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8/18
22:32
China's State Council has revised the "Regulations on the Management of Housing Provident Funds," expanding the scope of withdrawals to include home renovation for self-occupied housing and payment of property management fees for self-occupied housing. Additionally, the threshold for withdrawing housing provident funds to pay rent has been removed. Influenced by this news, the real estate sector strengthened against the market trend.
22:32
Unitree Robotics, a humanoid robot company, debuted on the Sci-Tech Innovation Board today, with its shares soaring nearly 630% at opening to 1100 yuan, bringing its total market capitalization to over 440 billion yuan. However, the robotics, chip, and hashrate hardware sectors collectively experienced a significant downturn, with storage chip stocks leading the declines.
22:32
Affected by the overnight global bond market storm, Asia-Pacific stocks continued their decline today. As of press time, China's A-share ChiNext Index fell over 4%, the Shanghai Composite Index fell nearly 2%, and the Shenzhen Component Index fell over 2%. The Hong Kong stocks Hang Seng Tech Index fell over 1%, with Baidu Group's share price plummeting over 13% due to second-quarter revenue of 31.3 billion yuan (lower than market expectations of 31.6 billion yuan) and adjusted earnings per ADS of 7.22 yuan (significantly lower than market expectations of 9.75 yuan), both missing expectations.
22:04
Unitree Robotics' offering price is 150.80 yuan per share. Previously, its new share issuance garnered significant market attention, with an online winning rate of 0.0181%, setting a new historical low for the STAR Market. On August 17, the company released its new humanoid robot "H1," with a demonstration video showing it jumping 2 meters high from a standstill and reaching a top speed of 12.66m/s, breaking human records and further igniting market enthusiasm.
22:01
Analysts say China's K-shaped economic recovery will likely prompt investors to continue betting on artificial intelligence (AI) stocks. The latest data shows the tech sector remains a key driver of growth, while consumption and real estate continue to drag on the economy. Official statistics show that output in industrial robots, electric vehicles, and semiconductor manufacturing all grew by at least 20% year-on-year in July, contrasting with the overall economic weakness.
21:55
Hong Kong stocks declined on Wednesday, with the Hang Seng Index falling 0.5% to 25,323.70 and the Hang Seng Tech Index dropping 1.4%. Investors were put on tenterhooks by elevated US Treasury yields and a stalled diplomatic path towards resolving the Middle East conflict. On the mainland, the CSI 300 Index slid 1.6% and the Shanghai Composite Index retreated 1%.
21:51
The Philippine peso fell to a record low against the dollar as higher oil prices put renewed pressure on the currency.
21:43
The Australian dollar edged lower as "another leg down" in artificial intelligence and chip stocks combined with fresh highs in long-term government bond yields to sap market risk appetite, said Richard Franulovich, head of FX strategy at Westpac. The Australian dollar fell 0.1% to $0.7076.
21:39
Former New York Governor Andrew Cuomo stated that the CLARITY Act is crucial for linking the crypto market with traditional financial markets, emphasizing its necessity for the U.S. to catch up on cryptocurrency regulations.
21:08
US Ambassador to Israel Mike Huckabee stated that Israeli settler violence in the occupied West Bank meets the definition of 'terror'. His comments represent a rare rebuke and follow a days-long siege of a Palestinian-American family’s home by Israeli settlers in the village of Qusra.
21:05
The UAE Ministry of Foreign Affairs announced in the early hours of August 19 that, in light of the continuous escalation of regional tensions, it has decided to suspend all trade, commercial, and financial transactions with Iran, with the resumption date to be announced later. Previously, on August 18, the UAE Ministry of Defense stated that it had detected two ballistic missiles launched from Iran, one of which landed in its territorial waters.
21:05
U.S. long-term government bond yields remained high, with the 30-year government bond yield briefly touching 5.34% during Tuesday's trading, its highest level since 2007; the 10-year yield rose to 4.75%. High borrowing costs continue to weigh on growth stock valuations, becoming one of the core factors suppressing Asia-Pacific stock markets.
20:59
On-chain monitoring firm Lookonchain discovered that a newly created wallet received 9.3 million KTA tokens, worth $685,000, and 2 billion GALA tokens, worth $3 million, via a cross-chain bridge. The wallet subsequently sold these tokens for 1,902 ETH (approximately $3.64 million). This action caused the price of KTA to plummet by 37% and GALA by 15%.
20:44
On August 18, the US 30-year government bond yield briefly surpassed 5.3% during intraday trading, reaching its highest level since 2007; the 10-year yield also approached its early 2025 high. Wall Street generally believes that multiple factors, including inflation concerns triggered by the US-Iran conflict, a surge in bond issuance by technology companies, and a widening fiscal deficit, are driving this round of sell-off. These factors are unlikely to dissipate in the short term, and the bond market may officially bid farewell to the ultra-low interest rate environment of the post-crisis era. Affected by this, the US stock market saw an adjustment on Tuesday (August 19), with the Nasdaq Composite Index falling 1.3%, the S&P 500 Index falling 0.7%, and the Dow Jones Industrial Average falling 0.2%. Chip stocks collectively faced pressure, with the Philadelphia Semiconductor Index experiencing its largest single-day drop since July 1.
20:43
US President Donald Trump has taken a tough stance on the Strait of Hormuz tensions, characterizing the current situation as the "new normal" and insisting that there have been no negotiations with Iran.

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