Hong Kong stocks: Hang Seng Index rose over 1% in afternoon trade; Hang Seng Tech Index up more than 1.6%. Xiaomi Group (01810.HK) jumped over 8%; Laopu Gold (06181.HK) gained nearly 6%.

China’s Ministry of Industry and Information Technology sent its Equipment Industry Division to inspect GAC Aion and XPeng’s Zhaoqing unit for vehicle product-safety assurance and production consistency. Market rumors link the sweep to quality issues with Zhongchuang Xinhang’s 177Ah LFP cell used in Aion S-series vehicles, which have been reported to exhibit swelling, leakage and sudden power loss; Zhongchuang Xinhang supplies both Aion and XPeng. An Aion insider said they had not been told of a definitive link and that the visit appears to be a broader industry inspection; a XPeng insider said the checks may extend beyond Guangzhou and cover most large automakers.

伊朗外交部发言人巴加埃：伊朗与阿曼就霍尔木兹海峡管理的谈判进展积极。