在微軟拒絕延長與英國新興雲服務商Nscale的協議選擇權後，Nscale大股東Aker股價下跌7.5%。

Hong Kong-listed auto stocks extended gains; Li Auto (02015.HK) rose more than 8%, Leapmotor (09863.HK) climbed over 6%, while Geely (00175.HK) and BYD Co. (01211.HK) also gained.

China Merchants Securities chief strategist Li Haoyang said recent counter-cyclical stabilization measures — focused on cross-market liquidity-risk isolation, incentives for industrial capital, index-fund participation and trading-rule adjustments — are being rolled out on a compact timeline with clear tool roles. He said these measures are gradually breaking the prior negative feedback loop, restoring investor risk appetite and establishing a multi-layer, interoperable stability framework that links liquidity provision, capital deployment and asset absorption. By combining short-term liquidity support with capital-market institutional reform, the tools have shifted from isolated actions to closed-loop coordination, strengthening policy effectiveness and helping A-share valuations return toward a more reasonable range.