China A-share compute-power leasing stocks rallied again; Inspur Information posted a second consecutive limit-up and hit a fresh high. Guangmai Technology jumped over 10%, while Saiyi Information, Litong Electronics, Shensanda A, Hongjing Technology and Guangdian Yuntong also advanced.

消息人士：位於伊拉克埃爾比勒東北部的一處伊朗庫爾德反對派組織營地遭到無人機攻擊。

July 9 — Noan Fund says recent global volatility, concentrated in tech, reflects positioning around global capex expectations and marginal industry shifts, while fundamentals remain positive. The firm views the recent A-share correction as a market-driven structural rebalancing using short-term negative news, likely sentiment- and structure-led rather than a change in core market logic or systemic risk. Noise-driven volatility could offer medium-to-long-term entry points; the team will await mid-year earnings for validation. Positioning: maintain exposure to the cyclical growth theme; AI is the highest-conviction play. Also highlighted for upward revisions or attention are upstream advanced manufacturing (AI upstream equipment, battery storage, shipbuilding) and upstream resources such as minor metals, energy metals and chemicals.