Uzbekistan's gold reserves rose to 13.9 mln troy ounces in June.

Citigroup said Kingboard Laminates (01888.HK) announced price increases above expectations and raised earnings forecasts, lifting its PT to HK$130 from HK$120 while retaining a Buy rating. The bank said recent share weakness reflects rotation out of high-valuation AI hardware into non-tech, Meta selling excess compute and a sell-down by largest shareholder Hallgain, but views the pullback as a buying opportunity. Key catalysts include potentially stronger-than-expected average selling prices for electronic fiberglass cloth, which could produce a 1H earnings beat and prompt upward revisions after 1H results. Citigroup raised 2026-28 profit forecasts by 11-12% to about 9.61 bln yuan, 14.28 bln yuan and 19.52 bln yuan. The stock is on Citigroup’s upside-catalyst watchlist, expiring Aug. 2.

克里姆林宫：俄罗斯只有在自身生存受到威胁时，才会准备使用核武器。