IRNA: Iran says negotiations on a final agreement have not begun.

A-shares closed mixed: Shanghai Composite, which rose over 1% intraday, ended up 0.44%; Shenzhen Composite Index fell 0.53% and ChiNext Index dropped 1.89% after a weak open. Turnover exceeded 3.5 trillion yuan and more than 4,000 stocks advanced. Large financials led gains, with brokerages, insurers and internet finance rallying. Innovative drug stocks recovered from session lows; livestock and baijiu outperformed. Technology names retreated in the afternoon; CPO, optical-fiber and high-speed copper-cable concepts were among the biggest decliners. Photovoltaic equipment remained weak all day; Sungrow fell 13.9%.

The Trump administration told New York on Tuesday it will stop funding the state’s Medicaid Fraud Control Unit, citing poor performance and a comparatively low number of criminal referrals, the U.S. Department of Health and Human Services said in a letter to Attorney General Letitia James. HHS warned the funding cut could jeopardize New York’s eligibility for federal Medicaid dollars for low‑income healthcare services. The Medicaid Fraud Control Unit, overseen by the attorney general, investigates and prosecutes provider fraud.