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2025-07-29 Tuesday

2025-08-02

13:01:06

Ministry of Tourism of Thailand: So far this year, the number of foreign tourists entering Thailand has reached 18.98 million, a year-on-year decrease of 6.18%.

13:00:49

A nighttime Russian attack on a prison facility in Zaporizhia, Ukraine, killed 16 people and wounded at least 35, the regional governor said.

13:00:09

The CSI 300 Index opened at 4134.50 points in the afternoon, down 0.03%; the Shanghai Composite Index opened at 3595.87 points in the afternoon, down 0.06%; the Shenzhen Component Index opened at 11213.40 points in the afternoon, down 0.04%; the ChiNext Index opened at 2384.46 points in the afternoon, up 0.93%; the SME Board Index opened at 12640.25 points in the afternoon, down 0.46%

12:44:06

The Nikkei 225 index fell 1.02% during the day to 40579.22

12:43:56

The Nikkei 225 index just broke through the 40600.00 mark and was last at 40599.82, down 0.97% on the day.

12:26:04

Spot gold just broke through the $3,310.00/ounce mark and was last trading at $3,309.95/ounce, down 0.14% on the day. The main COMEX gold futures contract was last trading at $3,308.40/ounce, down 0.05% on the day.

12:02:35

Gold weakened modestly as the dollar strengthened on trade developments Details>

11:59:14

Vietnam government: Electricity of Vietnam (EVN) has accumulated losses of 38.68 trillion VND (US$1.48 billion) by the end of 2024

11:55:57

PetroChina Launches Ultra-Low-Sulfur Heavy Fuel Marine Fuel Supply: According to PetroChina, on July 24th, PetroChina Fuel Oil Company (PetroChina) bunkered 875 tons of ultra-low-sulfur heavy fuel marine fuel (ULHF) produced by North China Petrochemical Company (Huabei Petrochemical Company) aboard the vessel COSCO PRIDE at Shanghai Yangshan Port. This marks the completion of a complete supply chain for PetroChina, making it the sole supplier of ULHF fuel marine fuel to major ports in Asia-Pacific. This product, which reduces sulfur emissions by 80% compared to traditional low-sulfur fuel, will be increasingly marketed in ports such as Ningbo, Tianjin, and Shenzhen.

11:54:57

[Apple closes its first direct-sale store in China] On July 29, Apple announced that an official direct-sale store in China will be closed. Apple China's official website shows that the Dalian Centennial City Apple Store will cease operations at 20:00 on August 9, 2025. It is the first direct-sale store in China to be closed. Apple has not yet stated the reason for the closure. The store opened on October 24, 2015 and is the first official Apple direct-sale store in Dalian and the second in Liaoning Province.

11:54:06

[Trump asked Murdoch to testify as soon as possible about the Wall Street Journal's report on Epstein on the grounds that he is "old"] According to reports from multiple US media outlets including ABC and the Associated Press (AP), US President Trump asked media tycoon Murdoch to testify as soon as possible about the Wall Street Journal's report on Epstein, citing his old age. A document submitted to the court by Trump's lawyers on Monday (28th) showed that they requested to speed up the collection of evidence from Murdoch and obtain Murdoch's testimony within 15 days, on the grounds that Murdoch is 94 years old this year and is believed to have had health problems many times in recent years. "Taken together, these factors have an important impact on whether Murdoch can testify in court."

11:53:11

It is reported that Douyin Supermarket will be merged into Douyin Hourly Delivery to improve the efficiency of instant retail business.

11:48:54

The Hong Kong Observatory issued the Amber Rainstorm Warning Signal to replace the Red Rainstorm Warning Signal

11:46:38

[Technical Analysis: Spot gold may fall to $3,290] 1. Reuters technical analysts pointed out that spot gold may fall below the support level of $3,308 per ounce and fall to $3,290. 2. Gold prices are in a C wave trend, which briefly touched the 86.4% forecast level of $3,301. This wave is likely to extend to the 100% forecast level of $3,290. 3. A retracement analysis of the upward trend from $3,248 showed that the price fell below the 61.8% level of $3,321. This breakthrough increases the possibility of the C wave moving towards $3,248. 4. If it breaks through $3,323 upward, it may rebound further to the $3,333 to $3,344 area. 5. On the daily chart, gold prices are about to break through the triangle pattern, which looks like a top pattern. A break below this level will confirm this bearish triangle and the target of $3,123.

11:44:52

[Acting Prime Minister of Thailand: Small-scale conflict between Thailand and Cambodia, border situation is now calm] Acting Prime Minister of Thailand Puttan told the media on the 29th that after the ceasefire agreement between Thailand and Cambodia came into effect at midnight on the 28th, some Cambodian soldiers may have been undisciplined, and the Thai side responded appropriately, and the situation is now calm. The Thai Army reported earlier on the 29th that Cambodia violated the ceasefire agreement. After the ceasefire on the evening of the 28th, an area on the border was harassed by the Cambodian side, and the two sides exchanged fire again and continued until the morning. There was also an exchange of fire in another area, which lasted until 5:30 local time on the 29th. (Xinhua News Agency)

11:44:08

[The Hong Kong Monetary Authority is about to announce the regulatory details of stablecoin licenses] The implementation of the Hong Kong "Stablecoin Ordinance" is imminent. Many institutions confirmed to Cailian reporters that the Hong Kong Monetary Authority will hold a technical briefing on the regulatory system for stablecoin issuers at 4:30 pm today. It is reported that the technical briefing will be hosted by the senior team of the HKMA, including Vice President Chen Weimin, Assistant President (Regulations and Anti-Money Laundering) Chen Jinghong, Assistant President (Monetary Management) He Hanjie, and Digital Finance Director He Hongzhe. The Hong Kong Monetary Authority has previously stated that it will issue supporting implementation guidelines for stablecoins this month to clarify core regulatory details such as anti-money laundering and customer identity identification. Regulators also remind the market to be rational and not to over-hype. The number of the first batch of stablecoin issuer licenses is strictly controlled in the single digits, and it is planned to be issued within the year. (Cailianshe)

