At the open in China’s A-share market, the Shanghai Composite rose 0.27%, the Shenzhen Composite Index gained 0.87% and the ChiNext Index advanced 1.19%. Semiconductors, industrial gases and precious metals led gains.

A recent State Council executive meeting called for improving capital-market stabilization mechanisms to bolster stock-market stability and support orderly capital-market development. Dong Zhongyun, chief economist at AVIC Securities, said authorities should continue to monitor policy effectiveness and funding supply-demand, accelerate and deepen the impact of existing stabilization measures, raise participation by financial institutions and listed companies, and track actual cash injections and the progress of buybacks and additional purchases. He urged dynamic monitoring of funding imbalances to avoid concentrated short-term liquidity stress and its negative feedback. Over the medium to long term, policymakers should strengthen mechanisms for long-term capital to enter the market to enhance market stability and resilience.

US President Trump said he will be interviewed on 60 Minutes tonight, asked the program to showcase his administration's achievements over the past two years (excluding his first term), and said that with Republican Senate support they can still accomplish incredible things.