GMT EIGHT - OPPORTUNITIES IN CHINA

Qatar's LNG ship was attacked in the Strait of Hormuz and lost control, causing the situation in the Middle East to suddenly escalate.

A transport ship loaded with liquefied natural gas from Qatar was hit by a projectile while passing through the Strait of Hormuz, leading to a sudden escalation of tensions in the Middle East and placing new pressures on the global energy market.

JP Morgan: The de-leveraging phase for hedge funds has come to a close, and AI computing investments have finally achieved a profitable cycle.

The extreme reduction in market positions that had persisted for two months is returning to normal. In the second quarter, the extreme position data showing concentrated selling of technology and Korean-related holdings across the market has been restored to historically neutral levels.

AWS accelerates again, and Amazon.com, Inc. (AMZN.US) AI investment enters the return verification period.

To assess the quality of Amazon's current performance, attention should be focused on four main areas: operating profit, AWS growth rate, advertising growth, and cash flow pressure.

Goldman Sachs: In July, the crowded trades were smashed, and while the U.S. stock market bull run hasn't ended, it's become harder to navigate.

The outlook for the U.S. stock market remains favorable, but the risk-reward ratio is no longer cheap, and the upward elasticity of global stocks is weaker than before. The bull market is not ruled out, but we are not entering a phase of "buying and lying down to win."

BYD's sales in July exceeded 419,000 units, with nearly 180,000 units sold overseas.

BYD has released its latest sales data, achieving a total automobile sales of 419,211 units in July 2026, with passenger vehicle sales reaching 411,072 units. The overseas market has become a core growth driver, with overseas sales of passenger cars and pickup trucks in July reaching 179,841 units, a year-on-year increase of 124.3%. Among the segmented brands, the Dynasty and Ocean networks continued to be the main contributors, with a combined sales of 350,178 units; the Equation Leopard, Tengshi, and Yangwang brands delivered 41,213 units, 19,196 units, and 485 units respectively. From a cumulative perspective, BYD Group's total sales from January to July 2026 have reached 2,227,722 units, of which overseas cumulative sales of passenger cars and pickup trucks amount to 969,208 units.

Rumors about OpenAI's new model Astra are heating up: Long-term agents may become a new narrative in the AI capital market.

If Astra is successfully launched, it will further reinforce the investment logic of "Agentic AI," which refers to intelligent agent AI.

New Stock News | Lijing Technology Re-applies to the Hong Kong Stock Exchange, the World's Second Largest Consumer Electronics Camera Module Manufacturer

The company is a global leader in precision optical solutions, focusing on the mid-to-high-end optical module and system integration market for global consumer electronics, automotive electronics, smart office applications, as well as emerging fields such as intelligent robotics, XR smart terminals, and smart glasses.

In response to "Healthy China 2030," CHINA FEIHE (06186) launched 24-hour premium colostrum powder to support the upgrade of protein nutrition for all citizens.

Working together with CCTV to promote a national health initiative, leveraging 64 years of research to improve the nutritional framework for the entire life cycle.

The new regulations on individual loan interest fees are officially implemented.

From an industry perspective, the new regulations will further drive consumer finance institutions to improve their management systems, raising higher demands for product design, business processes, cooperation channels, and system capabilities. For institutions that operate in compliance with regulations, the new rules are not only regulatory requirements but also an important opportunity to enhance service capabilities and build market trust.

The demand for AI continues! South Korea's exports in July hit the second highest in history, with chip exports exceeding $40 billion for two consecutive months.

As the chip craze continues, South Korea's export momentum persists.

The "Big Four" banks are gathering together! The Industrial and Commercial Bank of China has today resumed the issuance of five-year large-denomination certificates of deposit, and what does the consistent pricing of up to 1.6% mean?

Following the launch of 5-year large-denomination time deposits by Bank of China, Agricultural Bank of China, and China Construction Bank in July, Industrial and Commercial Bank of China has also decided to follow suit. Currently, the highest pricing for the 5-year large-denomination time deposits among the four major banks stands at 1.6%.

Ray Dalio's major judgment: A textbook-style AI asset bubble is brewing, and the "big cycle," occurring once every 80 years, is entering its final phase.

