- 1015Z.KR Temporarily suspended its sole plant in Busan due to lack of semiconductor parts – Yonhap.
- (KR) Follow Up: South Korea Presidential Office: Meeting between President Moon and Japan PM Suga is still uncertain.
- (KR) South Korea sells KRW1.02T in 5-year bonds: avg yield 1.700% v 1.675% prior.
China/Hong Kong
Hang Seng opened -0.8%; Shanghai Composite opened -0.3%.
- (CN) China State Planner (NDRC) Approved CNY38.9B in fixed asset investments in June, total CNY246.4B in H1, fully confident in reaching annual economic and social development targets despite recovery still facing difficulties and challenges.
- (CN) China has signaled that Hong Kong is the preferred place for Chinese companies to IPO (not New York) and will exempt any Chinese company from requiring approval from cybersecurity regulatory body if they IPO in Hong Kong v other offshore markets – press.