BANK OF JAPAN Governor UEDA said Policy Board members hold differing views on the inf outlook and he hopes the board can reach some conclusion starting at the next monetary policy meeting.

A-shares: Shanghai Composite rose more than 1%; Shenzhen Composite gained 3.75%; ChiNext advanced over 6%; STAR 50 Index jumped more than 7.4%. CPO-related sectors and other stocks staged a broad rebound.

At midday, Shanghai Composite +0.76%, Shenzhen Composite Index +3.16%, ChiNext +5.04%, Beijing Stock Exchange 50 +3.4%, STAR 50 Index +5.91%. Combined Shanghai/Shenzhen turnover in the first half-day was 1.79 tln yuan, up 332.3 bln yuan vs. the prior session; more than 4,500 stocks advanced. AI-hardware plays led the rally: the memory-chip sector opened strong with several names up over 10%, and robotics and compute-rental stocks pushed higher with multiple limit-ups. C Changxin’s market cap briefly exceeded 4 tln yuan intraday as the share price rose over 14% to 60.49 yuan, a record high. Large-cap financials lagged: Agricultural Bank fell over 4%, with Bank of China, Bank of Ningbo, Bank of Communications and ICBC also weaker; insurers China Pacific Insurance and Ping An dropped more than 2%, followed by PICC and China Life.