On Monday Japan government bonds fell as concern about inflation and fiscal risks pushed the benchmark 10-year JGB yield up for a sixth session to 2.79%, near Friday's intraday peak of 2.81% and the highest since Oct 1996. Yields have risen over the past month, led by the long end, amid energy-driven inflation risk, a sharp yen depreciation and worries over bigger government spending. Sony Financial senior economist Ken Miyajima said entrenched fears of fiscal expansion and cautious monetary man

Guotai Haitong chief strategist Fang Yi says China’s stock market remains in a buy window. He cites: US core inflation flattening and international oil around $60–70/bbl, implying a visible US inflation decline in July–August that eases constraints on rate‑cut advocates and reduces inflation/tightening debate; the unwinding of rigid financial guarantees, weak returns in traditional commercial products and the end of manual interest top‑ups, which are boosting asset‑management demand from high‑net‑worth and corporate clients; and faster private fund filings and public fund approvals since June, with rebuilding of absolute‑return positions delivering net inflows and market support. He adds that global AI investment and energy transition are strengthening growth expectations for Chinese tech, manufacturing, financials and select resource names, and expects stronger interim earnings in those sectors.

A股開盤，滬指開漲0.38%，深證成指開漲0.52%，創業板指開漲0.77%，存儲芯片板塊漲幅居前。