German Defense Ministry documents show Germany plans to hold a golden share in KNDS's German unit. The documents say Germany will acquire a 40% stake in KNDS via state-owned KfW bank, with the transaction to be completed ahead of the company's IPO.

The National Development and Reform Commission (NDRC) issued implementation measures that set minimum renewable energy consumption share targets and establish a weighting-based responsibility system for renewable power consumption. The NDRC will support energy-intensive sector firms in raising renewable consumption above the minimums and encourages capable regions to assign minimum renewable consumption targets to government departments, public institutions and state-owned enterprises. Renewable power minimums can be met via on-site renewable self-generation and self-use, green power direct connections, and green certificates and green power trading (including transfers). Non-electric renewable minimums can be met through renewable heating/cooling, integrated renewable use in hydrogen/ammonia/methanol production, and non-power biomass utilization.

Hong Kong-listed mainland property shares fell: CIFI Holdings Group (00884.HK) down over 9%, Zhongliang Holdings (02772.HK) down over 8%, Greentown China (03900.HK) and Longfor Group (00960.HK) down over 5%, CHINA RES LAND (01109.HK) and SUNAC CHINA (01918.HK) down over 4%.