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US-listed storage stocks weakened in pre-market trading, with SK Hynix (SKHY.O) and Micron Technology (MU.O) down 3.4%, SanDisk (SNDK.O) down 4.2%, and Western Digital (WDC.O) down 2.9%.

2026-08-24

US-listed storage stocks weakened in pre-market trading, with SK Hynix (SKHY.O) and Micron Technology (MU.O) down 3.4%, SanDisk (SNDK.O) down 4.2%, and Western Digital (WDC.O) down 2.9%.

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2026-08-24

China's gold retail market is in its seasonal peak, but buying patterns are shifting: with spot gold at elevated levels, consumers are favoring low-weight, small-gram products over the large bars that were popular earlier in the year. Retailers repor

China's gold retail market is in its seasonal peak, but buying patterns are shifting: with spot gold at elevated levels, consumers are favoring low-weight, small-gram products over the large bars that were popular earlier in the year. Retailers report a pattern of lower average gram weight per purchase while overall demand remains intact. Ahead of Qixi, major jewelers ran promotions: Chow Tai Fook offering items from 10% off, Lao Fengxiang discounting priced gold jewelry by 80 yuan per gram, and Chao Hongji at 15% off single items and ~17% off two-item purchases. Qu Rui, senior vice director of research at Orient Jincheng, says small-weight sales reflect consumption stratification and scenario-based demand in a high-price environment. Since early 2026 gold prices have rebounded, lifting the market’s effective price floor and raising retail entry thresholds. Seasonal festivals may provide intermittent support for consumption, but high gold prices and household income expectations should continue to constrain demand growth.
2026-08-24

Hong Kong's Hang Seng Index opened down 229.34 points (-0.88%) at 25,780.12 on Monday, Aug. 24. The Hang Seng Tech Index opened down 53.00 points (-1.11%) at 4,713.16. The Hang Seng China Enterprises Index (HSCEI) opened down 84.99 points (-0.98%) at

Hong Kong's Hang Seng Index opened down 229.34 points (-0.88%) at 25,780.12 on Monday, Aug. 24. The Hang Seng Tech Index opened down 53.00 points (-1.11%) at 4,713.16. The Hang Seng China Enterprises Index (HSCEI) opened down 84.99 points (-0.98%) at 8,549.35. The Red Chip Index opened down 4.37 points (-0.10%) at 4,287.98.
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