Group 1 - The National Healthcare Security Administration and the National Health Commission issued measures to support the high-quality development of innovative drugs, including their entry into the basic medical insurance drug list and the establishment of a commercial health insurance innovative drug list [1] Group 2 - The Caixin China Manufacturing Purchasing Managers' Index (PMI) for June recorded 50.4, an increase of 2.1 points from May, returning above the critical point [2] Group 3 - According to the National Film Administration, the box office for the first half of 2025 is projected to be 29.231 billion yuan, with 641 million viewers, representing year-on-year growth of 22.91% and 16.89% respectively, and domestic films accounting for 91.2% of the box office [3] Group 4 - The domestic fuel surcharge for air routes will increase by 10 yuan starting July 5 [4] Group 5 - As of the midday close, the Shanghai Composite Index rose by 0.21%, while the Shenzhen Component Index fell by 0.32%, and the ChiNext Index decreased by 0.58% [5]

Group 1 - The Caixin China Manufacturing Purchasing Managers' Index (PMI) for May recorded 48.3, a decrease of 2.1 percentage points from April, marking the first drop below the critical point since October 2024 [1] - The Shenzhen Stock Exchange announced a scheduled adjustment of sample stocks for indices such as the Shenzhen Component Index and ChiNext Index on June 16, 2025 [2] - The All-China Federation of Industry and Commerce's Automotive Dealers Chamber issued a proposal to firmly resist "involution" competition primarily characterized by "price wars" [3] Group 2 - During the Dragon Boat Festival holiday, the National Immigration Administration reported that border inspection agencies facilitated a total of 5.907 million entries and exits for domestic and foreign personnel, averaging 1.969 million per day, which is a 2.7% increase compared to the same period last year [4] - As of the midday close, the Shanghai Composite Index rose by 0.48%, the Shenzhen Component Index increased by 0.35%, and the ChiNext Index gained 0.73%. The Hang Seng Index rose by 1.13%, while the Hang Seng Tech Index increased by 0.59% [5]

Core Viewpoint - The Caixin China Manufacturing Purchasing Managers' Index (PMI) for April dropped to 50.4, marking the lowest level in three months and indicating a slowdown in manufacturing expansion [1] Group 1 - The April PMI decreased by 0.8 percentage points compared to March [1] - The current PMI reading of 50.4 suggests that the manufacturing sector is experiencing a deceleration in growth [1]