Automatically scraped from Tonghuashun and Eastmoney by cron at 08:00 Beijing time daily, summaries rewritten by Doubao. For information compilation only, does not constitute investment advice.

TL;DR · Catch up on today’s news in 30 seconds

On the domestic macro front, the 7-day reverse repo operation volume is zero today, the central parity rate of RMB against the US dollar is raised by 46 points from the previous day to 6.7808
Capital markets are showing positive performance, 港股 opened higher today, and stock ETFs saw a net inflow of 52.907 billion yuan, ending 11 consecutive days of net outflows
On the industry and overseas front, the AI sector continues to make progress, and geopolitical and oil price fluctuations may affect the Fed’s subsequent interest rate hike pace

📈 Stock Market Trends💴 Macro Updates🧠 AI Progress🌍 Overseas Finance⚡ Geopolitical Updates

Tonghuashun 7×24

People’s Bank of China: 7-day reverse repo operation volume is zero on August 20, 2026

2026/8/20 09:22:31

On August 20, 2026, the People’s Bank of China announced that, in combination with the application demands of open market business primary dealers, the 7-day reverse repo operation volume on that day is zero. According to Tonghuashun iFinD data, a total of 327.4 billion yuan of 1-day reverse repos matured on the day, and the maturity scale of 7-day reverse repos is 0. The open market achieved full net withdrawal on the day, which will have a marginal tightening impact on short-end market liquidity.

港股 Opening: Hang Seng Index opens 1.11% higher, Hang Seng Tech Index opens 1.69% higher

2026/8/20 09:20:54

[港股 Opening Brief] All core indexes of 港股 opened higher across the board on the day: Hang Seng Index up 1.11% at opening, Hang Seng Tech Index up 1.69% at opening. Innovative drug concept stocks led the overall gains. Among specific targets, Everest Medicines opened nearly 15% higher, Genscript Biotech opened more than 13% higher, and industry leaders such as WuXi Biologics, BeiGene, and Innovent Biologics all opened higher simultaneously.

Zhilibang: Company products are not yet applied in the MLCC field

2026/8/20 09:20:04

A股 automation equipment manufacturer Zhilibang publicly responded on the interactive platform on August 20 that currently the company’s products are not yet applied in the MLCC (Multilayer Ceramic Capacitor) field, this information was cited and released by People’s Financial News. This clarification defines the company’s current business boundaries, and also provides a clear public reference for investors to judge its business scope and avoid risks related to concept speculation.

China Railway Group President Zhao Dianlong meets with guests from BrainCo

2026/8/20 09:19:43

On August 17, Zhao Dianlong, President and Deputy Secretary of the Party Committee of China Railway Group, met with a delegation led by He Xiyujin, partner of BrainCo. The two sides conducted in-depth exchanges on the transformation and upgrading of traditional industries, innovation and cultivation of future industries, and also carried out extensive discussions on the development direction of enterprise digital intelligence and integration, laying a communication foundation for subsequent collaborative cooperation between the two sides in relevant fields. (Source: People’s Financial News)

Ukraine says Kyiv hit by Russian missile attack, 5 killed and 23 injured

2026/8/20 09:17:24

From the late night of August 19 to the early morning of August 20 local time, Russia launched a new round of ballistic missile attacks on Ukraine, covering the Ukrainian capital Kyiv. According to Kyiv Mayor Vitali Klitschko, the attack has killed 5 people and injured 23, some areas of Kyiv are without power, and witnesses said they heard more than a dozen explosions in a short period of time. The Ukrainian Air Force had previously issued an alert that Russian ballistic missiles were moving towards Kyiv, source of information is CCTV News.

Central parity rate of RMB against US dollar stands at 6.7808, up 46 points from previous day

2026/8/20 09:15:17

Today, the central parity rate of RMB against the US dollar is 6.7808, up 46 basis points from the previous trading day. This central parity rate is calculated by the China Foreign Exchange Trade System as a weighted average after excluding high and low extremes from the quotes of market makers in the interbank foreign exchange market, and is the core reference indicator for domestic spot foreign exchange transactions and bank listed exchange rates. This upward adjustment means that the RMB exchange rate against the US dollar has strengthened slightly.

Eastmoney 7×24

Central Bank: 7-day reverse repo operation volume is zero on August 20, 2026

2026/8/20 09:23:04

On August 20, 2026, the Central Bank issued an open market business announcement that, in combination with the actual application demands of primary dealers, the scale of 7-day reverse repo operations on that day is zero. The 7-day reverse repo is a conventional tool for the central bank to inject liquidity into the market. This zero operation means that there is no incremental liquidity injection in the open market on the day, and subsequent changes in the capital side and interest rate side can be followed.

