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A-share memory chip stocks rallied in early trading, with Woge Optoelectronics rising over 9%, and Advanced Materials, Hongban Technology, and Guoke Microelectronics all rising over 8%. Guangli Technology, Zhengfan Technology, and Shengyi Technology

2026-08-07

A-share memory chip stocks rallied in early trading, with Woge Optoelectronics rising over 9%, and Advanced Materials, Hongban Technology, and Guoke Microelectronics all rising over 8%. Guangli Technology, Zhengfan Technology, and Shengyi Technology followed suit.

Other News
2026-08-07

Thailand's Finance Minister: Plans to reduce the consumption tax on automobile production in Thailand.

Thailand's Finance Minister: Plans to reduce the consumption tax on automobile production in Thailand.
2026-08-06

Bank of England analysis finds AI development and adoption have raised productivity in UK firms while reducing employment. Software and IT consulting firms’ contribution to annual productivity growth has increased tenfold versus the pre‑pandemic deca

Bank of England analysis finds AI development and adoption have raised productivity in UK firms while reducing employment. Software and IT consulting firms’ contribution to annual productivity growth has increased tenfold versus the pre‑pandemic decade, adding 0.1 percentage point to productivity in 2023–25. Information service providers shifted from a drag to a positive contributor over the same period. AI adopters show rising productivity particularly in office administration and business services, where repetitive tasks (scheduling, invoicing) are prone to automation. Vacancies in occupations most exposed to AI fell 15% over the past three years; medium‑exposure occupations fell 10% and low‑exposure 6%. Customer service and administrative vacancies declined by more than 20%.
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