Meta Platforms (META.O) CEO said selling all compute capacity for short-term profit would be stupid.

Refinitiv sources say Yemen's Houthi militants are considering imposing fees on commercial vessels transiting the southern Red Sea.

Southbound Stock Connect net sold RMB 5.589 billion today. Via Shanghai‑HK Stock Connect, Xiaomi Group-W and SMIC were the largest net sells at HKD 1.535 billion and HKD 0.769 billion; Alibaba Group Holding-W was the top net buyer at HKD 0.784 billion. Via Shenzhen‑HK Stock Connect, SMIC and Meituan-W were net sold HKD 1.239 billion and HKD 0.832 billion; Tencent Holdings was the top net buyer at HKD 0.734 billion.