The SFC published consultation conclusions to extend the investor identification code regime to HKEX-traded derivatives, following a similar regime for the securities market (HKIDR-S) introduced in March 2023. Target implementation is Q2 2028. The regime will require licensed corporations and registered institutions that provide brokerage services or conduct proprietary trading to submit clients' names and identity information to a central data repository.

The Ministry of Agriculture and Rural Affairs and the National Development and Reform Commission convened major hog-producing provinces and large hog producers to assess current live-hog production and to steer routine, targeted capacity controls aimed at returning hog prices to reasonable levels. Officials said prices have bottomed and stabilised but demanded continued, tightened comprehensive capacity-control measures to improve the supply-demand balance and cement the price recovery. Large producers were ordered to improve the quality of production statistics and monitoring-data reporting, take the lead in reducing capacity and output, strictly curb secondary re-fattening, cull weak piglets and lower slaughter weights. Major producing provinces were instructed to strengthen oversight and monitoring-data sharing, finalise and implement provincial capacity-control plans and continue substantive capacity reductions.

Retail investors sold US mega-cap tech names on Monday; SpaceX fell 16%, marking a third consecutive daily decline. Liz Ann Sonders, chief investment strategist at Charles Schwab, said retail interest remains focused on AI and tech but trading has shifted from active single-stock bets to broader ETF trades. She added corporate earnings remain the primary fundamental supporting equities.