Jucan Optoelectronics' new wide‑angle Mini‑LED direct‑view chips have secured approval from leading domestic customers and moved into scaled bulk supply, with orders continuing to ramp. Mini direct‑view sales reached 135 mln yuan in 1H2026, up 380% YoY. The company expects full‑year revenue to increase further.

July brought sharp losses across China’s quantitative private fund sector. Private fund tracker Simu Paipai shows large, broad drawdowns at several quant managers in July; some funds flipped from YTD gains to losses and single-month drops exceeded 20%. As of July 31, 2026, of nine Magic Square Quant flagship products, only Jiuzhang–Magic Square CSI 500 Quant Multi-Strategy No.2 retained a marginal YTD gain of 0.04%; the other eight are YTD negative. Magic Square Quant Xinhuai 500 Index Special No.19 is down 3.84% year-to-date. All nine Magic Square products fell more than 20% in July; the largest monthly decline was Magic Square CSI 500 Quant Aggressive No.1, down 22.15% in July.

Tencent Cloud said it has extended limited-time free calls to the Hy3 model in CodeBuddy and WorkBuddy through Aug. 31, 2026. Citing high demand, the company said it has allocated daily free quotas to ensure smooth access; users may be placed in a queue during peak periods and will see a page notice indicating when quotas reset.