11:40:11

[Ministry of Agriculture and Rural Affairs: Increase Efforts to Cultivate High-quality Agricultural Brands] Jiang Wensheng, Vice Minister of the Ministry of Agriculture and Rural Affairs, said at a press conference on July 29 that in the next step, he will work with relevant departments to strengthen brand leadership and enhance consumer confidence. The first is to increase efforts to cultivate high-quality agricultural brands. Research and formulate management standards for the cultivation of high-quality agricultural brands, carry out in-depth marketing and publicity activities of "Forging High-quality Agricultural Brands", promote brand entities to connect with mainstream e-commerce platforms and high-quality supply chains, and enhance brand influence and competitiveness. The second is to strengthen brand catalog consumption leadership. Improve the provincial agricultural brand catalog and enhance the quality and authority of the catalog. Guide localities to publish a batch of catalog brand consumption indexes, promote brand catalogs to become consumer catalogs, and allow high-quality brand agricultural products to better meet consumer demand. The third is to enhance brand marketing service capabilities. Support qualified places to first carry out the construction of agricultural product marketing service systems, strengthen marketing service functions, integrate marketing service resources, strengthen consumer market research, and promote channel optimization and upgrading.

11:38:54

Japan's 2-year government bond issuance demand hits highest level since October last year

11:36:18

【Asian stock markets dragged down by tariff concerns as investors weigh economic risks in Europe and the United States】 1. Asian stock markets generally fell on Tuesday, with the MSCI Asia Pacific Index (excluding Japan) falling 0.7%, and the Nikkei Index and A-share blue chips closing down 0.8% and 0.1% respectively. The market is concerned about the impact of the new US-EU tariff agreement on economic growth. Although the Trump administration has reduced the EU tariff rate from the initial threat of 25% to 15%, it is still a significant increase from the previous low rate of 1%-2%. The leaders of France and Germany warned that this move would suppress the economy, causing European stocks, bond yields and the euro to weaken simultaneously. The euro fell 1.3% to 1.1584 against the US dollar on Monday, the largest single-day drop since mid-May. 2. Trump also announced that he would impose a "global tariff" of 15%-20% on trading partners that did not reach an agreement. JPMorgan Chase pointed out that this move could weaken the US's free trade leadership and push the risk of a US recession to 40%. In addition, oil prices continued to rise due to geopolitical tensions, with Brent crude oil reaching $70 per barrel, mainly because Trump shortened the deadline for sanctions on Russian oil. 3. In the European and American markets, the European Stoxx 50 futures rebounded slightly by 0.2%, while Wall Street stock index futures rose slightly due to the expected positive earnings reports of technology giants. Investors are paying attention to the Federal Reserve's interest rate meeting, which is expected to keep interest rates unchanged, but may release signals of inflation concerns. The US second quarter GDP data is also attracting attention, and is expected to grow by 2.4% month-on-month, a significant improvement from the 0.5% contraction in the first quarter.

11:35:03

[Ministry of Agriculture and Rural Affairs: Help create new rural cultural tourism consumption scenes to attract more urban groups to consume in rural areas] In the next step, our department will work with relevant departments to deepen regional cooperation in production and marketing and strengthen collaborative assistance to promote consumption in accordance with the deployment of the "Implementation Plan for Promoting Agricultural Product Consumption". The first is to promote special work on collaborative assistance to promote consumption. Focusing on the eastern and western cooperative provinces, organize the western provinces to select and recommend a batch of high-quality agricultural products and production and operation entities, and the eastern provinces to select and recommend a batch of high-quality purchasing and sales entities. Through consultations, exhibitions and sales, centralized promotions and other channels, we will carry out matchmaking communication between producers and sellers, promote market-oriented docking on a larger scale, and establish long-term and stable production and marketing relationships.

11:34:28

[A-share midday review: The turnover of the three markets of Shanghai, Shenzhen and Beijing increased by 7.1 billion yuan, and the pharmaceutical sector strengthened across the board] The three major indexes fluctuated in a narrow range. As of the close, the Shanghai Composite Index fell by 0.08%, the Shenzhen Component Index fell by 0.04%, the ChiNext Index rose by 0.92%, and the Beijing Stock Exchange 50 Index fell by 0.04%. The turnover of the three markets of Shanghai, Shenzhen and Beijing was 1,145.9 billion yuan, an increase of 7.1 billion yuan from the previous day. More than 3,800 stocks in the two markets fell. In terms of sector themes, CRO, PET copper foil, and semiconductor sectors rose, while glyphosate and insurance sectors adjusted. On the disk, the CRO sector rose across the board, Aoxiang Pharmaceutical and Jiuzhou Pharmaceutical hit the daily limit, and Yaoshi Technology rose by more than 17%. PET copper foil strengthened in the early trading, Fangbang shares hit the daily limit of 20CM, Voge Optoelectronics hit the daily limit, the semiconductor sector rose, and Dongxin shares hit the daily limit of 20CM. The glyphosate sector fell across the board, and all sectors were green without any increase. The insurance sector adjusted, and Xinhua Insurance, China Insurance and others fell by more than 1%

11:32:39

[Australia will expand its flagship clean energy plan by a quarter to achieve its goal of more than doubling renewable energy generation by the end of this decade] Australia will expand its major clean energy plan by a quarter to achieve an ambitious goal of more than doubling renewable energy generation by the end of this decade (2030). The government's "Capacity Investment Plan" will provide project builders with a minimum electricity price guarantee, which will help add 3 billion watts of renewable energy generation capacity - enough to meet the electricity needs of 10 million households. Australian Energy Minister Chris Bowen will announce the news later on Tuesday. The plan will also support 5 billion watts of energy storage facilities, which will drive an additional A$21 billion (about US$14 billion) in investment

11:32:17

[Goldman Sachs withdraws its long Comex-LME copper spread trading recommendation] Goldman Sachs believes that the Trump administration may reach a copper supply agreement to mitigate the impact of tariffs on US copper prices. The agency has withdrawn its long Comex-LME copper spread trading recommendation accordingly. Analysts Eoin Dinsmore and others said in the report that the basic assumption remains that the United States will impose a 50% copper tariff from August 1, without exemptions for suppliers, covering all copper products. However, Goldman Sachs pointed out that the US government may reach a specific supply agreement with copper producing countries.

