24TOPNEWSFinancial IntelligenceBETA中文
NEWS DESK

Financial markets news

Objective market moves across A-shares, Hong Kong, U.S. equities and commodities. Market tape is excluded from industry-impact scoring.

Available events
454
Page
1 / 16
01
Hong KongImportance 65

Tencent's Four-Day Southbound Net Buying Totals HK$5.071 Billion, Shares Rise 9.66%

Tencent Holdings recorded net buying from southbound funds for four consecutive sessions, with cumulative net buying of HK$5.071 billion and a 9.66% rise in its share price over the period. On August 3, the most active Stock Connect stocks posted total turnover of HK$51.615 billion and net buying of HK$10.385 billion. Tencent's Stock Connect turnover was HK$11.113 billion, with net buying of HK$2.432 billion that day, extending its streak of net buying to four days.

→
02
U.S. equitiesImportance 65

Microsoft Shares Gain Over 5% in a Day, Over 25% in Three Sessions

Microsoft shares rose more than 5% in trading on August 3, 2026, pushing their three-day cumulative gain past 25%. The stock showed sustained strength throughout the session, with gains widening further as trading progressed. The rally marks a sharp acceleration in the technology company's share price over a short period, with the three-day advance now exceeding a quarter of the stock's value.

→
03
U.S. equitiesImportance 70

Google Surpasses Apple in Market Value, Reaching $4.53 Trillion

Google's market capitalisation has overtaken Apple's, climbing to $4.53 trillion. The milestone marks a shift in the valuation ranking of the world's largest listed companies, with the technology group now ahead of the iPhone maker. The figure reflects the latest market valuation for Google in public trading.

→
04
U.S. equitiesImportance 80

Amazon Shares Rise Over 4% in Early Trading, Market Value Tops $3 Trillion

On August 3, Amazon shares climbed more than 4% in early trading, lifting the company's market capitalization above $3 trillion. The stock advanced in the opening session, and the gain pushed Amazon's market value past the $3 trillion mark. The early-session move left the company's valuation above $3 trillion, reflecting a strong start to the trading day for the shares.

→
05
U.S. equitiesImportance 88

Amazon Shares Surge Over 5% as Market Cap Breaches $3 Trillion, Joining Top Five Companies

Amazon’s market capitalisation exceeded $3 trillion for the first time on August 3, making it the fifth publicly traded company to reach the milestone. The stock rose about 4% for the day after spiking more than 5.7% intraday to $287.16, with the market cap closing slightly above $3.07 trillion. AWS revenue grew 37% year-on-year, the fastest pace in 18 quarters. Amazon’s year-to-date gain has climbed past 23%, the best among the Magnificent Seven, while the Roundhill Magnificent Seven ETF and the S&P 500 are up 3% and about 10%, respectively.

→
06
A-sharesImportance 35

A-share Memory Chip Sector Falls Five Straight Days; GigaDevice Limit-Down Wipes Out Over RMB 350 Billion

On August 3, 2026, the A-share memory chip sector extended its losing streak to a fifth session. Longsys (301308. SZ) fell 7.84%, Biwin Storage (688525. SH) dropped 8.49%, and GigaDevice (603986. SH) hit the daily limit-down. ChangXin Technology (688825. SH) bucked the trend, rising 1.89% and staying more than 500% above its IPO price. GigaDevice closed at RMB 340.74, down nearly 60% from its June 29 intraday record of RMB 846.66, with market value down over RMB 350 billion from the peak.

→
07
A-sharesImportance 40

China Merchants Bank Block Trade: 250,000 Shares for RMB 10.09 Million at Closing Price

China Merchants Bank Co. , Ltd. saw a block trade of 250,000 shares on August 3, with a total value of RMB 10.09 million at RMB 40.36 per share, unchanged from the stock's closing price. The buyer was Industrial Securities' Shanghai Jingkang Road branch and the seller was CITIC Securities' headquarters (non-venue). Over the past three months, the bank has recorded nine block trades totaling RMB 88.85 million. The stock closed up 1.87% at RMB 40.36, with turnover rate 0.59% and turnover RMB 4.89 billion. Main funds saw net outflow of RMB 176 million. Over five days, the stock rose 3.49% with net inflow of RMB 1.38 billion. Margin financing balance stood at RMB 10.51 billion, down 3.04% over five days.

