A-share power grid equipment sector advanced; Taiyang Cable hit the daily limit; Caneng Power, Jiangsu Huachen, Huaming Equipment, Honglida and Zhongli Group also rose.

The Democratic Republic of Congo is seeking investor participation in $12 bln of power projects over the next five years to ease electricity shortages that are constraining growth, the national power utility said. Projects cover generation, transmission and distribution, including development of the Inga hydro complex — which could exceed 40,000 MW and become the largest facility of its kind — alongside other grid infrastructure. The utility said mining sector expansion is driving strong investor interest and that talks with financial institutions have been extensive and optimistic; government data show about 3,350 hydropower sites with theoretical capacity near 167,200 MW.

Chevron (CVX.N): The degree to which ongoing geopolitical tensions will continue to affect results and financial condition remains uncertain.