Market snapshot
| Index | Level | Change |
|---|---|---|
| SSE Composite | 3612.43 | ▼0.70% |
| SZSE Component | 11011.37 | ▲0.01% |
| ChiNext | 2442.49 | ▼0.66% |
| Hang Seng | 23500.66 | ▲0.46% |
| Hang Seng Tech | 3875.30 | ▲0.93% |
| S&P 500 | 7541.40 | ▼0.51% |
| Nasdaq | 25164.36 | ▼1.07% |
| Dow Jones | 51983.98 | ▲0.41% |
| Gold | 3940.30 | ▼0.16% |
| Crude oil | 96.44 | ▼0.02% |
| VIX | 21.15 | ▲8.91% |
Shanghai turnover: CNY 440.0bn
Macro & policy
| Indicator | Forecast | Previous | Actual |
|---|---|---|---|
| AUD Cash Rate | 4.85% | 4.60% | — |
| AUD RBA Monetary Policy Statement | — | — | — |
| AUD RBA Rate Statement | — | — | — |
| AUD RBA Press Conference | — | — | — |
| CHF CPI m/m | 0.0% | 0.0% | — |
| USD JOLTS Job Openings | 7.15M | 7.08M | — |
| USD Congressional Elections | — | — | — |
Finance news
1. Today’s Stock Moves: Funds Add Positions in Media Sector
Yicai reported unusual moves in several A-share stocks on Wednesday, with money flowing into the media sector. The report gave no specific tickers or price data, making it a routine market-flow observation.
Source: 第一财经
2. Robot Mount Tai Climbing Competition Concludes as Secondary-Development Teams and Self-Developed Newcomers Share the Stage
The robot Mount Tai climbing competition has concluded, with secondary-development teams and self-developed newcomers appearing together. The event showcased robots built along different technical routes.
Source: 界面新闻
3. South Korea Bets Record AI Budget on 4.7 Trillion Won Push for ‘World’s Best’ Sovereign Model
South Korea has unveiled a record AI budget, pledging 4.7 trillion won to build a sovereign AI model it bills as the world’s highest-performing. The plan aims to strengthen domestic AI capabilities and cut reliance on foreign models.
Source: 华尔街见闻
4. Binance Hacker’s Panicked Dump Creates Windfall for Crypto Traders
A Binance hacker rushed to offload stolen assets, inadvertently creating windfall gains for some cryptocurrency traders, according to Caixin data. The episode highlights volatility and security risks in crypto markets.
Source: 财新
5. Marvell and Lumentum CEOs Discuss Acquisition to Build an AI Interconnect Leader
The CEOs of Marvell and Lumentum discussed an acquisition aimed at creating a leader in AI interconnect. The report did not disclose deal terms or financial details.
Source: 财新
6. OpenAI hires former U.S. Army Secretary Dan Driscoll for national security role
OpenAI has hired former U.S. Army Secretary Dan Driscoll for a newly created national security role focused on modernization. The move signals the company’s deepening involvement in national security.
Source: CNBC Markets
7. North Korea denies links to Binance hack as researchers trace stolen billions
North Korea rejected U.S. allegations linking it to the Binance hack. Blockchain researchers are tracing billions of dollars in stolen cryptocurrency moved across networks.
Source: CNBC Markets
8. Big Tech’s AI Is Beginning to Restructure Big Tech Itself - Jiemian.com
Jiemian reports that AI initiatives at major Chinese tech companies are now driving restructuring inside those companies themselves. AI is shifting from a cost-cutting tool into a force reshaping internal teams and business lines.
Source: 界面新闻
Filings & research
Company filings (CNINFO, titles in Chinese)
- 卓越新能：卓越新能2026年半年度报告（更正版）
- 广咨国际：2026年半年度报告摘要（更正后）
- 广咨国际：2026年半年度报告（更正公告）
- 广咨国际：2026年半年度报告（更正后）
- 一汽解放：2026年半年度报告（英文版）
- 立讯精密：立讯精密工业股份有限公司2026年年度业绩预告
- 广咨国际：2025年年度报告摘要（更正后）
- 广咨国际：2025年年度报告（更正公告）
Research notes
1. Real Estate Special Analysis Report: Property Transaction Prices Initially Stop Falling — Macro Research — Research Report - Securities Star
A special real-estate analysis report from Securities Star indicates that property transaction prices have initially stopped falling. The report is categorized as macro research; further details and data are not provided in the headline.
Source: 券商研报
2. Shanxi Securities Assigns Overweight Rating to Yongtai Energy
Shanxi Securities issued a research report assigning an “Overweight” rating to Yongtai Energy. The report disclosed no specific rationale or target price.
Source: 券商研报