→
08
A-sharesImportance 65

SMIC Concept Stocks Drop 3.81% as Main Capital Net Outflow Reaches RMB 8.493 Billion

On August 3, the SMIC concept sector fell 3.81%, with main capital net outflows reaching RMB 8.493 billion. A total of 62 stocks saw net outflows, 23 of them exceeding RMB 100 million. Demingli led with RMB 1.255 billion, followed by AMEC, NAURA, and Montage Technology. Despite the decline, 20 related stocks rose, led by Shunna (+9.99%) and Guotou Zhonglu (+9.98%). Other sectors were mixed: shared-bike, CSP, and flexible HVDC gained, while National Big Fund holdings, memory chips, lithography, and advanced packaging fell.

→
09
A-sharesImportance 60

A-share indices close lower on Aug 3; Demingli shares fall 9.56% to RMB349

On Aug 3, 2026, A-share benchmarks closed lower, with the Shanghai Composite down 0.59%, the Shenzhen Component down 0.96% and the ChiNext down 1.24%. Demingli shares fell 9.56% to RMB349.00, down RMB36.90 from the previous close, on turnover of RMB9.775 billion. Trading volume was 272,100 lots, with a turnover rate of 16.49% and a 0.36% contraction in volume. The stock lost 1.57% over three days and 13.1% over five days. Market capitalisation stood at RMB79.169 billion.

→
10
A-sharesImportance 85

A-Share Margin Financing Falls Over RMB 400 Billion in a Month as Tech Leverage Retreats

A-share margin financing balances dropped by RMB 407.9 billion in July, the second-largest monthly decline on record, after peaking at RMB 3.01 trillion in late June. The balance fell to RMB 2.5891 trillion by July 31, with the margin-to-float ratio at 2.69%. Semiconductor and communication equipment led sell-offs, with net repayments exceeding RMB 69.5 billion and RMB 45.4 billion respectively. The tech sector saw over RMB 150 billion in leverage unwind, largely concentrated in previously crowded trades. Unlike the 2015 deleveraging, this adjustment was driven by proactive risk reduction without systemic forced liquidation.

→
11
A-sharesImportance 50

Xinji Energy Shareholder Count Falls to 70,000, Down 5.41%; Stock Drops 10.62%

Xinji Energy reported on August 3 that its shareholder count fell to 70,000 as of July 31, down 4,000 from July 20, a 5.41% decline. The stock closed at RMB 9.34 on that day, down 4.60%, and has fallen 10.62% since the reduction. Margin financing balance stood at RMB 377 million on July 31, down 0.54% since the reduction. In the first quarter, revenue rose 23.96% to RMB 3.607 billion, net profit rose 3.08% to RMB 548 million, with EPS of RMB 0.2120 and ROE of 3.19%.

→
12
A-sharesImportance 50

20 Beijing Stock Exchange Firms Received Institutional Research in Past Month; Fushida Drew Most

Between July 4 and August 3, 2026, 20 Beijing Stock Exchange companies received institutional research. Fushida drew the most attention, with 32 institutions participating. The average market capitalisation of the researched companies was RMB 3.069 billion, compared with RMB 2.424 billion for all BSE-listed firms. Over the month, the researched stocks fell 9.36% on average; six advanced, led by Haosheng Electronics, which rose 15.63%. Average daily turnover was 4.50%.

→
13
U.S. equitiesImportance 60

Alibaba US Shares Rise Over 4% in Pre-Market Trading

Alibaba's US-listed shares advanced more than 4% in pre-market trading on August 3, 2026. The gain was recorded ahead of the opening of the regular trading session for the company's American depositary shares. The pre-market move reflected investor activity in the stock, with the exact magnitude of the increase beyond the 4% threshold not specified in the available information.

→
14
A-sharesImportance 60

China Jushi Shares Fall 9.96% on Aug 3; Turnover Hits RMB 10.07 Billion

As of 14:16 on Aug 3, China Jushi Co. , Ltd. recorded turnover of RMB 10.068 billion, surpassing RMB 10 billion. The stock fell 9.96%, with a turnover rate of 7.24%. The previous trading day's full-day turnover was RMB 15.803 billion. China Jushi was established on April 16, 1999, with registered capital of RMB 4,003,136,728.

