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China Merchants Securities said the risk-on lift from August’s macro- and micro-liquidity improvement and systemic repair looks to be tapering. With few near-term liquidity catalysts and the concentrated mid-year earnings disclosure window approachin

2026-08-19

China Merchants Securities said the risk-on lift from August’s macro- and micro-liquidity improvement and systemic repair looks to be tapering. With few near-term liquidity catalysts and the concentrated mid-year earnings disclosure window approaching, the market will focus more on earnings-driven structural opportunities. Style leadership may move from early-August growth dominance to more balanced rotation; watch CSI 1000 and the Shuangchuang (dual-innovation) index, with selective allocation to the Value 100 Index for balance. Insurance institutions’ equity exposure (stocks + funds) rose to 15.66% in 2026 Q2, second only to June 2015’s 16.07%.

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2026-08-19

Market news: The UK has added seven new sanctions designations under the Iran sanctions regime.

Market news: The UK has added seven new sanctions designations under the Iran sanctions regime.
2026-08-19

The iShares Biotech ETF rose 3.2%, and the State Street SPDR Biotech ETF rose 2.9%.

The iShares Biotech ETF rose 3.2%, and the State Street SPDR Biotech ETF rose 2.9%.
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