Korea Exchange activated the sidecar mechanism on the KOSDAQ index.

Fed's HAMMACK said an emerging inf mindset could force the Fed to adopt more aggressive policy action.

The Guangdong ‘yachts southbound’ scheme took effect today. On the morning of the 16th several Guangdong-registered yachts departed Guangzhou, Shenzhen and Zhuhai for Hong Kong waters. The move follows June’s implementation of northbound access for Hong Kong and Macau yachts and establishes two-way mutual access for yacht travel in the Guangdong–Hong Kong–Macao Greater Bay Area. Under the new rules eligible Guangdong-registered yachts may depart via six designated passenger terminals: Nansha Port passenger terminal (Nansha port area), Shekou Port passenger terminal, Fuyong passenger terminal at Shenzhen Airport port, Jiuzhou passenger terminal (Jiuzhou port area, Zhuhai), Guishan passenger terminal (Wanshan port area, Zhuhai) and Shengshi Yacht Club terminal (Shenwan port area, Zhongshan).