Per OpenRouter estimates, global AI model calls reached 69 trillion tokens in the week of Aug 3-9, up 21.48% WoW. Chinese models accounted for 34.25 trillion tokens, up 21.76% WoW; US models logged 9.17 trillion tokens, up 109.36% WoW. Chinese models have led US weekly call volumes for 15 consecutive weeks. DeepSeek‑V4‑Flash‑0731 (official DeepSeek‑V4‑Flash release) ranked first with 8.83 trillion tokens, up 570% WoW; Tencent Hy3 was second at 8.05 trillion tokens, up 67% WoW.

China A-share gaming sector slipped at the open; Dasheng Culture and Caesar Culture fell over 6%, while Kaiying Network, Kunlun Wanwei, Shengtian Network, Century Huatong and Giant Network also declined.

Hang Seng rose 0.72% to 25,853.69 at midday after an early gap higher that briefly added more than 200 points and brought the index back above its 250-day moving average; the Hang Seng Tech index briefly gave back gains before noon and was up 0.37% at 4,876.20. Market turnover hit HK$140.8 billion. Livestock and innovative-drug names led gains, with gold, coal and consumer sectors also outperforming; storage, optical communications and semiconductor/compute-hardware-related sectors lagged. Guotai Junan International (01788.HK) resumed trading and jumped 36.3% after Guotai Haitong (02611.HK) proposed a take‑private at about a 44.2% premium. Wuxi AppTec (02359.HK) closed up 2.86% after an intraday record high of HK$204.20. Muyuan Foods (02714.HK) rose 4.18%, Chifeng Gold (06693.HK) gained 3.09%; GigaDevice (03986.HK) fell 6.17% and Hua Hong Semiconductor (01347.HK) dropped 3.05%.