Russian Defence Ministry said Russian forces struck fuel, energy and transport infrastructure used by Ukrainian armed forces. Russian air-defence systems intercepted 11 guided air-dropped bombs and 1,504 UAVs.

Shanghai Composite +0.28% at midday, Shenzhen Composite +0.97%, ChiNext +1.03%. Shanghai- and Shenzhen-listed turnover 1.37 tln yuan, down 246.9 bln vs prior session. About 4,400 stocks advanced. Moderna (MRNA.O) cancer vaccine news lifted the vaccine/biotech and innovative drug complex and CROs, with more than 20 stocks hitting daily limit-ups, including Sanyuan Gene, Shiyao Chuangxin, Watson Biotech, Shuanglu Pharmaceutical and Wantai Biological. Gold-related names rallied, several to limit-up (Nankuang Group, Baoding Technology, Shen Zhonghua A); Xinye Silver-Tin, Chifeng Gold and Shandong Gold also gained. Palm oil (CPO) names recovered, with Changyingtong and Zhongjing Electronics on limit-up. Planting and forestry sectors pulled back; Hualv Biotech fell over 13% intraday while Wanxiang Denong, Agricultural Development Seeds and Beidahuang were among the largest decliners. Fluorochemical, coal and phosphate chemical sectors led losses.

European natural gas prices reached €65/MWh, the highest level since March.