On July 15, the WeChat account of Cyberspace Administration of China announced that seven mobile-side generative artificial intelligence services have completed their registration. Among them, the 'Apple Smart' large model developed by Apple Technology Development (Shanghai) Co., Ltd. was registered on July 8, 2026, for use on Apple smartphones. This suggests that the AI features for the Chinese version of Apple phones are expected to be launched soon. It is reported that Alibaba is among the partners for this AI functionality. Previously, Alibaba Group Chairman Cai Chongxin stated that Apple had discussions with several companies in China before ultimately choosing Alibaba.
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Apple's AI Features Approved for Chinese Market, Partnering with Alibaba
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Zhongji Xuchuang Nears Approval for Hong Kong IPO, Fundraising Target May Reach $7 Billion
On July 15, sources revealed that Zhongji Xuchuang is about to receive approval from Chinese securities regulators, with its Hong Kong listing plan expected to become one of the largest IPOs in Hong Kong in recent years. The sources indicated that once approved by the China Securities Regulatory Commission, Zhongji Xuchuang could begin applying for a hearing with the Hong Kong Stock Exchange, potentially as early as this week. The company, which produces optical transceiver modules for artificial intelligence and data centers, is considering raising approximately $7 billion in this stock issuance. This amount would significantly exceed previous market expectations. However, they noted that details, including the issuance scale and the timing of final regulatory approval, may still change. -
Oman Official Crude Oil Price Today Reported at $80.14 per Barrel for September Delivery
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Bulk Carrier 'Luni' Sinks in the Strait of Hormuz, Breaks in Two
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Announcement of 7 Mobile-Enabled Generative AI Services Registered with the Cyberspace Administration
On July 15, in order to promote the innovative development and standardized application of generative AI services, the Cyberspace Administration, in conjunction with relevant departments, has orderly carried out the registration of generative AI services in accordance with the requirements of the 'Interim Measures for the Management of Generative AI Services.' This announcement includes the registration information for seven newly added mobile-enabled generative AI services, such as 'Apple AI,' 'Huawei Xiaoyi,' 'vivo Lanhxin,' 'Xiaomi Pengpai,' and 'Nubia Doubao Large Model.' (Jinshi) -
Israeli Official: Prime Minister Netanyahu to Visit the U.S. on Saturday
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Central Bank: Slower and Higher-Quality Loan Growth May Become a New Normal in Macroeconomic Operations
On July 15, Xie Guangqi, Director of the Monetary Policy Department of the People's Bank of China, stated at a press conference held by the State Council Information Office that in the coming period, monetary credit will shift from extensive expansion to intensive development, and the slowdown and quality improvement of loans may become one of the new norms in macroeconomic operations. (Xinhua Finance) -
Central Bank: Do Not Judge Policy Direction Based on Single Market Operation Volume
On July 15, Zou Lan, Deputy Governor of the People's Bank of China, stated at a press conference held by the State Council Information Office that the central bank will consider various factors comprehensively and arrange the types and scales of open market operations reasonably. Sometimes it will absorb liquidity, and at other times it will inject liquidity, ultimately aiming to maintain the total liquidity at an appropriate level to promote stable operation of short-term interest rates near the policy rate. The volume of a single operation serves the need for total liquidity regulation and should not be used to judge the central bank's policy direction. Compared to the central bank's operation volume, the level of short-term market interest rates is a more suitable observation indicator. (Securities Times) -
Central Bank: Social Financing Scale Reaches 462.06 Trillion Yuan by End of June 2026, Up 7.4% Year-on-Year
On July 15, the Central Bank released the financial statistics report for the first half of 2026. Preliminary statistics show that by the end of June 2026, the social financing scale reached 462.06 trillion yuan, a year-on-year increase of 7.4%. Among this, the balance of RMB loans issued to the real economy was 279.16 trillion yuan, up 5.3% year-on-year; the balance of foreign currency loans issued to the real economy, converted to RMB, was 1.18 trillion yuan, down 2.9% year-on-year; the balance of entrusted loans was 11.24 trillion yuan, up 0.5% year-on-year; the balance of trust loans was 4.62 trillion yuan, up 4% year-on-year; the balance of undiscounted bank acceptance bills was 2.02 trillion yuan, down 2.8% year-on-year; the balance of corporate bonds was 36.08 trillion yuan, up 8.9% year-on-year; the balance of government bonds was 101.36 trillion yuan, up 14.2% year-on-year; and the balance of domestic stocks held by non-financial enterprises was 12.49 trillion yuan, up 5% year-on-year. -
China's June M2 Money Supply Grows 8% Year-on-Year, Below Expectations
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