On Aug. 7 a U.S. official said Oman and Iran have made progress on the Strait of Hormuz and are expected to reach an agreement soon. If an agreement is announced to restore unimpeded commercial shipping, the U.S. will lift its blockade on Iranian por

HKEx filing shows JP Morgan’s holding in Zhongji Xuchuang H shares rose to 15.02% on Aug 4 from 13.48%; average purchase price HK$1,150.8522 per share.

Domestic News: 1. The People's Bank of China increases its gold holdings for the 21st consecutive month. 2. Eight major photovoltaic silicon material manufacturers sign an initiative: sales must not be below cost price. 3. Cambricon: First-half net profit of 2.311 billion yuan, up 123% year-on-year. 4. Yichun officials: CATL's lithium mine is currently shut down for maintenance. 5. General Administration of Customs: In the first seven months, my country's total import and export value of goods reached 30.13 trillion yuan, up 17.3% year-on-year. 6. Beijing further optimizes real estate policies: the required years of social security and individual income tax payments for non-Beijing residents to purchase homes are reduced to one year; the maximum loan amount for housing provident funds is moderately increased. International News: 1. Turkey, Saudi Arabia, and Pakistan sign a joint defense agreement. 2. OpenAI suspends development of its new model Astra, concerned about its potential for critical cyberattacks. 3. Federal Reserve's Barkin: (On inflation) If facing headwinds, (policy) must be tightened. 4. US Media: Trump Advances to Removal of Federal Reserve Governor Cook, Formal Initiates Removal Process on the Grounds of "Gross Negligence". 5. Japanese Finance Minister Satsuki Katayama: Japan and the US have been in close communication and will not hesitate to intervene if necessary. 6. Trump: Fed Interest Rate Decisions Are Not Entirely Controlled by Warsh; Artificial Intelligence May Be More Important Than Oil; Whoever Wins in Artificial Intelligence Wins Everything. 7. US Non-Farm Payrolls Unexpectedly Declined by 23,000 in July, the First Decline Since February; The Unemployment Rate Slightly Dropped to 4.1%, the Lowest Level Since June 2025. 8. White House National Economic Council Director Hassett: I Focus Almost Solely on the Unemployment Rate, and It Has Declined; I Believe Trump Wolverine Wolverine Wolverine Will Not Advise on Interest Rates. 9. Middle East Situation— ① Iranian Officials Say They Have Clarified the Overall Framework with Oman on the Strait of Hormuz Passage. ② US Officials: Iran and Oman Expected to Reach an Agreement on the Strait of Hormuz Soon. ③ US media: Iranian negotiators are awaiting final approval from Iran's Supreme National Security Council for the agreement reached with Oman and the United States.