Ray Dalio, the founder of the world's largest hedge fund, Bridgewater, recently issued a warning: typical characteristics of an AI asset bubble have emerged, and coupled with an internal debt crisis and external geopolitical conflicts, humanity is at the tail end of an "economic cycle" recession that occurs once every 80 years.

Korea's export growth in July slowed down but was better than expected, with chip exports exceeding $40 billion supporting the trade surplus.

In terms of total export scale, July's $98.9 billion marked the second highest single-month figure in South Korea's history, following the historical record of $102.2 billion set in June.

Amazon has completed a $50 billion investment and holds a 5% stake in OpenAI; it has previously invested in Anthropic.

Amazon has completed its full investment of $50 billion in OpenAI, acquiring approximately 5% of the company and becoming one of the most important external shareholders of this artificial intelligence firm.

Record-breaking gamble! SpaceX (SPCX.US) short bets soar to $24.6 billion as the first financial report and the "double calamity" of a $100 billion lockup expiry are set to strike next week.

SpaceX's short interest skyrocketed to a record $24.6 billion, as the first earnings report and the dual impact of the $100 billion unlock loom.

During this earnings season, the U.S. stock market has seen profit growth that "exceeded expectations," with tech giants experiencing a dual increase in "capital expenditure and AI returns."

In the second quarter of the year, the U.S. stock market reported a series of positive earnings results, with corporate profits growing significantly beyond expectations. At the same time, hyperscalers, represented by large technology companies, continue to ramp up investments in AI infrastructure and are sending positive signals about the accelerated realization of returns on AI investments, providing fundamental support for the market.

The Russian Sukhoi Log gold mine reserves have garnered renewed attention and may reshape the global gold mine resource landscape.

On July 26, the Russian Ministry of Natural Resources confirmed that the Sukhoi Log gold mine, located in the Bodaibinsky District of Irkutsk Oblast in Eastern Siberia, has gold reserves exceeding 2,770 tons.

The IPO feast for AI unicorns has hit the pause button! OpenAI is reportedly delaying its listing until 2027, and SpaceX's plummet serves as the most glaring warning.

Reports indicate that after a rocky debut for SpaceX, OpenAI is considering delaying its IPO until 2027.

Inflation worries severely hit U.S. bonds: BlackRocks widowmaker ETF hits a 22-year low, and the market downturn leads to soaring hedging costs.

Inflation has been above target for five consecutive years, and Waller's commitment to combat inflation is being questioned by the market, leading to a sell-off of U.S. Treasuries.

Hedge funds are betting heavily on the rise of WTI oil prices at the fastest pace in four months, making U.S. crude oil the "last lifeline" for global supply.

Hedge funds have increased their long positions in U.S. oil at the fastest rate since March.

HK Bull/Bear Outstanding Qty Ratio(43:57) | August 1

As of August 1, the latest bull-bear ratio for the Hang Seng Index is 43:57.

Fed Chair Waller is considering reducing the number of monetary policy meetings or further adjusting the policy communication mechanism.

According to media reports on Friday citing informed sources, Federal Reserve Chairman Waller is considering reducing the number of routine annual monetary policy meetings as part of his push for reforms at the Federal Reserve.

The S&P 500 index faces a crucial battle at key technical levels! Intense competition between bulls and bears around the 7,500-point mark, with market breadth indicators emitting cautious signals.

After experiencing two consecutive days of intense fluctuations, both bulls and bears in the U.S. stock market are once again vying for control over the key technical levels of the S&P 500 index.

The AI competition among tech giants has entered a "differentiation phase." Microsoft Corporation (MSFT.US), Amazon.com, Inc. (AMZN.US), and Alphabet Inc. Class C (GOOGL.US) have gained market favor, while Meta (META.US) has faced investor skepticism.

As American tech giants successively release their earnings reports and maintain or raise their capital expenditure guidance, Wall Street is rapidly reassessing the winners and losers in the AI race.

The AI infrastructure competition continues to heat up, with Alphabet Inc. Class C (GOOGL.US), Meta (META.US), Microsoft Corporation (MSFT.US), and Amazon.com, Inc. (AMZN.US) pledging a total investment of nearly $2.4 trillion for the future.

As the construction of artificial intelligence infrastructure continues to accelerate, the total investment commitments from the four tech giantsAlphabet, Meta, Microsoft, and Amazonover the next few years are nearing $2.4 trillion.

