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Dan Bin, chairman of Oriental Harbour, told investors Changjiang Oriental Harbor Fund No.2 remained fully invested heading into July’s deep pullback and was heavily exposed to AI industry-chain names. The fund, which captured NVIDIA-led global AI gai

2026-08-11

Dan Bin, chairman of Oriental Harbour, told investors Changjiang Oriental Harbor Fund No.2 remained fully invested heading into July’s deep pullback and was heavily exposed to AI industry-chain names. The fund, which captured NVIDIA-led global AI gains in 2023 but only began large-scale A-share AI allocations in 2026, suffered a significant drawdown with the AI sector and did not carry out material de-risking—only very small, structural micro-adjustments.

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2026-08-12

Mainland A-shares strengthened into midday; the ChiNext index rose 1.73%, reclaiming the 3,600 level intraday, the Shenzhen Composite Index gained 1.25% and the Shanghai Composite added 0.32%. Turnover on both bourses exceeded CNY1.3 trillion and abo

Mainland A-shares strengthened into midday; the ChiNext index rose 1.73%, reclaiming the 3,600 level intraday, the Shenzhen Composite Index gained 1.25% and the Shanghai Composite added 0.32%. Turnover on both bourses exceeded CNY1.3 trillion and about 3,500 stocks advanced. Compute-hardware-related sectors led gains — optical fiber, CPO, semiconductors, lithography equipment and communications gear; cinema chains remained active and brain-computer-interface names spiked before midday. Oil and gas extraction and coal sectors opened weak and slid further, while livestock farming pulled back.
2026-08-12

Japan broad money (M2) YoY July 4.4% vs 4.5% prior.

Japan broad money (M2) YoY July 4.4% vs 4.5% prior.
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