At the midday close, China's CSI 300 index futures (IF) main contract was up 0.86%; SSE 50 futures (IH) +1.17%; CSI 500 futures (IC) +0.67%; CSI 1000 futures (IM) +0.97%.

France 10-year government bond yield fell 10 bps to 4.47%, after rising as much as 12.5 bps on Friday.

Li Auto told media it can supply its self-developed Mach chips and silicon-carbide (SiC) modules to external customers. Ma Donghui said the chips are small, widely adaptable and can be integrated by other manufacturers. Li Auto’s self-developed battery PACKs will not be supplied externally — PACKs are custom-designed to Li’s vehicle specifications and production is sized to match Li Auto’s vehicle output. Self-developed components that can be standardized may be sold externally.