Overnight US stocks | The S&P 500 Index and Nasdaq both closed lower this month as Trump ordered a new round of attacks on Iran.

As of the market close, the Dow Jones Industrial Average rose by 276.97 points, an increase of 0.53%, closing at 52,485.03 points; the Nasdaq Composite rose by 251.68 points, an increase of 1.00%, closing at 25,373.85 points; the S&P 500 Index rose by 52.09 points, an increase of 0.70%, closing at 7,489.72 points.

US Stock Market Move | Apnimed (APMD.US), a developer of sleep apnea medications, has listed on the US stock market, with the opening stock price rising over 11%.

Apnimed debuted on the U.S. stock market, with the opening stock price rising over 11% to $17.79.

Church & Dwight (CHD.US) and Colgate (CL.US) financial reports reveal consumer trends: consumers are still willing to pay for high-quality products.

Church & Dwight and Colgate's latest performance reports indicate that despite cautious consumer spending in the United States, consumers are still willing to pay higher prices for products perceived as higher quality and more innovative.

Witness the power of innovation! The various grand prizes of the second "Shulong Cup" were announced in sequence.

The second half of AI application reconstruction has arrived.

US Stock Market Move | Alphabet Inc. Class C (GOOGL.US) rose more than 5%, with a cumulative increase of over 9% in the past week.

On Friday, Google (GOOGL.US) saw its stock price strengthen, rising more than 5% as of the time of writing, with an increase of over 9% in the past week.

US Stock Market Move | Popular Chinese concept stocks strengthened, with Alibaba Group Holding Limited Sponsored ADR (BABA.US) rising nearly 5%.

On Friday, the Nasdaq Golden Dragon China Index rose by 0.7%, with popular Chinese concept stocks strengthening, and Alibaba (BABA.US) increasing nearly 5%.

Bitcoin falls below $63,000! The advancement of the U.S. cryptocurrency regulatory bill is stalled, and the performance of Coinbase (COIN.US) and Strategy (MSTR.US) is under pressure, impacting market sentiment.

Bitcoin fell below $63,000 on Friday, hitting its lowest level in about two weeks.

US Stock Market Move | Reddit (RDDT.US) plunges nearly 22% as CEO warns of AI reshaping search traffic direction.

On Friday, Reddit (RDDT.US) opened lower and continued to decline, and by the time of publication, it had fallen nearly 22%.

U.S. consumer confidence in July rose to a five-month high, with the willingness to purchase durable goods reaching its highest level in nearly ten months. The commercialization prospects of AI have raised concerns about employment.

In July, U.S. consumer confidence improved for the second consecutive month, reaching its highest level in five months. This reflects a easing of American households' pessimism about the economy, driven by an improved outlook for economic prospects and gasoline prices remaining at recent lows.

US Stock Market Move | Tesla, Inc. (TSLA.US) fell 1.5%, having accumulated a decline of over 27% in July.

On Friday, Tesla (TSLA.US) continued its recent decline, dropping 1.5% by the time of publication. The stock has performed poorly in July, with a cumulative drop of over 27%.

US Stock Market Move | The trial of a new heart disease drug did not meet its primary endpoint, causing Novo Nordisk A/S Sponsored ADR Class B (NVO.US) to plummet nearly 10%.

On Friday, Danish pharmaceutical giant Novo Nordisk (NVO.US) opened sharply lower, with a nearly 10% decline as of the time of this report.

US Stock Market Move | Supply constraints impact performance guidance; Apple Inc. (AAPL.US) opens significantly lower, dropping over 9%.

On Friday, Apple (AAPL.US) opened significantly lower, and as of this report, its decline exceeded 9%, with a market capitalization of approximately $4.4 trillion, dropping from the position of the world's most valuable company.

Two Federal Reserve officials who voted against the measure spoke again: Delaying anti-inflation efforts may force aggressive rate hikes in the future.

Two Federal Reserve officials opposing the decision to keep interest rates unchanged warned that if action on inflation is delayed for too long, it could result in the need for more aggressive policy measures later on.

1.2 million vehicles involved in government investigation due to suspension defects. Regulatory risks increase for Tesla, Inc. (TSLA.US) as its stock price declines.

The U.S. auto safety regulator has launched an investigation into Tesla's most popular models following a series of complaints from drivers about sudden suspension failures.

