China A-shares opened higher then reversed; Shenzhen Composite Index down 1%, ChiNext Index down 0.62%, Shanghai Composite Index down 0.12%. Humanoid-robot and industrial machine-tool sectors led losses.

The Shanghai municipal government issued its 15th Five-Year Plan for advancing comprehensive rural revitalization, prioritizing measures likely to affect agricultural supply, infrastructure and agri-tech investment. The plan directs upgrades to farmland infrastructure at farms outside Shanghai, supports smart/automated upgrades at out-of-province pig, dairy and layer operations, and promotes development of the modern seed industry, digital agriculture and green agriculture. It also backs Yangtze River Delta integration through new cooperation mechanisms and the creation of rural revitalization training bases and talent programs at external farms, and calls for deeper cross-regional agricultural cooperation and market/industry linkage with counterpart aid regions and cooperation bases.

UAE state oil firm Abu Dhabi National Oil Company (ADNOC) said it will partner with XRG and Mitsui to pursue new opportunities across the energy value chain.