The latest official data shows China's manufacturing sector expanded slightly in June.

The Purchasing Managers' Index (PMI) for the manufacturing sector came in at 50.3% for June, up from 50% in May and surpassing market expectations.

In the financial markets, liquidity conditions showed some fluctuations over the past week.

Following a period of ample liquidity in the interbank market, conditions tightened marginally mid-week as the central bank conducted substantial routine withdrawals of funds at the start of the month.

This led to a noticeable increase in overnight funding rates, though the seven-day repo rate edged slightly lower.

By the end of the week, conditions had eased again, with key money market rates declining.

Globally, significant investment announcements in the technology sector captured attention.

South Korea's President is set to unveil a large-scale investment plan focused on artificial intelligence and semiconductors, with a total value potentially exceeding 1,000 trillion won.

Major Korean conglomerates, including Samsung and SK Group, have separately outlined substantial multi-year investment blueprints, with combined commitments surpassing 4,800 trillion won.

In Europe, inflation data for the eurozone came in lower than anticipated.

The preliminary Harmonised Index of Consumer Prices (HICP) for June showed a year-on-year increase of 2.8%, below the forecast of 3%.

Following this release, financial markets slightly reduced their expectations for further interest rate hikes by the European Central Bank this year.

Domestically, alongside the manufacturing PMI, China's non-manufacturing business activity index registered 50.2% for June, indicating continued expansion in the services and construction sectors.

The composite PMI output index stood at 50.6%.

Analysts note that emerging industries continue to be a key driver of manufacturing growth, while a similar sectoral divergence is evident within the services industry.

Looking ahead, against a backdrop of an uneven economic recovery, traditional sectors of the economy may still face downward pressure.

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