Domestic News:
1. Tencent Holdings reported second-quarter revenue of RMB 204.79 billion, a year-on-year increase of 11%.
2. DeepSeek V4 Pro official API update: performance in multiple tests approaches Fable 5.
3. China Association of Automobile Manufacturers (CAAM): In July, automobile exports reached 1.043 million units, a month-on-month increase of 0.6% and a year-on-year increase of 81.3%.
4. The People's Bank of China (PBOC): will conduct overnight reverse repurchase operations on August 14 and from August 17 to August 19, with a daily operation volume not exceeding RMB 600 billion.
5. The PBOC released its second-quarter China Monetary Policy Implementation Report: timely planning and implementation of practical and effective incremental policies, increasing counter-cyclical adjustments; comprehensively utilizing and adjusting monetary policy tools in a timely manner to maintain ample liquidity and relatively loose social financing conditions.
International News:
1. The US lifted its ban on the use of TikTok on federal government devices.
2. US July CPI inflation data was moderate; the probability of a September rate hike in the bond market is expected to drop to about 40%. 3. SpaceX AI launches Grok 4.6, benchmark scores on par with GPT-5.6 Sol Max.
4. IEA: Global oil demand is projected to decline by 1.56 million barrels per day to 103.29 million barrels per day in 2026.
5. Black Sea grain transport suffers further disruption; three major Russian grain terminals damaged, causing a surge in international wheat and corn futures.
6. Trump: White House Press Secretary Levitt will leave office at the end of this month to spend more time with her family.
7. Middle East situation—
① Iranian sources: The ceasefire agreement has no effective date, therefore there is no need to extend it.
② Pakistan: The deadline for the US-Iran memorandum of understanding can be extended.
③ Kuwait claims to have thwarted a "terrorist attack plot" targeting a key facility.
