CITIGROUP initiates coverage of U.S. electric-vehicle maker RIVIAN (RIVN.O) with a MAINTAIN rating and PT of $18.

By the 23:00 close, China’s domestic front-month futures were mixed, with more gainers than losers. Fuel oil jumped over 4%; low-sulfur fuel oil (LU), coking coal and asphalt rose more than 3%; paraxylene (PX), bottle-grade PET chips and polyester short fiber gained over 2%; ethylene glycol (EG) was up about 2%. On the downside, glass fell nearly 2%; soda ash, No.20 rubber, rapeseed meal, corn and rubber dropped over 1%; pulp and starch declined about 1%.

Hong Kong tech stocks mostly higher: NetEase-S (09999.HK) and Tencent Holdings (00700.HK) up over 3%; Alibaba Group (09988.HK) and Bilibili (09626.HK) up over 2%; Baidu (09888.HK) and Meituan (03690.HK) up over 1%.