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

Tonghuashun 24/7

Kunming terminates Level II flood control emergency response for Mohan Town

2026/8/31 12:08:44

[Short Abstract] At 8:00 on August 31, the Kunming Flood Control and Drought Relief Headquarters officially terminated the Level II flood control emergency response for Mohan Town. The current round of heavy rainfall in Mohan has ended, the water level of Yantang Reservoir has fallen back to the safe range, and the danger is under control. Relevant units are currently rushing to repair damaged infrastructure such as water, electricity and communications, remaining fire rescue forces are carrying out desilting work, affected residents are returning home in an orderly manner, and production and life order in the Mohan-Moten Economic Cooperation Zone is gradually recovering.

August 31 Midday Announcement Roundup: Jinlei Co., Ltd.’s private placement approved for registration, approval valid for 12 months

2026/8/31 12:05:02

Midday announcements from the two A-share markets on August 31 show that Jinlei Co., Ltd. disclosed that its application for private placement of shares to specific targets has recently obtained a registration approval from the China Securities Regulatory Commission, which is valid for 12 months from the date of approval. The company’s board of directors will subsequently handle relevant matters of this private placement within the specified period in accordance with relevant laws, regulations and the requirements of the approval.

Storage chip manufacturer Jiangbo Long plans to list in Hong Kong, raising no more than HK$6.28 billion

2026/8/31 12:04:22

Storage chip manufacturer Jiangbo Long plans to list in Hong Kong, with a planned issuance of about 26 million shares, offering price no more than HK$240.6 per share, a discount of about 45% compared to its A-share closing price, raising a maximum of HK$6.28 billion, and is expected to list on September 8. The raised funds will be invested in chip design and advanced storage technology R&D. Benefiting from rising demand and prices for storage chips, Jiangbo Long’s revenue doubled in the first half of the year, net profit increased by about 700 times, and its A-share price has risen by about 50% cumulatively so far this year.

Hong Kong Stocks Midday Review: Hang Seng Index down 0.71%, Hang Seng Tech Index down 1.03%

2026/8/31 12:01:14

At midday close of Hong Kong stocks, the Hang Seng Index fell 0.71%, the Hang Seng Tech Index fell 1.03%; related products Yinhua Hang Seng Index Hong Kong Stock Connect ETF (159318) and Penghua Hong Kong Stock Connect Technology ETF (159751) fell 1.06% and 1.9% respectively. At the sector level, special steel, computer and electronic product retail led the gains, while the coking processing sector led the losses. In terms of individual stocks, technology stocks such as Biren Technology led the gains, while multiple mainland real estate stocks including China Jinmao and Yuexiu Property fell more than 12%.

976 exhibition projects to jointly built Belt and Road Initiative countries approved in the first 7 months

2026/8/31 11:56:53

The China Council for the Promotion of International Trade (CCPIT) recently announced at a press conference that a total of 976 exhibition projects to jointly built Belt and Road Initiative countries in 2026 have been approved in the first 7 months of this year, covering 48 jointly built countries, involving 67 exhibition organizing units, with a planned total exhibition area of 599,000 square meters. 347 projects have been implemented so far, with an actual exhibition area of 126,600 square meters, and nearly 9,000 enterprises participating, providing offline docking channels for foreign trade entities to expand markets along the routes.

CCPIT: 289 arbitration cases accepted in the first 7 months of this year

2026/8/31 11:47:34

CCPIT disclosed at a recent press conference that its subordinate CIETAC and CMAC accepted a total of 289 arbitration cases involving jointly built Belt and Road Initiative countries in the first 7 months of this year, with a total subject value of 20.815 billion yuan. CIETAC has now signed cooperation agreements with 69 international dispute resolution institutions in 44 jointly built countries, and the CCPIT mediation system accepted nearly 300 relevant mediation cases in the same period.

Eastmoney 24/7

HKEX: Net profit for the first half of the fiscal year was HK$10.568 billion, up 24% year-on-year

2026/8/31 12:12:09

Hong Kong Exchanges and Clearing (HKEX) recently officially released its performance announcement for the first half of fiscal year 2026: for the six months ended June 30, 2026, the profit attributable to shareholders of the company was HK$10.568 billion, up 24% year-on-year, corresponding to a basic earnings per share of HK$8.36. The 24% profit growth rate is relatively impressive, reflecting a significant improvement in HKEX’s operating performance during the reporting period compared to the same period last year.

