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Real-time News
August 21st - Promoting the "long-term investment" of pension funds is both important and urgent. Pension funds correspond to payment needs decades into the future and, theoretically, can withstand higher equity volatility and obtain long-term equity premiums. The key is to "change the benchmark." Accelerate the improvement of long-term performance evaluation mechanisms, incorporating cross-cycle returns and risk control into the evaluation system. Improve relevant supporting measures. Steadily expand investment scale and channels. Continuously promote the expansion of pension fund investment scale in various regions, scientifically optimize asset structure while strictly adhering to the upper limit of equity investment ratio, and strive to improve the level of equity asset allocation, especially increasing investment in national strategic emerging industries. Guide pension funds to actively participate in listed company governance and private placements, promote the improvement of dividend mechanisms, and deeply share the benefits of real economy growth.The Nikkei 225 index opened down 639.56 points, or 0.97%, at 65,577.23 on Friday, August 21.August 21 – Key Japanese inflation indicators accelerated for the second consecutive month, raising hopes that the Bank of Japan (BOJ) will raise interest rates again soon. Market expectations for action by the BOJ as early as September have strengthened further. Japans core CPI rose 1.8% year-on-year in July, up from 1.6% in June and in line with economists median forecast. Core inflation, excluding fresh food and energy prices – a measure of underlying inflation closely watched by the BOJ – rose 1.9% year-on-year. Overall CPI also rose 1.9%. This acceleration in inflation was partly driven by energy prices. Energy costs rose 0.6% year-on-year in July, reversing a slight decline in June. Weeks ago, BOJ Governor Kazuo Ueda hinted that policymakers might accelerate the pace of monetary policy normalization. With the weak yen continuing to pose upside risks to inflation, investors are increasingly convinced that the BOJ will act next month. This assessment remains unchanged even after US and Japanese officials took rare coordinated intervention in the foreign exchange market at the end of July.On August 21st, it was reported that on August 20th, Wang Xingxing, Chairman, General Manager, and Chief Technology Officer of Unitree Robotics, stated at the 2026 World Robot Conference that Unitree Robotics continues to invest in the field of AI models, which is currently the area where Unitree invests the most funds and human resources. At the conference, Wang Xingxing publicly explained for the first time Unitree Robotics exploration of the concept of "self-evolution of physical AI robots." He stated that while AI has been widely applied to programming and various development processes in recent years, its application in the robotics field remains insufficient. Therefore, Unitree Robotics is promoting the construction of a self-evolution system for physical AI robot models: relying on cutting-edge large-scale models, setting corresponding rules, empirical constraints, and tool boundaries, allowing the model to autonomously search for cutting-edge papers, high-quality research results, and open-source solutions, and automatically generate robot control code.Japans national CPI rose 2% year-on-year in July, below the expected 1.90% and the previous reading of 1.60%.
