A股工业金属板块盘初上扬，丽岛新材触及涨停，株冶集团涨超7%，盛达资源、盛屯矿业、中金岭南跟涨。

Al Hadath sources say understandings have been reached to ease the blockade in exchange for a gradual reopening of the Strait of Hormuz, with intensive talks ongoing to restore transit. Arabic sources report that the coming hours may bring a breakthrough regarding ships currently stuck in the strait.

The artificial intelligence boom may be nearing a slowdown amid rising costs, potentially weighing on Asia-Pacific export growth, Moody’s Analytics says. The AI upswing has helped offset pressure from higher U.S. tariffs on the region’s exports, it notes. However, stretched equity valuations, rising prices, and selective hardware shortages suggest the cycle is “increasingly ripe for a pause,” it adds. The Middle East conflict has further lifted geopolitical and trade risks for Asia-Pacific economies. Moody’s warns that the mix of higher inflation, trade and supply-chain disruptions, and elevated asset valuations raises the risk of policy missteps across the region.