Hong Kong tech and internet stocks rallied: Tencent Holdings (00700.HK), Kuaishou (01024.HK) and AliHealth (00241.HK) rose more than 5%; Meituan (03690.HK) gained 3.5%; Alibaba (09988.HK) and Bilibili (09626.HK) climbed ~2.8%; JD.com (09618.HK) advanced over 2%.

ECB: Eurosystem TARGET2 payments system is currently experiencing an outage, disrupting payment processing.

Prime Minister NETANYAHU’s cabinet voted unanimously to refuse recognition of any decisions by the Second Authority for Television and Radio, the regulator for commercial broadcasting, directly contravening a Supreme Court order that the authority continue operating despite falling below its statutory quorum after a wave of resignations. The court said the resignations may have been orchestrated by the communications minister’s office. This is the first time the Israeli government has formally announced it will not comply with a Supreme Court ruling.