Rosstat: July industrial output +0.4% YoY, versus market consensus +0.7%.

China A-share oil & gas E&P sector opened sharply lower; Keli Co. opened down more than 8%, with Lanyan Holdings, Beiken Energy, Zhongman Petroleum and Tongyuan Petroleum also falling.

China's Ministry of Industry and Information Technology Vice Minister Xin Guobin said the 15th Five-Year Plan period will prioritize growth by deepening integration of technological and industrial innovation and developing new productive forces. MIIT will adopt an industry-sets-problems, technology-provides-solutions approach, strengthen public technology service and pilot-scale platforms to accelerate original technologies into pilot trials and scaled application, and cultivate new scenarios, formats and business models to expand higher-quality supply for diverse consumer groups.