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Today · 2026-07-30 · Thu

Draft bill on the Strait of Hormuz is under consideration by various Iranian parliamentary committees

ON 26 JULY, AL JAZEERA QUOTED THE IRANIAN NATIONAL BROADCASTING CORPORATION (IRIB) AS REPORTING THAT THE NATIONAL SECURITY COMMITTEE OF THE IRANIAN PARLIAMENT, IN COLLABORATION WITH THE SUBCOMMITTEE ON JUSTICE, ECONOMICS AND CIVIL AFFAIRS, WAS CONSIDERING A DRAFT BILL ON THE MANAGEMENT OF THE STRAIT OF HORMUZ. ALTHOUGH IRAN HAS NOT YET PUBLISHED THE SPECIFICS OF THE DRAFT BILL, OFFICIALS HAVE PREVIOUSLY INDICATED THAT IT IS INTENDED TO ESTABLISH IRAN ' S SOVEREIGNTY OVER THIS SEA LANE AND THAT IT IS PROPOSED TO LEVY FEES ON SHIPS PASSING THROUGH THE STRAIT. IN MAY, THE DEPUTY SPEAKER OF THE IRANIAN PARLIAMENT, ALI NIKZAD, STATED THAT THE DRAFT STIPULATED THAT ISRAELI VESSELS “NEVER BE ALLOWED TO PASS THROUGH THE STRAITS OF HORMUZ” AND THAT SHIPS FROM “ENEMY STATES” WOULD NOT BE GRANTED ACCESS UNLESS WAR-RELATED LOSSES WERE COMPENSATED. KIM XIAN

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Iran, Omani round of consultations on the Strait of Hormuz

TODAY, 26 JULY (26 JULY), THE SPOKESMAN FOR THE IRANIAN MINISTRY OF FOREIGN AFFAIRS, BAGHAE, STATED THAT FROM 24 TO 25 JULY, IRAN AND OMAN HAD HELD SEVERAL ROUNDS OF TALKS AT THE LEVEL OF DEPUTY FOREIGN MINISTER IN TEHRAN. ON THE BASIS OF RESPECT FOR THE SOVEREIGN RIGHTS OF THE TWO LITTORAL STATES, IRAN AND OMAN, THERE WAS AN IN-DEPTH EXCHANGE OF VIEWS ON COMMON PRINCIPLES AND SPECIFIC OPERATIONAL MECHANISMS TO ENSURE THE SAFE PASSAGE OF SHIPS IN THE STRAIT OF HORMUZ. BAGHAE STATED THAT THE TALKS HAD BEEN FRUITFUL AND THAT SOME PROGRESS HAD BEEN MADE. THE DELEGATION OF OMAN LEFT TEHRAN IN THE AFTERNOON OF 25, BUT CONSULTATIONS WILL CONTINUE AT THE TECHNICAL AND POLITICAL LEVELS. IN ADDITION, BAGHAE STATES THAT THERE HAS BEEN NO CHANGE IN THE CURRENT STATUS OF SHIP TRAFFIC IN THE STRAIT OF HORMUZ. (CCTV INTERNATIONAL TIMES)

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The Iranian military claims to have prepared for possible air strikes or ground operations

On 26 July, at 26 local time, the spokesman for the Iranian armed forces, Shakarci, stated that the current situation facing the United States was confusing and unfavourable, and that the United States side had “failed to achieve its stated objectives” in the Strait of Hormuz and in weakening Iran. Shekalci stated that the United States was currently seeking a new strategy that would not exclude the possibility of a withdrawal from war, but that “will depend on the agreement of the Israeli side”. He also indicated that with the visit of Israeli Prime Minister Netanyahu to the United States, Iran might face scenarios such as air strikes or ground military operations in the future. However, in the ground war option, the United States “will face greater vulnerability”. Shekalci indicated that Iran was well prepared for all possible scenarios. (observed)

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FOR THE FIRST TIME THIS YEAR, THE KOREA PENSION FUND WAS TRANSFORMED INTO A KOSPI NET BUY-IN. TAXI

ON 26 JULY, THE KOREAN EXCHANGE DATA SHOWED THAT PENSION FUNDS, INCLUDING THE NATIONAL PENSION ASSOCIATION (NPS), WHICH IS ONE OF THE LARGEST INSTITUTIONAL INVESTORS IN THE KOREAN STOCK MARKET, WERE FIRST CONVERTED INTO NET PURCHASES IN THE KOREAN STOCK MARKET THIS MONTH. KOREA EXCHANGE DATA SHOW THAT, AS OF 24 JULY, THE NATIONAL PENSION ASSOCIATION AND OTHER PENSION FUNDS HAVE ACCUMULATED A NET PURCHASE OF 68.4 BILLION WON (APPROXIMATELY $46.8 MILLION) OF THE KOREAN KOSPI INDEX COMPONENT UNIT SINCE JULY THIS YEAR. THIS WAS THE FIRST TIME IN THE YEAR THAT A SINGLE-MONTH NET BUY-IN OF A PENSION FUND WAS ACHIEVED AFTER SIX MONTHS OF NET SALES. IN TERMS OF SPECIFIC SHARES, SK HERCULES WAS THE LARGEST PURCHASE SINCE JULY OF THE PENSION FUND, WITH A NET PURCHASE OF 42,58.8 BILLION WON。