→
15
A-sharesImportance 70

Zhongji Innolight Intraday Turnover Exceeds RMB 25 Billion as Shares Fluctuate Narrowly

Zhongji Innolight's intraday turnover surpassed RMB 25 billion on August 3, with the stock trading in a narrow range. Turnover reached RMB 10.248 billion by 10:04 (up 0.53%, turnover rate 1.03%), RMB 15.159 billion by 10:50 (up 0.70%, turnover rate 1.52%), RMB 20.226 billion by 11:30 (up 2.66%, turnover rate 2.02%), and RMB 25.038 billion by 14:04 (down 0.02%, turnover rate 2.49%). The previous session's full-day turnover was RMB 54.044 billion.

→
16
A-sharesImportance 65

Changxin Technology's Intraday Turnover Exceeds RMB 25 Billion, Turnover Rate Tops 10%, Shares Turn Higher

Changxin Technology saw its intraday turnover swell past RMB 25 billion on Aug 3, 2026, with the turnover rate exceeding 10%. The stock reversed from an early loss to turn higher. By 14:00, turnover reached RMB 25.084 billion, up from RMB 10.219 billion at 9:50, while the share price rose 0.43% after being down 2.58% earlier. The turnover rate reached 10.39%, compared with 4.35% in the morning. The previous session's full-day turnover was RMB 50.337 billion.

→
17
U.S. equitiesImportance 70

SpaceX to Report Q2 Earnings Aug 3, First Since June IPO; Shares Below $110

SpaceX plans to report second-quarter earnings on Aug 3, 2026, its first release since the June listing. Shares have fallen below $110, a record low. First-quarter sales were $4.69 billion with a $1.27 per-share loss; capital spending reached $10.1 billion, and free cash flow was negative $9.06 billion. The company had 10.3 million Starlink subscribers and raised $25 billion in inaugural bonds. It also won a $1.6 billion Space Force contract and reported AI platform usage of 1.3 billion accounts.

→
18
OtherImportance 60

Sony Shares Fall Over 5% in Tokyo Trading Without Official Disclosure

Sony shares fell more than 5% in Japanese stock trading on August 3, 2026, marking a pronounced one-day decline. The drop occurred without any official announcement or disclosure of specific business changes from the company. The stock showed significant weakness during the session, with all relevant trading data reflected in that day's market activity.

→
19
A-sharesImportance 65

BlueFocus Half-Day Turnover Exceeds RMB 10 Billion, Beats Full-Day Volume, Shares Up 3.55%

As of 11:26, Beijing BlueFocus Data Technology Group's half-day turnover reached RMB 10.016 billion, surpassing the previous trading day's full-day turnover of RMB 8.553 billion. The stock rose 3.55% from its previous close, with a turnover rate of 19.57%. The company, established on November 4, 2002, has a registered capital of RMB 3.590221227 billion. The morning session saw active trading.

→
20
Hong KongImportance 70

Alibaba's Hong Kong Shares Surge More Than 6% in August 3 Trading

Alibaba's Hong Kong-listed shares strengthened during intraday trading on August 3, gaining more than 6%. The surge reflects a notable upward move for the e-commerce giant's stock on the Hong Kong exchange, with investors responding to market conditions. The company's shares have been a key focus for market participants tracking Chinese technology stocks.

→
21
A-sharesImportance 60

Eoptolink's Trading Volume Tops RMB 10 Billion as Shares Rise 0.33%

Eoptolink Technology Inc. , Ltd. surpassed RMB 10 billion in trading turnover, reaching RMB 10.078 billion as of 11:06. The stock edged up 0.33%, with a turnover rate of 2.06%. The previous session saw RMB 31.181 billion in full-day turnover. Founded on April 15, 2008, the company has registered capital of RMB 1,394,256,684.

→
22
U.S. equitiesImportance 80

AI Demand Drives Big Tech Cloud Growth; Supply Bottlenecks Replace Demand as Constraint; Competition Diverges

AI demand is driving rapid growth in cloud computing at big tech companies. Amazon's AWS posted a 39% operating margin for Q2 2026, with revenue up 37% year over year; Microsoft Azure grew 43%, and Alphabet's cloud rose 82%. Supply bottlenecks, not demand, now limit expansion. Following earnings, Amazon and Microsoft added about $950 billion in combined market value, while Alphabet's stock rebounded 10%. Meta fell 5% after nudging up its 2026 capital expenditure midpoint. Competition is diverging as Microsoft and Google outpace AWS, and Meta weighs building its own cloud.

