A · Important
[Morning News Selection on August 28]
1. The Ministry of Commerce held a regular press conference on August 27. In response to a question about the U.S. government considering imposing an additional 7.5% tariff on goods imported from China, Ministry of Commerce spokesperson Huang Ling said that China firmly opposes this and will continue to pay close attention to and comprehensively evaluate the U.S.'s subsequent measures, and reserves the right to take all necessary measures.
2. Foreign Ministry Spokesperson Lin Jian hosted a regular press conference. A reporter asked: U.S. President Trump declared a "national emergency" on Wednesday regarding foreign-made equipment in the U.S. domestic power grid. Lin Jian said in this regard that China has always opposed the practice of generalizing the concept of national security and suppressing companies from other countries, and hopes that the United States will provide a fair, just and non-discriminatory environment for the operations of companies from all countries.
3. The Shanghai Municipal Science and Technology Commission released the 2026 key technology research and development plan "Intelligent Computing Optical Network" new generation optical communication technology project application guide. Projects that have been reviewed and approved will set milestone indicators. 40% of financial funds will be allocated when starting, 40% of financial funds will be allocated after completing the milestone indicators, and 20% of financial funds will be allocated after completing all assessment indicators.
4. Chen Haisheng, chairman of the Zhongguancun Energy Storage Industry Technology Alliance, released data at the 11th Western Energy Storage Forum. From 2026 to 2030, China's cumulative installed capacity of new energy storage is expected to have an average annual compound growth rate of approximately 20.7% and 25.5% in conservative and ideal scenarios, respectively.
5. Samsung Electronics and SK Hynix are actively cooperating with Qualcomm to jointly promote the commercialization of high-bandwidth computing chips. Currently, Samsung Electronics and SK Hynix are simultaneously promoting the research and development of HBC, mainly responsible for the stacking of DRAM chips, and plan to cooperate with TSMC to integrate various technologies and packaging processes.
6. Novo Nordisk China announced on WeChat that the marketing application for Novo Nordisk tablets (semaglutide tablets) for long-term weight management submitted by Novo Nordisk has been officially accepted by the Drug Evaluation Center of the National Medical Products Administration of China.
7. SMIC released its semi-annual report. The net profit in the first half of the year was 4.467 billion yuan, a year-on-year increase of 94.2%. Changchuan Technology announced that its net profit in the first half of the year was 964 million yuan, a year-on-year increase of 125.67%.
8. Demingli announced that its net profit in the first half of the year was 6.017 billion yuan, and it planned to distribute 15 yuan for every 10 shares converted into 4 shares. Shannon Core announced that its net profit in the first half of the year was 3.642 billion yuan, a year-on-year increase of 2207%.
9. *ST Konka announced that it plans to voluntarily terminate the listing of A shares and B shares through a shareholders' meeting resolution.
10. Xinwei Communications announced that it plans to acquire 55% equity of high-end MLCC company Yiyang Electronic Technology for 1.1 billion yuan. Guangdong Evergreen announced that its holding subsidiary signed a 1.244 billion yuan GPU computing power cloud service contract. CICC announced that the share swap merger of Dongxing Securities and Cinda Securities was approved by the Shanghai Stock Exchange.
11. Yunnan Germanium Industry released its semi-annual report. The net profit in the first half of the year was 74.2699 million yuan, a year-on-year increase of 235.31%. The semi-annual report shows that Zhang Jianping has become the fourth largest shareholder. Tianqi Lithium Industry released its semi-annual report, with net profit in the first half of the year reaching 4.242 billion yuan, a year-on-year increase of 4925.46%.
12. The three major U.S. stock indexes collectively closed higher, with the Nasdaq rising 1.57%, the S&P 500 rising 0.72%, and the Dow Jones Industrial Average rising 0.2%. NVIDIA rose 8.7% and its market value increased by US$442 billion. Livermore's leading index of Chinese concept stocks closed down 0.24%.
13. White House Press Secretary Levitt said that there are currently no negotiations with Iran and all options are under consideration. Levitt reiterated that the United States is committed to economic isolation of Iran.
14. The Trump administration is reportedly negotiating with Venezuela to acquire equity interests in the country’s oil fields. The deal would involve more than a dozen oil fields and could double U.S. oil reserves.
15. Trump announced that Lake Ontario will be renamed "American Lake" with immediate effect and signed the relevant executive order.
16. SK Hynix CEO Guo Luzheng said that he did not see any significant downward signal in the memory market and expected that the memory shortage will continue until the end of 2030.
17. Kioxia and SanDisk plan to invest US$31 billion to expand a memory manufacturing plant in Japan, aiming to start operations in fiscal 2029.
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