Japan is considering bringing foreign-bank financing into US gas-fired power projects within its $550bln investment pledge to the United States, saying such financing would help raise necessary foreign-currency funds. JP Morgan and other US banks are close to agreements to provide financing under the framework; loans would sit alongside Japan Bank for International Cooperation (JBIC) lending and could be guaranteed by Nippon Export & Investment Insurance (NEXI). The banks would help fund project

A股寧德時代開盤漲近4%，報398.01元/股。

Zheshang Securities says prior market adjustment pressure is largely released and a more positive short-term stance is warranted. Large inflows into mainstream ETFs have driven a clear bottoming rebound, suggesting the short-term trough is taking shape. Since late June, the ChiNext and STAR Market-led segment has completed a sizeable correction that has largely discharged internal adjustment pressure from earlier gains, limiting near-term downside. The Shanghai Composite has found support near its 20-month moving average and has the momentum to retest the yearly moving average or the 4,000 level. The ChiNext index has rebounded above its yearly moving average and shows a relatively complete five-wave structure on the 60-minute chart; a renewed retest—whether it makes a new low or not—would complete a bottom and likely precede a rebound on timeframes above the daily chart (STAR 50 exhibits a similar pattern). Positioning: sectors already showing recovery include securities, innovative drugs and Hang Seng Tech—these can be watched on dips from a mid-term perspective as rebalancing options outside core tech; in the short term, consider buy-the-dip participation in recent oversold rebounds across ChiNext and the STAR Market.