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FTSE China A50 Index futures opened down 0.5%.

2026-08-19

FTSE China A50 Index futures opened down 0.5%.

Other News
2026-08-19

Canada's Prime Minister Carney's office said Carney and U.S. President Trump spoke this afternoon about ongoing negotiations.

Canada's Prime Minister Carney's office said Carney and U.S. President Trump spoke this afternoon about ongoing negotiations.
2026-08-19

Yushu Technology debuted on Shanghai’s STAR Market today at an issue price of 150.8 yuan, implying a post-issue market value of about 61 billion yuan. Based on on 2025 estimates the IPO implies roughly 219x P/E and 36x P/S. Retail subscriptions excee

Yushu Technology debuted on Shanghai’s STAR Market today at an issue price of 150.8 yuan, implying a post-issue market value of about 61 billion yuan. Based on on 2025 estimates the IPO implies roughly 219x P/E and 36x P/S. Retail subscriptions exceeded 8,000x. Pre-listing offshore private trading priced the stock about 176% above the issue price, with derivatives priced even more aggressively, indicating initial trading is focused on the scarcity value of a leading humanoid-robot name. Refinitiv also noted large-scale replacement by humanoid robots remain constrained by cost and reliability: to achieve a two-year payback total cost would need to fall to roughly 160,000 yuan, while current prices are typically 300,000–500,000 yuan; 50–70% of humanoid robots this year may be deployed for training data collection rather than direct production value.
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