Indonesia's president said he hopes to begin mass production of domestically made electric vehicles in 2028.

Average borrowing costs for emerging-market corporates have fallen to their lowest level relative to US corporates since January as global bond investors diversify into higher-yielding assets, driving outperformance. The split has pushed the yield premium of EM corporate debt over US corporate debt to its lowest since Jan. 26. Alan Shaw, co-head of emerging-market corporate debt at Ninety One, said three factors are behind the rally: oil companies filling supply gaps from the Middle East conflict, duration-related technicals, and fund flows into high-yield assets; he added the asset class remains underweight and that strong YTD returns and attractive risk-adjusted returns make it an interesting allocation opportunity.

港股光通信板塊走強，中際旭創(03308.HK)漲超5%，海光芯正(01191.HK)漲超3%，長飛光纖光纜(06869.HK)、華虹宏力(01347.HK)等跟漲。