On August 7, the A-share market saw a collective rise in storage chip stocks. Notably, Guoke Micro surged over 12%, while Shengyi Technology, Yiyuan New Materials, Xian Dao Ji Dian, and Hongban Technology hit the 10% daily limit. Kexiang Co. and Jiao Cheng Ultrasonics rose over 9%, Zhengfan Technology increased by over 8%, and Zhaoyi Innovation climbed over 7%. Additionally, Shen Nan Circuit, Wanrun Technology, and Jingce Electronics saw gains of over 6%, while Weidao Nano, Jingyi Equipment, Shengquan Group, and Jiangfeng Electronics rose over 5%. Huahai Qingsi and Jiangbolong increased by over 4%. On the news front, the latest data shows that as of July 31, renowned investor Ge Weidong held 16.4467 million shares of Zhaoyi Innovation, accounting for 2.34% of the company's total shares, making him the fourth largest shareholder. This represents an increase of 185,100 shares compared to 16.2616 million shares at the end of the first quarter of 2026. Furthermore, as of July 31, Ge Weidong's associate Wang Ping held 8.5999 million shares of Zhaoyi Innovation, ranking as the sixth largest shareholder, having increased her holdings by 1.0267 million shares from 7.5732 million shares at the end of the first quarter.
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Ge Weidong Increases Stake in Zhaoyi Innovation, Storage Stocks Surge
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SK Hynix Acquires $7 Billion to $28 Billion in Korean Bonds This Year
On August 7, it was reported by informed sources that SK Hynix has accumulated purchases of approximately 100 trillion to 400 trillion Korean won (about $7 billion to $28 billion) in Korean bond assets this year, with high-end estimates including commercial paper. As of the end of the second quarter of this year, SK Hynix's cash and cash equivalents reached 88 trillion won, an increase of nearly 62% from the previous quarter. The sources indicated that SK Hynix began to expand its bond investments in April of this year, with individual order sizes typically ranging from 100 billion to 300 billion won, primarily focusing on investment-grade bonds rated AA or higher, with maturities generally not exceeding three years. (Bloomberg) -
UAE Sovereign Fund Plans to Invest 1 Trillion Yen in Japan's Largest AI Data Center
On August 7, it was reported that the UAE is considering an investment of 1 trillion yen (approximately 6.3 billion USD) to participate in the construction of an AI data center project in Japan. The Abu Dhabi sovereign wealth fund Mubadala Investment is expected to lead the investment and may collaborate with other overseas and local Japanese investors. Once completed, the project is anticipated to become Japan's largest AI data center, with total investments (including supporting enterprises and surrounding infrastructure) expected to reach up to 2 trillion yen (approximately 12.6 billion USD). It is reported that the project will deploy NVIDIA AI servers. The Japanese government has already prioritized data centers and cloud computing as key growth strategies, aiming to attract 32.7 trillion yen in public and private investments by the fiscal year 2035. In recent years, companies such as TSMC, Tower Semiconductor, and Micron have expanded their investments in Japan, while Japanese data center operator NTT Data plans to invest at least 9 billion USD to expand computing infrastructure by 2033. (Bloomberg) -
Analysis: Trump Will Not Accept Iranian Control of the Strait or Seek Military Symbolic Victory Ahead of Midterms
On August 7, Robert Pape, a political science professor at the University of Chicago, further analyzed in an interview with Al Jazeera that given President Trump's fluctuating attitude since signing a memorandum of understanding with Iran on June 17, he would not accept any agreement that leads to joint control of the Strait of Hormuz by Iran and Oman. Pape stated, 'Trump's position will be inconsistent.' He added, 'I believe Trump can only accept Iranian and Omani control of the Strait for a day or two at most.' He also mentioned, 'With the midterm elections approaching, Trump needs a symbolic victory. This could mean occupying an island or establishing a foothold on the Iranian coastline. This is exactly the kind of symbolic victory that Trump can leverage in the midterm elections.' (Jinshi) -
US Bitcoin Spot ETF Sees $137.6 Million Net Inflow, Ethereum Spot ETF Sees $92.1 Million Net Inflow
