TotalEnergies CEO said a VLCC round-trip via the Strait of Hormuz carries roughly $20m in freight and insurance. He added that, with producers "eager to find buyers", TotalEnergies is buying crude inside the Persian Gulf at about $50-60/bbl, and thos

Key News 1. The National Development and Reform Commission (NDRC) publicly solicits opinions on the "Draft Amendments to the Measures for the Administration of Outward Investment," allowing investors to continue investing in overseas financial markets through channels such as Qualified Domestic Institutional Investors (QDII), Stock Connect, and Cross-border Wealth Management Connect. 2. Ministry of Finance: Securities transaction stamp tax reached 186.4 billion yuan from January to July, a year-on-year increase of 99.2%. 3. State Council Executive Meeting: Firmly grasp the opportunities presented by the construction of the next-generation communication network and consolidate and enhance the competitive advantages of my country's information and communication industry. 4. Central Cyberspace Affairs Commission: Guide the coordinated layout of newly built computing facilities and renewable energy power generation, and continue to carry out the construction of national green computing facilities. 5. Anhui Province: Support cultural and tourism enterprises in revitalizing existing assets through ABS, REITs, and inter-institutional REITs. Individual Stock News 1. Changcun Holdings' IPO application status on the Science and Technology Innovation Board has changed to "accepted." The company's revenue for January-March 2026 was 47.042 billion yuan, and its net profit attributable to the parent company was 33.379 billion yuan. 2. Muyuan Foods signed a strategic cooperation agreement with Huawei. 3. Yangtze Optical Fibre and Cable: Net profit of RMB 2.924 billion in the first half of the year, a year-on-year increase of 888.88%. 4. Zijin Mining: Net profit of RMB 39.17 billion in the first half of 2026, a year-on-year increase of 68.17%. 5. InnoLight Technology: Net profit of RMB 13.651 billion in the first half of the year, a year-on-year increase of 241.7%. 6. InnoLight Technology: The company's product price decline was relatively rational, not the sharp decline rumored in the market. 7. Eastmoney: Net profit increased by 44.85% year-on-year in the first half of the year, driven by increased net income from securities fees and commissions, financial e-commerce services, and increased lending. 8. Lens Technology: Net profit decreased by 49.52% year-on-year in the first half of the year, due to cyclical disruptions in memory chip demand and reduced revenue from assembly business. 9. Dongshan Precision: Net profit of RMB 2.957 billion in the first half of the year, a year-on-year increase of 290.09%. 10. Dongshan Precision: Plans to increase investment in its optical chip and optical module expansion project to US$1.7 billion. 11. Tonghuashun: First-half net profit increased by 90% year-on-year; proposed dividend of 2 yuan per 10 shares. 12. Runbei Aerospace: First-half net profit increased by 44.82% year-on-year; proposed dividend of 3.5 yuan per 10 shares. 13. Haoxiangni: First-half net profit of 744 million yuan, a year-on-year increase of 3851.85%. 14. ZTE Corporation: First-half net profit of 2.753 billion yuan, a year-on-year decrease of 45.57%. 15. Huatian Technology: First-half net profit increased by 259% year-on-year; expansion of memory packaging and other businesses. 16. Shangwei New Materials: Consumer-grade robots open for pre-order; first batch expected to ship as early as September. 17. China Tungsten High-Tech: Subsidiary plans to invest 190 million yuan in a technology upgrade and capacity expansion project for high-precision micro-tools for AI high-speed, high-frequency PCBs. 18. Jiayuan Technology: Due to false information in its prospectus and annual report, its stock has been subject to other risk warnings. 19. Baiya Co., Ltd.: Prices of its main materials have recently fallen significantly from their Q2 peak and are expected to continue a gradual downward trend. 20. Dongxin Co., Ltd.: Plans to use 682 million yuan of oversubscribed funds to invest in a research and development project for in-memory computing integrated chips.

According to the Financial Times, the UK Office for National Statistics is using artificial intelligence to cut costs and improve data.