Shenzhen Stock Exchange has issued a regulatory letter to Zhejiang Lanyu Digital Technology Co., Ltd. and related parties for failing to follow required board review procedures on cash management of idle raised funds from Jan. 15, 2026. The company only convened a board meeting on April 27, 2026 to perform a supplementary review and disclosed that chairman and general manager Guo Zhenrong and financial director and board secretary Tu Ning failed to fulfill their duties, in breach of applicable r

2026-07-29

Shenzhen Stock Exchange has issued a regulatory letter to Zhejiang Lanyu Digital Technology Co., Ltd. and related parties for failing to follow required board review procedures on cash management of idle raised funds from Jan. 15, 2026. The company only convened a board meeting on April 27, 2026 to perform a supplementary review and disclosed that chairman and general manager Guo Zhenrong and financial director and board secretary Tu Ning failed to fulfill their duties, in breach of applicable regulations.

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2026-07-29

Gina Kim, emerging-markets equity portfolio manager at Nordea Asset Management in Singapore, said the core thesis remains intact and current selling in the South Korean market appears irrational and panic-driven, concentrated in AI-related tech names. Some selling is explainable — pre-summer risk reduction, margin calls and recent reporting questioning the sustainability of AI capex. Nordea has trimmed several large tech positions due to single-stock limits rather than deteriorating fundamentals

2026-07-29

Japan prime minister TAKAICHI said at the prime minister's office on July 29 that as of 08:30 local time the Kumamoto prefecture earthquake had killed 13. Earlier, Kumamoto prefectural government reported 3 dead, 5 in cardiopulmonary arrest, 7 missing and 31 injured. cenc measured the quake as magnitude 6.8 on July 28 at 16:27 local time (15:27 Beijing), depth 10 km, struck Kyushu island.