乌克兰内政部长顾问：乌克兰首都基辅目前遭到俄罗斯多轮弹道导弹打击，基辅各地传出爆炸声。

On the 5th (local time) the public farewell and mourning for the late Supreme Leader Khamenei entered its second day in Tehran. Around 0800 local time thousands gathered at the Imam Khomeini Mosque for funeral prayers for Khamenei and four of his slain relatives. Government and military officials and some foreign delegations attended; IRGC commander Vahidi was present.

Citic Securities says two recent narrative shifts could catalyze a recovery in some non‑AI sectors with earnings support. First, markets are re‑examining Fed policy assumptions and are no longer uniformly pricing a pre‑set hawkish tightening path; a reversal of the tightening/strong‑dollar narrative has eased negative sentiment in non‑AI names. Second, controversy around Meta underscores low market tolerance for negative AI news and suggests downstream players need richer monetization models to justify aggressive upstream investment. Citic also expects outflows from broad A‑share ETFs to ease materially — a key liquidity margin change. The combination of a softer rate‑hike narrative and improved liquidity could spur selective recovery in fundamentally supported non‑AI sectors.