Hong Kong-listed Weichai Power (02338.HK) extended afternoon gains to 5%, lifting its market capitalisation above HK$256 billion.

IMF Managing Director Georgieva said governments must act urgently to address imbalanced AI development, long-term energy shocks and a record debt build-up. She warned the global AI race is producing growth concentrated in a few countries and said AI, energy and food shocks are inflationary; tariffs, higher defence spending and elevated public debt could also lift inflation. Georgieva urged central banks to adopt a cautiously hawkish stance.

欧洲央行管委穆兰：法国经济形势严峻，但我们可以采取行动。