South Korea's KOSPI index surged 17% intraday to 6,545.15 points.

Netflix (NFLX.O) and AMC (AMC.N) reached a global streaming licensing agreement covering all series in AMC's The Walking Dead universe.

On July 31 the China State Planner said it will accelerate legislation of an AI law. It reported faster domestic AI innovation in 1H, noting local firms, including Moonshot AI, have released open-source large models at roughly trillion-parameter scale and Chinese models have surpassed 10 bln global downloads. Policy priorities: speed up independent innovation (basic theory, training and inference efficiency, multimodal models, intelligent agents), accelerate construction of national AI application pilot bases, and deepen the AI ecosystem by fostering downstream intelligent firms while managing the dynamic balance between development and security.