STMicroelectronics expects Q3 net revenue of $3.70 bln, versus consensus $3.79 bln.

A-share oilfield services and engineering sector extended gains; Tongyuan Petroleum and Keli Co. rose over 10%, while Sinopec Oilfield Service, Bomaike, Huibopu, Beken Energy and CNOOC Oilfield Service also advanced.

The State-owned Assets Supervision and Administration Commission (SASAC) convened a seminar for central SOE chiefs and urged firms to implement their 15th Five-Year Plans. SASAC will expand central SOEs' digital-intelligence transformation and deepen an "AI+" special action to create more strategic high-value scenarios and high-quality datasets, and to integrate AI and digital technologies into production and operations. It will also coordinate green retrofits in steel, nonferrous, building materials, petrochemicals and chemicals, and advance classified, phased cultivation and longer-term measures to consolidate renewal and launch initiatives and accelerate the development of new pillar industries.