11:31:30

Billionaire Bridgewater Associates founder Ray Dalio supports allocating 15% of assets to cryptocurrencies and gold to combat U.S. debt spiral

11:31:08

The Shanghai Composite Index closed at 3595.19 points in the morning, down 0.08%; the CSI 300 Index closed at 4133.79 points in the morning, down 0.05%; the Shenzhen Component Index closed at 11212.88 points in the morning, down 0.04%; the ChiNext Index closed at 2384.23 points in the morning, up 0.92%; the SME Board Index closed at 12640.25 points in the morning, down 0.46%

11:30:18

The Nikkei 225 index opened at 40664.62 points at noon, down 0.81%.

11:28:49

Construction has officially begun on the Guangzhongjiang Expressway connecting to the Shiziyang Tunnel, expected to open in 2027. On the morning of July 29th, construction officially began on the Shiziyang Tunnel connecting to the Guangzhongjiang Expressway (hereinafter referred to as the "Connection Section Project"). The project is expected to open in 2027. The connection section begins in the west on the Zhongshan side of the Nanzhong Bridge on the Guangzhongjiang Expressway and connects to the Shiziyang Tunnel starting point in Dagang Town, Nansha District, on the east side. The 2,033-meter-long route includes the widening and reconstruction of two bridges and the renovation of the Fangma Interchange. In addition, a 465-meter road reconstruction project is being implemented on the west section of Guige Avenue in Nansha District. (CCTV News)

11:27:50

[Japan's ruling party may soon hold a meeting to discuss whether Prime Minister Shigeru Ishiba should stay or go] As calls for a change of leadership grow within Japan's Liberal Democratic Party, the ruling party will hold a meeting in the next few days and is expected to discuss the future of troubled Prime Minister Shigeru Ishiba. LDP Secretary-General Hiroshi Moriyama said on Tuesday that a plenary meeting of the party's decision-making will be held soon, but the specific issues that will be discussed at the meeting have not yet been determined. As some LDP lawmakers further called on Ishiba on Monday to take responsibility for the defeat in the July 20 Senate election and resign, the issue of whether Ishiba should stay or go is likely to be part of the meeting agenda. Some lawmakers may push for an early election for the party leader, which was originally scheduled for about two years from now, which would force Ishiba to either resign or go head-to-head with his rivals within the party.

11:24:58

[Shanghai Maritime Safety Administration launches Level 2 emergency response for flood and typhoon prevention, suspends some routes] According to the latest meteorological information, affected by Typhoon No. 8 "Hypocrea", the maximum wind speed in the waters of Yangshan, Jinshan and the Yangtze River Estuary is expected to reach Level 11 today and tomorrow. In order to effectively carry out defense work, the Shanghai Maritime Department launched the Level 2 emergency response for flood and typhoon prevention at 10:00 today, and comprehensively strengthened the safety precautions of water transportation in the jurisdiction. It is reported that the Shanghai Maritime Safety Administration has strengthened monitoring and early warning of key waters in the jurisdiction, and issued navigation warning information as soon as possible. At present, the Yangshan inter-provincial passenger routes and Chongming three island passenger ships have all been suspended, and the Huangpu River passenger routes maintain normal operation; during the typhoon, there are no cruise ship in and out plans in Shanghai Port. In the next step, the maritime department will dynamically implement navigation bans and restrictions based on wind changes to ensure safe and orderly water transportation. (CCTV News)

11:23:29

Economist: "The devil is in the details" SM Chief Economist Joseph Brusuelas said, "The devil is in the details" in the EU-US agreement. He added that while the framework of the agreement appears generally beneficial to many American companies, the impact on food and beverage companies and the pharmaceutical industry is unclear. European automakers may also be encouraged to relocate their factories back to Europe to avoid high tariffs on steel and parts. "This won't make auto workers in Alabama and South Carolina happy," Brusuelas said, alluding to workers at BMW and Mercedes factories in those two states.

11:22:22

In-depth analysis of the U.S. stock market on July 28: Nasdaq and S&P 500 hit new highs again, Tesla and Nvidia lead the gains, and the market heat wave is coming! Details>

11:21:44

[Ministry of Agriculture and Rural Affairs: Solidly promote the integrated development of rural tourism and shopping] Jiang Wensheng, Vice Minister of the Ministry of Agriculture and Rural Affairs, said at a press conference on July 29 that in the next step, in accordance with the deployment of the "Implementation Plan for Promoting Agricultural Product Consumption", in conjunction with relevant departments, solidly promote the integrated development of rural tourism and shopping. First, strengthen financial policy support. Second, enrich the leisure agriculture industry. Third, innovate "village-brand" cultural and sports activities.

11:21:25

Thai Army spokesman: The Thai-Cambodian military meeting originally scheduled for 10 a.m. has been postponed; no new time has been determined

11:19:28

U.S. Trade Representative Greer: More negotiations with India are needed before the August 1 tariff deadline. Despite early optimism, no progress has been made on key issues such as tariff reductions and market access.

11:18:37

The Deputy Prime Minister of Malaysia announced that a 1.545 sen electricity rebate per kilowatt-hour will be implemented from August 1 to August 31 to reflect the reduction in natural gas and fuel costs.

11:16:56

Three Factors Cause Indian Stock Markets to "Fall Behind" The Indian stock market's recent underperformance relative to global markets cannot be ignored. Over the past 12 months, the MSCI India Index has lagged behind its emerging market peers by over 20 percentage points, a stark contrast to its historical performance. Historically, the Indian market has typically outperformed emerging markets by an average of approximately 4 percentage points. Market analyst Nitin Chandukkar points to three core issues currently constraining the Indian market's performance: overvaluation, slowing earnings growth momentum, and minimal exposure to currently hot investment themes such as artificial intelligence and cutting-edge technology.

