Qatar's emir said an agreement between Iran and the U.S. still requires substantial work.

A-share morning trade: Shanghai Composite +0.06%, Shenzhen Composite Index +1.17%, ChiNext Index +2.05%, Beijing Stock Exchange 50 +1.63%. Combined turnover on Shanghai and Shenzhen 1.95 tln yuan, down 85.2 bln vs prior session. Market breadth strong with over 2,700 stocks advancing and more than 100 hitting daily limit up. Metal new materials rallied after a weak open; Ningbo Yunsheng and Zhongke Sanhuan hit daily limit, with Youyan Powder, Youyan Composite and Yunlu also rising. PCB sector extended gains; a dozen-plus components hit limits, led by Huazheng New Materials and Nuode on a second consecutive limit up. Lithium battery names climbed; Nuode and Haopeng Technology hit limits, while Zhuhai Guanyu, EVE Energy and Penghui Energy were among the leaders. Weakness concentrated in ports and shipping, led by COSCO Shipping Energy, Ningbo Port and Nanjing Port, and in coal mining/processing, led by Guanghui Energy, Diantou Energy and Pingmei Co.

China’s Ministry of Human Resources & Social Security, Ministry of Natural Resources, NDRC and Ministry of Transport issued a joint notice to support the marine economy and promote jobs. Measures target stabilizing and expanding employment in traditional marine sectors and developing modern fisheries, including support for modern marine ranches and distant‑water fishing bases. The notice prioritizes accelerating port and shipping infrastructure modernization and expanding maritime employment capacity, while fostering emerging marine industries — marine pharmaceuticals and bioproducts, energy exploration, seawater desalination and deep‑sea development — and creating and certifying related new occupations. It backs new marine services and business models (marine culture/creative products, high‑end tourism, shipping finance, insurance and arbitration) and the formation of high‑end shipping talent clusters. Employment support includes incentives for shipping firms to build in‑house crew: tax breaks and social‑security subsidies for newly hired eligible workers, and, for firms that avoid or minimize layoffs, application of job‑stabilization refunds and special loans for job retention/expansion, all implemented per existing rules.