Indonesia's rupiah weakened to 18,020 per US dollar.

Goldman Sachs cut Hua Hong Hongli’s (01347.HK) target price to HK$289 from HK$335, a 13.7% reduction, and maintained a Buy rating. The bank trimmed net profit forecasts for fiscal 2026 and 2027 by 5% and 2%, respectively, to reflect integration of subsidiary Huali Microelectronics, and lifted the 2028 forecast by 3%. Goldman expects generative AI investment and client strategies to boost demand for embedded and discrete non-volatile memory and power-management ICs. Higher depreciation and initial integration costs will weigh on near-term earnings, but continued expansion of 12‑inch capacity should drive long-term scale benefits and improved operating leverage.

At the 2026 World Intelligent Connected Vehicle Conference, Guo Shougang, director of the Equipment Industry Division at the Ministry of Industry and Information Technology, said Changan and BAIC received conditional market-access approvals for L3 autonomous driving products in Dec 2025 and a second round of pilot approvals is now underway. MIIT will step up on‑road operation monitoring and safety oversight and compile lessons to support safe operation of intelligent connected vehicles.