JP Morgan cuts Sanofi price target to $600 from $650.

Shanghai municipal government office issued a Strategic Emerging Industries ‘15th Five’ plan directing accelerated enhancement of intelligent-robot capabilities and applications. The plan targets improved precision and stable operation in unstructured, complex environments and broader deployment across industrial manufacturing, medical rehabilitation, logistics and warehousing, and commercial services. Priorities include: developing key hardware and software — overcoming high-precision multimodal sensors, joint modules and high-precision dexterous hands; advancing end-to-end large models and swarm-intelligence technologies; and raising whole-machine system integration and autonomous controllability. It calls for faster development of multi-form general-purpose intelligent-robot products for industrial and consumer use, and construction of standards for robot platforms, model algorithms and data collection, plus accelerated real-scene and training-range data capture and synthetic simulation data to support joint optimization of hardware and algorithms.

China's CSI 500 index futures main contract (IC) widened intraday gains to 2.00%, trading at 7,853.6 points.