Rocket Lab will acquire Iridium in a cash-and-stock deal valuing the offer at $54 per share.

China's CSI 300 index futures (IF main contract) +0.04% at the morning close; SSE 50 futures (IH main contract) +1.54%; CSI 500 futures (IC main contract) -0.57%; CSI 1000 futures (IM main contract) -1.62%.

Huatai Securities research note: Escalating Middle East tensions are disrupting global oil and gas supply-demand, temporarily lifting oil prices and driving inventory draws; but high prices are already causing demand destruction, and as supply constraints ease marginally the oil-price midpoint could gradually return toward equilibrium. In bulk chemicals, capex growth has clearly turned since H2 2025; measures to curb redundant competition, dual-carbon control and the exit of backward overseas capacity are promoting optimization of existing capacity and point to a capacity-cycle inflection. In electronic chemicals, AI compute growth, advanced process nodes, advanced packaging and domestic substitution are lifting semiconductor-material demand, and overseas supply disruptions could boost spot conditions for electronic specialty gases and other critical materials.