The CSRC issued guidance on capital-market support for a new real estate development model, endorsing refinancing by listed property developers. It permits refinancing via private placements to specified investors; proceeds should be directed to market-oriented real estate projects that meet policy requirements, and the project developers responsible for implementation must comply with regulatory standards. Filings for refinancing by overseas-listed property developers will continue to be proces

China's total social logistics reached 214.5 trillion yuan in Jan–Jul, up 5.0% YoY. Logistics demand stayed stable with an improved structure. Industrial-goods logistics rose 5.3% YoY in Jan–Jul; traditional mining-related logistics was weak while manufacturing remained the growth engine. July manufacturing-related logistics demand rose 5.5% YoY, about 1pp faster than overall industrial-goods logistics. Equipment-manufacturing logistics jumped 12.3% YoY and high-tech manufacturing-related logistics grew 16.9% YoY.

用特朗普本人的話回顧一下6個月的伊朗戰爭： 1. 319帖文反覆變化：從2月28日到8月25日，特朗普在Truth Social上總共發帖至少4189條，平均每天約24條。其中319條提及伊朗，平均約每14小時一條，其表態經歷了威脅開戰 → 宣佈軍事勝利 → 談判停火 → 再次軍事威脅 → 轉向經濟戰的反覆變化。 2. 發文時間： 儘管他在全天不同時段都發布內容，但其關於伊朗的帖子最頻繁出現的時間是美東時間早上8點至11點（北京時間晚上8點至早上11點），這相當於德黑蘭的傍晚早些時候。 3. 帖文關鍵詞：“伊朗”以510次提及位居榜首，遠超第二名。而在這些伊朗相關帖子中，特朗普提到自己的名字“President Donald J Trump / DJT”達221次，甚至超過他提及霍爾木茲海峽、核武器和以色列三者之和。