A-shares evening hotspot | China announces five countermeasures against the U.S. How to interpret this?

Evening Heavyweight News Brief 1. China Announces Five Countermeasures Against the U.S. How to Interpret Them Importance: On August 5, China successively announced several countermeasures against the U.S.: taking countermeasures against American compliance testing companies, strengthening export controls on dual-use items related to drones, taking countermeasures against six U.S. entities including DNA science application companies, initiating national security investigations on related imported printing and copying office equipment, and suspending the delegation of CCC certification designated agencies in China from conducting factory tracking inspections on U.S. certification agencies. For the Xinchuan industry, this series of countermeasures sends several important signals. Whether it is the export control on drones or the investigation on imported printing equipment, they all point in the same direction: key technologies, key infrastructure, and key links must be firmly in our own hands. The market expects that related actions by both China and the U.S. will intensify before September. Therefore, as China and the U.S. engage in an all-out confrontation at the institutional level, "self-controlled / Xinchuan" will undoubtedly become key terms. 2. U.S. Plans to Ban Chinese Optical Modules, Ministry of Foreign Affairs Responds! What is the Impact on the Capital Market? Importance: On August 5, the Ministry of Foreign Affairs responded to the U.S. plan to ban Chinese optical modules, stating that China firmly opposes the U.S. generalizing the concept of national security and will continue to vigorously safeguard the legitimate rights and interests of Chinese enterprises. An industry insider analyzed that this ban could be a pressure maneuver by the U.S. ahead of the U.S.-China dialogue on artificial intelligence in September. Regarding the impact of this incident on A-share optical module companies, CITIC Securities stated that this policy is difficult to implement and has limited impact. CICC also mentioned that while there will definitely be a short-term emotional impact, the long-term influence is likely to be minimal. 3. Apple Considers Including China's Changxin Storage in New Supply Chain but Fails to Lower Prices Importance: According to a report by China Fund News citing foreign media, Apple previously considered including China's Changxin Storage in a new supply chain to reduce costs. However, it has encountered resistance in negotiations to further lower procurement prices. Recently, Apple has been negotiating with Changxin Storage regarding the supply price for LPDDR5X and other mobile DRAMs to alleviate the cost pressure for manufacturing the next generation of iPhones and other smart devices, but its price reduction request was rejected. It is understood that Changxin Storage's quoted prices are even higher than those of Samsung Electronics and SK Hynix, or at least on a similar level. 4. Yushu Technology to Hold Online IPO Roadshow on August 7! These Companies Have Collaborations Importance: Yushu Technology announced that its application for an initial public offering and listing on the Sci-Tech Innovation Board has been approved by the listing review committee of the Shanghai Stock Exchange and registered by the China Securities Regulatory Commission. This issuance will adopt a combination of strategic placement, offline issuance, and online issuance, with plans to publicly issue 40.4464 million new shares, accounting for 10.00% of the total share capital after issuance. The issuer and sponsor (lead underwriter) CITIC Securities will hold an online roadshow from 2:00 PM to 5:00 PM on August 7, 2026 (Friday), with participants being key members of the issuers management and related personnel from the sponsor (lead underwriter). It is important to note that many of Yushu Technology's components are self-developed, with motors clearly being self-developed, but gear reducers, cross-roller bearings, depth cameras, 3D lidar, main control chips, memory, dexterous hands, etc., are provided by suppliers. 5. Duan Yongping's Holdings Drop to 5.55%, POP MART Clarifies: Not a Voluntary Reduction Importance: On August 5, the Hong Kong Stock Exchange disclosed a rights change information: Duan Yongpings long position in POP MART, held through H&H International Investment, decreased from 7.65% to 5.55% as of July 30, a drop of 2.1 percentage points. The subtlety of this information lies in the timingon July 23, Duan Yongping had just responded to investors on Xueqiu: "I just started buying POP MART! I guess I probably wont sell within the next ten years." But just a week later, Duan Yongping's holdings decreased by over 2 percentage points. POP MART stated that this decline in shareholding ratio was not due to direct selling in the secondary market, but rather due to the performance of options contracts and the scheduled delivery of corresponding shares as per the trading agreement. 6. Goldman Sachs Increases Holdings in Zhongji Innolight by 3.2451 Million Shares Importance: Documents disclosed by the Hong Kong Stock Exchange indicate that on July 30, Goldman Sachs increased its holdings in Zhongji Innolight by 3.2451 million H-shares at an average price of 946.4902 HKD per share, with a total value of approximately 3.071 billion HKD. After the increase, Goldman Sachs' total shareholding rose to 6.4878 million shares, and its ownership percentage increased from 5.95% to 11.90%. 