The CSRC has approved the registration of Ningbo Liqin Resources Technology Co.'s initial public offering and its listing on the Shenzhen Stock Exchange main board.

Asian shares opened slightly lower Friday as renewed geopolitical tensions pulled U.S. stocks and Treasuries down. A jump in oil ahead of Friday’s U.S. jobs report reignited inf concerns. Markets are focused on the payrolls print for fresh clues on Fed policy; stronger-than-expected employment could reinforce the case for rates remaining higher for longer, while any further Middle East escalation could lift energy prices and amplify volatility. UBS analyst Ulrike Hoffmann said short-term risks persist, particularly if U.S. data stay firm, oil continues to stoke inf worries, or markets keep pricing a more hawkish Fed path. Interactive Brokers senior economist José Torres said Wall Street reversed after the recent rally amid lingering uncertainty over the Strait of Hormuz.

On Aug. 6 at the White House, President Trump signed two executive orders aimed at curbing commercial "birth tourism" and narrowing the scope of automatic U.S. citizenship for some children born in the United States. He said the government will escalate enforcement against organizers, including hotels, that arrange travel to the U.S. for childbirth. Trump claimed as many as "hundreds of thousands" obtain U.S. citizenship annually this way and cited cases of groups bringing dozens of children under the guise of families. He called a prior Supreme Court ruling against his restriction "unfair," said the administration is pursuing new measures, and asserted the orders are constitutional and will end commercial birth tourism.