A-share storage-chip stocks rebounded in early trade; Junzheng rose over 12%, while Puran, Shannon Xinchuang, Dapu Micro and Montage Technology also gained.

Houthi militants said they repelled a Saudi attempt to advance from the southern approach to the Bab al‑Mandeb, striking the force with multiple ballistic missiles and heavy weapons and destroying several vehicles. The group identified Saudi commander Badr al‑Harbi as leading the operation from an Aden front base and said the strike caused heavy casualties; ambulances were reportedly dispatched. The claim has not been independently verified.

RBNZ held the official cash rate at 2.75% on Oct 28, versus market expectation of 3.00%; prior 2.75%.