ANTHROPIC called to slow development of advanced AI models; Elon Musk and other industry figures signaled support. Zheshang Securities analysts say the move will weigh on AI hardware suppliers and large-model developers in the short term, but is medium- to long-term positive for AI application providers and AI terminal/endpoint vendors. Analysts expect continued expansion of AI compute capacity, an unchanged trend toward domestic Chinese compute, and explosive growth in global token usage, which

CSI 300 index futures (IF) main contract fell 0.79%; SSE 50 index futures (IH) main contract fell 0.39%; CSI 500 index futures (IC) main contract fell 1.29%; CSI 1000 index futures (IM) main contract fell 1.48%.

Adam Baron, researcher at New America's Future of Security Project, said a drone attack from Iraq on a Saudi oil pipeline underscores how combustible the Middle East is. Since US and Israeli hostilities with Iran began six months ago, he said, a series of linked, multi-front conflicts has been igniting across the region. The Houthis' rapid seizure of a key Yemeni west-coast city from Saudi-backed forces is "an unequivocal turning point", he said, marking the loss of some of Yemen's most strategically important territory. Given Yemen's position, no military movement is weightier than an armed group's ability to enter the Bab al-Mandeb. He said the internationally recognized government withdrew after little fighting—possibly as a tactical move to prepare for future battles—and that Saudi-led airstrikes alone are unlikely to dislodge the Houthis; a unified ground force will be required.