- The RMB central parity rate against the USD was set at 6.7882, and the PBOC conducted a net liquidity withdrawal of RMB5 billion through reverse repos.
- The three major A-share indices reversed higher to gain 0.3%-1.7% by midday, driven by advances in computing power leasing concept stocks and chip stocks.
- Computing power stocks surged following the release of Shanghai's 15th Five-Year Plan and market rumors regarding NVIDIA's potential investments.
- S&P Global Market Intelligence released Hong Kong stock short-selling data as of last Friday, noting an overall average Hang Seng Index short-selling ratio of 1.24%.
- MONTAGE TECH led the list of the top 10 most shorted Hong Kong stocks with a short interest ratio of 21.43%.
- Other notable companies on the list included ALI HEALTH, LENS, CHINA RUYI, ZTE, CATL, FLAT GLASS, POP MART, CHINA LONGYUAN, and MIDEA GROUP.