China A-share Tencent Cloud-related names opened lower and then rallied; Ruijie Networks jumped over 11% and Huaqin Technology rose more than 8%, with Hongjing Technology, Digital China and Century Huatong also higher. Tencent Cloud executives said at a World Artificial Intelligence Conference subforum they will deploy domestically produced compute at scale to minimize inference costs.

海力士表示，目前没有收购英特尔俄亥俄州芯片工厂的计划。

Foreign Ministry spokesman Lin Jian said at a routine briefing that China has taken a stern position on the recent China–Philippines maritime incident and described the actions as deliberate provocation by Philippine military and police. Asked whether the incident would affect Beijing’s peripheral diplomacy or Foreign Minister Wang Yi’s agenda at ASEAN foreign ministers’ meetings in Manila, Lin said China’s neighboring-diplomacy policy remains unchanged and that East Asian cooperation platforms are not venues for bilateral maritime disputes. He urged the Philippines, as ASEAN rotating chair, to promote dialogue and cooperation rather than put political self-interest above regional peace and stability, adding that those behind the provocations are obvious.