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美國駐黎巴嫩大使館:我們希望黎巴嫩和以色列能夠取得積極成果。
2026-08-03
美國駐黎巴嫩大使館:我們希望黎巴嫩和以色列能夠取得積極成果。
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2026-08-03
President Trump said reaching an agreement with Iran would be preferable to a military strike.
President Trump said reaching an agreement with Iran would be preferable to a military strike.
2026-08-03
A-shares suffered their largest monthly drop of the year in July; the Sci-Tech Innovation 50 index fell nearly 26% on the month with a peak intra-month drawdown exceeding 30%. Several public fund-of-funds (FOFs) heavily weighted to tech and related thematic allocations recorded notable losses. Hong Kong hard-tech names outperformed after Changxin Technology listed on the STAR Market and a batch of hard-tech firms accelerated approvals. Market views diverge: one camp says current tech growth is t
A-shares suffered their largest monthly drop of the year in July; the Sci-Tech Innovation 50 index fell nearly 26% on the month with a peak intra-month drawdown exceeding 30%. Several public fund-of-funds (FOFs) heavily weighted to tech and related thematic allocations recorded notable losses. Hong Kong hard-tech names outperformed after Changxin Technology listed on the STAR Market and a batch of hard-tech firms accelerated approvals. Market views diverge: one camp says current tech growth is tracking offshore moves and inflows concentrated in cyclical pockets such as memory/storage, which lack sustainability; another argues that once China’s equity funding structure stabilizes, tech growth still has runway. Jinxin Fund manager Kong Xuebing warns the A-share funding profile has become markedly short-term: margin lending, leveraged quant strategies and high-frequency trading have likely amplified trading enthusiasm, masking a shortage of incremental and long-term capital. In a macro backdrop with limited systemic opportunities and K-shaped divergence, this convergence of flows creates crowded, consensus trades that are more prone to episodic collapse.
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