WALLER said tariffs, energy prices and AI-related construction demand are factors pushing inf higher.

CSI Convertible Bond Index opened down 0.11%. Jingzhuang convertible bond, Lanxiao Convertible 02, Hongwei convertible bond, Lianrui convertible bond and Shengde convertible bond led declines, down 3.72%, 3.47%, 3.30%, 3.22% and 2.22% respectively. Weike convertible bond, Aike convertible bond, Nanxin convertible bond, Hangyang convertible bond and Jindi convertible bond led gains, up 20.00%, 8.61%, 8.07%, 4.79% and 4.26% respectively.

Iran's Islamic Revolutionary Guard Corps said a U.S. airstrike in Iran on Monday killed three of its members.