "RO", the net profit attributable to the parent company in 2025/26 was raised by 21% to RMB 992 million/1.075 billion. The current share price corresponds to a 2025/26 P/E ratio of 19/17 times.

On June 16, in the first quarter of 2025, the market supervision department organized special actions such as intellectual property law enforcement to further strengthen the governance of key areas, key commodities, and key markets, actively play the deterrent role of administrative law enforcement, effectively protect the legitimate rights and interests of right holders and consumers, maintain the market economic order, and create a good business environment. In the first quarter, various special actions investigated and dealt with nearly 113,000 related cases, including 8,000 cases of trademark infringement and counterfeit patents, and carried out about 16,000 law enforcement actions against key physical markets with high incidence of infringement and counterfeiting.

Zeekr announced that the 500,000th mass-produced car rolled off the assembly line.

The Hang Seng Index turned positive, with the Hang Seng Tech Index rising 0.35%. Chow Tai Fook (01929.HK) rose more than 6%, leading the constituent stocks.

According to Israeli media: Iranian missiles attacked Nevatim Air Base near Tel Aviv.

Japanese Chief Cabinet Secretary Yoshimasa Hayashi: Calls for calm on the situation in the Middle East.

Japanese Chief Cabinet Secretary Yoshimasa Hayashi: Expressed concern about retaliation in the Middle East.

According to Israeli media: At least 25 residents were injured after an Iranian missile directly hit a building in Tel Aviv.

According to Iranian state media: In the latest round of attacks, Iranian missiles hit Haifa in Israel.

June 16th news, in May, urban consumer goods retail sales of 3605.7 billion yuan, a year-on-year increase of 6.5%; rural consumer goods retail sales of 526.9 billion yuan, an increase of 5.4%. From January to May, urban consumer goods retail sales of 17649 billion yuan, an increase of 5.1%; rural consumer goods retail sales of 26681 billion yuan, an increase of 4.9%. In May, commodity retail sales of 3674.8 billion yuan, a year-on-year increase of 6.5%; catering revenue of 457.8 billion yuan, an increase of 5.9%. From January to May, commodity retail sales of 18039.8 billion yuan, an increase of 5.1%; catering revenue of 2277.3 billion yuan, an increase of 5.0%.

According to June 16th news, in May, the added value of industrial enterprises above designated size increased by 5.8% year-on-year. From a month-on-month perspective, in May, the added value of industrial enterprises above designated size increased by 0.61% over the previous month. From January to May, the added value of industrial enterprises above designated size increased by 6.3% year-on-year. In terms of products, in May, the output of 326 of the 623 products of industrial enterprises above designated size increased year-on-year. Among them, steel products were 127.43 million tons, a year-on-year increase of 3.4%; cement was 165 million tons, a decrease of 8.1%; ten non-ferrous metals were 6.83 million tons, an increase of 2.9%; ethylene was 3.03 million tons, an increase of 14.4%; automobiles were 2.642 million, an increase of 11.3%, of which new energy vehicles were 1.245 million, an increase of 31.7%; power generation was 737.8 billion kWh, an increase of 0.5%; crude oil processing was 59.11 million tons, a decrease of 1.8%.

Israeli military: At least 10 Iranian missiles were not intercepted in attacks on Tel Aviv and Haifa.

Hong Kong-listed JunGao Holdings (08035.HK) resumed trading today and rose more than 100%. The company received a cash offer from Pacific Crouch.