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1. Trump announces tariffs on polysilicon and its derivatives. 2. Media: Democratic Republic of Congo bans exports of copper and cobalt concentrate. 3. US Saudi crude oil imports fell to zero in July, the first full-month disruption in over 40 year

2026-08-07

1. Trump announces tariffs on polysilicon and its derivatives. 2. Media: Democratic Republic of Congo bans exports of copper and cobalt concentrate. 3. US Saudi crude oil imports fell to zero in July, the first full-month disruption in over 40 years. 4. Industry insiders: The proposed Straits Treaty between Iran and Oman faces dual obstacles of US sanctions and insurance. 5. World Gold Council: Gold prices were flat in July; future trends depend on real interest rates, the US dollar, and central bank responses. 6. Gold prices in Shuibei rose by nearly 50 yuan in two days, indicating a significant shift in the logic behind gold purchases. 7. Southern Crude Oil LOF's premium exceeded 20%, triggering a trading halt; the fund company issued an emergency risk warning. 8. The Huatai-PineBridge China-Korea Semiconductor ETF's excessive premium triggered a temporary trading halt. 9. The Huatai-PineBridge Nasdaq ETF's premium widened; the fund company warned of trading risks. 10. The Bosera S&P 500 ETF traded at a premium; the fund company warned of arbitrage risks. 11. Global chip LOF premium exceeds 30%, triggering trading halt and risk warning. 12. E Fund crude oil LOF premium is nearly 19%, fund company issues risk warning. 13. Invesco Nasdaq Technology ETF premium exceeds 23%, triggering trading halt and risk warning. 14. Harvest Crude Oil LOF premium exceeds 13%, fund company warns of chasing high prices. 15. ChinaAMC S&P 500 ETF trades at a premium, fund company warns of chasing high prices. 16. ChinaAMC Nasdaq ETF continues to trade at a premium, fund company issues urgent risk warning. 17. Harvest Nasdaq ETF premium exceeds 11%, triggering trading halt and risk warning.

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2026-08-07

The Hong Kong Federation of Insurers said relevant Mainland authorities have not issued any formal policy documents or implementation rules regarding reports that Mainland China will levy a 20% personal income tax on gains from overseas life insuranc

The Hong Kong Federation of Insurers said relevant Mainland authorities have not issued any formal policy documents or implementation rules regarding reports that Mainland China will levy a 20% personal income tax on gains from overseas life insurance policies. The federation said it is monitoring developments, will not speculate, and expects continued client demand for protection, wealth transfer and asset allocation; it added Hong Kong’s insurance market remains attractive due to flexible product design, multi-currency options and wealth-transfer services.
2026-08-07

US outlet MS NOW reports Oman and Iran have agreed a temporary framework to reopen the Strait of Hormuz without transit fees. Under the proposed corridor, commercial vessels would enter the Persian Gulf via Iran-controlled routes and exit via Oman-co

US outlet MS NOW reports Oman and Iran have agreed a temporary framework to reopen the Strait of Hormuz without transit fees. Under the proposed corridor, commercial vessels would enter the Persian Gulf via Iran-controlled routes and exit via Oman-controlled routes. Iranian officials say the arrangement is fee-free and will be presented as a temporary measure that could pave the way for a Washington‑Tehran ceasefire announcement and revival of nuclear talks; the IMO and the US are expected to join a formal announcement. Gulf Cooperation Council members have reportedly endorsed the plan. Timing has not been disclosed. US support will depend on final details; a US official said Washington only backs a temporary reopening that is unimpeded and fee‑free.
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