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China's Ministry of Finance issued a notice calling for further fiscal-financial coordination to implement policies that boost domestic demand.

2026-08-21

China's Ministry of Finance issued a notice calling for further fiscal-financial coordination to implement policies that boost domestic demand.

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2026-08-20

Alibaba Group released fiscal 2027 first-quarter results. On the analyst call, CEO Wu Yongming said the AI-agent boom is directly increasing demand for tokens and GPU compute and materially lifting demand for traditional cloud products including CPU

Alibaba Group released fiscal 2027 first-quarter results. On the analyst call, CEO Wu Yongming said the AI-agent boom is directly increasing demand for tokens and GPU compute and materially lifting demand for traditional cloud products including CPU compute, storage, databases and networking. Alibaba Cloud is upgrading toward an agentic cloud. As of August, model-and-application services ARR, including MaaS, has surpassed RMB16 bln. Current market feedback and contract orders indicate compute demand will remain greater than supply; as Alibaba expands supply capacity, AI+cloud revenue growth will continue to accelerate and profitability will continue to improve over the next several quarters.
2026-08-21

At the morning close, China’s front-month futures were mostly higher. Container shipping — Europe route — led gains, up nearly 9%; Shanghai silver rose over 4%. Platinum and lithium carbonate each gained more than 3%; pulp rose about 3%. Polysilicon,

At the morning close, China’s front-month futures were mostly higher. Container shipping — Europe route — led gains, up nearly 9%; Shanghai silver rose over 4%. Platinum and lithium carbonate each gained more than 3%; pulp rose about 3%. Polysilicon, palladium and fuel oil advanced over 2%. On the downside, rapeseed meal and rapeseed oil fell nearly 2%; apples, Soybean No.1, stainless steel (SS), red dates and PVC were down more than 1%.
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