A senior U.S. official said U.S.-Iran talks have made progress but will ultimately either result in an agreement or fail to do so.

A-shares open: Shanghai Composite down 0.13%, Shenzhen Composite Index up 0.53%, ChiNext Index up 0.59%. Semiconductor-equipment precision metal-parts "little giant" Tuolunsi jumped 800% on its debut.

Samsung will announce new foldable models on July 22, expected to include the Galaxy Z Flip8, Galaxy Z Fold8 and Galaxy Z Fold8 Ultra. South Korean media, citing industry sources, report the Z Fold8 Ultra’s U.S. price will top $2,000, with $2,099 described as “very likely” versus the Z Fold7’s $1,999.99 launch price — implying about a $100 increase; pricing is not final as Samsung continues to review overall strategy. Reported drivers include a RAM supply strain and earlier price increases on the Galaxy S26 series.