Sources: Ford Motor Co (F.N) is in talks with Geely over a tie-up that could involve allowing the latter to use Ford factory space in Europe. It is reported that the negotiations also include the establishment of a potential technology sharing framework, covering vehicle technologies such as autonomous driving.

The 5-year Japanese government bond yield fell 1 basis point to 1.670%.

Hong Kong airline stocks fluctuated and rose. China Eastern Airlines (00670.HK) rose by more than 7%, China Southern Airlines (01055.HK) rose by more than 6%, and stocks such as Air China (00753.HK) and Cathay Pacific Airways (00293.HK) followed suit.

The commercial aerospace sector of Hong Kong stocks fluctuated and fell. Lens Technology (06613.HK) fell by more than 4%, followed by stocks such as Asia Pacific Satellite (01045.HK) and Goldwind Technology (02208.HK). Junda Shares (02865.HK) bucked the trend and rose by more than 7%.

The A-share real estate sector continued to rise, with Rongan Real Estate and Beijing Investment Development both hitting their daily limit, followed by Caixin Development, Airport Holdings, Huafa Holdings, China Merchants Shekou, Xincheng Holdings and other stocks.

Hong Kong mainland property stocks continued to rise. Logan Group (03380.HK) rose more than 20%, Sunac China (01918.HK) rose more than 10%, Country Garden (02007.HK), Yuexiu Properties (001 23.HK), China Resources Land (01109.HK), Agile Group (03383.HK), R&F Properties (02777.HK), Vanke Enterprise (02202.HK) and other stocks followed suit.