Real-time News

On August 2nd, Harvest Crude Oil LOF issued an announcement stating that its recent secondary market trading price is significantly higher than its net asset value (NAV), exhibiting a substantial premium. The closing price on July 31st was 2.201 yuan, while the NAV per unit was 1.9955 yuan as of July 29th. Investors are reminded to pay attention to the premium risk and invest prudently. If the premium does not effectively decrease by August 3rd, the fund has the right to apply for a trading suspension to warn of the risk. The fund primarily invests in related public funds, and investors can trade or subscribe/redeem on the secondary market. Currently, the fund is operating normally, and there is no undisclosed information that should be disclosed.

August 2nd - According to data from online platforms, as of now, the total box office revenue for 2026 (including pre-sales) has exceeded 23 billion yuan, with the summer box office exceeding 7.2 billion yuan, and daily box office revenue exceeding 100 million yuan for 23 consecutive days.

Israel's Channel 12, citing diplomatic sources, reported that Qatari diplomats are negotiating with Iran to secure the support of the Iranian Revolutionary Guard for arrangements concerning the Strait of Hormuz.

According to RIA Novosti, the Ukrainian drone attacks on various regions of Russia in the early hours of August 2nd were the largest of any such attacks.

August 2nd - Xiaomi phones have officially increased in price. On August 2nd, the Xiaomi Mall showed that the price of the Xiaomi 17 series has increased by 300-500 yuan per unit. REDMI product lines followed suit, with the performance-focused Turbo 5 and various versions of the K90 series generally increasing in price by 300 yuan.

On August 2nd, the People's Bank of China (PBOC) held its 2026 second-half work conference. The conference noted that high-level financial opening-up is progressing steadily. Policies regarding corporate overseas lending, bank overseas loans, and cross-border RMB interbank financing will be optimized. A new repurchase facility by overseas central banks will be established. The issuance of Panda bonds in China by high-quality international entities will be facilitated, with issuance exceeding RMB 160 billion in the first half of the year. Positive progress has been made in the construction of the RMB cross-border payment system. Support will be provided for the development of Shanghai and Hong Kong as international financial centers. Support will also be given to the construction of the Xiong'an New Area and the Western Land-Sea New Corridor. Foreign exchange facilitation reforms will be deepened, and the scope of pilot programs for high-level opening-up of cross-border trade will be expanded. Services for corporate exchange rate risk management will be improved.

On August 2nd, the People's Bank of China held its 2026 second-half work conference. The conference noted that financial risks in key areas have continued to be mitigated. Significant progress has been made in resolving the debt risks of financial support platforms. The financial market is operating well. The conference emphasized monitoring and assessing the bond market from a macro-prudential perspective, and strengthening bond market supervision and enforcement. It also stressed leveraging the two monetary policy tools supporting the capital market to stabilize and enhance [the market's stability and strength].

Japanese Minister of Economy, Trade and Industry Ryomasa Akazawa: Even if we conservatively estimate that we can only maintain the procurement level of 75% of the same period in previous years, the use of national reserves will be sufficient to ensure oil supply until the end of March 2028.

On August 2nd, Yang Xueliang, Senior Vice President of Geely Holding Group, announced on Weibo that Geely Automobile Group has established Geely Automobile Group Sales Corporation to further strengthen the synergy of marketing resources across its brands. He stated that this is also a concrete implementation of the "One Geely" strategy within the marketing system.

South Korea issued a heatwave emergency on August 2nd as the entire country experienced scorching heat, with the southeastern city of Yangsan reporting its highest temperature on record. "All departments should utilize all available channels, including public broadcasts, emergency text messages, electronic information boards, and village broadcasts, to promptly inform the public about the heatwave situation," South Korean Prime Minister Han Sung-sook said in a statement released Sunday. The Korea Meteorological Administration issued a severe heatwave warning for the southern region at 1 p.m. local time. According to Yonhap News Agency, the temperature in Yangsan soared to 42.5 degrees Celsius (108.5 degrees Fahrenheit), the highest recorded since records began in 1904. The Ministry of the Interior plans to dispatch bureau-level officials to the Seoul metropolitan area, Gyeongsangnam-do, and other southern regions to oversee operations, assess local heatwave response measures, and identify areas requiring additional support.

Israel Defense Forces: Two Hamas commanders killed in Gaza over the weekend.

The European-Mediterranean Seismological Centre reports that a 4.2-magnitude earthquake struck Michoacán, Mexico, at a depth of 64.3 kilometers.

August 2nd - The 2026 China-ASEAN Construction Ministers' Roundtable Meeting was held in Ipoh, Malaysia on August 1st. Minister of Housing and Urban-Rural Development Ni Hong led the Chinese delegation to the meeting, delivering the opening address and a keynote speech. She introduced China's experiences and practices in housing and urban-rural development during the 15th Five-Year Plan period, the "Good Housing" initiative, and urban renewal. Ni Hong pointed out that promoting high-quality urban development is a common goal of China and ASEAN. China is willing to continue upholding the principles of good neighborliness, security, prosperity, amity, sincerity, mutual benefit, and inclusiveness, and a shared future, further strengthening cooperation in the fields of housing and urban construction, and working together to create a more distinctive and prosperous urban civilization with Asia-Pacific characteristics.

A Russian diplomat stated that Ukraine is a "major hub for illicit arms trafficking," and that large quantities of weapons supplied by Western countries are being diverted elsewhere through this "Ukrainian hub."

Russian diplomat: Ukraine is transferring some of the weapons provided by the West to conflict zones in Asia, the Middle East and Africa.

Russian diplomat: Ukraine has fueled the global black market arms trade.