Haiqing Zhiyuan (01392.HK), a multispectral AI technology company, listed in Hong Kong today; the offering was oversubscribed more than 7,100x and the shares are trading up over 280%.

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U.S. Vice President Vance, at talks in Switzerland, said negotiations with Iran have made "significant" progress in recent hours and more gains are expected within hours. He said both sides now see "a shared future"; President Trump has urged a "new page" in relations with the Iranian people and has authorized pursuit of diplomatic solutions on a range of issues, though Vance questioned whether this can permanently reshape the Middle East balance. Saudi media reported Vance announced the Strait of Hormuz has been opened and that further steps are expected. Vance said substantial progress has been made toward a Lebanese ceasefire in recent days, while warning such pauses are often "messy"; Trump remains committed to a comprehensive regional ceasefire.