On July 19, Tonghuashun (300033.SZ) announced that it expects the net profit attributable to shareholders of the listed company for the first half of 2026 to be between 878 million and 979 million yuan, representing a year-on-year increase of 75%-95%. In the first half of 2026, the demand for financial information services rapidly grew due to factors such as active trading in the capital market. During the reporting period, the company continued to promote the deep integration of artificial intelligence technology with financial information service operations, accelerating the application of large models and AI technology in financial intelligence, data terminals, and user service scenarios. This has continuously improved the intelligence level of products and service capabilities, further optimizing user experience and enhancing the company's core competitiveness. Based on a net profit of 256 million yuan in Q1, the expected net profit for Q2 is estimated to be between 622 million and 723 million yuan, indicating a quarter-on-quarter growth of 143%-182%.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Tonghuashun: Expected Net Profit Increase of 75%-95% Year-on-Year for First Half of 2026
-
Wechat scan to share
Recommended for you
-
Mizuho Securities: Global Financial Markets May Face 'Triple Blow'
On July 20, Vishnu Varathan, Head of Macro Strategy for the Asia-Pacific region at Mizuho Securities, pointed out that global financial markets may face a 'triple blow'. Firstly, the escalation of the US-Iran conflict is on the brink of war in the Middle East. Secondly, there are concerns about overheating valuations in the AI sector, leading to panic in that field. Thirdly, the Federal Reserve is adopting a hawkish stance due to worries about persistently high inflation. Considering these three shocks, the threat of a summer crash akin to a heatwave cannot be ignored. -
BTC Surpasses $65,000
Market data shows that BTC has surpassed $65,000, currently priced at $65,005.51, with a 24-hour increase of 0.36%. The market is experiencing significant volatility, so please ensure proper risk management. -
US Spot Bitcoin ETF Sees $75.7 Million Net Inflow, Spot Ethereum ETF Sees $105.4 Million Net Inflow Last Week
On July 20, according to data from The Block, the US spot Bitcoin ETF had a net inflow of $75.7 million last week, while the US spot Ethereum ETF saw a net inflow of $105.4 million. -
Key Events and Data Forecast This Week: ECB Rate Decision, Earnings Reports from Google, Intel, Tesla, and More
On July 20, the key events and data forecast for this week are as follows: 1. Monday: ① Data: China's one-year and five-year loan market quoted rates; Germany's June PPI; Canada's June CPI; ② Holiday: Tokyo Stock Exchange in Japan closed for Marine Day; ③ Earnings: AMC Entertainment (AMC.N). 2. Tuesday: ① Data: U.S. ADP employment change for the week; ② Event: European Central Bank releases bank lending survey report; ③ Earnings: Charles Schwab (SCHW.N), General Motors (GM.N), Novartis (NVS.N), etc. 3. Wednesday: ① Data: U.S. API crude oil inventory for the week; U.K. June CPI month-on-month, U.K. June retail price index month-on-month; ② Event: NYMEX August crude oil futures affected by contract rollover, with last on-exchange trading on July 22 at 2:30 PM and last electronic trading at 5:00 AM; please pay attention to the expiration rollover announcements to manage risks. Additionally, some trading platforms may have U.S. oil contract expiration times typically one day earlier than NYMEX; please be cautious; ③ Earnings: Alphabet (GOOG.O), Tesla (TSLA.O), AT&T (T.N), IBM (IBM.N), Texas Instruments (TXN.O), etc. 4. Thursday: ① Data: China's June Swift RMB share in global payments; Australia's June seasonally adjusted unemployment rate; U.K. July CBI industrial orders balance; Eurozone ECB deposit facility rate and main refinancing rate as of July 23; Canada's May retail sales month-on-month; U.S. initial jobless claims for the week; Eurozone July consumer confidence index preliminary value; U.S. EIA natural gas inventory for the week; ② Event: European Central Bank announces rate decision, President Lagarde holds monetary policy press conference; ③ Earnings: Comcast (CMCSA.O), Thermo Fisher Scientific (TMO.N), American Airlines (AAL.O), Intel (INTC.O), etc. 5. Friday: ① Data: U.K. July Gfk consumer confidence index; Japan's June core CPI year-on-year; U.S. July S&P Global manufacturing PMI preliminary value, U.S. July S&P Global services PMI preliminary value; U.S. June new home sales annualized total; ② Event: European Central Bank releases professional forecasters' expectations survey report; ECB Chief Economist Lane speaks; AMD Advancing AI Conference held on July 22-23 in San Francisco; ③ Earnings: Verizon (VZ.N), American Express (AXP.N), etc. 6. Saturday: ① Data: U.S. total oil rig count for the week. (Jin Shi) -
US-Iran Mutual Attacks Continue, Brent Oil Price Surpasses $90 per Barrel
On July 20, due to the ongoing military conflict between the United States and Iran in the Middle East, international crude oil futures saw a significant price increase after the start of a new trading week on the 19th, with Brent crude oil futures surpassing $90 per barrel. (Xinhua News Agency) -
China Chengtong and China Guoxin Announce Increased Confidence in A-Shares
