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On August 31, Saudi Arabias Minister of Communications and Information Technology, Abdullah Swaha, stated on the 30th that Saudi Arabia values its partnership with China, recognizing Chinas strong momentum in technological development, and is willing to further expand cooperation with Chinese technology companies. Speaking at a press conference on the eve of the LEAP technology exhibition, Swaha noted that Chinas technological achievements are attracting widespread global attention. The introduction of new artificial intelligence models by China often triggers extensive international media coverage, reflecting Chinas robust wave of knowledge and technological development.
On August 31st, Tencents Hunyuan issued a statement saying that since its initial integration with WorkBuddy on August 28th, 2026, the Hunyuan Hy4 preview has received positive feedback from users and developers due to its significantly improved Agent capabilities. However, queuing occurred in the WorkBuddy task queue on the first day of launch, for which the company sincerely apologizes. To ensure a good user experience, the company has urgently expanded the Hy4 preview inference cluster and will continue to dynamically allocate resources. However, due to limitations in the total high-end computing power and peak concurrency, queuing may still occur at certain times.
Biren Technology (06082.HK) rose more than 9% after its results announcement; in the first half of 2026, the company achieved operating revenue of RMB1.236 billion, a year-on-year increase of 1997.6%; during the period, the loss narrowed significantly to RMB377 million, a year-on-year decrease of 76.4%.
On August 31, the Thai government announced plans to strengthen regulation of the gold trading industry, including online and physical gold trading, to curb money laundering, fraud, and other financial crimes. The Director of the Fiscal Policy Office and spokesperson for the Ministry of Finance told reporters on Friday that the Ministry is working with the Bank of Thailand to develop legislation to enhance regulation of the industry and improve transaction transparency. The government plans to move gold trading to a fully digital system so that regulators can track the source and flow of funds. This move aims to close regulatory loopholes and help identify suspicious activity and verify transactions. The spokesperson stated, “The key is to digitize everything so that all information can be interconnected. This will allow the government to monitor the entire market and immediately detect abnormal behavior.”
Market news: Thailand plans to strengthen regulation of the gold trading industry, including online and physical gold bar trading, in order to curb money laundering, fraud and other financial crimes.