Automatically crawled from Tonghuashun and Eastmoney every day at 08:00 Beijing time via cron, with summaries rewritten by Doubao. For information organization only, does not constitute investment advice.

Tonghuashun 7/24

General-purpose video model MiniMax H3 is officially open-source

2026/8/3 10:49:54

Short summary: The related subject is MiniMax’s new-generation general-purpose video model MiniMax H3. Core event: This model has been officially open-sourced. It can uniformly understand multimodal context composed of text, images, video, and audio, supports generating videos up to 2K resolution, maximum 15 seconds long with native stereo audio, which will lower the technical implementation threshold for related AIGC content creation and video tool development.

Battery chemicals sector rallies short-term, Welltech hits daily limit

2026/8/3 10:38:53

Recently, the A-share battery chemicals sector has seen a short-term rally. Leading gainer Welltech hit the daily limit, while multiple constituent stocks in the sector including Jihechang, Tianhua New Energy, Fengyuan Co., Ltd., Shida Shenghua, and Haike Xinyuan rose in tandem. This is a short-term pulse anomaly in the sector, and the subsequent trend needs to be judged in combination with fundamental factors of the industrial chain such as downstream new energy demand and raw material prices.

Speech by Chairman Wu Qing at the launch ceremony of RMB government bond futures in Hong Kong

2026/8/3 10:38:53

CSRC Chairman Wu Qing attended the launch ceremony of Hong Kong RMB government bond futures and delivered a speech with the theme “Deepen pragmatic cooperation, close coordinated development, and create a new situation of high-level opening up of the capital market during the 15th Five-Year Plan period”. The offshore RMB government bond futures launched this time can enrich interest rate risk management tools for overseas investors, facilitate global capital allocation of mainland bond assets, and promote the coordinated opening of the capital markets of the two places.

Chinese chip leader included again, the world’s most popular memory ETF adds Changxin Technology

2026/8/3 10:36:03

At the end of July, the world’s popular memory ETF Roundhill Memory ETF (ticker: DRAM) completed its position adjustment, re-including A-share storage leader Changxin Technology with a weight of 2.52%, making it the 8th largest holding; GigaDevice, which was first included in June this year, had its weight lowered to 1.51%, dropping to 10th place. The top ten holdings of this ETF cover global mainstream storage chip leaders such as Samsung and Micron, and this adjustment is a regular position adjustment.

CSRC Chairman Wu Qing: Support Hong Kong to launch more RMB-denominated and settled futures products

2026/8/3 10:35:01

On August 3, at the launch ceremony of the 5-year Chinese government bond futures on HKEX, CSRC Chairman Wu Qing stated: We will support index institutions of the two places to cooperate in launching more indexes related to Chinese assets, promote the development of ETF products that layout the modern industries of the two places, optimize the registration mechanism, and enhance the international influence of Chinese assets; at the same time, deepen cooperation between the futures markets of the two places, support Hong Kong to launch more RMB-denominated and settled futures products, and improve the asset ecosystem.

Token Service Working Group: Will develop compliance and technical dual standards to promote cross-border Token flow

2026/8/3 10:31:55

The Token Service Working Group established by the Artificial Intelligence Industry Alliance (AIIA) recently held a special closed-door seminar on Token cross-border flow and open cooperation, clarifying that it will promote the construction of relevant mechanisms from five aspects: the core is to simultaneously develop dual standards for compliance and technology, while carrying out mechanism research, emerging market pilots, building a supply and demand docking platform, and building a supporting service system, clarifying compliance boundaries, and standardizing the cross-border circulation of AI Tokens.

Eastmoney 7/24

Zibianliang open-sources HOST framework, allowing robots to learn new skills by watching a tens-of-seconds video

2026/8/3 10:46:47

Short summary: The related subject is Zibianliang Robotics. Recently, the company officially released and open-sourced the HOST (Human to Robot One-shot Skill Acquisition) framework, which supports robots to learn new skills only by observing a tens-of-seconds human operation video without losing existing mastered skills, which is expected to greatly reduce the threshold for embodied intelligent skill deployment and accelerate the commercial landing pace of the industry.

