Hang Seng TECH Index fell more than 1%; Hang Seng Index (HSI) down about 0.6%. Baidu (09888.HK) slid nearly 5%; Xiaomi Group (01810.HK) dropped over 4%; Leapmotor (09863.HK), Xpeng Group (09868.HK) and BYD (01211.HK) each fell more than 2%.

Chengdu municipal party and government offices issued implementation guidance to optimize the city’s tech-innovation ecosystem. The plan pushes simultaneous advancement of tech innovation and commercialization, prioritizing firm cultivation, platform enablement, results conversion and factor support through organized innovation, systematized matchmaking and more efficient commercialization. Targets by 2028: a substantial increase in national- and provincial-level specialized, refined, distinctive and innovative enterprises; whole-society R&D intensity to reach 4.3% of GDP; and 30 high-value invention patents per 10,000 people.

土耳其中央銀行行長：近期通脹數據表明，儘管戰爭帶來了不利影響，但仍出現積極發展。