Xiaomi Auto launched the Pengcheng N90 Max with a pre-sale price of 299,900 yuan.

The Hong Kong Monetary Authority said the Federal Reserve's decision to hold rates met market expectations. The Fed's post-meeting statement noted continued growth, a steady labor market and still-elevated inflation, reflecting the committee's concern about the inflation outlook. HKMA said Hong Kong's monetary and financial markets remain orderly. Under the linked exchange rate system, HKD interbank rates largely track US dollar rates, while short-dated HIBORs are also driven by local HKD liquidity, including seasonal factors and capital-market flows. Movements in US rates will depend on inflation, labor-market outcomes and other data and will affect Hong Kong's interest-rate environment. HKMA said it will continue to monitor markets to maintain monetary and financial stability.

Onshore yuan closed at 6.7564 per U.S. dollar at 16:30 on July 30, strengthening 91 pips versus the previous trading day.