As of now, ETF turnover on China's two exchanges stood at 272.25 bln yuan, 32.41 bln yuan lower than the same point in the prior session. By type: equity ETFs 91.15 bln; bond ETFs 127.40 bln; money-market ETFs 10.95 bln; commodity ETFs 4.54 bln; QDII ETFs 38.07 bln.

Naipu Mining said at an investor relations event it expects overseas gross margin to rise. As overseas revenue grows, fixed-asset depreciation and amortization as a share of revenue should fall from about 11% toward a more reasonable level. Separately, a low-margin overseas contract-manufacturer customer terminated its annual agreement this year, reducing that customer's future revenue share and supporting overseas blended gross margins.

The Washington Post reports multiple Arab and Western officials say U.S. Gulf allies’ frustration with Washington has increased; Saudi Arabia, the UAE and Qatar have coalesced around dissatisfaction and some are discussing whether to continue hosting large U.S. military facilities on their territory. Officials say recent episodes in which President Trump repeatedly threatened large-scale strikes on Iran and then withdrew those threats citing progress in talks have heightened Gulf concern that he lacks the diplomatic capacity to secure a peace agreement with Iran.