July 14, Monday

High-Level Voices: 
The National Bureau of Statistics announced that it will suspend the release of urban unemployment rate data starting from August 2025.

Overall Sentiment: 
On Friday, the A-share market surged with high trading volume, breaking above the 3500 mark. However, the banking sector fell 2.36%, showing a seesaw pattern with the broader market. The main sellers in the banking sector were insurance companies, while retail investors and other institutions drove other sectors. 
The National Bureau of Statistics explicitly stated it will no longer release unemployment rate data, likely a result of inter-departmental conflicts. The Bureau, responsible only for reporting data, faced pressure when the data didn't meet other departments' expectations but refused to take the blame for altering it. The outcome is the disappearance of this data.