LME inventories: copper up 8,425 tonnes, zinc down 25 tonnes, nickel up 12 tonnes, lead down 1,500 tonnes, tin down 80 tonnes, aluminium down 250 tonnes.

Shanghai Financial Regulatory Bureau issued guidance to boost tech finance in the city’s banking and insurance sectors. Banks are directed to expand tech lending with differentiated support on product limits, tenors, pricing and collateral for R&D and technology commercialization; banks may set their own methods for calculating tech firms’ working-capital needs. The guidance supports financing for breakthroughs in chokepoint technologies to strengthen supply-chain autonomy, promotes equipment upgrades via finance leases, and encourages M&A-led consolidation by prioritizing industry “chain‑leader” tech firms with strong innovation, large upgrade needs and broad market prospects to facilitate capital circulation.

Mongolian President Khurelsukh said on the 13th during an inspection of the Erdeneburen hydropower plant in western Mongolia that the project is a key outcome of Mongolia-China practical cooperation and that Mongolia will use it as an opportunity to deepen bilateral cooperation in energy and infrastructure.