China's foreign minister Wang Yi met Brunei's foreign minister in Manila on July 22 and conveyed President Xi Jinping's greetings to Sultan Hassanal Bolkiah. Wang said Beijing and Bandar Seri Begawan will implement leaders' consensus via the China–Brunei joint government steering committee to deepen cooperation in trade, energy, artificial intelligence and maritime joint development, and to build a higher-level China–Brunei strategic partnership; the discussion follows the 35th anniversary of di

Huatai Securities said July iterations of Kimi and Q2 updates to GLM validate the core domestic-model thesis and could shorten iteration cycles. The firm estimates the technical gap versus closed‑source overseas models has narrowed to about 3–4 months; combined with higher cost‑effectiveness, domestic providers are lifting capability ceilings and pricing power. Huatai’s tests show K3 is only marginally weaker than GPT‑5.6 Sol, while GLM 5.2 benchmarks roughly at OPUS 4.7. Investment takeaway: rapid capability improvement should reinforce industry-chain positives. Near term, pricing power has improved but model‑level competition is intensifying; longer term, rising Agent penetration should expand the addressable market.

Iran's interior ministry spokesman said the interior minister's visit to Pakistan was pre-planned and aimed at increasing trade.