Nikkei reports JERA, Japan's largest power company, plans to build a large gas-fired power plant in the US.

China equity index futures at midday: CSI 300 index futures (IF) most-active contract up 2.69%; SSE 50 index futures (IH) +2.74%; CSI 500 index futures (IC) +1.60%; CSI 1000 index futures (IM) +0.22%.

U.S. Vice President Vance said in Switzerland on the 22nd that Washington has set up coordination and communication mechanisms to prevent further escalation of conflict in the Middle East and that the mechanism has begun to show results. He said Lebanon's situation has eased recently, with the past 24 hours among the calmest periods in some time and the preceding 24 hours also relatively stable. Vance warned that continued escalation would not enhance parties' security and could worsen regional stability.