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On August 6th, the "15th Five-Year Plan for the Development of the China (Guangdong) Pilot Free Trade Zone (Draft for Public Comment)" was released for public comment. The draft proposes to expand financial opening-up in an orderly manner. It encourages international financial institutions to establish headquarters within the zone, promoting the development of cross-border finance, innovative finance, venture capital, wealth management, futures trading, asset management, specialized finance, and offshore services. It also aims to accelerate the implementation of projects such as the Greater Bay Area International Commercial Bank and the Guangdong-Hong Kong-Macao Greater Bay Area Insurance Service Center. Support will be given to expanding the scale of commodity trading, promoting the linkage between futures and spot markets for key commodities such as iron ore, crude oil, and rubber, and enhancing the pricing power of commodities. The plan also promotes the upgrading of financial technology regulatory pilot programs and expands the application scenarios of the digital RMB. Support will be given to developing cross-border financial innovation businesses such as offshore finance and green finance, and the expansion of pilot programs such as cross-border wealth management and digital RMB cross-border payments will be promoted. Support will be given to financial institutions within the zone to develop specialized products such as cross-border supply chain finance and intellectual property pledge financing, guiding market entities to develop composite financial products. The plan also aims to deepen pilot programs for cross-border credit asset transfer and multi-currency unified accounts, promoting wider mutual recognition and interoperability of cross-border financial products.

Court documents show that OpenAI has applied to a U.S. judge to dismiss Apple's lawsuit alleging that it violated trade secrets.

Germany's manufacturing orders, adjusted for working days, rose 6.5% year-on-year in June, compared with 6.20% in the previous month.

Germany's seasonally adjusted manufacturing orders rose 3.1% month-on-month in June, below the expected 0.3% and the previous reading of 1.90%.

JPMorgan Chase raised its price target for eBay (EBAY.O) from $100 to $107.

The yield on Japan's 30-year government bonds fell slightly after the auction, dropping 3 basis points to 3.93%.

Global Chip LOF: Trading in this fund will be suspended from the opening of the market on the afternoon of August 6, 2026 until the close of the market on the same day. During the suspension period, redemption services for this fund will continue as usual.

The China Earthquake Networks Center officially reported that a magnitude 3.2 earthquake occurred at 11:48 on August 6 in Xinghai County, Hainan Prefecture, Qinghai Province (35.38 degrees north latitude, 99.57 degrees east longitude), with a focal depth of 10 kilometers.

DBS CEO: We do not expect the Federal Reserve to raise interest rates this year, but will trade according to market expectations.

DBS CEO: Taiwan's technology, media, telecommunications, and semiconductor ecosystems are seen as drivers of the stock market. He also highlighted opportunities in India's renewable energy growth and artificial intelligence infrastructure development.

The bid-to-cover ratio for Japan's 30-year government bond auction was 3.86, down from 4.55 in July.

Most Hong Kong-listed AI application stocks fell, with Mobvista (01860.HK) plunging nearly 8%, Kingsoft Cloud (03896.HK) falling over 6%, and CMGE (00302.HK), Baidu (09888.HK), Alibaba (09988.HK), and Xiaomi Group (01810.HK) all falling over 3%.

The Hang Seng Tech Index fell 2%, and the Hang Seng Index fell 1.86%.

JPMorgan Chase lowered its price target for Disney (DIS.N) from $140 to $137.

Fitch: Forecasts Vietnam's GDP growth at 6.8% this year and 6.7% in 2027.

Fitch: Credit growth in Vietnam outpaced deposit growth, leading to a liquidity crunch in the banking system.

Fitch: We expect Vietnam’s credit growth to reach 18% this year, higher than the central bank’s guidance of 15%.

Fitch: Malaysian banks are well-positioned to address slowing growth and profit pressures.

Fitch: Vietnam’s banking system is under significant pressure and needs to finance and support the economy.

August 6th - It is reported that several major cities are planning to introduce measures to boost housing consumption. Chengdu is focusing on optimizing supply, increasing demand, reducing inventory, and stabilizing expectations in its housing sales policies. These include optimizing supply to promote a balance between supply and demand and supporting housing consumption to meet diverse needs. Currently, these policies are under internal review and will be released publicly as soon as they are finalized. Hefei is working with relevant departments to coordinate and study a collaborative action plan to promote "large-scale consumption," in line with national policy guidance. Wuhan is actively preparing policy research and plans to improve its policy toolbox in the second half of the year, focusing on linking the primary and secondary housing markets, reducing commercial and office space inventory, and supplying high-quality housing. Nanjing will optimize relevant policies and measures in a timely manner based on market realities, increase the supply of diversified "good houses," and further promote activities such as "trade-in" for housing consumption to effectively release various rigid and improved housing demands from residents. Additionally, major cities such as Hangzhou, Qingdao, Chongqing, and Jinan have also indicated that they will continue to prepare and dynamically optimize policies to stabilize the real estate market.