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According to Hong Kong Stock Exchange filings, HSBC Holdings (00005.HK) spent HK$19.9 million to repurchase 1.3 million shares on August 14.Iranian Foreign Ministry spokesman Baghae: Fundamentally, the problem between us and the United States is not about mediation; the problem lies in the American way of thinking, its misjudgments, and its clinging to methods and means that have been proven to fail countless times, while the US administration continues to repeat the same mistakes. The result will inevitably be no different from the past.Iranian Foreign Ministry spokesman Bagaei: Admitting mistakes can be a prerequisite for making the right decisions, but I doubt whether US policymakers have that courage.On August 17, Wang Guanhua, spokesperson for the National Bureau of Statistics and deputy director of the Department of Comprehensive Statistics of the National Economy, stated at a press conference held by the State Council Information Office that the effects of comprehensively addressing involutionary competition continue to emerge. With the continued effectiveness of capacity control in key industries and the comprehensive rectification of involutionary competition, the supply and demand relationship in some industries has improved. In July, the prices of lithium-ion battery manufacturing and photovoltaic equipment and component manufacturing rose by 8.9% and 2.8% year-on-year, respectively. In the next stage, relevant departments will further expand domestic demand, optimize supply, focus on cultivating and strengthening new growth drivers, comprehensively address involutionary competition, create a fair competitive market environment, continue to ensure supply and stabilize prices, and promote the stable operation of industrial product prices.On August 17, according to the Iranian news agency IRNA, a spokesperson for the Iranian Foreign Ministry, in response to the US governments announcement of unprecedented sanctions against Iran (including a land blockade), stated: "These measures will not have any impact on Irans position. Whether in this war or over the past 50 years, the US has trapped itself in a vicious cycle of war, discrimination, pressure, and sanctions. If you recall, during the Democratic administration, the concept of so-called paralyzing sanctions was proposed, followed by the maximum pressure campaign during the Trump administrations first term. These actions demonstrate the inhumane nature of the Americans; they cut off our peoples drug supply, used every means to pressure Iran, and ultimately resorted to illegal military aggression, and are still suffering the consequences. Rest assured, these tried and ineffective old methods will not produce new results. Undoubtedly, not only now, but long ago, we prepared necessary contingency plans based on our assessment of various scenarios in which the US might continue to act maliciously against Iran in various ways. Iran will certainly use all means to deal with the new situation."
