GMT EIGHT - OPPORTUNITIES IN CHINA

Wang Si stated that the US-Iran conflict is still in the "mid-game" stage, with the US military "seeking an exit," while Iran has set out "six major conditions for reopening the Strait."

Vance stated that the US-Iran conflict "has entered the middle stage," and the US is employing a combination of diplomatic, economic, and military means; Joint Chiefs of Staff Chairman Milley privately expressed to the White House the need to "find an exit" for the conflict, as ammunition stocks have dropped to a "dangerously low level"; on the same day, Iran's Supreme National Security Council Secretary Zolghadr outlined six conditions for reopening the Strait: never threaten Iran, end aggression, withdraw troops, compensate for war damages, lift sanctions, and unfreeze assets.

CITIC SEC: Leading model companies are forming FDE teams, and software companies may have opportunities for a significant value leap.

CITIC Securities released a research report stating that with the penetration of AI Coding, the creation of a new AI commercialization main line is crucial. Model companies such as OpenAI and Anthropic, which have achieved fruitful results in the field of Coding, are beginning to form FDE teams to seek deep integration of model capabilities with real business scenarios.

CITIC SEC: Recommends high-quality leading integrated enterprises in hydropower, nuclear power, and coal power with strong underlying assets.

CITIC Securities released a research report recommending leading hydropower, nuclear power, and integrated coal power enterprises with high-quality underlying assets; H-shares of thermal power with safe valuations and attractive dividends; and new scenarios and models such as virtual power plants and microgrids that benefit from the increasing integration of digitalization and new power systems.

Waiting days in line to access CPU resources? AWS is cracking down on computing power waste and plans to shut down virtual servers in bulk.

According to reports, AWS, a subsidiary of Amazon, is thoroughly investigating the issue of waste concerning its internal computing resources. In May of this year, it issued a warning to its internal engineering teams, requiring strict control over computing power consumption to ensure that business operations can continue to meet customer demand for computing resources. As a result, engineers are in the process of shutting down EC2 virtual servers that were previously used for software development in large batches. Notably, this power-saving initiative is not only targeting AI-specific chips but also traditional CPU servers that have long supported network operations. An AWS employee revealed that in the past, requests for CPU server resources would be approved within hours, but now it often takes several days to receive approval. This kind of resource queuing is rare and can directly slow down the progress of projects. In response, AWS stated that, although market demand for computing power is enormous, the company can still meet the computing needs of the vast majority of internal and external clients.

National Bureau of Statistics interpretation: July CPI maintained a moderate increase while PPI year-on-year growth rate fell back.

According to data from the National Bureau of Statistics, Dong Lijuan, chief statistician of the Urban Statistics Division of the National Bureau of Statistics, interpreted the CPI and PPI data for July 2026.

National Bureau of Statistics: July PPI rose 3.5% year-on-year.

According to data from the National Bureau of Statistics, in July 2026, the ex-factory prices for industrial producers nationwide increased by 3.5% year-on-year and decreased by 0.7% month-on-month.

National Bureau of Statistics: CPI rose by 0.5% year-on-year in July.

According to data from the National Bureau of Statistics, in July 2026, the national resident consumer price index rose by 0.5% year-on-year.

Yushutech will be available for subscription tomorrow.

On August 10, Yushu Technology will officially open subscription on the Sci-Tech Innovation Board, marking the debut of the "first humanoid robot stock" in A-shares. Yushu Technology's stock code is 688836, and the online subscription code is 787836. The issue price is 150.80 yuan per share, corresponding to a market value of approximately 60.993 billion yuan at the time of listing, with a projected price-to-earnings ratio of 219 times for the fiscal year 2025 after issuance. According to the announcement, both online and offline subscription dates are on August 10, with the payment deadline on August 12, and the initial fundraising target is about 6.1 billion yuan. A single subscription requires a payment of 75,400 yuan.

In July 2026, the consumer price index for residents rose by 0.5% year-on-year.

In July 2026, the national consumer price index rose by 0.5% year-on-year. Among them, the urban increase was 0.5% and the rural increase was 0.4%; food prices decreased by 1.5%, while non-food prices increased by 0.9%; consumer goods prices rose by 0.2%, and service prices rose by 0.7%. From January to July, the average national consumer price index increased by 0.9% compared to the same period last year. In July, the national consumer price index decreased by 0.1% month-on-month. Among them, urban areas saw a decrease of 0.1% and rural areas a decrease of 0.2%; food prices remained unchanged, while non-food prices decreased by 0.1%; consumer goods prices fell by 0.6%, and service prices rose by 0.4%.

EB SECURITIES: The recovery of the large refining sector continues, and a reevaluation of high-quality asset values is expected.

