Brett McGurk, a CNN analyst who has served in senior national security positions under US presidents Bush, Obama, Trump, and Biden, wrote that Iran's leverage in the Strait of Hormuz is at risk of failing. The article states that the six-month confl

Key News 1. Two departments: The maximum term for personal housing loans will be extended from 30 years to 40 years, and the ratio of monthly mortgage payments to income will be controlled below 50%. 2. Three departments: Local governments should vigorously and orderly promote the sale of completed commercial housing, achieving "what you see is what you get." 3. National Data Administration: Research and explore business models such as value-added subscriptions and performance-based payments, focusing on major scenarios in the national economy. 4. Income from the transfer of restricted shares of listed companies will be subject to a 20% personal income tax rate. 5. Ministry of Finance: Local surtaxes are proposed to be taxed at a rate ranging from 11% to 13%. 6. National Development and Reform Commission: Systematically promote the planning and construction of the "Six Networks" and expedite the planning of a number of key projects. Individual Stock News 1. Changxin Technology: Net profit for the first half of the year was 77.605 billion yuan, turning a loss into a profit year-on-year. 2. Changxin Memory officially announced: LPDDR6 memory has officially entered mass production. 3. Muxi Technology: First-half net profit of 612 million yuan, turning a profit year-on-year; GPU product shipments significantly increased. 4. Montage Technology: First-half net profit of 1.997 billion yuan, a year-on-year increase of 72.33%. 5. Yuanjie Technology: First-half net profit of 607 million yuan, a year-on-year increase of 1212%. 6. Wuliangye: First-half net profit of 8.753 billion yuan, a year-on-year increase of 89.30%. 7. Sungrow Power Supply: First-half net profit of 5.259 billion yuan, a year-on-year decrease of 32%; proposed dividend of 6.4 yuan per 10 shares. 8. BYD: First-half net profit of 12.325 billion yuan, a year-on-year decrease of 20.54%. 9. Ganfeng Lithium: First-half net profit of 4.257 billion yuan, a year-on-year increase of 901.36%. 10. Tongfu Microelectronics: First-half net profit of 1.717 billion yuan, a year-on-year increase of 317%. 11. Litong Electronics: First-half net profit of 702 million yuan, a year-on-year increase of 1275.15%. 12. Huazheng New Materials: First-half net profit increased by 305% year-on-year, driven by rising copper clad laminate prices and sales volume. 13. PetroChina: First-half net profit increased by 22% year-on-year; proposed dividend of RMB 2.6 per 10 shares. 14. BOE Technology Group: First-half net profit of RMB 5.248 billion, a year-on-year increase of 62%. 15. Inspur Information: First-half net profit of RMB 2.952 billion, a year-on-year increase of 269.59%. 16. Changguang Huaxin: First-half net profit increased by 238% year-on-year, driven by rapid growth in optical communication business. 17. Biwin Storage: Proposed cash dividend of RMB 4.242 per 10 shares for the first half of 2026. 18. JA Solar: Significant growth in photovoltaics is unlikely in the next few years, but the integration of photovoltaics and energy storage is becoming closer. 19. Huatai Gas: Plans to raise no more than RMB 700 million for projects such as the Jiangsu Huatai Semiconductor Materials Production Base Construction Project. 20. GRINM Silicon: Plans to acquire equity in Shandong GRINM AIS and Shandong GRINM Semiconductor, which is expected to constitute a major asset restructuring.

Australia Q2 seasonally adjusted business inventories YoY -0.4% (previous -0.3%).