The U.S. State Department said Rubio and U.K. foreign secretary Miliband discussed continuing cooperation to safeguard U.S. assets in the U.K.

Hong Kong stocks closed mixed after an intraday high above 1% for the HSI. The Hang Seng Index (HSI) ended up 0.25%; the Hang Seng Tech Index fell 0.67%. Mainland bank names were bid—China Merchants Bank (03968.HK) rose over 3%. Stablecoin-themed and biotech names saw gains—01328.HK and 02696.HK each climbed more than 3%. Outperforming sectors included power, Chinese brokerages, marquee internet, lithium batteries and AI. Optical-communications shares extended losses—Cambridge Technology (06166.HK) tumbled over 11% and 06869.HK fell more than 7%. PCB names underperformed—03200.HK dropped over 9%. Chips, mainland property, new-consumption and NEV sectors were also weaker.

At its Oct. 12, 2026 half-year briefing, Jinmei Technology said operations are normal and its oxalic acid line is profitable. The company said higher ethylene glycol (EG) prices would have a positive impact on results but chemical price trends remain uncertain. It will focus on its core business and pursue cost reductions and efficiency gains to support healthy development.