Everbright Securities released a research report stating that against the backdrop of oil price fluctuations and the ongoing contraction of global refining capacity, the competitive advantages of leading integrated enterprises across the entire industry chain are being further amplified, and the global competitiveness of domestic large-scale refining enterprises is continuously being validated.

EB SECURITIES: The market may continue to rebound in the short term. It is recommended to focus on three performance main lines.

Everbright Securities has released a research report stating that the market may continue to rebound in the short term, focusing on three key performance lines in the near future.

Understanding Deshi Technology (02526) Mid-term Performance for 2026: Entering a New Stage of the "Medical Imaging AI Research and Production Acceleration Platform"

A visual guide to understanding the mid-term performance of Deshi Technology in 2026.

China Index Academy: In July, the month-on-month increase in residential rents in 50 cities expanded.

The Zhongzhizhong Research Institute announced that in July, the demand for rentals concentrated during the university graduation season was released, and the national housing rental market entered the traditional peak season. The average rental price of residential properties in 50 cities continued to rise, with the month-on-month increase further expanding.

FIFA: Does not support any presidential election process that violates the statutes.

On August 8, local time, FIFA issued a statement saying that, in response to the recent statements from CONMEBOL and CAF, as well as discussions between FIFA and member associations and confederations around the world, FIFA will not support, assist, or tolerate any presidential election process that does not comply with FIFA's statutes, democratic procedures, and established governance frameworks.

Huachuang Securities: Employment data supports the Federal Reserve to maintain its current stance.

Huachuang Securities released a research report stating that employment data supports the Federal Reserve's decision to remain on hold.

Huachuang Securities: July exports remain highly robust; the three major sectors of AI, new energy vehicles, and shipbuilding may jointly support a resilient export performance in the second half of the year.

Huachuang Securities released a research report stating that exports remained highly vibrant in July.

Berkshire (BRK.A.US) Q2 net profit doubled year-on-year to $25.667 billion, with a significant increase in buyback efforts.

Berkshire Hathaway's operating performance in the second quarter saw steady growth, while significantly accelerating its stock buybacks.

Berkshire Hathaway: Cash reserves fell to $365.51 billion in the second quarter; approximately $4.5 billion of stock was repurchased in the second quarter. As of June 30, 66% of the total fair value of equity investments was concentrated in five companies: American Express, Apple, Bank of America, Alphabet, and Coca-Cola.

Berkshire Hathaway's Q2 revenue in 2026 was $101.808 billion, compared to $92.515 billion in the same period last year; net profit was $25.667 billion, up from $12.370 billion in the previous year.

Soochow: In July, the U.S. non-farm payrolls unexpectedly turned negative, and there is still significant room for a decrease in interest rate hike expectations.

Dongwu Securities expects that the important data to be released, including the July CPI, August CPI, and non-farm payrolls with annual adjustments, will continue to weaken the Federal Reserve's interest rate hike expectations.

HIGHTIDE-B (02511): Over 30% increase in just 5 days, is the discounted placement a miraculous recovery or a deadly poison?

On August 7, 2026, Junshengtai Pharmaceutical announced the completion of a new round of placement of 98.71 million shares, raising approximately HKD 222 million. On that day, the company's stock price surged by 16.84%, and it accumulated a gain of 30.77% within five trading days.

The total box office for 2026 exceeds 24 billion.

According to Lighthouse Professional data, as of August 8, the box office for the 2026 fiscal year has surpassed 24 billion. "Racing Life 3," "Kung Fu Soccer," "Letter to Grandma," "The Courier: Wind Rises in the Desert," and "The Eight Immortals!" are currently the top five box office hits of the year.

With multiple favorable policies and cost accounting pricing, can the polysilicon industry chain break out of the "prisoner's dilemma"?

In-depth rectification of "involution-style" competition, promoting the industry's shift from "price competition" to "quality competition," can the standards for cost accounting and price compliance guidance rescue the oversupply in the polycrystalline silicon industry chain?

News on New Stocks | Qinhau Pharmaceutical submits its listing application to the Hong Kong Stock Exchange for the second time, with revenue surging to 560 million yuan in the first five months. GH31 authorizes Gilead to receive an initial payment of 80 million dollars.

Qinhao Pharmaceutical has submitted its listing application to the main board of the Hong Kong Stock Exchange again after initially filing in January 2026.

New Stock News | Qinhao Medical Resubmits Application to Hong Kong Stock Exchange

According to the Hong Kong Stock Exchange's disclosure on August 7, Qinhao Pharmaceutical has submitted its listing application for the second time to the main board of the Hong Kong Stock Exchange, with Huatai International as its sole sponsor.

Apple's smart technology can work with Alibaba's Qianwen model.

On August 8, it was reported that Apple's official website shows that Apple smart devices can work with Alibaba's Qianwen model.

Target price of 70 yuan! UBS initiates coverage of Changxin Technology (688825.SH)!