11:16:06

Malaysia's Deputy Prime Minister: Automatic fuel adjustment mechanism can achieve more accurate and forward-looking forecasts

11:15:24

Satellite remote sensing technology can accurately quantify methane emissions from landfills worldwide. A research team from the Chinese Academy of Sciences' Institute of Space Information Innovation has recently made progress in monitoring methane emissions from landfills. Using high-resolution satellite remote sensing technology, they have developed a new method for accurately quantifying methane emissions from landfills. Based on this method, they conducted a systematic assessment of landfills worldwide. The research results were published in the international academic journal Nature Climate Change on the 28th, Beijing time. (CCTV News)

11:14:45

[Japanese Prime Minister Shigeru Ishiba again refuses to resign] In the Senate election held on July 20, Japan's ruling Liberal Democratic Party suffered a crushing defeat, and calls within the LDP for party president and Prime Minister Shigeru Ishiba to resign are growing. However, on July 28, Ishiba reiterated that he would remain prime minister, saying that this was done to avoid a political vacuum. However, Ishiba's latest statement failed to quell calls for his resignation within the LDP. As of the 28th, 11 of the LDP's 47 prefectures across Japan have publicly called for Ishiba to step down early.

11:11:23

The ChiNext Index fluctuated and rose by more than 1%, with innovative drugs, semiconductors and other sectors leading the gains

11:11:19

A picture: A list of "pivot points + long and short position signals" for gold, crude oil, foreign exchange and stock indices on July 29, 2025 Details>

11:11:00

["Donald Dedede" US media revealed that Macron often has informal calls with Trump, and even drawls out the sound when calling each other's name] The US "Politics" news network reported on July 28 that sources revealed that in order to maintain a good relationship with US President Trump, French President Macron and other national leaders often call or text Trump because Trump is keen on frequent and informal "chatting". According to reports, Trump surprised many leaders during his first term. He took the initiative to tell them his mobile phone number and urged them to abandon conventional diplomatic etiquette and call him directly. In the six months after the start of his second term, leaders of various countries who wanted to maintain a good relationship with Trump often called or texted him, sometimes to discuss important international affairs, and sometimes just to "chat". A person familiar with Trump's calls said, "He calls many leaders more frequently than people think. Many calls are about specific and practical matters, but there are also more informal personal conversations." These leaders include French President Macron, British Prime Minister Starmer and others. Politico said that although the informality of these conversations was not much different from the impromptu style that Trump often displayed in public, it still surprised the assistants on the other end of the phone. A person familiar with the conversation between Trump and Macron recalled that the two greeted each other in a "brotherly" manner. He said, "The scene of the two people talking on the phone was quite comedic - Trump would say 'Emmanuel er er er' in a long tone, and Macron would reply 'Donald de de de', and the two interacted like this."

11:09:58

Hong Kong Observatory issues Red Rainstorm Warning

11:09:50

Former Colombian President Alvaro Uribe found guilty of bribery and witness tampering

11:08:52

[A mobile phone number ending in "4568888" was auctioned for 272,000 yuan with a monthly package of 199 yuan] Recently, a mobile phone number ending in "4568888" was auctioned on the Alibaba Assets Judicial Platform and the final transaction price was 272,000 yuan. The mobile phone number is located in Heihe City, Heilongjiang Province, and the operator is China Telecom. The mobile phone number package is 5G Enjoy 199 yuan/month.

11:07:43

The Hong Kong biopharmaceutical sector continued to strengthen, with WuXi AppTec (02359.HK) rising by more than 10%, Tigermed (03347.HK) rising by more than 5%, and Fuhong Hanlin (02696.HK) and WuXi Biologics (02269.HK) following suit.

11:05:08

RMB SHIBOR (Shanghai Interbank Offered Rate): As of July 29, 2025, three periods saw interest rates decrease, two periods saw increases, and three periods remained unchanged. The overnight Shibor was at 1.366%, a decrease of 10.1 basis points. The overnight rate saw the largest change among all periods, falling by 10.1 basis points. (For details of SHIBOR and its changes over the past ten business days, see the Huitong FX678 chart.) For other periods, the one-week Shibor was at 1.545%, a decrease of 5.1 basis points. The two-week Shibor was at 1.631%, a decrease of 0.4 basis points. The one-month Shibor was at 1.55%, an increase of 0.1 basis points. The three-month Shibor was at 1.56%, unchanged. The six-month Shibor was at 1.613%, unchanged. The nine-month Shibor was at 1.632%, unchanged. The one-year Shibor was 1.644%, up 0.2 basis points.

11:04:23

Thailand and US expected to reach major parts of tariff deal: Thai Finance Minister

11:02:47

Thai Finance Minister: Trade talks with US should be completed by August 1

11:01:39

Nakaso, former deputy governor of the Bank of Japan, said: "The US dollar will continue to maintain its dominance as a major global currency, but as investors turn to other currencies, the dollar may show "cracks". Once confidence is restored that the economy and inflation will meet expectations, the Bank of Japan may return to the right track for the next interest rate hike. The Bank of Japan must be vigilant about the upside risk of inflation, as rising food prices may cause inflation expectations to exceed the target."

11:01:36

[USD/CAD hovers around 1.3750 due to uncertainty in the US-Canada tariff agreement] 1. USD/CAD temporarily stopped its three-day rally and hovered around 1.3740 during the Asian session on Tuesday. The currency pair could rise further due to increased uncertainty over tariffs between the United States and Canada. 2. Canadian Prime Minister Mark Carney told reporters on Monday that it was unlikely that a deal without tariffs would be reiterated. Carney said the two countries were in a tense stage of negotiations on a trade deal. "This is a complex negotiation," he added. "We will only sign the right deal." The United States and Canada are working to reach an agreement by August 1 as U.S. President Donald Trump threatens to impose a 35% tariff on some Canadian imports. 3. The U.S. dollar (USD) strengthened after the United States and the European Union (EU) reached a trade agreement last week, imposing a 15% tariff on most European goods, which will take effect on August 1. 4. In addition, traders continue to pay attention to further developments in U.S.-China trade negotiations. On Tuesday, negotiations will continue after the two countries' top economic officials negotiated for more than five hours in Stockholm on Monday.

11:00:50

Indonesia's annual rate of foreign direct investment (FDI) in the second quarter

Previous : 12.70% Forecast : -

Published Value -6.95%

10:58:23

Sources said that due to strong market demand, Nvidia placed an order for 300,000 H20 chipsets with TSMC last week

10:55:37

[Preview] The State Council Information Office will hold a series of thematic press conferences on "High-quality Completion of the 14th Five-Year Plan" at 3:00 p.m. on July 31, 2025 (Thursday). Minister of Veterans Affairs Pei Jinjia will introduce the achievements of high-quality development of veterans' work during the 14th Five-Year Plan period and answer questions from reporters.

