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Today · 2026-07-31 · Fri

Russia has indicated that it will wait for Trump to come up with a new plan for ending the war in Ukraine

On Friday, 24 July, the Kremlin stated that Russia believed in the sincerity of United States President Tripp ' s efforts to end the war in Ukraine and that, while the United States continued to provide weapons to Kiev, the Russian side would await a new solution from Washington. At the same time, the Kremlin spokesman, Peskov, stated that Russia would continue to pursue its stated objectives through military means. Peskov said: “Yes, (military action) is not the preferred path, but in view of the lack of prospects for peace, we will stay the course until a complete victory is achieved. However, we await a new proposal.” Kim Xian

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The new Shinefields winner, Jacob, announced his accession to OpenAI

On 24 July, Jacob Zimmerman, one of the winners of the Shinto Fields Prize, announced that he would join OpenAI, focusing on the area of artificial intelligence security, following his acceptance of the highest honour in mathematics in Philadelphia. When asked about future plans at the post-winning press conference, Zimmerman put it simply: “I think the world is changing. The mathematics profession that we know well, and I don't think it will ever exist in its present form." He also announced that he would join OpenAI。

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ENCRYPTED AS MARKETER B2C2 SEEKS TO SELL OVER $1 BILLION

ON 24 JULY, INFORMED SOURCES REPORTED THAT 90 PER CENT OF THE ENCRYPTED CURRENCY HELD BY THE JAPANESE SBI HELD SHARES AS A MARKETER B2C2 HAD NEGOTIATED SOME OR ALL OF THE SALES WITH POTENTIAL BUYERS OVER THE PAST 18 MONTHS. ACCORDING TO KNOWLEDGEABLE SOURCES, THE MAIN OBSTACLE TO THE NEGOTIATIONS WAS A VALUATION DISAGREEMENT, WITH B2C2 SEEKING A VALUATION OF MORE THAN $1 BILLION, BUT IN THE CURRENT CONTEXT OF THE WEAK ACTIVITY OF ENCRYPTED MARKET TRANSACTIONS AND INDUSTRY EARNINGS CONSTRAINTS, IT WAS MORE DIFFICULT TO REACH RELATED TRANSACTIONS. IT IS NOT CLEAR WHETHER NEGOTIATIONS ARE STILL MOVING FORWARD。

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EU 21st round of sanctions on Russia extended to 14 encryption-related platforms

THE EUROPEAN UNION (EU) HAS EXPANDED THE SCOPE OF SANCTIONS AGAINST RUSSIA TO INCLUDE A7 CROSS-BORDER PAYMENT NETWORKS AND THEIR NEWLY ESTABLISHED AFRICAN LINKS, AS WELL AS THE A7A5 STABILIZATION CURRENCY USED TO CIRCUMVENT SANCTIONS. THE LATEST SANCTIONS PROGRAMME EXTENDED TRADE BANS TO 14 ENCRYPTION-RELATED PLATFORMS IN COUNTRIES SUCH AS GEORGIA, THE UNITED ARAB EMIRATES AND PANAMA, AND INTRODUCED A TOOL THAT COULD BE USED FOR A TOTAL BAN ON ENCRYPTED ASSET SERVICES IN RUSSIA. IN ADDITION TO DIGITAL ASSETS MEASURES, EU ALSO IMPOSED AN ASSET FREEZE AND A TRADE BAN ON 94 BANKS AND MAJOR FINANCIAL INSTITUTIONS AND EXTENDED THE TRADE BAN TO AN ADDITIONAL 33 RUSSIAN CREDIT AND FINANCIAL INSTITUTIONS。

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Ji-won started to go to Hong Kong, and in 2025, universal human robots were the world's largest

On 24 July, the Human Robotics Corporation, Ji Won, started the process of taking to Hong Kong for listing. According to Omdia, in 2025 the General Human Robotics of the Genius was over 5,100 and ranked first in the world, accounting for about 39 per cent of the market. In June this year, the 15000th Universal Robotic Elf G2 has been cut off. This is another head player who enters the capital market after Tesla and Boston power。

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Ningde era: net profit of $43.284 billion in the first half of 2026, an increase of 41.98 per cent over the same period

The Ninde Times Proclamation stated that income from business in the first half of 2026 was 27,617 billion yuan, an increase of 54.80 per cent over the same period; the net profits attributable to shareholders in listed companies was 43.284 billion yuan, an increase of 41.98 per cent over the same period; and the net profits attributable to shareholders in listed companies, a decrease of 39,013 billion yuan, an increase of 43.44 per cent over the same period. The net profit during the same period of the previous year was $30,485 million. The company proposes a base figure of 4,598 million shares, net of total equity, and a gold bonus of $14.11 (including tax) per 10 shares. (Wall Street smelling)

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Two sectors: Accelerating the promotion of artificial intelligence and transport

On 24 July, the Ministry of Transport and Communications and the National Development and Reform Commission jointly issued the Opinions on Deepening the Reform of the Integrated Transport System, which led to the intellectual upgrading of transport numbers through scientific and technological innovations. Optimizing the deployment of national strategic science and technology capacities in the field of transport and accelerating the development of integrated transport science, technology and innovation systems. Strengthening cross-sectoral coordination of scientific and technical tasks related to integrated and intelligent transport. Accelerate the promotion of artificial intelligence and transport. Improving the system of standards for the digital transformation of transport infrastructure. Research to establish a regulatory regime for intelligent shipping. Research to develop policies and standards for low-altitude land, air and land-based synergy and United Nations intermodal transport。

