美国中央司令部：在美国总统的指示下，美国中央司令部部队已开始对伊朗实施新一轮打击，以进一步削弱其威胁霍尔木兹海峡航行自由的能力。

MOFCOM and eight ministries issued guidance to accelerate retail-sector innovation, including promoting use of the digital RMB for consumer voucher issuance and settlement. The guidance calls for leveraging digital RMB smart contracts to enable more efficient circulation and precise, rapid delivery of subsidy funds. It backs full-chain digitization of retail operators—procurement, inventory, logistics and online-offline integration—and encourages platforms and third‑party tech vendors to provide digital management systems and shared resources to small and medium retailers. The document also promotes AI+ applications such as intelligent shopping assistance, low-altitude delivery and unmanned vending.

July 9 — Noan Fund says recent global volatility, concentrated in tech, reflects positioning around global capex expectations and marginal industry shifts, while fundamentals remain positive. The firm views the recent A-share correction as a market-driven structural rebalancing using short-term negative news, likely sentiment- and structure-led rather than a change in core market logic or systemic risk. Noise-driven volatility could offer medium-to-long-term entry points; the team will await mid-year earnings for validation. Positioning: maintain exposure to the cyclical growth theme; AI is the highest-conviction play. Also highlighted for upward revisions or attention are upstream advanced manufacturing (AI upstream equipment, battery storage, shipbuilding) and upstream resources such as minor metals, energy metals and chemicals.