Phillip Securities maintained a sell rating on SpaceX (SPCX.O) with a PT of $75, citing high capex, concentration of AI clients and reliance on short-term cloud-service contracts; said a valuation re-rate would require clients to commit to longer-term contracts.

State Administration of Foreign Exchange (SAFE) data show banks' conversions of foreign exchange into yuan were CNY 1,809.7 bln in July and banks' foreign-exchange sales were CNY 1,685.6 bln, leaving a monthly net conversion surplus of CNY 124.1 bln. January–July cumulative conversions totaled CNY 12,602.0 bln versus sales of CNY 10,604.8 bln (net surplus CNY 1,997.2 bln). In July banks' agency foreign-currency receipts were CNY 5,883.7 bln and payments CNY 5,477.0 bln (net receipts CNY 406.7 bln). January–July agency receipts totaled CNY 38,312.8 bln and payments CNY 36,199.3 bln (net receipts CNY 2,113.5 bln).

IRNA reported the Hormozgan Ports and Maritime Organization said oil-spill cleanup on Qeshm Island is complete.