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A-share PCB concept stocks rebounded after hitting a low, with Jinan Guoji hitting the daily limit, and Xunjiexing, Qiangrui Technology, Tiantong Shares, and Hangzhou Electric Shares among the top gainers.

2026-08-25

A-share PCB concept stocks rebounded after hitting a low, with Jinan Guoji hitting the daily limit, and Xunjiexing, Qiangrui Technology, Tiantong Shares, and Hangzhou Electric Shares among the top gainers.

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2026-08-25

US Treasury Secretary Bessant: We will not set a specific timetable for severing ties with Iran; we do not have unlimited patience.

US Treasury Secretary Bessant: We will not set a specific timetable for severing ties with Iran; we do not have unlimited patience.
2026-08-25

China International Capital Co says market focus is Jackson Hole and a speech by Wash. His prior comment to “let the market do the Fed’s tightening” failed to ease inflation worries; combined with failed U.S. Treasury intervention this eroded policy

China International Capital Co says market focus is Jackson Hole and a speech by Wash. His prior comment to “let the market do the Fed’s tightening” failed to ease inflation worries; combined with failed U.S. Treasury intervention this eroded policy credibility and pushed U.S. yields higher. CICC expects Wash to reiterate inflation risks and preserve the option to hike to rebuild credibility, while continuing to push for reduced central‑bank intervention and less frequent communication. He has not abandoned a “balance‑sheet reduction + rate cuts” policy concept, but its underlying assumptions appear misaligned with current conditions and need clearer coordination. If Wash demonstrates policy flexibility, pressure on U.S. Treasuries could ease and the dollar be supported; if not, trust may continue to fade, long‑end U.S. yields could rise further and the dollar come under pressure.
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