10:52:48

According to the New York Times, citing sources, Harvard University has expressed its willingness to meet US President Trump's request to pay up to $500 million to resolve the dispute with the White House.

10:51:23

Hunan's imports and exports to the EU increased by nearly 30% in June, with Germany becoming its largest trading partner. According to Changsha Customs, Hunan's imports and exports to the EU reached 4.61 billion yuan in June, a year-on-year increase of 28.3%. Of this total, exports amounted to 3.38 billion yuan, a 30.6% increase, while imports reached 1.23 billion yuan, a 22.5% increase. Hunan's imports and exports to Germany reached 1.26 billion yuan in June, a 35.1% increase, the largest increase among EU member states and directly driving the province's counter-cyclical growth in imports and exports to the EU.

10:50:06

[Stablecoin concept partially recovered, Hang Seng Electronics hit the daily limit] Stablecoin concept partially recovered during the session, Hang Seng Electronics hit the daily limit, Guotou Intelligent rose more than 10%, Dongxin Heping rose more than 5% to set a new historical high, Sinopec Capital, Jinzheng Shares, Turuis and others hit highs

10:49:52

[Nomura raises Hengrui Medicine's target price by 13% to HK$80.57, and its rating is upgraded to buy] Nomura issued a report stating that due to the upward revision of Hengrui Medicine's (01276.HK) earnings forecast and brighter long-term external licensing revenue growth prospects, the bank upgraded the stock rating from neutral to buy, and raised the target price by 13% from HK$71.5 to HK$80.57. The report stated that on July 28, Hengrui Medicine announced before the market opened that it had reached a cooperation agreement with GlaxoSmithKline. GlaxoSmithKline will obtain the rights outside Greater China for clinical-stage HRS-9821, as well as the exclusive option to obtain exclusive global licenses for up to 11 projects. Hengrui Medicine will receive an initial payment of US$500 million, potential option fees and milestone payments of up to US$12 billion, and tiered sales commissions for the project. The bank stated that the cooperation agreement further enhanced the financial position and long-term growth prospects for fiscal 2025.

10:48:33

Investors warn of global economic conditions, urge 15% gold allocation Details>

10:45:07

Japan's Suntory will consider raising prices for its super-premium whiskey exports to the United States, depending on consumer sentiment.

10:42:37

【Short-term operation suggestion for US crude oil: range fluctuation, buy low and sell high】 (1) Analysis reason: Due to the resurgence of uncertainty in the geopolitical situation, the market's concerns about the supply side have intensified, pushing oil prices to rebound, but OPEC+ production increase is still an important factor limiting the strength of oil prices, and demand expectations have not rebounded. The short-term technical level will maintain box fluctuations, waiting for the direction to be selected. Pay attention to the changes in EIA inventory data this week (2) Key focus: geopolitical situation, global trade sentiment, inventory data (3) Resistance: 67.00, 67.50, 68.00 (4) Support: 66.00, 65.50, 65.00

10:42:34

【Spot gold short-term operation suggestions: range fluctuation, sell high and buy low】 (1) Analysis reasons: As the US dollar index continues to rebound, gold prices are under pressure to fall. At present, the market is waiting for changes in the Fed's expectations of interest rate cuts. If the Fed's interest rate decision this week fails to change the expectations of interest rate cuts, the US dollar is expected to continue to strengthen, putting pressure on gold prices to return to the lower edge of the box. Technically, it is close to the moving average support. If it falls below, it will open up adjustment space and wait for stabilization. (2) Focus: risk aversion, US dollar index, US Treasury yields, global trade sentiment (3) Resistance: 3330, 3350, 3380 (4) Support: 3300, 3280, 3260;

10:41:52

US President Trump: I am in Scotland right now, having just completed the EU deal and many other deals. The US is doing very well.

10:39:20

[Analysts: EU-US trade deal could increase pharmaceutical industry costs by up to $19 billion] Analysts say the EU-US trade deal could cost the pharmaceutical industry between $13 billion and $19 billion as branded drugs will be subject to a 15% tariff. One analyst said the increased costs could raise prices for consumers unless pharmaceutical companies take action to mitigate the impact of tariffs. Medicines have historically been tariff-free. By value, medicines are Europe's largest export to the United States, and the EU accounts for about 60% of all U.S. pharmaceutical imports. On Sunday, European officials said a bilateral trade agreement with an across-the-board 15% tariff includes medicines, with the exception of some generic drugs, which would not be subject to tariffs. The United States has been conducting a national security investigation into the pharmaceutical industry, which has been preparing for separate industry tariffs. U.S. President Trump said earlier this month, before negotiating a bilateral deal, that tariffs on medicines could be as high as 200%.

10:39:08

The police chief said the gunman had a documented mental health history and his motive was still under investigation, but believed it was a solitary shooting.

10:35:59

VeriSign: Remaining shares held by Berkshire Hathaway and affiliates after the offering will be subject to a 365-day lock-up agreement; Berkshire Hathaway affiliates have been shareholders of the company since 2012

10:35:03

New York City shooting suspect is a 27-year-old man from Las Vegas, police chief says

10:34:48

[China Changan Automobile Group Co., Ltd. was established in Chongqing] Today (29th), China Changan Automobile Group Co., Ltd. was established in Chongqing. This new central enterprise was separated from the former Ordnance Equipment Group and has 117 branches and subsidiaries. The main business operations include complete vehicles and parts, automobile sales, financial and logistics services, motorcycles, etc. The person in charge of China Changan Automobile Group said that the new central enterprise will focus on creating new quality productivity such as intelligent automobile robots, flying cars, and embodied intelligence in the future, explore a new three-dimensional travel ecology by sea, land and air, and accelerate global development, and accelerate the development of five major regional markets in Southeast Asia, the Middle East and Africa, Central and South America, Eurasia, and Europe. This reorganization is an important step for the country to promote the reform of central enterprises and optimize the layout of state-owned capital, and it is also an important measure to enhance the competitiveness of China's automobile industry. As a pillar industry of the national economy, the pace of integration of the automobile industry is accelerating. A relevant person in charge of the State-owned Assets Supervision and Administration Commission of the State Council said that so far, the three major central enterprise automobile groups formed in my country will better assist the high-quality development of the intelligent networked new energy automobile industry and accelerate the development of world-class brands with global competitiveness. (CCTV News)

10:34:32

A sharp drop of 1.3%! The euro encountered a "dark day", and the eurozone economy may shrink by 0.4% Details>

10:31:11

The Nikkei 225 index closed at 40,623.32 points this morning, down 0.91%.

