Trump reiterated that Iran must never be allowed to possess nuclear weapons.

Channel checks at Hangzhou’s Bainaohui computer mall show upstream storage-chip price rises have been passed through to consumers: memory modules and SSDs have surged, with some models doubling. 1TB SSDs have climbed from about 500 yuan to roughly 1,000 yuan; PS5-compatible 8TB SSDs are trading near 20,000 yuan. Dealers report reduced willingness to stockpile. The price surge, driven by structural AI compute demand crowding out capacity, is expected to persist through 2027.

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%.