港股 Opening: Hang Seng Index opens 1.11% higher, Hang Seng Tech Index opens 1.69% higher

2026/8/20 09:21:10

Major indexes of 港股 opened higher collectively today: Hang Seng Index up 1.11%, Hang Seng Tech Index up 1.69%. Innovative drug concept stocks are the leading gainers, with related targets including Everest Medicines opening nearly 15% higher, Genscript Biotech opening more than 13% higher, and industry leading stocks such as WuXi Biologics, BeiGene, and Innovent Biologics also opened higher, and market sentiment in the pharmaceutical sector is strong at the opening stage.

Central parity rate of RMB against US dollar stands at 6.7808

2026/8/20 09:18:11

On August 20, the central parity rate of RMB against the US dollar announced by the China Foreign Exchange Trade System as authorized by the Central Bank stood at 6.7808, up 46 basis points from the previous trading day. This small upward movement of the central parity rate reflects the recent phased stabilization signal of the RMB foreign exchange market, which will slightly reduce the foreign exchange purchase cost of foreign trade import entities, and also help mitigate the fluctuation pressure of short-term cross-border capital flows.

Stock ETFs saw a net inflow of 52.907 billion yuan yesterday, ending 11 consecutive days of net outflows

2026/8/20 09:15:42

On August 19, domestic stock ETFs recorded a total net inflow of 52.907 billion yuan, ending the previous net outflow trend for 11 consecutive trading days. Among them, broad-based ETFs saw an overall net inflow of 39.409 billion yuan. The products with the highest net inflows include Huatai-PineBridge CSI 300 ETF (5.431 billion yuan), ChinaAMC STAR 50 ETF (4.418 billion yuan), E Fund GEM ETF (4.338 billion yuan), and China Southern CSI 1000 ETF (3.277 billion yuan).

Guoanda and others established a technology company including general aviation service business

2026/8/20 09:13:36

According to public information from Qichacha and equity penetration results, Shi’ankang (Shanghai) Technology Co., Ltd. was officially established recently, jointly held by Guoanda and other investors. The company’s business scope covers civil aircraft maintenance, general aviation services, intelligent unmanned aircraft sales, satellite technology comprehensive application system integration and many other general aviation and related technology businesses.

UBTECH’s Xingzhe Embodied Intelligence Large Model completes generative AI service filing

2026/8/20 09:11:44

On August 18, 2026, UBTECH’s self-developed Xingzhe Embodied Intelligence Large Model passed the evaluation and review of the Cyberspace Administration of China, and officially completed the generative AI service filing. UBTECH is one of the first enterprises in the domestic embodied intelligent robot industry to obtain this type of model filing. The completion of this filing marks that it has made key progress in the content safety capability construction of embodied intelligent models.

Yahoo Finance

Costco launching Medicare Advantage plans with SCAN Group

2026/8/19 01:10:35

US retail giant Costco recently announced a partnership with local medical and health institution SCAN Group to launch Medicare Advantage plans for the US market. This is Costco’s first entry into the government medical insurance product sector. It will rely on its store network and membership system to add exclusive consumption discounts and offline health services for insured groups over 65 years old, further expanding the boundaries of its health business.

A Former Fed President Says Without the War in Iran and the Oil Spike, Nobody Would Even Be ‘Talking About the Prospect of a Rate Increase’

2026/8/18 21:46:36

[Finance Brief] A former senior Fed official stated recently that the current market discussion on the possibility of a Fed rate hike is entirely driven by the Iran conflict and the spike in oil prices. Without these two variables, the prospect of a rate hike would not have entered the market’s attention. This statement confirms that the current direction of the Fed’s monetary policy is highly tied to the geopolitical situation in the Middle East and crude oil prices, and subsequent related changes will directly affect the pricing of major assets such as US Treasuries and the US dollar.

International Flavors & Fragrances Stock Outlook: Is Wall Street Bullish or Bearish?

2026/8/18 21:48:44

This news focuses on the global flavor and fragrance leader International Flavors & Fragrances (IFF) listed on the 美股. The core content sorts out the bullish and bearish outlook logic of Wall Street institutional analysts for the stock, covering core views such as earnings forecasts and target price adjustments, combined with variables such as the company’s performance, downstream demand, and raw material costs, to provide investors with a reference from an institutional perspective for judging IFF’s subsequent stock price trend and making trading decisions.