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Gold prices surged and then retreated; patiently await a breakout! The "Da You Zuo V" column has been updated, providing a 3-minute analysis of international gold price movements >>

2026-08-11

Gold prices surged and then retreated; patiently await a breakout! The "Da You Zuo V" column has been updated, providing a 3-minute analysis of international gold price movements >>

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2026-08-11

A consortium led by Sichuan Rural Commercial Bank, together with Bank of Sichuan, Chengdu Bank and Chengdu Rural Commercial Bank, has moved into a substantive preparatory phase to set up a joint wealth-management company. A special working group has

A consortium led by Sichuan Rural Commercial Bank, together with Bank of Sichuan, Chengdu Bank and Chengdu Rural Commercial Bank, has moved into a substantive preparatory phase to set up a joint wealth-management company. A special working group has been established and each bank has seconded key staff to the project, with preparatory work underway. The banks say their current proprietary wealth-management operations are focused on maintaining scale, though some institutions continue to show shrinking assets. Since the December 2023 approval of Zhejiang Bank Wealth, no new bank wealth-management company licenses have been issued; if approved, the Sichuan joint vehicle would end the license drought and would be the first wealth-management company set up jointly by multiple banks. It would also be the second western-region bank wealth manager to open after Chongqing Rural Commercial Bank Wealth, filling a regional gap.
2026-08-11

China Chamber of Commerce for Import and Export of Textiles data show China’s yarn and fabric exports totaled $42.68 billion in Jan–Jun 2026, up 2.8% YoY. By product: yarn exports $8.07 billion, +8.1% YoY; fabric exports $34.61 billion, +1.7% YoY.

China Chamber of Commerce for Import and Export of Textiles data show China’s yarn and fabric exports totaled $42.68 billion in Jan–Jun 2026, up 2.8% YoY. By product: yarn exports $8.07 billion, +8.1% YoY; fabric exports $34.61 billion, +1.7% YoY.
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