On July 11 Guangdong provincial government signed a comprehensive strategic cooperation agreement with JD.com; JD.com broke ground the same day on its first RoboBase in the core zone of Guangzhou’s Huangpu Science City. The project spans about 190,000 sq m of gross floor area and targets three segments—robotics core components, full-system manufacturing and high-end intelligent equipment—with emphasis on embodied intelligence, industrial robots, service robots and upstream/downstream supply‑chai

The U.S. Treasury sold $22.0bn of 30-year bonds at a stop-out yield of 5.058% (about 0.3bps below pre-auction levels) with a bid-to-cover of 2.44. Indirect bidders—predominantly offshore institutions—took 77.74% of the issue; direct (domestic) bidders accounted for just 12.24%, signalling relatively weak onshore demand. Analysts say this points to price-driven, opportunistic foreign buying—investors only re-enter when yields sufficiently compensate duration and fiscal risks—not a structural, broad-based return to Treasuries. Market implications: the auction eases near-term upside pressure on long-end yields and reduces tail-risk; for gold the effect is neutral-to-negative since high nominal yields keep holding costs elevated and limit durable gains absent a clear drop in real rates. Overall, recovery in long-end demand appears contingent on yield attraction rather than unconditional safe-haven flows.

The National Marine Forecasting Center expects a high risk of seawater backflow inundation overnight on the 11th in coastal low-lying areas of Wenzhou, Zhejiang — Lucheng District, Dongtou District and coastal parts of Yueqing. A risk warning has been issued; authorities advise affected coastal residents to monitor marine disaster alerts and take protective measures.