Goldman Sachs raises diesel profit forecast by more than double

2026/8/31 12:10:51

On August 31, Goldman Sachs released an industry research report, raising its global diesel production profit forecast by more than double. The core basis for this adjustment is that the ongoing Middle East war and the Russia-Ukraine conflict continue to disrupt the global energy supply chain, the supply side of the global refining market is under obvious pressure, the overall supply and demand pattern is expected to remain tight in the future, and the profit margin of diesel production is expected to rise accordingly.

Hong Kong Stocks Midday Review: Hang Seng Index down 0.71%, Hang Seng Tech Index down 1.03%

2026/8/31 12:10:10

Core indexes of Hong Kong stocks fell collectively at midday break: the Hang Seng Index closed down 0.71%, and the Hang Seng Tech Index closed down 1.03%. In terms of sectors, most large internet technology stocks weakened, Tencent, Baidu, Kuaishou fell more than 1%, Xiaomi, Alibaba fell slightly, only Meituan and JD.com rose; mainland real estate stocks opened high and moved low, multiple stocks including China Jinmao and Yuexiu Property turned down by more than 10%.

August 31 Midday News Highlights

2026/8/31 12:05:02

August 31 midday news roundup: A-share midday session saw Shanghai Composite Index down 0.2%, Shenzhen Component Index down 1%, ChiNext Index down 1.29%; Hong Kong stocks Hang Seng Index down 0.71%, Hang Seng Tech Index down 1.03%. China’s manufacturing PMI for August was 49.8%, up 0.6 percentage points month-on-month. The central bank carried out a total of 452 billion yuan of reverse repurchase operations on the same day, with the 7-day rate maintained at 1.40%. In addition, Trump released an AI video on the evening of August 30 claiming that Iran’s Kharg Island was bombed.

Fuerjia: No artificial intelligence related business at present

2026/8/31 11:58:44

On August 31, listed beauty company Fuerjia responded to investor inquiries on the interactive platform, clearly stating that the company currently does not involve artificial intelligence related businesses. This public statement clarifies the company’s current business boundaries, gives a clear answer to previous market questions about whether it is entering the AI sector, and can avoid unnecessary misjudgments by investors regarding the company’s business scope.

976 exhibition projects to jointly built Belt and Road Initiative countries approved in the first 7 months

2026/8/31 11:56:56

CCPIT held a press conference today to announce that a total of 976 exhibition projects to jointly built Belt and Road Initiative countries in 2026 have been approved in the first 7 months of this year, covering 67 exhibition organizing units and 48 jointly built countries, with a planned total exhibition area of 599,000 square meters. 347 projects have been implemented so far, with an actual exhibition area of 126,600 square meters, and nearly 9,000 enterprises participating, providing channels for Chinese enterprises to connect with economic and trade demands along the routes.

Yahoo Finance

Major fruit grower lays off nearly 1,000 workers

2026/8/30 09:03:00

[Financial Short Abstract] A leading fruit growing enterprise recently disclosed a layoff plan, which is its largest workforce optimization move in recent years, involving nearly 1,000 employees covering multiple lines including production, administration and logistics. Industry insiders speculate that this layoff may be related to weak consumer demand for fresh fruit, and rising agricultural materials and labor costs squeezing profits. It is expected to directly reduce the company’s current labor costs, but may have a certain impact on the operational efficiency of its harvesting, quality control and other links in the short term.

Is Costco Stock Underperforming the Dow?

2026/8/30 00:54:46

This news focuses on the core issue: whether the stock performance of warehouse retail leader Costco is underperforming the Dow Jones Industrial Average. The comparison mainly counts the difference in the rise and fall of the two in the same period, linking Costco’s own operating data such as same-store sales, membership renewal rate, and variables such as US mass consumer sentiment. The relevant performance will also be used by investors as a reference for judging the allocation value of consumer defensive assets.

Is Oracle Stock Underperforming the S&P 500?

2026/8/30 00:44:53

This news focuses on the hot observation topic in the US stock market: “Is Oracle stock underperforming the S&P 500”. The core is to compare the periodic return performance, performance support logic and valuation level differences between the two, which can help investors judge Oracle’s individual stock excess return capability, and also provide reference for allocation decisions of cloud service sector assets and US broad-based indexes.