KOSDAQ jumped nearly 6% on heavy institutional buying, triggering the buy-side sidecar for a third consecutive session — the first time all three consecutive triggers have been buy-side. Institutional investors were the market driver, net buying KRW 543 billion; retail and foreign investors net sold KRW 258 billion and KRW 277 billion respectively. Institutions have recorded net purchases for three straight sessions, totaling over KRW 1 trillion. KOSPI, which dipped intraday, closed up just over

The Beijing Municipal Planning and Natural Resources Commission issued the city’s first municipal-level Underground Space Special Plan (2025–2035). The plan aims to coordinate above- and below-ground development to support Beijing’s high-quality growth and to build a multi-dimensional, safe, efficient, convenient and sustainable 3D livable city by 2035.

Industrial and Commercial Bank of China has restarted issuance of 5-year large-denomination certificates of deposit (CDs). Since July, Bank of China, Agricultural Bank of China, China Construction Bank and ICBC have each issued 5-year large CDs. Postal Savings Bank researcher Lou Feipeng says 5-year large CDs currently offer allocation value for low-risk investors. Large-denomination CDs support transfer and pledge, giving them better liquidity than ordinary time deposits.