Chinese robotics firm Dema Technology has finalized plans for an embodied-intelligence robotics industrial park. The project is designed to align with the company’s embodied-intelligence strategy and create a full business matrix covering core component design and production, system integration of embodied-robot bodies, and vertical-domain large models and data assetization, aiming to coordinate hardware manufacturing, body innovation, system integration and data intelligence.

CSRC Chairman Wu Qing said at the HKEX on Aug. 3 that the CSRC and Hong Kong counterparts are accelerating preparations to include RMB equity trading counters and REITs in the Shanghai-Shenzhen-Hong Kong Stock Connect.

Five former Trump administration officials say the White House has few good options after Iran demanded control of the Strait of Hormuz as a condition for ending hostilities. Senior U.S. officials, including Secretary of State Rubio, have warned against any deal that would allow Iran de facto control of the strait, saying it would complicate future U.S. sanctions enforcement by requiring waivers for transit payments and would weaken international pressure on Iran’s nuclear program; Rubio called it a dangerous precedent. Fractured communications among Iranian factions further complicate negotiations. The impasse arrives with U.S. midterms three months away and U.S. retail gasoline averaging $4.10/gal versus $3.85/gal a month ago. Continued concern over U.S. casualties, attacks on U.S. bases and ongoing Iranian missile threats to Gulf states risk further upward pressure on energy prices. There is no sign of an easy post-election exit. Danny Sitrenovitz, a non-resident Atlantic Council fellow, said any diplomatic settlement could require some Iranian control of the strait—politically unacceptable to many—while further military escalation would likely keep oil prices elevated without guaranteeing Iranian strategic change.