As of Aug 12, margin financing on the Shanghai Stock Exchange was CNY1.355237 trillion, up CNY4.813 billion from the prior trading day; Shenzhen was CNY1.283743 trillion, up CNY4.575 billion. Combined balances rose CNY9.388 billion to CNY2.63898 trillion.

At the open of the Shanghai Gold Exchange evening session on Aug 12 (Wed), Gold T+D rose 0.25% to 955.08 yuan/gram; Silver T+D rose 1.5% to 16,190.0 yuan/kg.

The PBOC released its 2Q26 Monetary Policy Implementation Report, saying it will continue a moderately loose monetary stance, deploy policy tools to manage both aggregate and structural liquidity, implement earlier measures and refine tool design. It will step up financial support for expanding domestic demand, technological innovation and small-and‑micro enterprises. The bank reaffirmed a managed floating exchange rate against a basket, will maintain exchange-rate flexibility and use the rate as an automatic stabilizer to support macro and external balance, while taking measures to bolster FX-market resilience, stabilize expectations and prevent exchange-rate overshooting to keep the renminbi broadly stable at a reasonable equilibrium. The PBOC said it will expand central bank macroprudential and financial stability functions, innovate tools to maintain market orderly functioning and firmly prevent systemic financial risks.