Arab Sky News, citing sources, reports the Palestinian Authority currently has no role in Gaza administration and will be allowed to participate only after the Palestinian president completes the required reforms.

After four straight gains Hong Kong opened slightly lower and the Hang Seng Index briefly dipped below its 250-day moving average, falling as much as 235 points to an intraday low of 25,622 after opening down 21 at 25,837, before recovering to close up 0.1%; July gain now >13%. The Hang Seng Tech Index closed up 0.53%, nearly +8% in July. Market turnover was HKD 328.17 bln. Storage names, AI recent listings and PCB stocks led a sharp rebound; brain‑computer interface, electronic components and commercial aerospace also rallied. Alcoholic beverages, consumer electronics and mainland-traded shares corrected; autos, paper and dairy weakened intraday. Leveraged 2x long products tracking SK hynix (07709.HK) and Samsung Electronics (07747.HK) jumped about 67.5% and 48% respectively; Zhipu (02513.HK) +14.5%, MiniMax (00100.HK) +13%, Laopu Gold (06181.HK) +10%; Xiaomi (01810.HK) -7%, Budweiser APAC (01876.HK) -6.5%.

U.S. President Trump said he has no objection to temporarily withdrawing Todd Blanche's nomination for attorney general.