GCL Optoelectronics completes over 100 million yuan D1 round of financing

2026/8/3 10:44:47

Kunshan GCL Optoelectronic Materials Co., Ltd., a subsidiary of GCL Group, recently completed a D1 round of financing of over 100 million yuan, led by Jinxin Capital, with participation from Sequoia China, Xiang’an Venture Capital, Suzhou Asset Management and other institutions. The raised funds will be mainly used for commercial delivery of ground photovoltaic power stations and space photovoltaic application verification. This round of financing also reflects the capital market’s recognition of its long-term technological accumulation and industrialization capabilities.

Wu Qing: Study expanding the scope of mutual recognition of qualifications for securities and futures professionals between the two places

2026/8/3 10:44:47

CSRC Chairman Wu Qing stated at the launch ceremony of Hong Kong RMB government bond futures: We will support high-quality mainland securities and fund companies to operate in Hong Kong and expand overseas layout, build first-class investment banks and investment institutions, and provide adapted financial services for the global layout of Chinese enterprises and investors; at the same time, we will study expanding the scope of mutual recognition of qualifications for securities and futures professionals between the mainland and Hong Kong, facilitating practitioners to work across the two places.

Steel sector rises, Shagang Co., Ltd. hits daily limit

2026/8/3 10:43:45

The A-share steel sector rose anomalously during intraday trading, with core sector target Shagang Co., Ltd. hitting the daily limit, and multiple steel industry chain related stocks including Dazhong Mining, Guangda Special Materials, HBIS Co., Ltd., Jiuli Special Materials, Ansteel Co., Ltd., and Wujin Stainless rose in tandem. There is no public industry-level major positive disclosure at present, and this short-term market may be driven by sector rotation, so investors need to be alert to short-term fluctuation risks.

MLCC concept rebounds in volatility, Yuxing Co., Ltd. rises more than 10%

2026/8/3 10:43:29

The MLCC (Multi-layer Ceramic Capacitor) concept sector rebounded in volatility during this trading day, with more stocks in the sector rising than falling: Yuxing Co., Ltd. led the entire sector with a rise of more than 10%, and industry chain related stocks such as Fenghua Hi-Tech, Lihexing, Torch Electronics, and Sanhuan Group also ranked among the top gainers. As a core basic component of the electronics industry, anomalies in the MLCC sector usually correspond to market expectations for downstream demand recovery.

Wu Qing: Support Hong Kong to launch more RMB-denominated and settled futures products

2026/8/3 10:42:47

CSRC Chairman Wu Qing stated at the launch ceremony of Hong Kong RMB government bond futures: We will support index companies of the two places to cooperate in launching more indexes related to Chinese assets, optimize the ETF registration mechanism, and promote institutions to issue more ETF products focusing on the two markets and China’s modern industrial system; at the same time, deepen cooperation between the futures markets of the two places, support Hong Kong to launch more RMB-denominated and settled futures products, jointly enhance the international influence of Chinese assets, and build a diversified asset ecosystem.

Yahoo Finance

Warren Buffett keeps pointing at the same ETF for a reason

2026/8/3 00:03:00

Short summary: The related target is low-cost S&P 500 index ETF. Event: Renowned investor Warren Buffett has repeatedly recommended this type of product in shareholder letters and public interviews for many years. Previously, in his 10-year performance bet against hedge funds, he also selected this type of ETF as the participating target and finally won. Impact: It provides ordinary individual investors with a low-threshold allocation reference whose long-term returns have a high probability of outperforming most active equity products.

Microsoft’s AI Cybersecurity Push Could Become a Major Growth Driver for MSFT Stock

2026/8/2 00:09:12

Financial brief: The related target is 美股 listed company Microsoft (ticker: MSFT). The core event is that Microsoft is currently focusing on promoting the deployment and implementation of AI technology in the cybersecurity track. The market generally judges that this AI cybersecurity business has sufficient commercial growth potential. If expansion meets expectations, it will become a new performance growth pole for Microsoft, and is expected to become an important new driving factor for its stock price rise.

Visa Stock Looks Attractive After Layoffs, Strong Earnings

2026/8/1 23:35:10

Global payment leader Visa recently carried out personnel optimization to reduce labor costs, while the latest quarterly earnings report released showed that revenue and profit performance both exceeded general market expectations. Currently, the valuation attractiveness of Visa stock has increased, drawing attention from institutions. Its core payment business has solid barriers, and if cross-border consumption and other scenarios continue to recover later, its performance is expected to gain further support.