Furi Co. says Bosailisi (Gaomi) currently has capacity of about 500 tonnes.

U.S. and Brent crude both fell more than 2% intraday; WTI $96.94/bbl, Brent $105.41/bbl.

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.