On July 19, two major state-owned capital management companies announced their strong confidence in the Chinese capital market and their plans to increase holdings in A-shares. China Guoxin stated that the company firmly believes in the development prospects of the Chinese capital market and supports the technological innovation and high-quality development of state-owned enterprises. Its subsidiary, Guoxin Investment Co., has already utilized over 50 billion yuan in stock repurchases and special loans to maintain market stability. In the future, it will continue to effectively use this policy tool along with its own funds to increase holdings in central enterprise stocks, resolutely maintaining the strategic value of core assets in the capital market and ensuring its stable and healthy operation. Meanwhile, China Chengtong announced that recently, the company and its subsidiaries, Chengtong Capital and Chengyang Investment, have focused on significantly increasing their holdings in Chinese stock assets, accumulating nearly 10 billion yuan in purchases. China Chengtong is optimistic about the prospects of the Chinese economy and capital market and will continue to use its own funds and stock repurchases to significantly increase its holdings in state-owned enterprises and technology companies' stocks and ETFs, making every effort to maintain the stable operation of the capital market. -
Missile Attack Near Abadan, Iran, Reports of Explosions
On July 19, Iranian sources reported explosions in Abadan, Iran. The Deputy Governor for Security Affairs in Khuzestan Province stated that the outskirts of Abadan were hit by a missile attack that day. Iranian officials claim the attack was carried out by U.S. forces. The incident occurred in the border area outside the city's administrative region, and there have been no reported casualties. Abadan is known as a prominent oil city located in the oil-producing Khuzestan Province. -
Oracle's Credit Default Risk Indicator (CDS) Soars to Historic Highs
On July 19, Oracle's credit risk indicator reached an all-time high, reflecting deep market concerns about the sustainability of the AI investment boom. According to ICE Data Services, Oracle's credit default swap (CDS) spread rose by approximately 10 basis points to 198.23 on Friday, marking a historic closing record that surpassed the previous peak of 198.18 set on March 27. This indicates that the cost for investors to protect Oracle's debt from default has risen to unprecedented levels. Oracle has about $117 billion in bonds within the Bloomberg U.S. Investment-Grade Corporate Bond Index, making it the largest company outside the financial sector in that index. Meanwhile, the release of the new AI model Kimi K3 has raised concerns about the competitiveness of existing AI products, putting overall pressure on tech stocks. The combination of these signals has further deepened market doubts regarding Oracle's aggressive capital expenditure strategy and the prospects for returns on its AI investments. -
Kimi K3 Impacts Anthropic Valuation Expectations
On July 19, the probability of Anthropic reaching a valuation of $1.5 trillion by the end of the year significantly decreased on the prediction market Polymarket. This change was linked to the release of Kimi K3, which has impacted the valuation expectations for Anthropic. On July 17, traders estimated the probability of Anthropic achieving a $1.5 trillion valuation within the year at about 77%; by July 18, this figure dropped to 67%, a decline of approximately 10 to 11 percentage points in just one day. The shift in market sentiment occurred following the release of Kimi K3. It is important to note that the decline reflects the contract prices in the prediction market, not an actual reduction in Anthropic's valuation by 11%. The contract bets on whether Anthropic's valuation can reach or exceed $1.5 trillion by December 31, 2026, and the probability change only reflects the expectations of participating traders regarding this target. Anthropic's most recent public financing occurred on May 28, completing a $65 billion Series H round, resulting in a post-money valuation of $965 billion. To reach the $1.5 trillion target set by the Polymarket contract, its valuation would need to increase by $535 billion, a rise of over 55%. -
U.S. Energy Secretary States Military Actions Against Iran Will Continue
On July 19, according to CCTV, U.S. Energy Secretary Dan Brouillette stated that military actions against Iran will continue until President Trump achieves his military objectives. In an interview, Brouillette mentioned that the Trump administration's goal is to prevent Iran from acquiring nuclear weapons and to weaken its ability to threaten neighboring countries and global commerce. 'Therefore, this mission will continue until the objectives are accomplished.'
Daily Must-Read
-
ENI Takes the Stage at WebX Japan and Builds a Bridge from Traditional Capital to the Future Economy
-
GWDC 2026 KOREA: The New Asian Paradigm of Web3 & AI Sets to Debut in Seoul on Sept 29-30, Inviting Global Builders to the Ultimate Developer Summit
-
From User Journey to Consumption Loop: Understanding UniKey’s Product Logic and the Three Core Use Cases of KEY
-
From AI Router to Agent Economy Network: How UniKey Builds the Next Generation of AI Infrastructure
-
SuperStrike: As AI Takes Over Financial Decision-Making, A New Era of Wealth Creation Begins
-
The largest IPO in history! Panoramic analysis of SpaceX's IPO: trillion dollar valuation, track change, and Musk's trillion dollar net worth
All Comments