澳元兑美元AUD/USD短线上扬10余点，最高至0.7053。

谷歌(GOOG.O)：宣布我们关于Genie 4的研究；向一小部分受信任的测试者推出Genie 4。

Huayuan Securities assistant director of research and chief fixed-income and banking analyst Liao Zhiming said China’s A-share market may have entered a new allocation window after sustained pullbacks. He cites simultaneous improvement in four conditions: valuations, corporate earnings, capital structure and cross-asset valuation. CSI300 trades at 12.8x PE, near the 0.7th percentile over the past year and the 50th percentile over the past decade; the ChiNext composite PE has fallen to the 10th percentile over five years. All-A parent-net profit rose about 16% in 1H and Liao expects high profit growth to persist into Q3. With deposit rates and bond yields at historic lows and household deposits topping 170 trillion yuan, equity investment looks more attractive; monetary policy remains moderately loose with the possibility of future RRR and rate cuts and fiscal spending likely to accelerate. He recommends steady, phased positioning for medium-to-long-term opportunities amid rising market divergence.