China Stock Markets Post Mixed Gains; Hang Seng Tech Up 3.7% on June 29 Morning

On the morning of June 29, China's A-share markets posted mixed results, with the ChiNext index down 1.28% and the CSI 300 index up nearly 2%, while medical and consumer stocks strengthened. In Hong Kong, the Hang Seng Index advanced 2.1%, with the Hang Seng Tech Index rising 3.7% and the Hang Seng Biotech Index surging over 7%.

Meanwhile, the People's Bank of China conducted a 300 billion yuan overnight reverse repurchase operation. The Chinese Ministry of Commerce added 20 Japanese entities to its export control list.