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Tencent's Licaitong (current + 7-day annualized yield) ranged 1.3800%–0.7170%; WeChat's Lingqiantong 7-day annualized yield ranged 1.0250%–0.9300%; Alipay's Yu'ebao 7-day annualized yield ranged 1.0100%–0.9520%.

2026-07-28

Tencent's Licaitong (current + 7-day annualized yield) ranged 1.3800%–0.7170%; WeChat's Lingqiantong 7-day annualized yield ranged 1.0250%–0.9300%; Alipay's Yu'ebao 7-day annualized yield ranged 1.0100%–0.9520%.

Other News
2026-07-28

CITIC Securities says A‑shares will win over the long term: the market’s upward trend is intact, market aggregate capitalization is solid and investment opportunities are broad; a handful of individual-stock bubbles exist but there is no systemic ris

CITIC Securities says A‑shares will win over the long term: the market’s upward trend is intact, market aggregate capitalization is solid and investment opportunities are broad; a handful of individual-stock bubbles exist but there is no systemic risk, and industry upgrading and earnings growth are substantial. By contrast, US equities carry high market‑wide bubble risk despite technology and monetary edges, with industrial hollowing and price froth posing systemic vulnerabilities. It lists eight comparative advantages for A‑shares: 1) total market‑cap level, providing a safety‑margin advantage; 2) lower leverage scale, supplying superior liquidity conditions; 3) different monetary/credit profile, yielding a sovereign‑credit advantage; 4) a domestic AI development model, offering AI outlook advantages; 5) faster industry renewal, enabling quicker adoption of new sectors; 6) higher‑quality industrial chains; 7) stronger industry earnings performance; 8) greater future revaluation potential.
2026-07-27

The Baltic Dry Index fell 47 points (1.7%) to 2,696, ending a three-day rally and marking its first decline since July 21. The Capesize index dropped 85 points (2%) to 4,200, its lowest since July 23; Capesize daily earnings fell $770 to $34,587. The

The Baltic Dry Index fell 47 points (1.7%) to 2,696, ending a three-day rally and marking its first decline since July 21. The Capesize index dropped 85 points (2%) to 4,200, its lowest since July 23; Capesize daily earnings fell $770 to $34,587. The Panamax index fell 25 points (1.2%) to 1,999, its lowest since May 1; Panamax daily earnings fell $223 to $17,990. The Supramax index slipped 24 points (1.4%) to 1,670.
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