Canada's prime minister Carney said Canada will spend nearly C$2 bln to purchase armored combat-support vehicles from General Dynamics.

A-shares closed lower: Shanghai Composite -1.85%, Shenzhen Composite Index -1.97%, ChiNext Index -2.95%. Combined turnover on the Shanghai and Shenzhen exchanges exceeded 2.4 trillion yuan; more than 2,300 stocks advanced. Pharmaceuticals outperformed and cinema chains staged an intraday recovery, while the semiconductor chain broadly weakened—semiconductor equipment continued to fall and memory-chip names extended losses. Shenghui Jicheng and Demingli hit limit-down for a second consecutive day; GigaDevice (Zhaoyi Chuangxin) hit the limit today.

A meeting co-hosted by the Guangdong provincial government and the China-ASEAN Center took place in Guangzhou today to promote trade and align supply-chain cooperation mechanisms. China-ASEAN Center Secretary-General Zhang Lizhong said the Center will deepen multi-sector cooperation with Guangdong, leveraging the province’s manufacturing, technology-innovation and openness advantages to support development of the China‑ASEAN comprehensive strategic partnership.