IRNA reports Iran’s Council for Determining Prices and Support Policy for Basic Agricultural Products approved cancelling the harvest-season rice customs-clearance ban; clearance restrictions scheduled for Aug 1–Nov 30 will no longer be enforced. The ban was a temporary measure to protect domestic farmers by prohibiting or restricting rice imports during the country’s harvest season.

cenc's automatic system estimated a magnitude ~3.8 earthquake at 05:02 on July 13 near Gaoxian County, Yibin, Sichuan; final magnitude pending confirmation in a formal rapid report.

Goldman Sachs maintained an overweight on A-shares in a new note, saying this year’s market has seen extreme divergence with A-shares’ hard-tech names substantially outperforming Hong Kong internet. It judges the A-shares AI complex is not broadly frothy but warns valuations in semiconductors and certain subsegments are rich and trading-concentration risk is elevated. Hong Kong internet stocks have rebounded and, Goldman says, current prices largely discount AI investment losses and pressure on core businesses; with subsidy rollbacks and faster cloud/AI monetization, earnings could inflect in Q2–Q3, supporting a gradual accumulation of high-quality Hong Kong-listed internet leaders. On flows, hedge funds remain heavily positioned in Korea and Taiwan while EM funds are beginning to overweight China.