Hang Seng Index futures opened the day session up 0.50% at 25,041, trading a 148-point premium to the cash Hang Seng Index.

China's power sector rallied after the NDRC and National Energy Administration released the renewable energy development "15th Five-Year" plan; green power, grid equipment and UHV-related names led gains and more than 20 stocks hit daily limits. The plan sets 2030 targets of roughly 3,500 GW total renewable power capacity and about 6,000 TWh annual generation. It calls for wind and solar combined capacity of at least 2,800 GW (over 50% of capacity) with annual generation above 4,000 TWh, about 30% of total power generation.

President Trump said oil prices will fall sharply; although some prices remain elevated, oil has already begun to retreat.