Refinitiv reports a senior Iranian official said Iran has decided to shift its policy from defensive to "fully offensive".

Internationally: 1. Goldman Sachs: Market expectations for a Fed rate hike are overly hawkish. 2. Mizuho: The Eurozone bond market is focused on short-term capital flows, oil prices, and bond supply. 3. ING: The euro is undervalued against the dollar and will appreciate moderately in the coming weeks. 4. Bank of America: A Republican midterm victory would extend the bull market, while a Democratic defeat would spread risks. 5. ANZ: The New Zealand election is unlikely to prevent the Reserve Bank of New Zealand from raising interest rates. 6. Daiwa Securities: Japan's economic growth is weak, and the government may postpone announcing the end of deflation. Domestically: 1. CITIC Securities: The Hang Seng Tech Index's correction has a significant event-driven effect. 2. Huatai Securities Hong Kong Stock Strategy: A balanced approach rather than rotation is recommended to cope with a highly volatile environment. 3. CITIC Securities: Current demand in the computing power industry chain remains resilient, and the A-share technology recovery is not yet over. 4. CITIC Securities: PCB/CCL performance was strong in the first half of the year; further growth is expected in the second half. 5. CITIC Securities: Lithium carbonate inventory reduction accelerates, fundamental pricing rebounds. 6. CITIC Securities: The trading characteristics of funds extending duration in the second quarter have continued, but the risk-reward ratio of ultra-long-term investments has changed marginally. 7. CITIC Securities: Domestic computing power will possess both industrial and utility attributes in the future, potentially becoming an important tool for a new round of industrial upgrading and capital formation. 8. China Merchants Securities International: DeepSeek model and Harness framework released, open-source ecosystem leads to continuous improvement in the competitiveness of domestic models.

1. The 2026 World Robot Conference will be held in Beijing from August 19th to 23rd. Data shows that over 300 companies will participate, a 36% increase compared to last year, with over 150 new products debuting, a 21% increase. 2. Several companies, including Magic Atom and Kengo, will unveil new humanoid robots and industrial robots at the conference. 3. Unitree Robotics released a 30-second video today showcasing a "Superman" robot whose jumping and running records have surpassed all human records for standing high jump and running speed. However, no new product announcements have been seen at the conference. 4. Besides this robot conference, several other events are worth noting this year; see the image for details.