China A-share STAR 50 Index fell more than 3% intraday.

港股乳製品板塊持續走強，蒙牛乳業(02319.HK)漲超4%，中國飛鶴(06186.HK)漲超2%，現代牧業(01117.HK)等跟漲。

According to Israel Public Broadcasting (KAN), opposition leader Eisenkot told a closed-door meeting he will not join a cabinet led by Netanyahu, and said he would refuse even if U.S. President Trump asked him to. He added he would meet Trump out of respect for the president but would stress government formation is Israel’s internal matter and resist external interference. National Unity and Yisrael Beiteinu (led by Liberman) have agreed to recommend Eisenkot to form the next cabinet; if the two Arab party alliances also back him as expected, Eisenkot would be poised to form a government. Liberman has ruled out joining any cabinet that includes or depends on Arab parties, a major obstacle for the opposition. Eisenkot will hold a coordination meeting on Tuesday.