According to CNN, US President Trump will hold a phone rally next Monday for Darlene Graham, sister of the late Senator Lindsey Graham.

WTI原油日内下跌1.00%，现报76.60美元/桶。

The Shenzhen and Shanghai stock exchanges have opened a consultation to tighten LOF arrangements, proposing classified triggers and procedures for terminating LOF listings. Under authorization of the Fund Law, the exchanges would supplement the Fund Listing Rules to specify delisting cases, procedures, risk‑disclosure requirements and institutional responsibilities, aimed at addressing high‑premium on‑exchange speculation in LOFs. Market estimates indicate roughly 125 LOFs could be affected, with combined on‑exchange AUM around 26 bln yuan; about 91 are small‑scale LOFs with combined on‑exchange size near 300 mln yuan, so the overall number and scale appear limited. Exchanges note delisting does not equate to fund liquidation, will not alter normal investment operations, and does not affect off‑exchange holders’ subscription/redemption rights. On‑exchange holders can transfer to off‑exchange custody during a transition or redeem/sell on‑exchange; after delisting holders can still redeem via on‑ or off‑exchange distribution channels. The exchanges say delisting will not involve funds net‑selling underlying equities and should have limited direct impact on underlying markets.