China A-share property sector rose after choppy trade; Wo Ai Wo Jia hit the daily limit, with Tefa Services, WorldUnion, Shenzhen Property A and Shahe Co also advancing.

Al Jazeera, citing US sources, reports the Strait of Hormuz is open and all sea mines have been cleared. Economic isolation measures continue, aimed at severing the remaining channels sustaining the Iranian regime’s economic operations.

Fujian provincial government issued a '15th Five-Year' plan for emerging and future industries, targeting Xiamen, Quanzhou, Fuzhou and Putian to build chip design, specialty-process fabs, packaging & testing and component/equipment supply chains. The plan calls for R&D of high-performance AI system-on-chip (SoC), autonomous-driving and industrial-control chips and seeks active integration into the national AI chip layout; it directs steady expansion of 12-inch wafer, power semiconductor and analog chip capacity, promotes scaled and specialized development of packaging & testing across advanced and traditional nodes, and upgrades packaging substrates, photoresist development equipment and other supporting capabilities.