HKEX data show JP Morgan's short position in CATL (03750.HK) H shares rose to 3.09% on Aug 7 from 2.45%.

China A-share film and cinema sector jumped; Ruyi Film hit the daily limit while Beijing Culture earlier sealed the board to record a third straight limit-up. China Film, Jinyi Film, Zhongguang Tianze, Xingfu Lanhai and Hengdian Film also rose.

TRUMP says the United States has full control of the Strait of Hormuz and expects to maintain that control. He described the U.S. maritime blockade as an 'iron wall' and said Iran cannot counter it. He asserted Iran lacks a navy and air force, that remaining soldiers are unpaid, the IRGC has been heavily damaged and is retreating, leadership is 'uncertain', and the country is financially crippled with '300% inflation' and worsening; he said Iran now 'talks but does not act' and is no longer a regional bully.