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The A-share retail sector fluctuated higher, with Zhuhai Duty Free Group and Guofang Group hitting the daily limit, and other stocks such as Baida Group, Guoguang Chain, Central Mall, Sanjiang Shopping, and Yonghui Supermarket following suit.

2026-09-03

The A-share retail sector fluctuated higher, with Zhuhai Duty Free Group and Guofang Group hitting the daily limit, and other stocks such as Baida Group, Guoguang Chain, Central Mall, Sanjiang Shopping, and Yonghui Supermarket following suit.

Other News
2026-09-03

Japanese Government Pension Investment Fund (GPIF) held an unusually timed management committee meeting on Aug. 21 — its first August meeting in seven years — prompting market speculation the country’s largest pension fund may increase its allocation

Japanese Government Pension Investment Fund (GPIF) held an unusually timed management committee meeting on Aug. 21 — its first August meeting in seven years — prompting market speculation the country’s largest pension fund may increase its allocation to Japanese government bonds (JGBs). Agenda materials show the session included a report from the team responsible for asset allocation and investment operations; the committee had in March concluded there was no need to revisit asset allocation. In a note, JP Morgan strategist Ikue Saito said revisiting the topic only five months later was highly unusual and suggests the committee may be reassessing its prior stance, likely driven by the sharp rise in JGB yields since March.
2026-09-02

Domestic News 1. Xi Jinping holds talks with Egyptian President Abdel Fattah al-Sisi. 2. Pan Gongsheng, Governor of the People's Bank of China, attends the G20 Finance Ministers and Central Bank Governors Meeting. 3. The National Energy Administra

Domestic News 1. Xi Jinping holds talks with Egyptian President Abdel Fattah al-Sisi. 2. Pan Gongsheng, Governor of the People's Bank of China, attends the G20 Finance Ministers and Central Bank Governors Meeting. 3. The National Energy Administration holds a meeting to deploy the construction of new power grids, accelerating the approval and construction of major power grid projects such as transmission channels. 4. According to data from the Shanghai Stock Exchange, 2.3973 million new A-share accounts were opened in August 2026. International News 1. The Reserve Bank of New Zealand raised interest rates by 25 basis points as expected, and stated that the risk of further significant rate hikes in the future has decreased. 2. The Trump administration plans to impose additional tariffs on chips, providing exemptions for US domestic manufacturers. 3. The ADP non-farm payrolls report is disappointing! The US labor market is cooling, and manufacturing hiring has stalled. 4. Reports indicate that OPEC+ may maintain its oil production policy unchanged on Sunday. 5. Amid the escalating tariff war, the Bank of Canada kept its interest rate at 2.25% for the seventh consecutive meeting. 6. The yen's sudden surge sparked speculation of intervention in the foreign exchange market. 7. Trump denied "trying to force Iran back to the negotiating table," saying he "doesn't care" whether Iran signs the agreement. 8. The Iranian parliament speaker stated that the Strait of Hormuz will only reopen after the US fulfills its commitments.
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