Sources say supply-chain software maker SPS Commerce is exploring a sale and has hired Morgan Stanley to advise. SPS Commerce shares were up more than 7%.

A-share panel stocks active: Kaisheng Technology extended gains to fresh intraday highs; Rainbow Co. hit the daily limit; Bayi Shikong rose over 10%. Huasu Holdings, Shenhuafa A and Tongxingda also climbed.

MOFCOM and eight other ministries issued measures to cultivate and expand the automotive aftermarket. The ministries will coordinate implementation with auto circulation and consumption reform pilots, and quickly resolve difficulties raised by localities and firms. Regions must establish work mechanisms, ensure measures are implemented, and guide pilot cities with resource support and existing fiscal funding channels to develop automotive aftermarket service consumption scenarios. Pilot cities for new consumption formats, models and scenarios are encouraged to include eligible consumption scenarios in their support scope, focus on priority directions, complete pilot tasks promptly, and produce replicable, promotable experience to grow aftermarket consumption.