Shanghai Gold Exchange gold T+D closed up 1.93% at 944.33 yuan/gram on Monday Aug 10. Silver T+D closed up 2.67% at 15,640 yuan/kg.

2026-08-10

Shanghai Gold Exchange gold T+D closed up 1.93% at 944.33 yuan/gram on Monday Aug 10. Silver T+D closed up 2.67% at 15,640 yuan/kg.

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2026-08-10

China A-share paper sector spiked intraday; Yibin Paper hit the daily limit, while Qifeng New Material, Hengfeng Paper, Senlin Packaging, Minfeng Special Paper and Hengda New Material also rose.

2026-08-10

AI hyperscalers的投资级信用利差以及Oracle五年期CDS仍处于高位,说明 债券投资者仍在担心大型科技公司不断扩张AI资本开支后,自由现金流、回购能力以及资产负债表的边际变化。 这里形成了一个非常清楚的跨资产背离:股票资金仍在追逐AI盈利故事,信用市场却已经开始给AI资本开支重新定价。 美银投资策略师Hartnett甚至认为,只有大型科技股重新恢复强劲,才能压制「国产算力可能提前削弱AI资本开支周期」的担忧。所以 后续观察AI,不应只看纳指或芯片股,还应该看科技企业信用利差是否继续扩大。如果股票上涨、信用仍恶化,说明股债对AI回报率的判断仍未达成一致。