Real-time News

EU High Representative for Foreign Affairs and Security Policy Karas: The EU today adopted a new sanctions list targeting five individuals involved in Russia’s military-industrial complex.

Hong Kong's foreign exchange reserves were US$447.8 billion in July, compared with US$445.9 billion in the previous month.

Microchip Technology (MCHP.O) rose 9% in pre-market trading after the company forecast that its second-quarter revenue and profit would both exceed expectations.

The Hang Seng Index closed up 137.75 points, or 0.54%, at 25,668.03 on Friday, August 7; the Hang Seng Tech Index closed up 37.51 points, or 0.78%, at 4,858.29; the H-share Index closed up 32.85 points, or 0.39%, at 8,531.58; and the Red Chip Index closed down 1.31 points, or 0.03%, at 4,121.01.

The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 3.0 occurred at 16:02 on August 7 near Gao County, Yibin City, Sichuan Province (28.56 degrees north latitude, 104.69 degrees east longitude). The final result is subject to the official rapid report.

On August 7, the Cyberspace Administration of China issued a notice soliciting public comments on the "Draft Regulations on the Protection of Personal Information by Large Personal Information Processors." The draft stipulates that large personal information processors should adopt measures such as encryption, de-identification, access control, and anonymization to ensure the security of the personal information they process. They may utilize national public network identity authentication services and are encouraged to use data tagging technology and personal information protection certification to improve the level of personal information protection. The draft also encourages large personal information processors to innovate in personal information protection technologies, products, and services, actively participate in the formulation of international standards and rules related to personal information protection, and promote the harmonization and mutual recognition of personal information protection rules and standards with other countries and regions.

Taiwan's imports rose 37.4% year-on-year in July, below the expected 48.35% and the previous month's 51.80%.

Taiwan's exports rose 32.9% year-on-year in July, below the expected 40.7% and the previous month's 40.30%.

The chart shows that at 22:00 Beijing time on August 7th, there will be large foreign exchange option orders for EUR/USD, USD/JPY, AUD/USD, and USD/CAD expiring, including four large orders with strike prices exceeding 1 billion. Please manage your risks.

Shipping intelligence firm Kpler reports that only six oil tankers passed through the Strait of Hormuz this week.

On August 7th, according to South Korean media reports, South Korean chipmaker SK Hynix announced that it will distribute a quarterly cash dividend of 375 won per share to its common shareholders. The dividend payment date is August 31st, and the dividend will be paid within one month from the dividend date. Furthermore, SK Hynix stated that to enhance shareholder value, the company is actively researching additional shareholder return plans, with specific measures expected to be finalized and announced in the third quarter.

On August 7 (Friday), the Shanghai Gold Exchange's gold T+D closed up 0.72% at 930.59 yuan/gram; the Shanghai Gold Exchange's silver T+D closed up 2.44% at 15517.0 yuan/kilogram.

SK Hynix: Will expand its DRAM and NAND production facilities and increase capacity according to customer demand.

SK Hynix: Plans to invest 35.2 trillion won in Yongin, South Korea for the construction of the second phase of its chip factory.

SK Hynix: The investment will be completed by 2031.

SK Hynix: Plans to invest 19.1 trillion won in its M17 chip plant in Cheongju, South Korea.

According to Yemeni state television, Yemeni air defense forces shot down several drones launched by Houthi rebels over Marib.

August 7th - Hong Kong Stock Exchange data shows that 104 new companies went public in the first seven months of 2026, a 96% increase year-on-year. Initial public offerings (IPOs) raised HK$328.2 billion in the first seven months of 2026, a 154% increase year-on-year. Total funds raised in the first seven months of 2026 amounted to HK$528 billion, a 57% increase year-on-year.