A-share AI application theme saw localized buying; China Software jumped to its daily limit, Inspur Software hit limit-up, and Guozi Software, NSFOCUS, Chengmai Technology and Jiuqi Software rallied sharply.

The Australian government will replace paper passenger arrival cards with an electronic arrival card, committing A$56.1m over the next four years to modernize airport passenger processing. The e-arrival system will be phased in to all international airports and seaports within 12-18 months. Authorities say the change will speed passenger clearance by digitizing pre-arrival data, reducing manual processing and improving risk-assessment data quality to better manage biosecurity threats; the trade and tourism minister added it should boost the competitiveness of Australia’s tourism sector.

The Ministry of Water Resources' Haihe River Water Resources Commission said Panjiakou reservoir on the Luan River saw a first flood peak at 19:00 on July 11 with inflow 2,250 m3/s and water level 216.21 m. After a short fall, a second peak arrived at 16:00 on July 12 with inflow 3,460 m3/s and water level 218.98 m. The second peak is now stored in the reservoir. To ease downstream flood pressure, operators fully closed the spillway from 13:30 on July 12, halting prior releases of about 250 m3/s; releases are expected to resume at 250 m3/s at 06:00 on July 13. The commission will closely monitor incoming flows.