Several key events are set to influence markets in the coming week.

The June Loan Prime Rate (LPR) will be announced, a significant amount of reverse repos will mature, the Summer Davos Forum will open, and a large volume of restricted shares will become eligible for trading.

Major Economic Data and Policy Events

The People's Bank of China is scheduled to announce the June Loan Prime Rate (LPR) on Monday, June 22nd. In May, the LPR remained unchanged for the 12th consecutive month, with the 1-year rate at 3.0% and the 5-year rate at 3.5%.

Additionally, the National Bureau of Statistics will release the monthly report on industrial economic benefits on June 27th.

In terms of liquidity, data shows that approximately 1.94 trillion yuan worth of reverse repurchase agreements are set to mature in the open market next week, with varying amounts due from Monday to Friday. Furthermore, 300 billion yuan in Medium-term Lending Facility (MLF) funds will mature on Thursday.

Upcoming Conferences and Forums

The 2026 Summer Davos Forum is slated to take place in Dalian from June 23rd to 25th. This year's forum, themed "Scaling Innovation," will focus on cutting-edge fields such as artificial intelligence, new energy, biopharmaceuticals, and quantum technology, while also exploring new development opportunities for China's 16th Five-Year Plan period.

On June 25th, NVIDIA (NVDA) will hold its annual general meeting of shareholders.

Separately, the ARCE Asia Robotics Conference and Exhibition will be held in Guangzhou from June 27th to 29th, centering on the integration of AI and robotics and global collaboration.

Significant Lock-up Share Expirations

Next week, from June 22nd to 26th, restricted shares from 49 A-share companies will become eligible for trading, with a total market value of approximately 54.9 billion yuan based on the latest closing prices.

The companies with the largest expirations by value include Zhucheng Technology (6.64 billion yuan), Xinhenghui (5.83 billion yuan), and Guoke Military (4.54 billion yuan).

In the semiconductor sector, GIGADEVICE (603986) and Huahai Chenke have expirations valued at 407 million yuan and 2.18 billion yuan, respectively. Other notable expirations involve companies in optical communication chips, advanced packaging, and PCB manufacturing.

For GIGADEVICE, the expiration involves shares from an equity incentive plan. The company recently announced the results for the second exercise period of its 2024 plan, with 1.25 million shares exercised. The stock has seen significant gains, rising nearly fivefold since the start of 2025.

New Share Listings

Two new share offerings are scheduled for next week. Huarun New Energy is set to list on the Shenzhen Stock Exchange's main board, while Yikun Electric will list on the Beijing Stock Exchange.