A[Investment Calendar: Reminder of major capital market events on Tuesday]
①A total of 2 new stocks were listed today, namely Ma Kuang Shares (601123) on the Shanghai Main Board and Betley (301697) on the GEM.
② Ministry of Finance, General Administration of Customs, and State Administration of Taxation: Consumption tax will resume on batteries such as lithium primary batteries, lithium-ion batteries, and all-vanadium redox flow batteries. It will be levied at 2% from September 1, 2026, and will rise to 4% from September 1, 2027.
③The "2026 National Essential Drugs List" will be officially implemented from September 1.
④The Indian government has implemented inventory holding restrictions on bulk sugar consumers, limiting the inventory of bulk sugar buyers to no more than 15 days. The restriction order will take effect from September 1st and will be valid until November 30th.
⑤ Baidu’s listing status on the Hong Kong Stock Exchange will be converted to primary listing from September 1.
⑥Shein is scheduled to launch an IPO in Hong Kong on September 1, raising US$1.7 billion through the Hong Kong IPO and issuing approximately 280 million shares at a price of HK$48.56 per share.
⑦ Two national standards, "Asset Management Data Asset Classification and Code" and "Asset Management Data Asset Registration Guide", will be officially implemented from September 1.
⑧Qualcomm will increase the prices of its entire range of chip products on September 1.
⑨MLCC manufacturer Japan Taiyo Yuden: Price adjustments will be made for some products starting from September 1st.
⑩ Zhuosheng Micro issued a price adjustment letter, announcing that it will implement new prices for the entire series of RF products starting from September 1.
⑪Nanya Plastics announced that CCL and prepreg prices will increase by 20 to 25%, effective from September 1.
⑫ Today, 386 billion yuan of 7-day reverse repurchases and 447 billion yuan of overnight reverse repurchases expired.
⑬The U.S. ISM manufacturing PMI and other data for August will be released today. A[Reminder of important events in the capital market next week: China’s official PMI data for August will be released on Monday; US non-agricultural data for August will be released on Friday; Suiyuan Technology will open subscriptions on Wednesday. The “Four Domestic GPU Tigers” will gather in the capital market]
1. On August 31, China’s official PMI data for August was released, including manufacturing PMI, non-manufacturing business activity index, etc. Previously, China's manufacturing PMI was 49.2% in July.
2. The August non-farm employment report will be released on Friday (September 4). Nonfarm payrolls unexpectedly dropped by 23,000 in July, the worst rate of the year, and the market expected an increase of 55,000 in August. This data can reflect the stability of the job market and whether high inflation is transmitted to wages. Investors will use this to judge the possibility of the Federal Reserve raising interest rates as early as September.
3. From August 31 to September 1, under the auspices of the Kyrgyz Republic, the meeting of the Council of Heads of Member States of the Shanghai Cooperation Organization will be held in Bishkek. The heads of state will review current international and regional hot issues, discuss the development of multilateral cooperation, and the prospects for cooperation in areas such as political security, economy and trade, transportation, energy, digitalization, artificial intelligence, people-to-people and cultural exchanges, and sustainable development.
4. The G20 Finance Ministers and Central Bank Governors Meeting will be held from August 31 to September 1 in Asheville, North Carolina, USA, and will be chaired by Bessant. This is also the first major appearance of the United States re-leading the multilateral agenda after eschewing the South African-led G20 process last year.
5. Three new stocks will be issued next week (August 31st to September 6th), including 2 on the Science and Technology Innovation Board and 1 on the Beijing Stock Exchange. Specifically, Baimeike was issued on August 31; Suiyuan Technology was issued on September 2; and Sinovac was issued on September 3. Among them, Suiyuan Technology, Moore Thread, Muxi Technology, and Biren Technology are collectively known as the "Four Little Dragons of Domestic GPUs." Previously, the closing gains of Moore Thread, Muxi Shares, and Biren Technology on the first day of listing were 425.46%, 692.95%, and 75.82% respectively.
6. The MSCI index will take effect after the closing of August 31 after the August index review and adjustment results. Among them, the MSCI China Index newly included 33 targets such as Zhipu, and excluded 32 targets such as GCL Technology and Kingdee International. Of the 33 stocks included this time, 31 are from A shares.
7. Broadcom’s financial report performance next week will affect artificial intelligence (AI) trading trends. Other companies worthy of attention include Dell Technologies, HP Enterprise, Lululemon, Medtronic, etc. Chinese concept stock NIO will also release results.
8. Shein is scheduled to IPO in Hong Kong on September 1. Documents show that Shein will raise US$1.7 billion through the Hong Kong IPO and issue approximately 280 million shares at a price of HK$48.56 per share.
9. Baidu’s dual primary listing on the Hong Kong Stock Exchange and Nasdaq will take effect on September 1. According to the company's announcement, this move has improved the liquidity and financing flexibility of the two places. The return of Chinese concept stocks to the benchmark continues to have significance. Pay attention to the sentiment of the Hong Kong stock technology sector.
10. Next week (August 31-September 6), a total of 31 companies will gradually lift their restricted shares. Calculated based on the closing price on August 28, the top three companies in terms of market value after the release of the ban are: Aerospace Intelligent Manufacturing (6.05 billion yuan), Honghe Technology (3.46 billion yuan), and Juren New Materials (1.13 billion yuan).
11. The 2026 World Power Battery Conference will be held in Yibin, Sichuan from September 3 to 4. It aims to promote global green, low-carbon and sustainable development and accelerate the high-quality development of the power battery and new energy vehicle industries.
12. The 2026 China International Consumer Electronics Expo will be held in Qingdao from September 4th to 6th. With the theme of "AI Leading the Intelligent Future", the expo aims at the forefront and future trends of today's global consumer electronics industry.
13. The 14th Semiconductor Equipment Materials and Core Components Exhibition (CSEAC2026) will be held in Wuxi from August 31 to September 2. It is an exhibition in the field of semiconductor equipment materials and core components. The exhibition planning exceeds 70,000 square meters and gathers more than 1,300 domestic and foreign companies, covering wafer manufacturing equipment, packaging and testing equipment, core components and materials, and other fields. Overseas exhibitors account for 16%.
14. The G20 Science and Technology Ministerial Meeting will be held in North Carolina, USA, from September 1st to 2nd. Technology giants such as Musk, Huang Jensen, and Altman will attend.
15. The Federal Reserve will release the latest Beige Book on economic conditions on September 3. At the same time, many members of the Federal Open Market Committee will speak on the economic outlook and monetary policy. The market will pay attention to its hints on the timing of interest rate cuts.
16. Tesla will release Cybercab, a self-driving model without a steering wheel and pedals, in Austin on September 3, local time.
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