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Today · 2026-07-31 · Fri

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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The Hyperliquid Aid Fund holds 46 million HYPEs at a market value of approximately $2,689 million

According to news from 24 July, real-time data on the chain show that the Hyperliquid Protocol Assistance Fund currently holds 46 million HYPE tokens, representing a market value of approximately US$ 2,689 million at current market prices. The fund is the original deflation mechanism of the Hyperliquid Agreement, which provides for the automatic and continuous repurchase of HYPE coins from secondary markets for more than 97 per cent of the transaction costs of the Agreement。

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Lancetech: Sign a cooperation note with Intel CONTENTS

On 24 July, a memorandum of cooperation was signed with Intel Corporation, a wholly-owned subsidiary of Lenth International (Hong Kong) Ltd., in the Lanth Tech Bulletin. The memorandum deals mainly with the parties ' intentions and initial arrangements for cooperation in the area of advanced sealing of glass tremors (TGV), including key processes such as glass base plate piercing, high-precision laser processing, metallic perforation and multilayer interconnected wiring. The two parties will discuss and assess potential cooperation, and Intel will provide information on the structure, design guidelines for manufacturing, baseline testing and validation methods. The memorandum shall remain in force for a period of one year from the date of signature of the authorized representatives of the parties and may be extended by agreement prior to its expiry. Kim Xian

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The Prime Minister's disclosure convinced Trump to hit Iran: show it in front of seven slides

On 24 July, Israeli Prime Minister Netanyahu revealed details of his “convincing United States President Trump to strike Iran” in a recent podcast. Netanyahu claimed to be showing Israel ' s plan of action to Trump with seven slides. Netanyahu also stressed that he had said to Trump at the time, “Not to ask if you would allow us to do this, but to tell you that this is what we are going to do”. According to him, Trump did not respond on the spot, but “consider again and finally joins the IDF attack”。

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Re-engineered by the Big Model Team: Establishment of the Base Model Department and expansion of Yao Haun duty

On the afternoon of 23 July, the internal announcement announced the establishment of the Foundation Models Department, the consolidation of the Big Language Models Department and the Multimodal Models Department, and the full integration of the relevant operations and teams into the new Department. Yao Sun-Yo, Chief Scientist of AI, also heads the Department of Basic Models, reporting to Lushan, Director of the Technical Engineering Enterprise. In addition, the announcement did not disclose the whereabouts of the leader of the former MMA model, Boreje, and there was no response to the recent news of the recent departure of the MMA head, who would be replaced by the former OpenAi researcher, Yong Yonggyu Tanya. As a result of the consolidation of large-language models and multi-modular model departments, Yao Hao ' s duty to rain was expanded, and it was stated that this change would further enhance model development and synergy and help explore full-modular model smart caps。

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The Hong Kong Exchange issued a summary of its consultations on proposals for improving the competitiveness of the listing mechanism

On 24 July, the Hong Kong Exchange issued a document stating that it had issued a summary of its consultations on the proposal to improve the competitiveness of the listing mechanism. A total of 73 responses were received from various sectors of the market, and there was broad support for all the previous recommendations in the consultation paper. All recommendations will be adopted, with some minor modifications. For different voting rights, the market value threshold is reduced to HK$ 20 billion or HK$ 6 billion, with revenue of HK$ 600 million in the latest audited fiscal year. If the market value at the time of listing was HK$40 billion, the upper limit of the different voting rate could be raised to 20 to 1. The scheme extends to the possibility of all new applicants submitting a listing application in private。

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NEXT WEEK, THE SK HERCULES, SAMSUNG ELECTRONICS, AND MANSION ARE ABOUT TO ANNOUNCE THEIR LATEST PERFORMANCE

On 24 July, next week, the SK Hercules, Samsung Electronics and Mandarin stockhouses are about to release their latest performance: on Wednesday, 29 July, SK Hercules will disclose his second quarterly financial statements. Visible ALPHA unanimously expected that SK Hercules would again be expected to hand over an outstanding quarterly report card. The company ' s second quarter revenue will increase by 260 per cent over the same period, to $52 billion. Of this amount, the DRAM operation is expected to earn $40.4 billion, an increase of 265 per cent over the same period; the NAND flash operation is expected to receive $13.1 billion, an increase of 330 per cent over the same period. On Thursday, 30 July, Samsung Electronic will officially publish the full second-quarter financial report. Prior to 7 July, preliminary performance data had been released by Samsung. The second quarter of the year saw an increase of 129 per cent, to 17.1 trillion won (approximately $116.6 billion); during the same period, there was an increase of 89.4 trillion won (approximately $58.4 billion), an 18-fold increase over the same period, the highest single-quarter record ever recorded. On Friday, 31 July, the Zhang Man will publish the first financial season of the 2027 fiscal year, and the market expects that its single-quarter profits will double those of the previous quarter。

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