US Stock Market Move | Storage concept stocks opened high but closed lower, with SanDisk (SNDK.US) giving back its gains and turning negative.

On Friday, U.S. stock market storage concept stocks initially continued to rise, but the gains significantly narrowed, with Micron and SanDisk reversing their gains and turning negative.

The Philadelphia Semiconductor Index narrowed its gains to 2%, having previously surged by as much as 5%.

The Philadelphia Semiconductor Index's gains narrowed to 2%, having previously surged by 5%, closing at 11,612.38 points. SanDisk erased an early gain of 10% and turned negative. Micron Technology's gains shrank to less than 1%, having once risen by over 6%.

The decline in spot gold has widened, now down nearly 2%, reported at 4024.69 dollars per ounce.

US Stock Market Move | Amazon.com, Inc. (AMZN.US) exceeded market expectations in the second quarter, rising over 11%.

On Friday, Amazon (AMZN.US) opened with a rise of over 11%, reaching a market value of $2.85 trillion.

New Stock News | Lijing Technology Resubmits Application to the Hong Kong Stock Exchange

According to a disclosure by the Hong Kong Stock Exchange on July 31, Lijing Innovative Technology Co., Ltd. (referred to as: Lijing Technology) has once again submitted a listing application to the main board of the Hong Kong Stock Exchange, with CITIC Securities and China International Capital Corporation serving as joint sponsors.

Wage-inflation spiral alarm not yet sounded: U.S. Q2 labor costs exceed expectations, while real purchasing power is eroded by inflation.

Data released by the U.S. Department of Labor on Friday showed that in the second quarter of this year, the growth of U.S. labor costs slightly exceeded expectations, and wage growth in the private sector accelerated. However, after adjusting for inflation, real wage costs did not rise but fell, indicating that the labor market has not exerted a significant upward pressure on inflation.

"The big short" is making moves! The semiconductor surge triggers the "short selling" mechanism, increasing bets against the leading forces in AI computing power.

In the context of the AI computing power supply chain, Boli's recent move seems more like a mid-term tail risk alert.

The enthusiasm for AI is cooling, and macro risks are heating up! U.S. stock traders are gearing up for the "August storm," with Goldman Sachs betting on a resurgence of volatility.

Traders are preparing for a shift in the market landscape, with an investment blueprint designed to withstand significant overall market fluctuations taking shape.

Heart new drug trial fails! Novo Nordisk A/S Sponsored ADR Class B (NVO.US) stock price plunges before the market opens, intensifying the cloud of "weight loss drug dependence."

Novo Nordisk has encountered a significant setback in its research and development efforts. The company announced on Friday that its highly anticipated heart drug, ziltivekimab, failed to meet its primary endpoint in a large late-stage clinical trial. This news caused its stock price to plunge by over 10% during intraday trading.

The conflict between the U.S. and Iran has driven up oil prices! Chevron Corporation (CVX.US) has reaped massive "war profits," with Q2 earnings setting a new historical record.

Due to supply disruptions caused by the war, the prices of crude oil, gasoline, and diesel have soared, and Chevron has announced a record-breaking second-quarter performance that exceeded expectations.

The conflict in the Middle East has catalyzed strong performance from oil and gas giants. Exxon Mobil Corporation (XOM.US) reported its highest profits since the Russia-Ukraine conflict began.

Despite the soaring crude oil prices and expanding fuel production profit margins, Exxon Mobil Corporation has still been unable to meet profit expectations as the U.S.-Iran conflict enters its sixth month. The company reported a total profit of $14.7 billion, the highest since the Russian invasion of Ukraine disrupted global markets in 2022, but its adjusted second-quarter earnings fell short of the average expectations by 2 cents.

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7 m ago

The dark market gold price has $4050/ounce, with a daily increase of 0.0%.

34 m ago

A sightseeing plane crash occurred in Peru, resulting in 13 deaths.

59 m ago

Market news: The market expects the Federal Reserve to raise interest rates at the next Federal Open Market Committee meeting.

1 h ago

The Public Service Alliance of Canada: WestJet flight attendants have issued a 72-hour strike notice. WestJet has subsequently issued a 72-hour work stoppage notice.

1 h ago

NVIDIA invested $800 million in Reflection AI, pushing it to become a leading player in the open-source artificial intelligence sector in the United States. However, nearly a year later, this startup has yet to launch any models.

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