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On August 12th, China Resources Land (01109.HK) announced that for the month ended July 31, 2026, the Company and its subsidiaries achieved total contracted sales of approximately RMB14.1 billion and total contracted sales area of approximately 410,000 square meters, representing year-on-year growth of 6.0% and a decrease of 11.0%, respectively. For the first seven months of 2026, cumulative contracted sales amounted to approximately RMB130.6 billion, with a total contracted sales area of approximately 3.573 million square meters, representing year-on-year growth of 5.7% and a decrease of 22.0%, respectively. In July 2026, the Groups recurring revenue was approximately RMB4.41 billion, representing year-on-year growth of 5.6%, of which rental income from operating real estate rental business was approximately RMB2.86 billion, representing year-on-year growth of 6.6%. The company’s cumulative recurring revenue for the first seven months of 2026 was approximately RMB 30.88 billion, representing a year-on-year increase of 7.3%. Of this, rental income from operating real estate rental business was approximately RMB 20.73 billion, representing a year-on-year increase of 11.7%.On August 12th, the Peoples Bank of China (PBOC) released its 2026 Q2 China Monetary Policy Implementation Report. Since the beginning of this year, influenced by factors such as the tense situation in the Middle East, international crude oil and commodity prices have risen, and inflation levels in major economies have generally increased due to external supply shocks. Recently, the monetary policies of major overseas central banks, such as the Federal Reserve and the European Central Bank, have shown adjustments or tendencies towards adjustments, which may have spillover effects on the global economy and financial markets. The monetary policy stances of major overseas central banks are trending towards a shift. As of the end of July, among the central banks of major developed economies, the European Central Bank and the Bank of Japan had raised interest rates, while the Federal Reserve maintained its interest rate but released hawkish signals. It is expected that this round of monetary policy adjustments by major central banks will be relatively mild. Over the past decade or so, monetary policy adjustments by major central banks have often had significant spillover effects on the global economy and financial markets. However, based on the current situation, it is expected that the magnitude of this round of monetary policy adjustments will be relatively mild, and the impact may be smaller than in the past.A senior Iranian source said the United States violated the interim agreement just 48 hours after it was reached and withdrew from it a few days later.A senior Iranian source stated that there have been no discussions between Iran and the United States regarding extending the ceasefire. From Irans perspective, the ceasefire agreement has no effective date, therefore there is no need to extend it.Market sources indicate that a senior Iraqi security delegation will visit Saudi Arabia tomorrow to discuss a range of security issues.