UBS has initiated coverage of Changxin Technology (688825.SH) with a "Buy" rating and a target price of 70 yuan.

Cui Dongshu: From January to June this year, global sales of new energy vehicles reached 11.22 million units, with China accounting for 62%.

From January to June this year, the world's new energy passenger cars reached 11.22 million units, a year-on-year increase of 13%.

Genew Technologies (688418.SH) disclosed a 1.069 billion yuan private placement plan, targeting integrated space-ground systems, and laying out its strategy for satellite internet and full optical networks.

Zhenyou Technology plans to issue A-shares to no more than 35 specific investors, raising a total of no more than 1.069 billion yuan. Currently, the application for this private placement has received a notice of acceptance for refinancing from the Shanghai Stock Exchange.

The price of the 53-degree, 500ml Flying Fairy Moutai in some direct-sale stores has been raised to 1,753 yuan per bottle.

The reporter learned that some of the Moutai direct-sales stores have raised the price of 53-degree, 500ml Feitian Moutai to 1,753 yuan per bottle, higher than the 1,639 yuan per bottle price on the iMoutai app. "This price is already out of stock today; you can come back tomorrow to inquire again," a staff member from the Moutai direct-sales store told the reporter. In addition to regular Moutai, the prices of the Year of the Horse commemorative Moutai and premium Moutai have also increased. In late July this year, Moutai direct-sales stores in various locations had already raised the price of regular Moutai to 1,719 yuan per bottle.

NVIDIA Corporation (NVDA.US) has set its sights on the power company behind OpenAI's "Interstellar Gateway," investing $3 billion directly.

According to reports, Nvidia plans to invest up to $3 billion in the power infrastructure company Lancium (initially $2 billion for approximately 20% equity, which could increase to about 30% with additional investment), which is the power supplier for OpenAI's "Stargate" AI park and has secured 4 gigawatts of power resources in Texas.

Gold jewelry prices return to 1,300 yuan.

A comparison of domestic gold jewelry prices shows that prices for several brands of pure gold jewelry have returned to 1,300 yuan. Among them, Chow Sang Sang's pure gold jewelry is priced at 1,315 yuan per gram, Chow Tai Fook quotes 1,308 yuan per gram, and Lao Miao Gold is priced at 1,310 yuan per gram.

The U.S. July non-farm payroll data is mysterious: employment decreases, unemployment declines. What do Wall Street analysts think?

The U.S. non-farm payroll report for July has been released, and the conflicting signals in the data have left investors confused about the true state of the labor market.

Data center operator Switch has secretly filed for an IPO on the US stock market, with the earliest listing expected in November.

Insiders revealed that data center operator Switch has secretly submitted an initial public offering (IPO) application to the U.S. Securities and Exchange Commission.

Trump seeks to fire Cook again, reported to be in close contact with Walsh. The independence of the Federal Reserve faces new challenges.

President Donald Trump is "considering" firing Federal Reserve Board member Lisa Cook.

Another interpretation of the non-farm payrolls turning negative: BlackRocks Chief Investment Officer for fixed income states that AI is rendering employment data ineffective, and interest rate hikes are "meaningless."

Reed, the Chief Investment Officer of BlackRock's Global Fixed Income division, believes that the negative non-farm payroll data in July is not a signal of recession, but rather evidence that the AI productivity revolution is reshaping the labor market. He stated that interest rate hikes "make little sense" and advocated for fiscal measures such as regulatory easing to combat inflation, while also shifting funds towards the European bond market and emerging markets. He considers U.S. investment-grade corporate bonds "entirely unattractive," as the market faces a large influx of new supply.

HK Bull/Bear Outstanding Qty Ratio(49:51) | August 8

As of August 8, the latest bull-bear street inventory ratio of the Hang Seng Index is 49:51.

Overnight US stocks | In July, non-farm payrolls unexpectedly declined, and the S&P 500 index reached a record closing high. SpaceX (SPCX.US) surged nearly 16%.

As of the market close, the Dow Jones Industrial Average rose by 151.83 points, an increase of 0.28%, closing at 54,036.93 points; the Nasdaq rose by 342.26 points, an increase of 1.30%, closing at 26,690.62 points; and the S&P 500 index rose by 47.68 points, an increase of 0.62%, closing at 7,757.64 points.

The first round of unlocks did not show selling pressure! SpaceX (SPCX.US) has seen a cumulative increase of approximately 23% over two days, with its market value surging by more than $320 billion.

SpaceX's stock price has risen significantly for the second consecutive trading day, nearing the $135 IPO issue price, marking the first time it has come close to recovering lost ground since falling below this key level last month.

July's non-farm employment numbers cooled, making it difficult to resolve policy differences. Inflation has exceeded the target for five consecutive years, and the faction supporting interest rate hikes within the Federal Reserve is expanding.

