At the morning session close, China government bond futures main contracts: 2-year (TS) flat; 5-year (TF) down 0.02%; 10-year (T) down 0.02%; 30-year (TL) up 0.12%.

Qujing Technology, an AI token production services provider, completed a Series B round raising more than 1.3 bln yuan. The round was led by Zhecai Capital, Xiaoshan Capital, ICBC Investment, Zhongguancun Science City, Xinglian Capital and Qianjiang Century City. The firm has raised 2.4 bln yuan year-to-date.

On Oct 25 Trump said US-Russia-Ukraine tripartite talks on Ukraine will take place "very soon" but gave no timetable and said he believes both sides want a deal. Russia and Ukraine on Oct 23 confirmed they agreed to a ceasefire from Oct 27 in Aleshki in Kherson region. A US official said the three-way talks could be held within two weeks in Abu Dhabi or Switzerland. Putin said any talks would focus on how to secure Russia-Ukraine safety after a peace agreement; Zelenskiy said he hopes a leaders' summit will follow.