China's Shanghai crude (SC) main contract narrowed gains, trading up 5.25% at 593.5 yuan per barrel after earlier jumping more than 7%. Low-sulfur fuel oil (LU) rose 2.14% to 5,010 yuan/ton; fuel oil gained 2.24% to 3,930 yuan/ton.

Shipping data show Danish-flag product tanker TORM INNOVATION is carrying a cargo of napatha bound for Japan.

HKEX published a consultation-summary, receiving 73 responses. All previously proposed measures were broadly supported and will be adopted with minor revisions. For different voting-rights/dual-class share structures, market-cap thresholds are cut to ≥HK$20 bln, or ≥HK$6 bln with audited revenue ≥HK$600 mln in the most recent fiscal year. If market cap at listing is ≥HK$40 bln, the voting-rights ratio cap can be raised to 20:1. The confidential (non-public) listing-application route will be extended to allow all new applicants to submit applications confidentially.