A-share CPO concept stocks rallied, with Ruiscom and Kechuan Technology hitting their daily limit, and Dongtian Microelectronics, Shenzhen Keda, and Star-Net Ruijie following suit.

South Korean Finance Minister: We will monitor the situation in the government bond market.

Individual Stock News 1. Alibaba (09988.HK): Q1 FY2027 revenue was RMB 268.95 billion, up 9% year-on-year; adjusted net profit was RMB 20.715 billion, down 38% year-on-year. Net profit attributable to ordinary shareholders was RMB 10.537 billion, down 75.56% year-on-year. 2. Pop Mart (09992.HK): H1 revenue was RMB 17.173 billion, up 23.8% year-on-year; profit attributable to owners of the company was RMB 5.038 billion, up 10.1% year-on-year. The company will launch a share repurchase program of RMB 2-5 billion within the next 6 months. 3. Ping An Insurance (02318.HK): 2026 interim revenue was RMB 615.351 billion, compared to RMB 546.469 billion in the same period last year, up 12.6% year-on-year. Net profit attributable to shareholders of the parent company was RMB 92.585 billion, up 36.1% year-on-year. 4. China Overseas Property (02669.HK): First-half revenue was RMB 7.485 billion, a year-on-year increase of 4.5%; operating profit fell 10.5% to RMB 923 million. Profit attributable to ordinary equity holders decreased by 9.0% to RMB 706 million. 5. J&T Express (01519.HK): In the first half of 2026, the company's revenue reached US$7.67 billion, a year-on-year increase of 39.5%. Among them, express delivery service revenue reached US$7.46 billion, a year-on-year increase of 39.6%. 6. Excellence Education Group (03978.HK) announced its 2026 interim results, with revenue of approximately RMB 1.048 billion, a year-on-year increase of 14.3%; profit attributable to owners of the company was approximately RMB 170 million, a year-on-year increase of 12.39%. 7. GigaDevice (03986.HK): The company will repurchase shares of no less than RMB 1 billion (inclusive) and no more than RMB 2 billion (inclusive), which will be used entirely for cancellation and reduction of registered capital. 8. Li Ning (02331.HK): First-half revenue rose 2.8% to RMB 15.235 billion, with net profit attributable to equity holders at RMB 1.816 billion, a year-on-year increase of 4.5%. 9. NetEase (09999.HK): First-half revenue for 2026 was RMB 60.7 billion, a year-on-year increase of 7.0%. Net profit attributable to shareholders was RMB 17.7 billion. 10. NetEase Cloud Music (09899.HK): First-half revenue was RMB 3.959 billion, a year-on-year increase of 3.4%; adjusted net profit was RMB 860 million, a year-on-year decrease of 55.8%. 11. China Aoyuan (03883.HK): Expected net loss for the first half of 2026 to be between RMB 6.5 billion and RMB 6.8 billion, compared to a net loss of approximately RMB 9.5 billion in the same period last year.