Saudi state television said Gulf Arab states will establish a joint military command in Kuwait.

French foreign minister Barro said the Islamic Revolutionary Guard Corps (IRGC) was behind a refrigerator-linked cyberattack. Iran’s ambassador has been summoned to the French foreign ministry. Barro said this will have consequences and that the EU will impose sanctions on Iran.

At Shenwan Hongyuan’s 2027 capital markets conference, Fu Jingtao, head of macro allocation research, said the 2026 H2 correction has not broken historical patterns and the next large upcycle is still likely to be driven by the AI industry trend. He flagged Mar–Apr 2027 as a potential oversold rebound window in which the A-share market may stop making new lows. After that period the market could reach a bottom region, boosting structural opportunities and thematic activity as a new consensus forms. Fu expects a ‘second-phase’ rally to build in H2 2027 as asset-allocation conditions, industry trends and funding supply-demand potentially shift from negative resonance to aligned, reinforcing momentum.