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U.S. 4-month Treasury auction on Aug. 12 — percentage of allocation at the stop-out yield 9.14%, prior 94.66%.

2026-08-12

U.S. 4-month Treasury auction on Aug. 12 — percentage of allocation at the stop-out yield 9.14%, prior 94.66%.

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2026-08-12

U.S. EIA gasoline inventories fell 968,000 barrels in the week to Aug. 7, versus a market-expected draw of 1.199 mln barrels and a prior draw of 1.643 mln barrels.

U.S. EIA gasoline inventories fell 968,000 barrels in the week to Aug. 7, versus a market-expected draw of 1.199 mln barrels and a prior draw of 1.643 mln barrels.
2026-08-12

On August 11th, the proportion of A-share stocks with a turnover rate below 3% rebounded to 63.52%, ending a four-day decline. The proportion of stocks with a turnover rate above 5% rebounded from near its April lows, remaining roughly unchanged from

On August 11th, the proportion of A-share stocks with a turnover rate below 3% rebounded to 63.52%, ending a four-day decline. The proportion of stocks with a turnover rate above 5% rebounded from near its April lows, remaining roughly unchanged from the previous trading day at 19.19%, but currently still near the threshold. It's worth noting whether market activity can continue to recover. -------- Note: 1. When the proportion of stocks with a turnover rate below 3% rises, especially near historical highs (dashed line in the chart, representing a reversal trend), it indicates that the market is likely encountering a temporary low, making a reversal or rebound more likely. 2. When the proportion of stocks with a turnover rate above 5% remains above the threshold (dashed line in the chart), a strong profit-making effect emerges in the market, making the rally sustainable. In a bull market, this indicator will consistently remain above the threshold, leading to a broad-based market rally; while in a bear market, this indicator is mostly below the threshold, and occasionally exceeding the threshold should be viewed with caution due to the risk of a pullback after a surge.
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