Reuters sources: US envoys, including Kushner, met Ukrainian officials in Miami and said a US‑Russia diesel agreement is intended to signal cooperation to Moscow to 'soften' its stance and help restart US‑Russia‑Ukraine talks. A person close to the Kremlin said Putin would only agree to a peace deal if he obtained control of the remaining roughly 11% of the Donbas region. The talks also addressed Ukrainian security guarantees and post‑war reconstruction.

The SFC today published consultation conclusions saying it will bolster targeted powers under the Securities and Futures Rules to address IPO cases and post‑listing misconduct. Proposed amendments would allow the SFC to impose conditions on listing applicants that can remain in effect after listing, and to impose post‑listing conditions on issuers as an alternative to immediate trading suspension, while streamlining trading resumption procedures. The regulator will also introduce a mechanism for independent review of SFC decisions under the Listing Rules by the Securities and Futures Appeals Tribunal to enhance procedural fairness and transparency.

Hong Kong-listed mainland property stocks strengthened; Rongxin China (03301.HK) rose over 9%, with CIFI Holdings (00884.HK), Shimao Group (00813.HK), China Jinmao (00817.HK), CHINA RES LAND (01109.HK) and Greentown China (03900.HK) also higher.