Local health authorities said on the 19th that a government military camp in Shabwah province in southeast Yemen was struck by three missiles, killing at least 25 soldiers and wounding more than 30.

Bao Chengchao, chief strategist at CITIC Securities, said A-share investment value has risen with China’s economic upgrade and ongoing capital-market reform. Fundamentals: the A-share market is in an earnings upcycle; this year’s inf recovery has supported company profits, with marked improvement in financials, innovative drugs, new energy, nonferrous metals and chemicals, and a shift from single-theme to multi-source market pricing. Industry: global AI capex remains in expansion and China’s AI supply chain leads on compute, models and applications. Manufacturing: after years of transformation Chinese manufacturing now has one of the most complete global supply chains and a roster of R&D-strong industrial leaders. Since the new "Guo Jiu Tiao" measures, A-share dividend payouts have continued to expand, providing steadier investor returns.

A股水電板塊盤初走弱，閩東電力跌停，湖南發展、韶能股份、郴電國際、浙富控股、南網儲能、川投能源等跟跌。