Real-time News

On August 15th, Huawei's new tablet MatePad Air started pre-sale at 10:00 on August 15th and will be officially launched on August 21st.

On August 15th, the total value of imports and exports of goods reached 3.91 trillion yuan in July, a year-on-year increase of 6.7%. Of this total, exports amounted to 2.3 trillion yuan, an increase of 8.0%, while imports amounted to 1.6 trillion yuan, a rise of 4.8%. From January to July, the total value of imports and exports reached 25.69 trillion yuan, a year-on-year increase of 3.5%. Of this total, exports amounted to 15.3 trillion yuan, a rise of 7.3%, while imports amounted to 10.39 trillion yuan, a decrease of 1.6%. From January to July, general trade imports and exports grew by 2.1%, accounting for 64.0% of the total value of imports and exports. Imports and exports with participating countries in the Belt and Road Initiative grew by 5.5%. Imports and exports by private enterprises grew by 7.4%, accounting for 57.1% of the total value of imports and exports, an increase of 2.1 percentage points year-on-year. Exports of mechanical and electrical products grew by 9.3%, accounting for 60.0% of the total value of exports.

JD Health (06618.HK) saw its share price increase by 15%.

According to a report released on August 15th, from January to July, the sales area of newly built commercial housing reached 515.6 million square meters, a year-on-year decrease of 4.0%, of which residential sales decreased by 4.1%. Sales of newly built commercial housing totaled 4.9566 trillion yuan, a decrease of 6.5%, of which residential sales decreased by 6.2%. At the end of July, the area of commercial housing for sale reached 764.86 million square meters, a decrease of 4.62 million square meters from the end of June. Of this, the area of residential housing for sale decreased by 2.85 million square meters.

Japanese Finance Minister Katsunobu Kato: Although specific monetary policy decisions are made by the Bank of Japan, we must pay close attention to the economic and price environment behind the recent calls from the business community for the Bank of Japan to raise interest rates.

Japanese Finance Minister Katsunobu Kato: The Bank of Japan is expected to work closely with the government to implement appropriate monetary policy to achieve its price target in a sustainable and stable manner. He declined to comment on Bessant's remarks about the Bank of Japan.

Japanese Finance Minister Katsunobu Kato: Monetary policy falls under the jurisdiction of the Bank of Japan.

Oriental Selection (01797.HK) rose again by more than 8%, closing up 10% yesterday, with the monthly cumulative increase exceeding 70%.

Hong Kong-listed pharmaceutical stocks strengthened, with InnoPharma-B (02591.HK) up 213.17%, Page Biopharma-B (02565.HK) up 31.46%, and Ascletis Pharma-B (01672.HK) up 8.72%.

South Korean President Lee Jae-myung: Seeking future-oriented cooperation with Japan.

Japanese Finance Minister Katsunobu Kato: The government will speed up the notification of tariff measures to businesses.

Japanese Minister of Economic Revitalization Ryomasa Akazawa: US tariffs may reduce Japan's real GDP by 0.3-0.4%.

Japanese Minister of Economic Revitalization Ryomasa Akazawa: But we have not discussed this specifically with the United States yet.

Japanese Minister of Economic Revitalization Ryomasa Akazawa: My understanding is that in the latest US-Japan trade agreement, the chip manufacturing equipment industry is included in the "chip" category.

Japanese Economic Revitalization Minister Ryomasa Akazawa: The government and the Bank of Japan are working hard to achieve an inflation rate of 2%, which will help achieve solid economic growth.

The Hang Seng Index's decline widened to 1%, and the Hang Seng Tech Index fell 1.1%.

Japanese Economic Revitalization Minister Ryomasa Akazawa: Will not urge the Bank of Japan to set interest rates at a specific level.

Japanese Minister of Economic Revitalization Ryomasa Akazawa: U.S. Treasury Secretary Benson did not call on the Bank of Japan to raise interest rates, but only said that the Bank of Japan may raise interest rates due to lagging inflation.

The Hang Seng Index in Hong Kong opened at 25,322.1 points, down 197.22 points, or 0.77%, on August 15 (Friday); the Hang Seng Tech Index opened at 5,509.09 points, down 66.94 points, or 1.2%, on August 15 (Friday); the CSI 300 Index opened at 9,054.94 points, down 73.99 points, or 0.81%, on August 15 (Friday); and the H-share Index opened at 4,395.86 points, down 6.16 points, or 0.14%, on August 15 (Friday).

New York silver futures fell below $38 an ounce, down 0.19% on the day.