7. Just on Thursday, the Largest Release of Restrictions in U.S. History1 Billion Shares Unleashed; SpaceX Faces Ultimate Judgment Importance: The largest IPO in history is about to see its initial lock-up expiration. The U.S. stock market is holding its breath. Approximately 911.5 million shares held by SpaceX insiders will be released from restrictions on August 6 (Thursday), involving a market valuation of about 116 billion USD. The scale is unprecedented in U.S. stock market history. This timing comes just two days after SpaceX released its quarterly results, and concerns over potential selling pressure have already been reflected in the stock pricesince the peak closing price on June 16, SpaceX's stock price has dropped by about 40%, erasing over 425 billion USD in market value. The combined pressure from the expiration and valuation controversies has attracted significant short-selling interest. According to data from S3 Partners, about 30% of the float is currently shorted, with short sellers sitting on approximately 7 billion USD in unrealized profits, and the short-selling scale even surpassing the dollar value of Tesla's shorts. 8. U.S. July "ADP Employment Change" Hits a New Low This Year, Market Closely Watches Fridays Non-Farm Payroll Report Importance: On Wednesday, the ADP employment data, known as the "little non-farm," showed that in July, the U.S. added only 44,000 private sector jobs (excluding government jobs), the smallest increase since January this year. This was below market expectations of a 70,000 increase and not even reaching the revised figure of 95,000 for June. Following the data release, spot gold briefly surged above 4,200 USD, due to increasing market expectations for the reopening of the Strait of Hormuz. Although the Federal Reserve is currently keeping the benchmark interest rate unchanged, the market generally bets that if inflation data does not improve, an interest rate hike may still occur within the year. Market focus is shifting to the non-farm payroll report to be released by the U.S. Bureau of Labor Statistics two days later, on Friday evening Beijing time. Opportunities Seen in Advance The Stock Picker has sorted out investment opportunities of market interest, with precious metals receiving particular attention. 1. Gold Breaks Through 4,200 USD Resistance Level Gold has ushered in the most critical technical breakthrough in months. The gold price surpassed the descending trend line and climbed above 4,200 USD, benefiting from a confluence of favorable factors including technical analysis, a weaker dollar, continuous purchases of gold by the People's Bank of China, and net short positions in CTAs. Analysts believe that if it stabilizes at this critical price point, it could trigger short-covering and algorithmic funds to chase the rally, propelling gold into a new uptrend. Changjiang Research's report suggests that gold prices experienced three liquidity shocks in the first half of 2026, with a drop below 4,000 USD per ounce in late June. However, as geopolitical tensions ease and oil prices and inflation decline in the latter half of the year, pressure factors are expected to diminish marginally. The high interest rates have begun to adversely affect the sustainability of U.S. finances; once the 10-year Treasury yield enters the high range of 4%-5%, the effect of interest rates on gold is expected to shift from opportunity cost pressure to credit backlash drive. The mid-term bullish outlook is maintained, with advice to actively increase allocation on dips. In addition, the following sectors are also worth noting: 2. Non-ferrous Metals | Chongyi Zhangyuan Tungsten Increases Long-term Procurement Prices for the First Half of August. 3. Consumer Electronics | Huaweis Yu Chengdong: All smartphones may have to raise prices significantly. 4. Memory Chips | Memory shortages may last until 2027, with Samsung, SK Hynix, and Micron's capacities pre-sold out. 5. Film and Media | Total box office revenue for 2026 exceeds 23.5 billion, with summer performance continuing to heat up. Positive and Negative Announcements from Listed Companies In terms of positive announcements, the Stock Picker suggests paying attention to BeOne Medicines Ltd.'s semi-annual report; in terms of negative announcements, note Wuxi Rural Commercial Bank's shareholders reducing their holdings in the company. Positive Announcements 1. China Merchants Energy Shipping: Plans to build 5 Aframax tankers at a total price of approximately 2.485 billion CNY. 2. BeOne Medicines Ltd.: Net profit of 3.271 billion CNY in the first half, a year-on-year increase of 627%. 3. Shandong Sinocera Functional Material: Net profit in the first half increased by 9.36% year-on-year, plans to distribute 0.5 CNY per share. 4. CEC Environmental Protection: Subsidiary signs a 53.5 million CNY purchase contract for lithium battery new materials integrated project. Negative Announcements 1. Muyuan Foods Group: July commodity pig sales revenue of 8.897 billion CNY, down 23.56% year-on-year. 2. Wuxi Rural Commercial Bank: Shareholders intend to collectively reduce their holdings by no more than 1.96% of the company's shares. 3. Sino-Agri Leading Biosciences: Shareholders plan to reduce their holdings by no more than 2% of the company's shares. 4. Jilin Joinature Polymer: Shareholders intend to reduce their holdings by no more than 1% of the company's shares. This article is reproduced from "Tencent Self-Selected Stocks," edited by GMTEight: Xu Wenqiang.