SpaceX (SPCX.O) shares climbed to an intraday high of $170, more than 25% above the IPO price.

Guangzhou released its Commerce Development 15th Five-Year Plan (public consultation draft), targeting annual transaction volume in specialized markets to exceed 2 trillion yuan by 2030 to consolidate its role as a core platform of an international trade center. The draft aims to establish 30 public-service platforms for specialized markets by 2030 and estimates direct and indirect employment effects of about 2.2 million across trade services, innovation and entrepreneurship, cultural-tourism consumption and logistics support.

China A-shares rose at midday: Shanghai Composite +1.56%, Shenzhen Composite +1.69%, ChiNext +1.27% after an early jump above 2%. Gold sector led gains — Zhaojin Gold hit limit-up and Xiaocheng Technology rose over 9%. Aerospace names strengthened with Chenxi Aviation, AVIC High-Tech, Beimo Hi-Tech and Zhongtian Rocket among stocks at limit-up. Minor metals outperformed; tungsten and rare-earth permanent-magnet plays led, with Xiye, Jinmo and Shenglong at limit-up. Coal, batteries, lab-grown diamonds, brokers and diversified financials also outperformed. MLCC, helium, advanced packaging, photoresist and glass/fiberglass were laggards. Turnover on Shanghai and Shenzhen was about 2.06 tln yuan at midday, up roughly 465.6 bln yuan versus the same period yesterday; roughly 4,500 stocks advanced and 900 declined.