On August 7, the total net inflow for Bitcoin spot ETFs yesterday was $137.6 million, with BlackRock's IBIT seeing a net inflow of $128.3 million, MSBT a net inflow of $14.9 million, and FBTC a net inflow of $11.2 million. Meanwhile, HODL experienced a net outflow of $32.8 million, and GBTC had a net inflow of $7.5 million. The total net inflow for Ethereum spot ETFs yesterday was $92.1 million, with BlackRock's ETHA seeing a net inflow of $81.1 million, ETH a net inflow of $4.5 million, ETHE a net inflow of $3.1 million, and FETH a net inflow of $1.4 million, while other products saw relatively stable fund flows. -
Trump Faces 'Escalation Trap', May Consider Action Against Iran
On August 7, Robert Pape, a political science professor at the University of Chicago and author of the Substack column "Escalation Trap," suggested that after failing to defeat Iran through air and naval power, President Trump may ultimately deploy U.S. ground forces. In an interview with Al Jazeera, Pape stated, "President Trump may not initiate ground operations in the coming days or even weeks, but he has already recognized the limitations of air power. He receives daily reports on this. He has also seen the limitations of naval power—so now there is only one branch left, which is ground forces." Pape noted that U.S. ground military action against Iran may also not succeed, but Trump has no other options but to escalate further. He said, "This is what is called an escalation trap: either he advances in this direction or he chooses to concede, and Iran will become the fourth power center in the world. This would be a shocking failure for President Trump. His political legacy in history would be severely damaged." (Jinshi) -
DeepSeek's API Usage Surpasses OpenAI by Three Times, OpenAI Opts for Free Service After Discounts Fail
On August 7, according to Yicai, OpenAI announced on August 6 local time that the default model for free users has been upgraded to GPT-5.6 Luna, allowing unlimited text chat. Approximately one billion ChatGPT users worldwide will benefit directly from this change. Yesterday, DeepSeek released a statement announcing plans to significantly increase its API service pricing in the near future. The contrasting approaches of 'one release and one tightening' reflect the rise of domestic open-source models, which is pressuring a restructuring of the global AI pricing system. -
South Korea Sees 200% Increase in Securities Accounts for Infants Year-on-Year
On August 7, according to CNBC, South Korean parents are intensifying efforts to lay the groundwork for long-term wealth accumulation for their children. Many infants, who have yet to learn to crawl out of their cribs, already have investment accounts opened by their parents. According to Future Asset Securities, South Korea's largest brokerage by market capitalization, the number of securities accounts held by infants under one year old surged by 200% year-on-year in June, reaching approximately 15,000 accounts. After excluding duplicate accounts, the number of new investment accounts for children under nine years old increased by nearly 60%, totaling about 185,000 accounts. -
Crypto Report: CLARITY Bill May Not Advance Before Congressional Recess if Senate Leader Thune Does Not File Cloture Motion Tonight
On August 7, crypto reporter Eleanor Terrett revealed that the CLARITY bill is currently in a state of waiting. It is awaiting a response from the White House regarding the bipartisan ethical issues proposal and/or counter-proposals; at the same time, it is also waiting to see if Senate Majority Leader Thune will file a cloture motion tonight to advance the CLARITY bill. As reported by Brendan Pedersen, both parties are concerned that if the cloture vote fails, it would render a year-long effort futile. However, there is also significant pressure within the crypto industry and the Republican Party to push this matter forward before Congress goes into recess. Additionally, the issue of yield is becoming an increasingly significant obstacle. As more lawmakers express a desire to amend the bill's text, a commentary in the Wall Street Journal has provided them with further justification for pushing for changes. Increasing signs indicate that if Thune does not file the cloture motion tonight, the CLARITY bill may not advance before Congress goes into recess. -
U.S. Senate Delays Vote on CLARITY Act Until September
On August 7, Politico reported that the U.S. Senate has decided to postpone the vote on the CLARITY Act until September. -
Spot Silver Rises 1%
On August 7, spot silver increased by 1% during the day, currently priced at $62.14 per ounce.
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