Xiaomi Group (01810.HK) Q2 2026 revenue 108.9 bln yuan, down 6.1% YoY from 115.96 bln yuan a year earlier.

On the 18th, Iranian parliament speaker Mohammad Bagher Ghalibaf said the Strait of Hormuz will not be opened until the US unfreezes Iranian assets, lifts oil sanctions, ceases all military threats and operations on all fronts and meets other conditions of the memorandum of understanding. He said the MoU's chance to lift the blockade and secure a ceasefire would help bolster Iran's economic resilience and rebuild defensive capabilities. Ghalibaf warned Iran is prepared to respond with heavier strikes to any hostile transgressions.

A-share indices opened lower, rallied briefly then slid; at midday the Shanghai Composite fell 0.39%, the Shenzhen Composite dropped 1.09% and the ChiNext index eased 1.3%. Turnover across Shanghai and Shenzhen was 1.64 trillion yuan, up 139.3 billion yuan from the prior session. More than 3,900 stocks were down. Grain-related names extended gains, with genetically modified/seed stocks leading—several seed producers including Qiule Seed, Nongfa Seed, Jingliang Holdings, Wanxiang Denong, Denghai Seed and Yasheng Group hit daily limits. Pork names were active: Luoniushan posted a second consecutive limit-up and Tianbang Foods hit the limit. Fertilizer, dairy and glass-substrate sectors outperformed. AI-related names underperformed, with Daheng Technology, Zhongguang Tianze and Kaipu Cloud among decliners. Compute-rental names plunged; Hongbo fell over 9%, and Xingyun Technology, Jinkai New Energy, Huijin and Qunxing Toys each fell more than 5%. Software development, cloud office and gaming sectors were also among the day’s laggards.