→
24
A-sharesImportance 60

Photovoltaic Sector Rebounds, Multiple Stocks Hit Daily Limit

On August 3, China's photovoltaic concept sector rebounded, with the photovoltaic equipment segment also moving higher. Tongwei, Guosheng Technology, and Flat Glass all hit their daily limit-up, while Daqo Energy, Almaden, Yubin New Materials, Risen Energy, and GCL-SI posted the largest gains. The broad advance lifted multiple stocks across the sector.

→
25
A-sharesImportance 65

Two STAR Market Stocks to Open for Subscription; Pinzhun Laser Sets August 7 Offering of 10 Million Shares

Pinzhun Laser is one of two STAR Market companies scheduled to open new-share subscriptions, with its offering set for August 7 under subscription code 787826 and a planned public offering of 10 million shares. The first company produces precision-tuned lasers for quantum technology, semiconductor and frontier-science applications. The second company develops high-performance humanoid robots, quadruped robots, robot components and embodied-intelligence models, and has maintained a leading global sales position in recent years for its high-performance quadruped and humanoid robots.

→
26
Hong KongImportance 50

Southbound Holdings in Stock Connect Reach 504.6 Billion Shares, Worth HK$6.053 Trillion, as of July 31, 2026

As of July 31, 2026, southbound funds held 504.627 billion shares of Stock Connect targets, representing 19.64% of their total share capital and a market value of HK$6.053 trillion, or 14.40% of total market capitalization. A total of 262 stocks saw southbound holdings exceeding 20% of issued shares, with 156 of these being A+H shares. The highest proportion was in Green Power Environmental, at 73.11%, followed by Dazhong Public and China Telecom at 71.97% and 71.17%, respectively.

→
27
A-sharesImportance 60

AI Apps Surge as MiniMax, ByteDance, DeepSeek Launch Models; Hardware and Memory Chips Diverge

Chinese equities rebounded on Friday, with the ChiNext and STAR indices giving up earlier gains. After last week's risk-off, the market is consolidating, with trading activity picking up but lacking broad-based strength. AI application stocks surged as MiniMax launched the multimodal model MiniMax H3 at about one-third the price of comparable flagship models, and ByteDance unveiled Seedance 2.5 for video creation. However, upstream sectors such as compute hardware and memory chips diverged and weakened, with high-profile names like Demingli, Dongshan Precision, Shengyi Technology, and Fenghua Advanced Technology hitting their daily limits only to reverse lower, indicating profit-taking and capital outflows. Overhang from trapped positions suggests further consolidation is needed.

→
28
A-sharesImportance 85

July 2026 A-Share Correction Fuels RMB 494 Billion Stock ETF Inflows, STAR 50 Leads

In July 2026, a sharp correction in China's A-share market triggered net inflows of RMB 494.012 billion into stock ETFs. Broad-based ETFs accounted for RMB 315.720 billion, with STAR 50-related ETFs leading at RMB 67.780 billion. Industry theme ETFs added RMB 157.657 billion, driven by semiconductor funds despite steep index declines. Total ETF assets reached approximately RMB 4.90 trillion by month-end, while cross-border ETFs saw net outflows of RMB 10.177 billion.

→
30
A-sharesImportance 70

Since 2026, 48 A-Share Convertible Bonds Raise RMB 57.3 Billion, Average First-Day Gain Exceeds 50%

Since the start of 2026, 48 convertible bonds have been issued on China's A-share market, raising a total of RMB 57.3 billion, based on issuer announcement dates through August 2. The number of new issues is sharply higher than the 20 and 24 issued in the same periods of 2024 and 2025, respectively. All 36 new bonds that have begun trading posted first-day gains, with none falling below par and an average gain exceeding 50%. Notable first-day performances include Baoti Convertible Bond (35.05%), Huafeng Convertible Bond (57.30%), Dingtong Convertible Bond (48.15%), Shengquan Convertible Bond (42.47%), and Zhaomin Convertible Bond (57.30%). The surge in issuance follows the 2026 refinancing rules that shortened review cycles for convertible bonds to about three months.

→