China's Shanghai Composite Index closed down 19.71 points, or 0.5%, at 3926.96 on Thursday, August 13. The Shenzhen Component Index closed down 124.98 points, or 0.87%, at 14289.44 on Thursday, August 13. The CSI 300 Index closed down 26.97 points, o

Foreign Ministry spokesperson Guo Jiakun said the US-led joint statement at the Aug. 11 Geneva disarmament talks—criticizing a recent Pacific missile launch for not following prior-notification norms and invoking the Hague Code of Conduct against Ballistic Missile Proliferation—was a political insinuation aimed at China. Guo called the move hypocritical and indicative of double standards, urged those states to stop abusing multilateral arms-control mechanisms, and said they should replace confrontation with sincere dialogue to create conditions for arms-control exchanges.

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.