Global Market Highlights: PBOC FX Stability, US Tariff, BOJ Hike, Tech Earnings

China's central bank pledged to keep the yuan exchange rate stable at a reasonable equilibrium level and build a high-quality 'tech board' in the bond market.

Meanwhile, the Commerce Ministry preliminarily found that imported pecans from Mexico and the US are being dumped in China.

White House economic adviser Hassett said if he were at the Fed, he would hold rates or cut them. Reports suggest the BOJ has signaled a September rate hike, prompting US involvement in currency market intervention.

Unitree Robotics' STAR Market IPO saw strong demand with a lottery rate of only 0.018%, and first-day profits could exceed 200,000 yuan.

Alibaba Cloud plans to more than double global data center capacity.

Meta released a small AI model that can run locally on a single GPU, and Zuckerberg urged the US government to lower entry barriers for open-source AI.

Samsung's HBM4 yield reached 80%, the 'golden line,' accelerating NVIDIA's Vera Rubin supply.

Intel shares fell over 3% premarket as it plans to issue $15 billion in common stock to fund AI data center expansion.

TSMC's July revenue surged 44.7% year-over-year on strong AI chip demand.

SK Hynix responded to rumors of selling its Chongqing plant, saying no decision has been made.

Institutions estimate iPhone 18 Pro costs will rise nearly 40%, potentially prompting Apple to adjust margin strategy.

Tech stocks continued gains, with optical modules rising premarket, oil prices up due to Hormuz talks deadlock, and gold staying high.

Japan's Nikkei 225 closed up 2.1%, Shanghai Composite up 0.67%, Hang Seng up 1.05%.