U.S. Treasury Secretary Bessent said no one should be making predictions about the Fed's dot plot.

PTA2609 futures weakened intraday, down 4.91% to 5,460 yuan; turnover exceeded 12.4 bln yuan. Traders cut positions by about 8,400 lots during the session, leaving open interest slightly lower.

SoftBank chairman Masayoshi Son told shareholders UK chip design firm Arm (ARM.O) will evolve from a designer into a chip provider and that he will personally take part in its manufacturing. He predicted the AI era will be CPU-centric and said Arm still has more than 10x growth potential. Son added SoftBank’s roughly JPY300 billion investment in Intel, once controversial, has generated market-value gains amounting to tens of trillions of yen.