10:30:36

New York City Mayor: 5 people shot, 4 missing (in New York City shooting)

10:30:16

CITIC Securities Futures: US and Europe reach an agreement, copper prices consolidate at high levels Details>

10:28:36

[Citi: Tencent's third-quarter gaming revenue should remain robust, the company's target price is raised and the buy rating is maintained] Citi reported that Tencent's gaming business revenue should continue to remain robust in the third quarter. Given that Tencent has not announced any blockbuster game releases in the third quarter, the company may focus on promoting existing games in the third quarter to drive growth. Citi pointed out that Tencent also has a strong follow-up lineup of 94 mobile games, more than half of which have been approved by Chinese regulators. Citi raised its adjusted net profit expectations for Tencent in 2025 and 2026 by 0.3% and 0.2%, respectively, but lowered its forecast for 2027 by 0.2%. Previously, Citi adjusted its revenue forecasts for advertising and cloud businesses, but maintained its estimates for games and value-added services unchanged. Citi raised Tencent's target price from HK$695.00 to HK$699.00, while maintaining a buy rating

10:25:02

Trump's "Flying Palace" jet needs $934 million or more to be renovated. The New York Times reported on Sunday, citing Air Force sources, that the luxury jet gifted by Qatar to US President Trump is expected to cost $934 million or more to renovate. The outlet claims the funds were secretly diverted from funds originally earmarked for the modernization of US land-based nuclear missile systems. Earlier this year, the Qatari royal family gifted Trump a $400 million Boeing 747-8, nicknamed the "Flying Palace." Due to delays in the delivery of the new Boeing jet, the aircraft has been transferred to the Pentagon for use as Air Force One. US Defense Secretary Pete Hegsey and Qatar's Defense Minister signed an agreement on Qatar's "unconditional donation" earlier this month. Renovation work is expected to begin in the coming weeks. While the official cost is classified, sources told the New York Times that the Pentagon is hiding the renovation funds within the Sentinel program, which aims to comprehensively upgrade the aging Minuteman III intercontinental ballistic missile system through new launch facilities and communications systems. According to Air Force sources, the Pentagon quietly inserted $934 million in funding for the Qatari aircraft renovation in documents recently submitted to Congress. Air Force Secretary Troy Maker, in testimony to Congress in June, estimated the renovation cost to be less than $400 million. However, Air Force engineers told the New York Times that estimate was unrealistic, citing the need for comprehensive modifications, including communications systems, anti-missile systems, engine upgrades, removal of suspicious surveillance equipment, and the "luxury enhancements" required by Trump.

10:21:09

Yonhap News Agency: South Korea's Ministry of Unification said it would support the resumption of the US-North Korea summit

10:20:32

[Media: EU warns Kyiv that it may completely stop financial aid to Ukraine] According to the German "Frankfurter Allgemeine Zeitung", the European Commission has warned Ukraine that it may completely stop financial support. The report said: "The Kyiv authorities headed by Vladimir Zelensky received a warning from the European Commission, which stated that if Kyiv continues to put pressure on anti-corruption agencies, financial aid under the framework of the aid fund to Ukraine may be completely stopped."

10:15:57

Thailand's Acting Prime Minister: The border between Thailand and Cambodia has calmed down after a small-scale conflict, and military talks will be held at 10 am

10:14:55

According to Yonhap News Agency: The South Korean government and the ruling party have decided to raise the corporate tax rate to 25% again

10:13:42

The Indonesian rupiah fell 0.34% to 16,390 rupiah per dollar, the lowest level since June 24.

10:13:05

Meituan: Never Self-Operate, Never Compete with Merchants. According to Meituan's official WeChat account, after more than six months of trial operations, since the official launch of the "Raccoon Canteen" brand in early July, searches for related keywords on Meituan and the Meituan Takeout app have increased over 40 times compared to June. Overall exposure for Raccoon Canteen merchants has increased by 164%, and order volume has increased by 60%. Meituan stated that the goal of "Raccoon Canteen" is to help restaurants and food delivery companies achieve better operations at lower costs while exploring high-standard food safety management for the industry. To this end, Meituan will regularly leverage food safety big data to reward brands and merchants that demonstrate consumer satisfaction. The company will also summarize these merchants' operational experience and methodologies and share them with the entire industry. We will never self-operate or compete with merchants. We will focus on building infrastructure and connecting merchants to the resources they need, leaving traffic, branding, and sales to merchants while ensuring peace of mind, convenience, and quality for consumers.

10:12:09

South Korea's Celltrion says it will acquire U.S. drug plant to offset tariff risks

10:11:51

Reuters poll: Pakistan central bank to cut interest rates by 50 basis points as inflation cools

10:11:15

Is the "Big Seven"'s Contribution to the US Stock Market Rally Nearing Its Peak? Investors are gearing up for the busiest week of US earnings season, with four of the tech giants set to report. Meanwhile, the debate is reigniting about the impact of these large companies on US stock indices and whether we're seeing the market truly expand. By some measures, the profits, market capitalization, and valuations of this small group of tech giants have never been so dominant in the overall market. While the broader market index has repeatedly reached new highs, excluding these companies presents a far less rosy picture. Indeed, since the beginning of 2023, the S&P 500 Composite Index (a "market capitalization" indicator, where the "Big Seven" have become increasingly dominant) has risen 67%, more than double the 32% gain of the S&P 500 "equal weight" index. Just two years ago, the S&P 500 Composite/Equal Weight ratio was 0.66, meaning the former was worth about two-thirds the latter. Now, the ratio is 0.84, the highest since 2003, and for good reason. Larry Adam, chief investment officer of Raymond James, reported that 12-month earnings expectations for the S&P 500 Composite Index are 14% higher than those for the equal-weighted index. Tajinder Dhillon, senior research analyst at London Stock Exchange Group (LSEG), noted that the "Big Seven" companies accounted for 52% of overall earnings growth last year. Many investors and analysts believe it's unhealthy to pin the entire market's fate on a handful of companies. This might be fine when these companies are soaring, but it's not so great if one or two of them tank. It also complicates stock picking. If the market is essentially following the "Big Seven" or Nvidia, why would investors buy other stocks? This is where market inefficiency comes in. Recently, there have been initial signs that market attention may be expanding beyond technology and artificial intelligence (AI)-related stocks, largely due to positive trade news. Last week, the equal-weighted index broke through its November high, setting a new record. Can it achieve this? Approximately 160 S&P 500 companies will report earnings this week, including Meta and Microsoft on Wednesday and Amazon and Apple on Thursday. It is no exaggeration to say that the impact of these four financial reports on the market will exceed the sum of all other financial reports.

