MERZ said reopening the Strait of Hormuz would immediately lower energy market prices, including prices in Germany.

SK Hynix CEO Guo Luzheng said the global memory chip shortage is likely to persist through the end of 2030 and that oversupply risk is low because AI-era demand has made memory chips less of a standardized commodity. He said he sees no signs of oversupply or a pending memory downcycle as demand from AI customers remains strong. If AI demand has peaked or a new downturn occurs, he warned challenges could emerge but expects any future downcycle to be gradual — a slow demand decline or stabilization rather than a sharp fall.

Anhui Statistics Bureau: Jan–Jul operating revenue of large-scale industrial enterprises totaled 3.726 tln yuan, up 17.6% YoY; operating costs 3.227 tln yuan, up 16.2%; total profit 195.9 bln yuan, up 63.5%. Cost per 100 yuan of revenue was 86.62 yuan and expenses 7.31 yuan. At end-July accounts receivable were 1.636 tln yuan, up 25.6%, and finished goods inventory 310.7 bln yuan, up 19.6%. Revenue per 100 yuan of assets was 80.2 yuan; revenue per employee 2.089 mln yuan.