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The Korean diaspora bought Samsung and Sky Hercules single-leverage ETF before the regulatory tightening

On 26 July, the data showed that South Korean diasporas had bought 14 single-stock leverage ETFs on 24 days and about 450 billion won a day. Prior to this, the Korean diaspora had accumulated net sales of about 500 billion won for three consecutive days. According to data from the Korea Exchange and Koscom Check, as at 26 July, the bulk investors had sold 14 leverage products for three consecutive days, from 21 to 23 July, with a cumulative net sale of 547,171.38 billion won. This trend was reversed on 24 July. In just one day, individual investors bought seven three-star single-leverage items, amounting to 103,895.9 million won, and seven SK Helix single-leverage items, amounting to 350,268.8 million won. It is worth noting that this net buy-in took place on “Black Friday”, when the KOSPI index fell by more than 5 per cent and the three-star electronics and SK Hercules collected a 7-8 per cent drop. As a result, single-stock leverage ETFs, based on the shares of the two companies, also fell by 15 to 16 per cent. The analysis found that the sharp fall in single-equity ETF prices attracted some investors to low-purchase. In addition, as the new rules for raising the minimum security requirement are to be implemented from 31st day, some individual investors may wish to increase their silos by “amortizing” them before regulations tighten, thus contributing to the demand。

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U.S. media exposure to Trump has suspended strikes on Iranian insiders

On 26 July, according to the United States New York Times, United States President Trump has now put on hold plans for a major escalation of his military strike against Iran, fearing that the escalation of the fighting could dangerously consume the reduced stocks of the Pentagon's “patriotic” anti-missile interceptors and other anti-aircraft munitions in the Middle East. Government officials reportedly indicated that the pressure to intercept ammunition stockpiles was one of the many factors that made the resumption of large-scale military operations extremely risky. In addition, the Terang Senior Adviser was disturbed by the prospects for a possible expansion of fighting in the Middle East, the possible alienation of key Gulf allies vulnerable to Iran ' s attacks, the impact on the global economy and the intensification of the energy and refugee crises。

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Samsung Lee and OpenAI are reported to have consulted the AI-Semiconductor cooperation programme

On 26 July, according to the Korean media, Samsung Telecommunications Chairman Lee met with OpenAI founder Ortmann at OpenAI headquarters in San Francisco to consult on a programme of cooperation in the field of artificial intelligence and semiconductor. OpenAI 26 was announced to the public, and on the morning of 25 local time, Lee met with Altmann at his headquarters in San Francisco. OpenAI does not disclose the specific content and topics of the talks, but industry observers have determined that the two sides are likely to communicate on a more intensive basis around the AI infrastructure of high bandwidth memory, dynamic random access memory (DRAM) and advanced crystals. The two parties have also explored a three-star, full-business-generated, artificial-intellectual transformation programme。

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SK HERCULES' SECOND-QUARTER PROFIT OR RECORD SOUTH KOREA'S ACCUMULATED COMBINED PROFIT OF TWO MALES COULD BREAK 1.5 TRILLION WON

On 26 July, the second-quarter performance of SK Hercules will be announced on 29 July, and after three-star electrons, it is expected that SK Hercules will also record a new high in the second quarter of this year. According to reports issued by 14 coupons from the Korean financial information agency Yonhap Infomax over the past month, the second quarter of SK Hercules's income and operating profits are projected to be 84,0597 trillion won and 64,0899 million won, respectively. The business profits for the second quarter are expected to be about 17 trillion won higher than the operating profits of 47.2 trillion won in the entire last year. In the first half of the year alone, SK Hercules would have earned more than 10 trillion won. Earlier this month, Samsung Electronics also released its initial performance report, with strong performance in its DS sector, with a profit of 89.4 trillion won. If the performance of SK Hercules was in line with market expectations, the combined profits of the two companies in the second quarter would exceed 1.5 trillion won。

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Midday, July 26th

7.00-12 noon Keywords: Mask, In Weeda, Catsie Wood 1. Mask has fallen in price, turning itself into the “former trillionaire”; 2. The panic and greed index stands at 26 and the market is still in a state of panic; 3.CZ: Long-term investors can buy in bulk using a fixed-investment strategy; 4. Cathy Wood: Tesla and SpaceX are their best-looking AI shares; 5. The global stock market value has risen to 137 per cent of global GDP, close to the highest ever; 6. British Weeda's Open Power Heavy Model has doubled to 50 Googles。

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ON AUGUST 1ST, THE SUI WILL UNLOCK $9.76 MILLION IN TOKENS

On 26 July, Onchain Lens wrote on platform X that SUI was down 82.8 per cent from its historic height about one year ago, and that on 1 August it would unlock a token value of $9.76 million. A total of 13.72 million SUIs will be released, of which 7.65 million will be early contributors, 4 million will be community reserves and 2.07 million will be Mysten Labs Treasury. In the past 30 days, 22.6 million coins, approximately $16.1 million, have been unlocked in four separate incidents. Its total attribution plan has been completed 40.6 per cent. The maximum distribution drums are Others 52.2 per cent, Community 26.0 per cent, Private Investments 14.1 per cent. The current price is US$ 0.7136。

