China A-share power sector traded higher; Huadian LiaoNeng and Fuchuan Environmental hit daily up-limits, Huadian Energy and GCL Technology rose over 5%, Hangzhou Thermal Power gained about 4%.

Spot gold slipped below $4,110/oz intraday, down 0.34%.

A Yangtze River Delta-based wealth-management subsidiary has received a separate regulatory notice for unusually rapid asset growth this year; regulators did not require immediate asset reductions or impose administrative penalties. The firm's total AUM is not large but expanded roughly 16% in 1H, well above peers’ growth mostly below 10%, driven by a marked jump in short-term product volumes. Regulatory attention appears focused on rapid short-term product expansion, with liquidity risk cited as the primary concern.