The Political Bureau of the CPC Central Committee: Deepen comprehensive reform of investment and financing in the capital market, and enhance the resilience and confidence of the capital market.

[SMM Lead Morning Brief: US dollar index declines, LME lead jumps to a one-month high] SMM, July 30 – Overnight, LME lead opened at $1,889/mt. Trading was sluggish during Asian hours, and LME lead mostly consolidated between $1,886 and $1,892/mt...

US Fed announced for the fifth consecutive time this year to maintain interest rates unchanged.

Ministry of Commerce: "Insufficient domestic demand in China causes overcapacity" does not reflect facts

[SMM Lead Morning Brief: Bears Increase Short Covering, SHFE Lead Gradually Recovers Earlier Losses] SMM, July 28: Overnight, LME lead opened at $1,891.5/mt, then plunged in early trading, hitting a low of $1,880.5/mt, although the decline was later somewhat repaired...

[SMM Tin Morning Brief: SHFE tin consolidates on a strong note, tin price stands at 418,000 yuan/mt]

In June, the steel industry achieved a profit of 13.6 billion yuan.

[SMM Tin Morning Brief: Dense Macro Event Window, Low Inventory Support Pattern Unchanged]

The Ministry of Water Resources and the China Meteorological Administration jointly issued a red mountain torrent disaster meteorological warning at 18:00 on July 26. It is forecast that from 20:00 on July 26 to 20:00 on July 27, there is a high probability of mountain torrent disasters (orange warning) in parts of western and southern Jiangxi, southeastern Hunan, central and northern Guangdong, central and northern Sichuan, western Shaanxi, southern and eastern Gansu, and southeastern Xinjiang, among other areas. In some localities of southern Jiangxi and central and northern Guangdong, the probability is very high (red warning). Other areas may also experience mountain torrent disasters triggered by localized short-duration heavy rainfall. All localities are advised to carry out real-time monitoring, flood prevention warnings, and evacuation and risk avoidance measures.

According to CAAM statistics, in June 2026, sales of Chinese-brand passenger vehicles reached 1.812 million units, up 7.3% MoM and up 6.2% YoY, accounting for 75.5% of total passenger vehicle sales, with the market share up 8.2 percentage points YoY.