Shanghai Stock Exchange said it will place under heightened surveillance this week stocks showing abnormal volatility, including Hengshang Jieneng, Youyan Gui and Zhongchuan Teqi, and funds trading at elevated premiums such as Caitong Fuxin LOF.

UK Chancellor Reeves will unveil a new support package for small and medium-sized enterprises next week.

China Securities Regulatory Commission (CSRC) and Hong Kong’s Securities and Futures Commission (SFC) held their 17th enforcement cooperation meeting under the regular enforcement-leader consultation mechanism. Officials exchanged updates on recent enforcement activity, cross-border violation trends and case handling, reviewed cross-border cooperation outcomes and progress on major cases, and discussed combating new forms of cross-border misconduct and strengthening intelligence sharing. Both sides agreed to explore further cooperation within the existing framework to boost cross-border enforcement effectiveness and deterrence. The CSRC said it will continue to implement directives from the central economic work conference, the national financial system work meeting and the new "Guo Jiu Tiao" deployment, and will work with the SFC to refine cross-border enforcement mechanisms and strictly prosecute cross-border violations to help maintain stability in the two markets.