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Chinese A-shares closed higher: ChiNext Index rose over 3%, Shenzhen Composite and Beijing Stock Exchange 50 Index each gained more than 2%, and the Shanghai Composite climbed 1.15%. Newly listed N Changxin surged 465.8% on its debut, setting multipl

2026-07-27

Chinese A-shares closed higher: ChiNext Index rose over 3%, Shenzhen Composite and Beijing Stock Exchange 50 Index each gained more than 2%, and the Shanghai Composite climbed 1.15%. Newly listed N Changxin surged 465.8% on its debut, setting multiple A-share records; its market value reached 3.28 trillion yuan.

Other News
2026-07-27

1. Changxin Memory Technologies set four records on its first day of trading, with its market capitalization exceeding 3.3 trillion yuan, equivalent to two Kweichow Moutai (a major Chinese liquor company). 2. Nvidia is reportedly raising prices on i

1. Changxin Memory Technologies set four records on its first day of trading, with its market capitalization exceeding 3.3 trillion yuan, equivalent to two Kweichow Moutai (a major Chinese liquor company). 2. Nvidia is reportedly raising prices on its GDDR6 and GDDR7 memory modules. 3. South Korea's pension fund became a net buyer of KOSPI for the first time this year, heavily investing in SK Hynix. 4. SK Hynix became the second-largest shareholder of Kioxia. 5. Samsung's Lee Jae-yong is reportedly in talks with OpenAI about a collaboration plan in the AI and semiconductor fields. 6. SK Hynix's second-quarter profits may hit a record high, and the combined profits of South Korea's two memory giants are expected to exceed 150 trillion won. 7. South Korea reached a $950 billion cooperation agreement with global tech giants. 8. "Big Short" Michael Burry reportedly increased his short positions in Micron and Nvidia. 9. Lee Jae-myung: South Korea will become an irreplaceable core country in the global AI supply chain. 10. South Korean retail investors rushed to buy Samsung and SK Hynix single-stock leveraged ETFs ahead of tightening regulations. 11. Samsung Electronics announced the signing of a memorandum of understanding with Broadcom covering up to $200 billion in memory chip, foundry services, and advanced packaging businesses by 2030.
2026-07-27

HONG KONG GOVT Immigration Department said on the 27th it received notification from Nicaragua that Hong Kong passport holders may now enter Nicaragua visa-free for up to 30 days. From Aug. 26, Hong Kong passport holders will also be able to enter th

HONG KONG GOVT Immigration Department said on the 27th it received notification from Nicaragua that Hong Kong passport holders may now enter Nicaragua visa-free for up to 30 days. From Aug. 26, Hong Kong passport holders will also be able to enter the Solomon Islands visa-free for up to 30 days. Simultaneously from Aug. 26, nationals of Nicaragua and the Solomon Islands may enter Hong Kong visa-free for up to 30 days.
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