Inflation in the United States has been above the Federal Reserve's 2% policy target for five consecutive years, continually testing the patience of decision-makers.

US Stock Market Move | Ticketplus Ltd (TP.US) debuted on the U.S. stock market, dropping over 15% after opening.

As of the time of publication, the stock has fallen over 15%, trading at $6.771.

US Stock Market Move | Latigo Biotherapeutics (LTGO.US) debuts on the U.S. stock market, with its stock price rising over 14% after opening.

As of the time of this report, the stock has risen over 14%, trading at $20.53.

In July, the U.S. non-farm payroll unexpectedly turned negative, dealing a heavy blow to the dollar. The market has lowered its expectations for a rate hike in September, and the Federal Reserve may continue to hold its position.

The employment data for July in the United States was unexpectedly weak, further diminishing the market's expectations for a recent rate hike by the Federal Reserve, leading to a weakening of the dollar on Friday.

US Stock Market Move | BlossomHill Therapeutics (BLSM.US) debuts on the US stock market, with the stock price slightly declining after opening.

As of the time of this report, the stock has dropped over 1%, trading at $15.8.

SAIMO (02571) issues a profit warning, expecting a net loss of approximately 47 million to 51 million yuan for the interim period, a shift from profit to loss compared to the same period last year.

Saimu Technology (02571) announced that it expects the Group's revenue for the first six months of 2026 to be approximately RMB 72 million to RMB 75 million, a decrease of about 17.5% to 20.8% compared to the same period in 2025; the Group is expected to record a net loss of approximately RMB 47 million to RMB 51 million for the first six months of 2026, reversing from a net profit of RMB 390,000 for the six months ending June 30, 2025.

A-shares Evening Hotspots | U.S. Non-Farm Payrolls Unexpectedly Cold in July, Investors Reduce Bets on Fed Rate Hike in September

Data released by the U.S. Bureau of Labor Statistics showed that non-farm employment unexpectedly declined by 23,000 last month, falling short of the market expectation of an increase of 80,000. Traders lowered their expectations for a rate hike by the Federal Reserve in September.

DELTON (01989) released its interim results with a net profit attributable to shareholders of 956 million yuan, a year-on-year increase of 94.39%.

Guanghe Technology (01989) announced its interim results for the six months ended June 30, 2026. The group achieved operating revenue of 4.388 billion yuan, a year-on-year increase of 80.98%; the net profit attributable to shareholders of the listed company was 956 million yuan, a year-on-year increase of 94.39%; basic earnings per share were 2.1394 yuan.

RUIHE DATA (03680) plans to establish a limited partnership.

Rui He Digital Intelligence (03680) announced that on August 7, 2026, its indirectly wholly-owned subsidiary Rui He Digital Intelligence (Shenzhen) entered into a partnership agreement with You Shi Jin Kong and Hainan Bao Shu Investment Co., Ltd. to establish a limited partnership. According to the partnership agreement, the total capital contribution of all partners in the limited partnership is RMB 100 million, with You Shi Jin Kong acting as the general partner, planning to contribute RMB 100,000; Rui He Digital Intelligence (Shenzhen) and Hainan Bao Shu, as limited partners, plan to contribute RMB 11.9 million and RMB 88 million, respectively.

US Stock Market Move | SpaceX (SPCX.US) rose over 8%. The unlock of restricted shares did not lead to selling pressure, and short covering pushed the stock price up.

On Friday, SpaceX (SPCX.US) rose by over 8%, closing at $124.46.

MEMESTRATEGY (02440) issues a profit warning, expecting a mid-term net loss of no less than 65 million yuan.

Mistrategy (02440) announced that the group expects to record a net loss of not less than RMB 65 million for the six months ending June 30, 2026 (six months ending June 30, 2025: a net loss of RMB 34 million). This is primarily due to (i) a fair value loss on assets measured at fair value during the period (a non-cash item) of approximately RMB 12.7 million; and (ii) an increase in administrative expenses of approximately RMB 17.5 million, mainly due to the development of several new collectible-related businesses during the period.

Latest

5 m ago

Meta CTO: The time saved by AI is not meant for taking a vacation.

7 m ago

Suzhou upgrades to a Level 3 emergency response for Typhoon "Suanhai Dolphin."

9 m ago

In response to Typhoon "White Dolphin," there is an ample supply of essential goods in Shanghai's supermarkets.

19 m ago

Flight cancellations, train suspensions, and ferry service disruptions in the Yangtze River Delta region... The impact of the typhoon continues to expand.

28 m ago

The Shanghai and Shenzhen stock exchanges take action, QDII, Guotou Silver, and other LOFs will be delisted.

Seeking Coverage

Being Writer

Exploring Cooperation