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China A-share gold sector continued to rally. Chifeng Gold hit the daily limit; Xingye Silver-Tin, Baoding Technology and Shen Zhonghua A earlier hit the limit. Shengda Resources, Zhaojin Gold and Shandong Gold rose more than 9%. Xiaocheng Technology

2026-08-20

China A-share gold sector continued to rally. Chifeng Gold hit the daily limit; Xingye Silver-Tin, Baoding Technology and Shen Zhonghua A earlier hit the limit. Shengda Resources, Zhaojin Gold and Shandong Gold rose more than 9%. Xiaocheng Technology, Chaohongji and Zhongjin Gold also gained.

Other News
2026-08-19

Individual Stock News 1. SK Hynix (SKHY.O): Will purchase 40 trillion won worth of treasury shares to reward shareholders, pledging to return 50% of its cash flow to shareholders. 2. Merck (MRK.N) and Moderna (MRNA.O) announced on Wednesday that th

Individual Stock News 1. SK Hynix (SKHY.O): Will purchase 40 trillion won worth of treasury shares to reward shareholders, pledging to return 50% of its cash flow to shareholders. 2. Merck (MRK.N) and Moderna (MRNA.O) announced on Wednesday that their jointly developed melanoma skin cancer vaccine has achieved positive preliminary results in its first late-stage clinical trial. 3. Nebius Group (NBIS.O) will issue $4.5 billion in convertible senior notes. 4. Faraday Future (FFIE.O) announced that its robotics business has entered a new phase of "rapid revenue growth" and is exploring the possibility of independent financing and listing in the robotics industry. 5. Marvell Technology (MRVL.O): Reached a chip product development agreement with Google. 6. Meta Platforms (META.O): Launched the Meta Startup School to accelerate the development of early-stage startups. The first cohort of the startup school will launch on September 1, 2026. 7. Amazon (AMZN.O): The expansion of Prime Air will increase the size of its existing business sixfold. 8. Weibo (WB.O) reported Q2 2026 revenue of $453.8 million, compared to $445 million in the same period last year. 9. Alphabet (GOOG.O) will sell A$5.5 billion in bonds for the first time through a "Kangaroo Offer".
2026-08-20

China's Shanghai Composite Index opened 12.78 points higher, or 0.33%, at 3907.21 on Thursday, August 20. The Shenzhen Component Index opened 142.81 points higher, or 1.03%, at 14032.97. The CSI 300 Index opened 24.6 points higher, or 0.54%, at 4613.

China's Shanghai Composite Index opened 12.78 points higher, or 0.33%, at 3907.21 on Thursday, August 20. The Shenzhen Component Index opened 142.81 points higher, or 1.03%, at 14032.97. The CSI 300 Index opened 24.6 points higher, or 0.54%, at 4613.3. The ChiNext Index opened 44.16 points higher, or 1.27%, at 3517.65. The STAR Market 50 Index opened 17.96 points higher, or 1.08%, at 1685.48.
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