IMF official said that if risk appetite remains stable it would help the global economy’s ability to absorb interest-rate pressures.

China index futures main contracts at the morning close: CSI 300 (IF) -0.44%; SSE 50 (IH) -0.30%; CSI 500 (IC) -0.61%; CSI 1000 (IM) -0.77%.

Deep Blue Aerospace rolled a 5-meter-diameter stainless-steel common-bottom propellant tank off its production line, the company said. The tank is a core component of Nebula-2, a large liquid reusable rocket and currently the largest liquid reusable launcher in China’s private sector; its delivery marks Nebula-2’s entry into intensive engineering development. Deep Blue said the tank improves its domestic production capability for rocket core components and lays the groundwork for a planned year-end second-stage propulsion-system test.