Southbound flows to Hong Kong were net sellers CNY 1.376 bln today. Via Shanghai Stock Connect, Alibaba Group (HK) and GigaDevice Semiconductor recorded net selling of HK$116m and HK$75m respectively; Tencent Holdings was the largest net buyer at HK$427m. Via Shenzhen Stock Connect, Tencent Holdings and Kingboard Laminates were net sold HK$489m and HK$445m respectively; CITIC Securities was the top net buyer at HK$556m.

Jucan Optoelectronics and Unilumin Technology signed a long-term strategic cooperation to secure stable supply, technical collaboration and joint quality development for Mini direct-view chips. Unilumin guarantees minimum purchases of no less than 50 million yuan in 2026; minimum annual purchase floors thereafter will be set by mutual agreement at each preceding year-end. Jucan, a long-standing LED-chip supplier, says its Mini direct-view chips are currently at full production and fully sold.

In a joint statement on Tuesday, Australian Prime Minister Albanese and the Vietnam president agreed to further strengthen defence and security cooperation and to step up efforts against transnational organised crime and people‑smuggling. During the Vietnam president's first visit to Australia, both sides pledged to increase trade and investment and to support "resilient supply chains in critical minerals, semiconductors and clean energy."