Southbound funds were net sellers of CNY 1.457 bln today. Via Shanghai–Hong Kong Stock Connect, Meituan-W and Alibaba-W saw net selling of HKD 966 mln and HKD 962 mln respectively; Zhipu led net buying at HKD 1.13 bln. Via Shenzhen–Hong Kong Stock Connect, SMIC and Hua Hong Semiconductor posted net selling of HKD 2.014 bln and HKD 1.633 bln respectively; the Tracker Fund of Hong Kong recorded the largest net buy at HKD 2.975 bln.

美國6月出口物價指數月率 -0.6%，預期-0.4%，前值由1.30%修正爲1.2%。

CHINA met Cambodian Prime Minister Hun Manet in Shanghai on July 17. CHINA urged acceleration of the "Industrial Development Corridor" and "Fish‑Rice Corridor" projects, optimization of power and agricultural sectors, and promotion of AI and the digital economy to support Cambodian livelihoods. The sides will use the diplomatic, defense and public‑security "3+3" strategic‑dialogue mechanism to jointly target cross‑border crime, including counterfeit goods, smuggling, online gambling and telecom fraud. CHINA said it is willing to work with Cambodia to implement four global initiatives and supports Cambodia‑Thailand dialogue to consolidate the ceasefire and build mutual trust.