Hong Kong stocks closed higher. Hang Seng Index rose 1.14%; Hang Seng Tech gained 0.94%. Innovative-drug sector led gains: China Biopharma (01177.HK) +6.5%, Kuaishou Technology (01024.HK) up nearly 8%, Tencent Holdings (00700.HK) +4.8%.

A building collapsed in Mumbai, India, on the 5th (local time), killing at least six people.

Broadcom (AVGO.O) said it has agreed with Apple (AAPL.O) to extend their chip partnership through 2031 to co-develop and supply a range of custom chips. Broadcom has long been a key supplier to Apple, providing custom RF components for iPhone, Wi‑Fi and Bluetooth connectivity chips and other networking semiconductors. Analysts estimate Apple accounts for a large share of Broadcom’s annual revenue and is a core contributor to its semiconductor business.