A-share STAR 50 Index fell more than 2% after earlier rising over 1%.

The US Federal Communications Commission announced import restrictions on foreign-made advanced robots, including humanoid robots dominated by Chinese firms. CHINA said at a routine briefing on the 29th it firmly opposes US moves to broaden national security claims to target Chinese firms, warned protectionism will not raise US competitiveness and will harm US companies and consumers, and said China will take necessary measures to defend Chinese companies' legitimate rights and interests.

NYT, citing Iranian and Western officials, reports Tehran considered a retaliatory strike on a Ukrainian seaport after Kyiv struck an Iranian commercial cargo ship in the Caspian Sea last Saturday, killing one crewman. Sources said Iran was expected to launch a ballistic missile with a small warhead at a Black Sea port for symbolic effect with limited damage. Following Ukrainian diplomatic outreach, Iranian foreign minister Araghchi spoke by phone with his Ukrainian counterpart; Araghchi said Ukraine’s foreign minister described the attack on the vessel as unintentional, and diplomatic contact has temporarily eased the threat.