China's Cyberspace Administration intensified a targeted cleanup of online entertainment group livestreaming, directing platforms to tighten content controls and, citing violations including PK-driven tipping, inducements to tip via improper gameplay, vulgar content and harm to minors, handled more than 1,840 offending group-livestream accounts in accordance with law and platform rules.

If the 10-year US Treasury yield continues to rise towards the next support level around 5.2%, gold prices will remain under pressure. However, rising inflation expectations may offset this negative impact. Click to view...

Key News 1. The State Administration of Foreign Exchange (SAFE) held a meeting to exchange experiences on foreign exchange management in the second half of 2026. 2. The People's Bank of China (PBOC) held its work conference for the second half of 2026: It will continue to implement a moderately loose monetary policy. 3. The State Council Executive Meeting: It will effectively expand domestic demand and launch a series of powerful measures targeting areas with great potential and strong driving force. 4. my country approved eight new nuclear power units, with a total investment exceeding 170 billion yuan. 5. The State Administration for Market Regulation (SAMR) conducted guidance on price compliance in the photovoltaic industry. 6. The management of SIM card sales through internet channels was standardized; operators stopped issuing SIM cards through third-party internet channels. 7. The China Securities Regulatory Commission (CSRC) issued penalties to several securities firms, and investment banking business will continue to be strictly regulated. 8. Four departments: Enterprises and individuals with illegal cross-industry operations, excessively high leverage ratios, or serious breaches of trust or major violations of laws and regulations are strictly prohibited from becoming major shareholders or actual controllers of financial institutions. Individual Stock News 1. Changxin Technology's LPDDR6 is nearing the end of its R&D verification process. 2. GigaDevice: Plans to repurchase company shares worth 1 billion to 2 billion yuan. 3. BYD: New energy vehicle production exceeded 420,000 units in July 2026; overseas sales reached nearly 180,000 units. 4. Fuhan Microelectronics: Expects first-half net profit to increase by 1073%-1420% year-on-year, driven by rising global electronic storage prices and tight upstream raw material supply leading to price increases. 5. Tianli Lithium Energy: The company, its controlling shareholder, and actual controller received a notice of investigation from the China Securities Regulatory Commission (CSRC). 6. Fuhan Microelectronics: Expects first-half net profit to increase by 1072.72%-1420.19% year-on-year. 7. Yibo Technology: First-half revenue in 2026 reached 709 million yuan, with net profit increasing by 1561.55% year-on-year. 8. Jiechuang Intelligent: Since 2026, the company has signed projects totaling approximately 430 million yuan in the domestic computing power field. 9. Mingpu Optoelectronics: Plans to raise no more than 1.283 billion yuan through a private placement, to be used for high-speed optical module intelligent manufacturing projects, etc. 10. Aili Home Furnishings, which has seen nine consecutive daily price limits, experienced a cumulative increase of 135.77% from July 21 to July 31. Trading has been suspended for investigation since August 3. 11. Jiaotong University Angli: Starting August 4, it will be subject to other risk warnings, and its A-share abbreviation will be changed to "ST Jiaotong Angli".

Taiwan Stock Exchange Weighted Index (TAIEX) opened down 14.46 points, or 0.03%, at 43,105.29 on Monday, Aug 3.

In early trade on Monday, Aug 3, Shanghai Gold Exchange gold T+D fell 0.62% to 881.9 yuan/gram, while silver T+D dropped 0.99% to 14,094 yuan/kg.

The Taiwan Weighted Index opened 14.46 points lower on Monday, August 3, a decrease of 0.03%, at 43,105.29 points.