The PBOC issued its '15th Five-Year Reform and Development Plan', calling to prudently advance high-level financial opening and promote RMB internationalization by expanding RMB use in cross-border trade and investment. The plan directs deeper two-way opening of financial markets, stronger cross-border connectivity of financial infrastructure, development of offshore RMB markets, and a multi-tier, broad-coverage RMB cross-border payments system. It also tasks accelerating Shanghai's build-out as

IRNA: Foreign Ministry spokesperson Baghaei said at a press briefing that Iran and Oman have not yet discussed fee details for a proposed new Strait of Hormuz shipping route and discussions are ongoing. He said the parties have agreed on route proposals but technical issues remain on a joint statement and are under negotiation. While fee details have not been settled, a mechanism will be set up to ensure safe navigation and to arrange environmental protection, maritime-service cooperation and anti-crime measures, and maritime services are expected to be compensated.

Early trading saw multiple previously high‑premium LOFs sell off. Global Chip LOF hit the down‑limit while its secondary‑market premium remained near 18%; SDIC Silver LOF fell over 8% intraday and its premium also breached ~18%. The moves followed a joint Shanghai and Shenzhen exchanges consultation draft issued last weekend that sets out two mandatory delisting scenarios for LOFs, explicitly targeting persistent high‑premium speculation, mini‑fund liquidity failures and price manipulation. A Shanghai public fund manager said delisting expectations could directly curb speculative demand for high‑premium QDII and commodity‑futures LOFs.