European Commission President Von der Leyen said she is still pushing to unlock €4.2bln in Hungarian cohesion funds and €2.2bln in solidarity funds.

A-share retail sector extended gains. Xiangjiang Holdings logged a fifth consecutive daily limit-up. Bubugao, Central Department Store, Dongbai Group, Maoye Commercial and Ningbo Zhongbai hit daily limit-ups. Debi Group, Baida Group, Sanjiang Shopping, China CDF and Wangfujing also advanced.

Iran's foreign ministry said Iran's foreign minister and Oman's foreign minister spoke by phone on bilateral relations and the regional situation. Iran said any final agreement with the US depends on Washington ending what it called excessive, shifting demands and stressed Iran's firmness in defending its legitimate rights and interests. It praised Oman's principled, responsible stance on regional peace, condemned US threats to Oman, and said measures taken by Iran and Oman to secure the Strait of Hormuz and ensure smooth shipping are based on international law and serve global interests. Iran also condemned Israeli actions in Lebanon and the occupied Palestinian territories and urged regional states, the OIC and the UN to take urgent action to stop the aggression and ongoing genocide.