Saudi Arabia's GDP fell 4.8% YoY in Q2 2026. Non-oil activity contracted 24.7% YoY in the quarter.

Egyptian cabinet says no party has claimed responsibility for the attack.

Since July, sharp overseas market weakness and imported shocks have increased volatility in A-shares. A recent rumor of a domestic lithography-machine R&D breakthrough sent ASML shares lower and pushed related A-share sectors higher. Market moves suggest greater supply-chain autonomy is reducing A-shares' sensitivity to external shocks and helping form a defensive moat. China has a near-complete industrial system, a large engineering workforce and deep end-market demand; domestic substitution is shifting from single-point wins toward coordinated full-chain progress. Continued industrial-chain improvement should raise listed companies' long-term growth value and resilience to external risk. Investors should temper valuation assumptions for “industrial-chain security”: the direction is clear, but the process may be uneven.