China A-shares reversed a low open to finish higher after a midday rally. Shanghai Composite +0.32%, Shenzhen Composite Index +1.09%, ChiNext +1.49% (intraday peak >2%). Combined turnover on Shanghai and Shenzhen topped 2.1 tln yuan; more than 3,800 stocks advanced. Compute-hardware, fiber-optic and storage-chip sectors led gains. Consumer and property names surged in the afternoon, film & TV stocks were active. Oil & gas underperformed, posting the largest declines.

IEA monthly report: OPEC crude production rose by 1.5 mln b/d in July.

Chief Executive John Lee said on Aug. 11 this year is the opening year of the national '15th Five-Year Plan' and that the Guangdong–Hong Kong–Macao Greater Bay Area (GBA) is an important entry point for Hong Kong to integrate with and serve the national development agenda. The SAR government will use Hong Kong's 'one country, two systems' connectivity to support high-quality GBA development, assist mainland GBA and other provincial firms in expanding overseas, and attract international high-end talent and capital to boost growth. Public consultation on Hong Kong's first five-year plan closes Aug. 14; the government plans to publish detailed measures next month.