U.S. presidential envoy Witkoff, Treasury Secretary Bessent and Secretary of State Rubio attended a meeting between U.S. President Trump and Israeli Prime Minister Netanyahu.

Hong Kong equities extended multi-week gains; the Hang Seng Index opened 64 pts at 25,271 and peaked 233 pts higher at 25,440 before reversing, testing the 100-day moving average after weakness in memory and AI names. The market recovered into the close; Hang Seng finished up 0.41%, Hang Seng Tech +0.61%, turnover HK$250.63bn. Sector winners included gaming software, non-alcoholic beverages and restaurant stocks; film & entertainment and autos rose for a second day, while education and road transport rebounded. Laggards were memory/storage, newly listed AI names, PCB plays, semiconductors and power-equipment stocks. Notable movers: Horizon Robotics (09660.HK) +8%, NetEase (09999.HK) and JD.com (09618.HK) >+4%, Leapmotor (09863.HK) and SenseTime (00020.HK) +3.7%; China Southern 2x long SK Hynix (07709.HK) down >30%, China Southern 2x long Samsung Electronics (07747.HK) -26.7%, Laopu Gold (06181.HK) down >23.5%, Zhipu (02513.HK) down >18.5%, MiniMax (00100.HK) down >14%.

cenc measured a magnitude 5.8 at 11:34 on July 28 in Xinghai County, Hainan Prefecture, Qinghai (35.35N, 99.58E), depth 10 km. Qinghai registered two M5+ shocks with epicentres roughly 1 km apart, separated by 18 minutes; tremors were felt in Xining and Lanzhou. China Earthquake Administration has activated a level-4 emergency response.