CITIC Securities executive committee member Li Yongjin said China is in a cycle of shifting growth drivers. He warned of near-term domestic-demand pressure for consumption and the pharmaceuticals sector but said the rise of new productive forces and structural transformation should help stabilise China’s long-term potential growth. He flagged expanding total consumption and continued pharmaceutical innovation and internationalisation as clear long-term trends that sustain identifiable sectoral i

BofA says Comet Holding should see rapid sales growth through end-2028 as expansion of memory-chip manufacturing capacity—driven by AI-related demand and new memory fabs—boosts demand for its components. The Swiss components maker has substantial spare capacity to take new orders; BofA upgraded its revenue and profit-margin forecasts to end-2028. Comet shares led the STOXX Europe 600, jumping nearly 12%.

At the morning open, China’s most-active futures were mostly lower. Shanghai crude oil (SC) slid more than 3%; coking coal fell nearly 3%; benzene and coke dropped over 2%; fuel oil and low‑sulfur fuel oil (LU) fell about 2%; polypropylene and the polypropylene monthly‑average contract declined over 1%. On the upside, Shanghai silver rose more than 3%; pulp and Shanghai tin gained over 2%; platinum, palladium, polysilicon, international copper, Shanghai copper, Shanghai zinc, Shanghai gold and eggs were up more than 1%.