Hong Kong PCB-related stocks extended gains: 01888.HK rose nearly 9%, 01989.HK gained over 5%, while 03200.HK and 02476.HK also advanced.

Former Anthropic researcher Jacob Coxon will testify Monday at a New York City Council hearing on AI alongside representatives from Anthropic, OpenAI, Alphabet-owned Google and Meta, sources said. Coxon, who left Anthropic last month, has warned AI could become uncontrollable and accused Anthropic and OpenAI of “betting with our lives” by racing to develop more powerful systems. The hearing, requested by City Council Speaker Julie Menin, comes as council members consider bills to establish safety safeguards for the technology. Former DeepMind researcher Alex Turner and Daniel Kokotajlo, executive director of the AI Futures Project and a former OpenAI researcher, are also expected to testify. Sources said the four large AI firms will be represented by officials responsible for policy and security.

India's finance minister said the government will soon approve a new bilateral investment treaty template and expects to conclude a bilateral investment agreement with Canada in December or early next year.