HKO issued a Yellow Rainstorm Warning for Hong Kong.

Hyundai Motor targets operating margin above 9% in 2030.

At a State Council press briefing, Ministry of Industry and Information Technology Vice Minister Xin Guobin said advancing high‑quality SME development requires prioritizing the cultivation of higher‑quality firms and sustaining the 'specialized, refined, distinctive and innovative' brand. He said authorities will focus on boosting SMEs' comprehensive competitiveness, protecting small firms and strengthening their standardization capabilities.