Southbound Stock Connect net bought CNY 11.031 bln today. Via Shanghai Stock Connect, Tracker Fund of Hong Kong and Tencent were the largest net buys at HKD 4.75 bln and HKD 1.498 bln; SMIC was the top net seller at HKD 371 mln. Via Shenzhen Stock Connect, Alibaba-W and Tencent were net bought HKD 3.00 bln and HKD 935 mln; SMIC led net sales at HKD 692 mln.

The Fifth CCF Quantum Computing Conference and Greater Bay Area Quantum Science Forum opened in Shenzhen on the 3rd for a three-day session. Chaired by Chinese Academy of Sciences academicians Yao Qizhi (Turing Award) and Xue Qikun (National Highest Science and Technology Award), the event — described as mainland China's premier annual forum linking the innovation chain and industry chain — drew about 2,400 participants from roughly 1,000 universities, research institutes, leading firms, startups and venture investors. Under the theme “integration of quantum and intelligence; coalescing quantum and intelligent computing,” delegates will present frontier quantum results and press for deeper integration of quantum R&D with industry and academia.

President Trump said whether Iran admits it or not, we are discussing a solution to a problem they caused that has persisted for decades.