HSBC downgraded its global equities rating from highest-overweight to neutral.

Iran's Islamic Revolutionary Guard Corps said time has proven the veracity of its late martyred leader's statements.

CITIC Securities expects China’s securities industry dividend yield could be on par with traditional dividend sectors by 2027. Key drivers are improving fundamentals, valuation pressure and a stable payout ratio; a higher ROA floor and steady leverage expansion should reinforce the sector’s dividend profile. Growth runway rests with top-tier investment banks and expanded retail wealth management, enhanced corporate client services and stronger institutional trading support; buy-side advisory, corporate banking and trading businesses are cited as development areas. Policy catalysts to watch include leverage expansion, third-party custody, license reform and M&A. Recommendation: focus on high-growth brokerages where valuation-led upside is already visible.