A pause in US‑Iran hostilities has released Gulf crude back into markets, easing earlier disruptions, according to shipping reports, Kpler data and vessel tracking. Venezuela’s July crude loadings fell to 856,000 bpd, the lowest in five months and down 25% MoM; exports to India halved. Supply‑chain adjustments and alternative shipping routes have mitigated initial shocks as the Iran conflict enters its sixth month. Trump on Monday called off a planned strike on Iran to keep talks going; oil pric

CITIC Securities says A-share smart-selection stocks endured a prolonged correction in 1H after HarmonyOS-driven ecosystem diversion and higher memory and lithium carbonate prices squeezed volumes, prices and margins, while AI-driven fund inflows drained liquidity. With interim-report headwinds largely priced in and capital rebalancing from AI into non-AI names, the rebound has exceeded expectations. CITIC views this as a right-side buying opportunity and expects August’s new-car catalyst window to support performance.

DeepSeek-V4-Flash official API has entered public beta and China’s National Supercomputing Internet simultaneously launched model API-call and download services. Users can access the API via the National Supercomputing Internet website service panel or download the model from the Supercomputing Internet AI community. A trusted Notebook environment is provided to support end-to-end fine-tuning, deployment and adaptation workflows.