Hong Kong shares opened: Hang Seng Index down 0.08%, Hang Seng TECH up 0.3%. 01347.HK, 00100.HK and 02513.HK climbed more than 14%; Lenovo Group (00992.HK) and SMIC (00981.HK) rose over 8%.

Bank of England expects private-sector regular pay to rise 3.0% YoY in Q4, 3.1% YoY in Q4 2027 and 3.1% YoY in Q4 2028.

On July 30 the China Coast Guard carried out law-enforcement patrols in China’s Huangyan Island territorial waters and adjacent areas. Since early July it has stepped up patrols and enforcement, employing verbal warnings, interception/blocking and water cannon to expel unauthorised intruding and harassing vessels, and has tightened control of the waters to safeguard China’s territorial sovereignty and maritime rights.