10:10:47

Crude oil trading reminder: Geopolitical situation triggers supply-side concerns, pushing oil prices upward, maintaining short-term box fluctuations Details>

10:07:13

[Changping District, Beijing: Enabling innovation in the field of brain-computer interface and encouraging the clinical application of brain-computer interface products] The Beijing Future Science City Management Committee has formulated the "Changping District "Artificial Intelligence + Medical Health" Industry Development Implementation Plan (2025-2027) (Draft for Comments)", and is now soliciting public opinions. It mentions that innovation in the field of brain-computer interface will be enabled. Promote the research and development and application of brain-computer interface products. Focusing on the key links of neural signal acquisition, decoding, control and feedback involved in brain-computer interfaces, support the development of new flexible neural electrodes, signal acquisition chips, and core components such as sensors and batteries required for brain-computer interface systems, and accelerate the development of core instruments such as high-end electrophysiological monitoring equipment, ultra-high field magnetic resonance imaging equipment, magnetoencephalography equipment, closed-loop neural stimulation and control equipment. Encourage various medical and health care institutions in the region to take the lead in the clinical application of brain-computer interface products in the fields of diagnosis and treatment of neurological and psychiatric diseases, diagnosis and treatment of drug and digital addiction diseases, intelligent rehabilitation and health monitoring.

10:07:04

[China Tungsten High-tech's share price soared 3.6%, and its subsidiary spent 123 million to acquire the assets of Minmetals Tungsten Industry] 1. China Minmetals' tungsten carbide manufacturer - China Tungsten High-tech rose 3.6% in early trading on Tuesday. Its wholly-owned subsidiary plans to purchase the assets of Minmetals Tungsten Industry for 123 million yuan. The CSI A-share Resource Industry Index rose 0.2% during the session. 2. China Tungsten High-tech announced that its wholly-owned subsidiary Rare New Materials plans to purchase machinery and equipment, buildings and land use rights held by Minmetals Tungsten Industry for 123 million yuan. This transaction constitutes an affiliated transaction and does not constitute a major asset reorganization. The asset valuation table of the transaction target shows that the fixed assets are valued at 20.8079 million yuan, the investment real estate is valued at 62.0993 million yuan, and the intangible assets are valued at 39.7569 million yuan, totaling 123 million yuan. 3. The purpose of the transaction is to improve the asset structure of Rare New Materials and promote the company's sustainable development. 4. Since the beginning of the year, China Tungsten High-tech has nearly doubled.

10:06:29

Robot concepts are active against the trend, Haichang New Materials closed at the 20CM limit, and Youde Precision, Xiangxin Technology, Demais, Oushen Electric, and Amperon followed suit.

10:04:19

[South Korea's special investigation team requests the arrest of former senior officials involved in the emergency martial law incident] South Korea's special investigation team responsible for investigating the emergency martial law incident said on the 28th that it had requested the court to issue an arrest warrant for former Ministry of Public Administration and Security Director Lee Sang-min, accusing him of playing a key role in the emergency martial law incident. Special investigation team member Park Ji-young said at a press conference that day that considering the seriousness of the incident and concerns that Lee Sang-min might destroy evidence or commit crimes again, the special investigation team decided to request the court to arrest him. (Xinhua News Agency)

10:03:22

[Euro struggles to stabilize, US-EU trade deal sparks disagreement] 1. The euro attempted to stabilize on Tuesday, but its rebound was weak after suffering its biggest one-day drop in over two months the previous day. The US-EU trade deal is viewed by the market as significantly biased towards the US and failing to boost the eurozone economic outlook. EUR/USD edged up 0.07% to 1.1594, after a 1.3% plunge overnight. 2. The deal sparked strong opposition within the EU. France criticized it as a "dark day" for Europe, while German Chancellor Merz warned it would harm the German economy. Analysts noted that the imbalance in the agreement's terms weighed on the euro, while falling eurozone government bond yields exacerbated the sell-off. The US dollar index remained steady at 98.67, having risen 1% overnight. 3. Market focus shifted to this week's Federal Reserve and Bank of Japan policy meetings. While both central banks are expected to remain on hold, the wording of their statements could influence market expectations. Furthermore, US-China trade negotiations remain ongoing, with both sides seeking to extend the tariff truce. 4. For other currencies, the British pound hit a two-month low of 1.3344, but the decline was not large and it is currently trading around 1.3352. The USD/JPY was blocked from rising, having previously hit a one-week high of 148.70, and is currently falling back to around 148.52.

10:03:11

Xiaomi Auto: The 10 million Clips version of Xiaomi end-to-end assisted driving has been launched for the Xiaomi SU7 series and supports Xiaomi SU7 Pro, Max, and Ultra models.

10:00:27

[Zhejiang: Encourage government investment funds and state-owned enterprises to jointly establish private equity secondary market funds (S funds) with social capital in accordance with regulations, and actively undertake projects exited by seed funds, angel funds, etc. in the province] "Several Measures of Zhejiang Province on Empowering Innovation with Science and Technology Finance and Developing New Productivity in Accordance with Local Conditions in Zhejiang Province (Draft for Comments)" is open for public comments. It mentions broadening diversified fund exit channels. Encourage government investment funds and state-owned enterprises to jointly establish private equity secondary market funds (S funds) with social capital in accordance with regulations, and actively undertake projects exited by seed funds, angel funds, etc. in the province. Explore the establishment of provincial mergers and acquisitions funds, encourage local and social capital to establish mergers and acquisitions funds, and increase support for the field of scientific and technological innovation. Support technology-based enterprises that have made breakthroughs in key core technologies to make good use of the "green channel" mechanism for listing financing, mergers and acquisitions, and bond issuance to help venture capital exit effectively. Support qualified private equity venture capital fund managers to strive for physical distribution of shares of private equity venture capital funds, and distribute the listed company shares held to investors through non-trading transfers.

