FTSE China A50 futures edge down 0.04% in overnight session to 13,707

A 0.04% overnight move is essentially noise, so the signal here is the absence of one: offshore positioning in large-cap A-shares is flat while traders wait for a mainland catalyst. For RWA and tokenized-equity watchers, the A50 contract remains the reference point for off-hours China exposure, and its quietness says little about underlying demand. Whether the Singapore session starts pricing in fresh China risk, or stays this muted into the mainland open, is the open question.