Southbound flows net sold 100.21億元 (≈10.02 bln yuan) today. Via Shanghai Stock Connect, SMIC and Tencent Holdings were net sold HKD 795 mln and HKD 621 mln respectively; Kingboard Laminates led net buys at HKD 502 mln. Via Shenzhen Stock Connect, Tencent Holdings and Xiaomi-W were net sold HKD 1.48 bln and HKD 746 mln respectively; MINIMAX-W led net buys at HKD 666 mln.

Lower Saxony governor: no decision yet to separate the Volkswagen brand from Volkswagen Group.

The Ministry of Industry and Information Technology has issued the Artificial Intelligence Small and Medium-sized Enterprise Entrepreneurship Support Plan for 2026–2028. The plan, framed as market-led and government-guided, with an innovation-driven and environment-optimizing approach, calls for coordinating development and security while promoting AI startup activity and AI-enabled high-quality growth among SMEs. It directs measures to strengthen factor supply, firm incubation, ecosystem enablement and service guarantees, and to lower entry thresholds and trial-and-error costs in the AI sector. The policy aims to steer entrepreneurial activity toward technology- and innovation-oriented SMEs, specialized/refined/distinctive/innovative SMEs and specialized “little giant” firms.