09:59:09

[Li Chuanhai, Vice President of Geely Group: Geely is expected to transform into the world's largest robotics company] Li Chuanhai, Vice President of Geely Auto Group and President of Geely Automotive Research Institute, publicly stated that Geely is expected to transform from a car company to the largest robotics company in China and even the world. Li Chuanhai said that Geely has an early layout in the field of AI, rapid development, wide popularization, and great transformation. It is not only the company that realizes the fastest development of traditional cars to embodied intelligence, but will also fully guide AI to become a powerful tool for human progress. In the next step, Geely will build a technical architecture of "fast interaction + deep thinking" to enable AI to evolve from an execution tool to an intelligent butler that can handle complex affairs. By then, each of Geely's cars will become a physical connection point that can help users connect to the vast AI universe.

09:58:15

US, Israel absent from UN meeting supporting two-state solution

09:57:55

[US House Republicans propose to rename the Kennedy Center for the Performing Arts as the "Trump Center for the Performing Arts" and "Make Entertainment Great Again"] According to reports from The Hill and The Daily Beast on the 28th local time, US House Republicans recently proposed a bill to rename the Kennedy Center for the Performing Arts in Washington as the "Trump Center for the Performing Arts." The bill was proposed by Missouri Republican Congressman Bob Under. It is worth mentioning that just before that, the House Appropriations Committee had just passed a bill proposed by Republicans on the 22nd, proposing to name the opera house at the Kennedy Center for the Performing Arts after US First Lady Melania Trump, but the proposal was explicitly opposed by House Democrats. According to reports, Under named his bill the "Make Entertainment Great Again" Act, a parody of Trump's 2016 campaign slogan "Make America Great Again." In his statement, he said, "President Trump's love and mastery of entertainment have stood the test of time and have attracted the attention of Americans for decades." The Hill mentioned that the opera house amendment has aroused strong opposition from critics including Kennedy's grandson Jack Schlossberg.

09:54:08

[Shooting in Manhattan, New York, USA, caused 6 deaths, including the gunman] On July 28, local time, the New York police reported the latest casualties of the Manhattan shooting, which caused 6 deaths, including a police officer, 4 civilians and the gunman himself. According to law enforcement sources, the gunman committed suicide. At present, the families of the deceased police officers have received official notifications.

09:53:51

Shangwei New Materials rose more than 13% during the session, and has risen more than 1057% since its resumption of trading on July 9

09:53:35

[Zhejiang: By 2027, newly listed companies in the technology sector will account for over 80% of all newly listed companies] The "Several Measures of Zhejiang Province on Empowering Innovation in Zhejiang with Science and Technology Finance and Developing New Productivity in Accordance with Local Conditions (Draft for Comment)" is open for public comment. It mentions supporting the listing and mergers and acquisitions of technology-based enterprises. Accelerate the listing of technology-based enterprises, with a focus on supporting the listing and financing of technology-based enterprises that undertake major national and provincial scientific and technological tasks and have achieved breakthroughs in key core technologies. Focusing on the entire chain of enterprise listing development, multi-dimensional empowerment will be provided, including echelon cultivation, atmosphere creation, value enhancement, supporting services, and expert guidance. By 2027, newly listed companies in the technology sector will account for over 80% of all newly listed companies. Government investment funds will be encouraged to collaborate with listed companies and leading technology companies to establish merger and acquisition funds, increasing support for mergers and acquisitions of technology-based SMEs. Actively pursue pilot programs for merger and acquisition loans for technology companies, increasing the loan ratio to 80% of the transaction price and extending the loan term to 10 years.

09:50:02

[Zhejiang: Plans to increase docking and cooperation with the Shanghai Stock Exchange, Shenzhen Stock Exchange and Beijing Stock Exchange to explore the establishment of a "Technology Enterprise Cultivation Board"] "Several Measures of Zhejiang Province on Empowering Innovation through Science and Technology Finance to Develop New Productivity in Zhejiang in Accordance with Local Conditions (Draft for Comments)" is open for public comments. It mentioned strengthening the construction of regional equity markets. Make good use of regional equity market systems and business innovation pilot policies, support Hangzhou, Ningbo and other regions to carry out equity investment and venture capital share transfer pilots, increase docking and cooperation with the Shanghai Stock Exchange, Shenzhen Stock Exchange and Beijing Stock Exchange, explore the establishment of a "Technology Enterprise Cultivation Board", build a high-quality "specialized and innovative" special board, and actively recommend high-quality fourth-board companies to apply for listing on the New Third Board through public review and green channel mechanisms. Promote the regional equity market to improve share reform regulations, roadshow training, investment and financing docking, and listing incubation and other service functions to help more technology-based SMEs transfer to the board.

09:48:53

[Shanghai's first aviation forward cargo terminal starts trial operation in Songjiang Comprehensive Bonded Zone] Shanghai's first aviation forward cargo terminal - Songjiang Comprehensive Bonded Zone Aviation Forward Cargo Terminal started trial operation on July 28. On the same day, the first batch of cross-border e-commerce goods with a cargo value of approximately US$16,000 and a total weight of 1.4 tons completed the inspection and release procedures, and were shipped from Songjiang Comprehensive Bonded Zone to Pudong International Airport for loading and shipment. The Songjiang Comprehensive Bonded Zone Aviation Forward Cargo Terminal moves the airport's traditional inspection and release, security inspection, assembly and palletizing operations to the comprehensive bonded zone, realizing "one-stop direct installation" for cross-border e-commerce, bonded goods in the comprehensive bonded zone, and ordinary goods outside the zone. It is estimated that compared with the traditional model, the customs clearance efficiency of goods has been improved by about 30% and the logistics cost has been reduced by 15%.

09:47:31

Yonhap News Agency: South Korea's finance minister vows to reach a "mutually beneficial" trade agreement with the Trump administration

44

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