A-share Zhongji Xuchuang jumped over 10% intraday to 518.63 yuan.

Siemens Energy said it expects operating margins to rise to as much as 22% by fiscal 2030, citing surging demand for gas turbines and grid equipment. The company, which more than doubled profits last year, forecasts revenue CAGR of up to 14% to fiscal 2030. For fiscal 2027 it expects net income of about €5bn and pre-tax free cash flow of roughly €10bn, with margins widening further. Siemens Energy also expanded shareholder returns, adding up to €9bn of buybacks through fiscal 2030 on top of an existing €6bn programme and proposing a dividend of €2.30 a share.

Financial Times reports underwriters are preparing to raise Anthropic's IPO valuation to $1.5 trillion or higher.