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Hwang In-hoon's most recent and important statement: the chip industry will not experience a recession for some time and will need to expand five to tenfold

AN EXTENSIVE AND IN-DEPTH DISCUSSION ON THE STATUS OF ARTIFICIAL INTELLIGENCE WAS HELD BETWEEN YOUNG WEIDA CEO WONG IN-HOON AND AXIOS CO-FOUNDER MIKE ALLEN. HUANG IN-HOON STATED THAT, DESPITE THE LONG-STANDING CYCLE OF THE CHIP INDUSTRY, “THIS TIME THE SITUATION IS DIFFERENT”. EVEN TAKING INTO ACCOUNT THE EXTREME CYCLICAL FLUCTUATIONS IN THE HISTORY OF THE CHIP INDUSTRY (AS SHOWN IN THE FIGURE), THERE IS ROOM FOR THE CURRENT BOOM TO CONTINUE. WHEN ASKED WHETHER THE INDUSTRY WAS ABOUT TO DECLINE, HUANG IN-HOON REPLIED: “NO, IT WILL NOT HAPPEN FOR SOME TIME TO COME. THIS WAS DIFFERENT, AS IT WAS NOT DEMAND-DRIVEN.” WONG IN-HOON FURTHER EXPLAINED THAT THE CURRENT AI BOOM IS NOT DRIVEN BY CONSUMER DEMAND, WHICH HAS LONG BEEN THE MAIN DRIVING FORCE OF THE INDUSTRY. THE CURRENT AI BOOM IS INDUSTRY-DRIVEN, MEANING THAT CORE COMPUTER TECHNOLOGY IS CHANGING. WE NEED A COMPLETELY NEW INFRASTRUCTURE HIERARCHY ON A GLOBAL SCALE. HAVING ACCESS TO ENERGY, THE INTERNET, ROADS AND RAILWAYS, WE NOW NEED TO BUILD THE INTELLIGENT LAYER OF ARTIFICIAL INTELLIGENCE, I.E., A LAYER OF INFRASTRUCTURE BUILT ON THEM. AND THIS LAYER OF INFRASTRUCTURE DEPENDS ON CHIPS. I THINK OUR SEMICONDUCTOR INDUSTRY MAY BE FIVE TO TEN TIMES LARGER THAN IT IS NOW... THE INDUSTRY IS TOO SMALL. ALL OF THIS IS EXTREMELY SHORT BECAUSE IT IS NOT A CYCLICAL ISSUE OR A CONSUMER DEMAND, BUT A FUNDAMENTAL INFRASTRUCTURE-RELATED FACTOR. AS A RESULT, THE WHOLE INDUSTRY IS IN SHORT SUPPLY. I THINK WE HAVE TO DOUBLE THE SIZE OF THE INDUSTRY. KIM XIAN

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Publication by the Iranian side of satellite images of attacks on United States military bases in Kuwait

On 24 July, at local time, the Iranian side issued a satellite image showing that a ballistic missile had hit the United States military airbase at Ali Salim in Kuwait, causing significant damage to some of the buildings. On 24 January, the Iranian military indicated that the Iranian army had launched a new round of drone strikes on a number of United States military targets in Kuwait on that day. According to the Iranian military, the operation was a response to the continued United States military operations, which used the “Arash” drone to attack the United States military equipment warehouse in Udairy, Kuwait, as well as the United States military positions at the Doha and Arifjan barracks. (In Russian)

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Ningde era: proposed to buy back shares of $20 billion to $40 billion for write-off

ON 24 JULY, THE NINGDE ERA (300,750.SZ) ANNOUNCED THAT THE COMPANY INTENDED TO BUY BACK SHARES IN COMPANY A USING ITS OWN OR SELF-FINANCING AS A CENTRALIZED COMPETITIVE TRADE, WITH A TOTAL OF NOT LESS THAN $20 BILLION AND NOT EXCEEDING $40 BILLION AND A MAXIMUM OF $573/EQUITY. REPURCHASES OF SHARES WILL BE USED TO CANCEL AND REDUCE THE COMPANY ' S REGISTERED CAPITAL AND WILL TAKE PLACE WITHIN 12 MONTHS OF THE DATE OF ADOPTION BY THE SHAREHOLDERS ' MEETING。

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ANALYSIS: UNITED STATES JULY PMI OPENING DATA MAY UNDERESTIMATE THE IMPACT OF THE SITUATION IN THE MIDDLE EAST

THE DUTCH COOPERATIVE BANK ANALYST WARNED THAT THE JULY PMI OPENING FOR THE UNITED STATES, TO BE RELEASED TONIGHT, MIGHT NOT FULLY REFLECT RECENT GEOPOLITICAL AND COMMODITY MARKET CHANGES. THE ANALYSTS NOTED THAT THE JULY SURVEY WAS LIKELY TO HAVE BEEN COMPLETED IN THE PAST TWO WEEKS AND THAT, IF A LARGE NUMBER OF INTERVIEWEES HAD RESPONDED EARLIER, THEY MIGHT NOT HAVE FULLY TAKEN INTO ACCOUNT THE CURRENT DEVELOPMENTS IN THE MIDDLE EAST AND THE IMPACT OF THE OIL PRICE INCREASE THIS WEEK, SO THAT THE FINDINGS MIGHT HAVE BEEN BIASED. KIM XIAN

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