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Open letter co-sponsored by the Open weight Model of England doubled to 50 Googles

On 26 July and 24 July, the CEO Wong In-hoon, Inc., launched a development on a social media platform, sharing a letter entitled " Open weights and American AI leadership ", calling for the promotion of open weight artificial intelligence models. The original letter issued by Hoang In-hoon contained 25 co-signed signatures. The number of co-sponsors of this letter has now doubled to 50. OpenAI is one of the 25 new institutions, and others include Google, AMD, Cisco, Cloudflare, GitHub, Block and Ollama. However, the absence of Anthropic and Amazon, which are the most noteworthy details of the list, has never appeared in any version of the list。

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THE GLOBAL MARKET VALUE OF STOCK MARKETS ROSE TO 137 PER CENT OF GLOBAL GDP, CLOSE TO THE HIGHEST EVER

On July 26, The Kobeissi Letter wrote that the market value of the global stock market had risen to 137 per cent of global GDP, close to the highest ever. Since April 2025, the percentage has increased by 40 percentage points, which is comparable to the peak level during the Meme stock boom of 2021. In contrast, before the 2008 financial crisis, the global stock market value peaked at about 120 per cent of GDP. The total market value of the global stock market has risen to a record $16.6 trillion this month. The total market value of the United States stock market is approximately $77 trillion, or about 46 per cent of the global total. AI is driving historical growth in the stock market。

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WONG IN-HOON TALKS ABOUT OPEN AND CLOSED SOURCE AI MODELS: THE TWO WILL COEXIST FOR A LONG TIME, AND CLOSED SOURCE MODELS ARE NOT NATURAL AND SAFER

On 26 July, in an interview with Bloomberg podcasts, In-hoon Ying Weida Wong stated that open models and closed source models would coexist in the future for a long time, serving different needs. Closed-source models are often more user-friendly and less costly, but enterprises need to build their own AI based on open-source models if they need to control data, professional capabilities, service levels or national sovereignty-related capabilities. According to Huang In-hoon, open models are essential for security, cybersecurity, innovation, start-ups and technological sovereignty. Closed-source models are not naturally safer by virtue of their proprietary properties and may still be subject to escape, theft or internal leakage; if the model's shield or sandbox is not well designed, they may also cause attacks on other corporate systems. AI The industry cannot rely on a single defensive node, but should build a large-scale distributed self-defence capability. It would be wrong to interpret AI simply as an open or closed source, and to argue that open models are necessarily unsafe is equally ill-founded. Hwang In-hoon, citing as an example the security incident at Hugging Face, understood that when the proprietary model was unable to assist in the sorting of the problem, Hugging Face used the open model GM 5.2 to identify the holes and the location of the invasion and quickly complete the repairs. In his view, the event demonstrated the ability of open models to provide the necessary self-defence capabilities and the importance of AI technological diversity。

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BitMart announced that it would terminate the platform in an orderly manner and close all trading services effective 26 August

On 26 July, BitMart, in a letter from Platform X, stated that it had decided to cease the operation of the trading platform in an orderly manner, following a careful assessment of the company ' s operating conditions, market environment and future strategic direction. New registration, filling and new trading orders will be suspended at 01:30 UTC on 26 July 2026; All trading services will cease at 01:00 UTC on 26 August 2026; Platform operations will officially terminate at 15:59 UTC on 31 January 2027. Cashier services will remain open. BitMart also stated that it was recommended that all users should settle, complete KYC and withdraw assets as soon as possible。

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Mask fell in price and turned himself into the top trillion

On 26 July, the Tesla (TSLA.O) stock price dropped by nearly 20 per cent this week to $313.03 per share, the largest single-week fall since 2022, and SpaceX (SPCX.O) to $115.07 per share, the lowest level of the company since IPO last month. Data from the Bloomberg billionaire index show that Mask's personal wealth evaporated in five short trading days by about $130 billion (approximately $880 billion yuan), while just a few weeks ago he was the first man in the history of humanity to have broken $1 trillion. Mask himself, on social platforms, called himself “a trillionaire”。

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The President of Korea, Lee Ming Li, invited U.S.-American technology

On 26 July, according to the Korean Federation, President Lee Jae-ming of Korea stated: “The Republic of Korea and the United States should expand their cooperation beyond long-standing security alliances to cover the areas of science, technology, innovation and start-ups.” He stressed that a combination of United States-class venture capital and global networks, with Korea ' s advanced technological strength and manufacturing competitiveness, would create a new set of global innovative enterprises. Lee has also called for greater cooperation and increased investment in Korea by venture capital firms in the United States, while committing to creating the most attractive investment and entrepreneurship environment worldwide. He stated that his country would reform its visa system to better attract entrepreneurial talent from abroad, while laying the foundation for a system of cooperation between domestic and foreign enterprises, research institutions and investors. He also pledged to help start-ups in Korea to grow into globally competitive enterprises through a private and government-managed fund。

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