The PBOC injected CNY 425 bln via 7-day reverse repos. CNY 218.5 bln of 7-day reverse repos and CNY 600 bln of 6-month outright reverse repos matured, producing a net liquidity withdrawal of CNY 393.5 bln from open-market operations.

Media reports say Apple (AAPL.O) has pushed the launch of its first foldable iPhone, iPhone Ultra, from fall 2026 to early 2027, citing hinge design and PCB process issues. An Apple hotline technical advisor said the company has not received any information on a foldable-product release or launch timing, warned online reports may be inaccurate, and said the product would be considered confirmed only after suppliers verify final models.

Israeli Prime Minister Netanyahu said no one can predict when the Iranian regime will collapse, but other authoritarian regimes have fallen in similar circumstances.