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International Relationship
-President Xi Jinping held phone talks with US president Donald Trump with mutual agreement achieved on new round of talks, CCTV repoted.

Financial
-PBoC will conduct 1-trillion-yuan outright reverse repo operation on June 6 to maintain ample liquidity in the banking system.

Sector News
-Indonesian government is assessing feasibility of purchasing China made Jian-10 fighter planes, said by vice head of Indonesian ministry of defense.

Co Focus
-Huawei Pura 80 Pro+ and Pro are open for reservation on June 5 and saw booked purchase over 630k units as of 14:45.

Data
-China May prelim retail car sales rise 13% y/y and 10% m/m. NEV sales rose 30% y/y and 14% m/m, according to PCA.

June 5 Block Trade Info
*Discount
-HAJIME ADVANCED MATERIAL TECHNOLOGY (301000 CH) saw 9 block trades worth 32.36mn at 39.48yuan per share,15.77pct discount from last closing.

*Flat
-ST REDPHASE  INSTRUMENTS (300427 CH) saw 1 block trade worth 54.54mn at 6.06yuan per share,flat from last closing.

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