Trade Policy - US is initiating a significant tariff investigation on furniture entering the US [1] - The investigation is expected to be completed within 50 days [1] - Tariffs will be imposed on furniture entering the US from other countries at an undetermined rate [1] Industry Impact - The goal is to bring furniture business back to states like North Carolina, South Carolina, and Michigan [1]

Regulatory Landscape - A potential deal involving an American buyer could allow TikTok to continue operating in the United States [1] - Discussions regarding TikTok are expected to occur between President Trump and Xi Jinping at an unspecified time [1]

#数据 中国商务部：2025年1-7月，全国新设立外商投资企业36133家，同比增长14.1%；实际使用外资金额4673.4亿元人民币，同比下降13.4%。 ...

Investment Strategy - TS Lombard is positioning for the Jackson Hole meeting by adjusting views on US small-cap and large-cap stocks [1] - The report suggests adjustments to views on the Japanese Yen (JPY), Swiss Franc (CHF), and Australian Dollar (AUD) assets [1]

路透：叙利亚将发行新钞，去掉货币上的两个零以恢复公众对货币的信心。自2011年战争爆发以来，叙利亚镑已贬值99%以上，汇率从战前为50叙利亚镑兑1美元跌至10000镑比1美元。为简化交易并提高货币稳定性，叙利亚央行于8月中旬通知银行，计划发行新货币。新钞由俄罗斯国有印钞公司Goznak印制。 ...

Regulatory Compliance - The Ministry of Industry and Information Technology (MIIT), the National Development and Reform Commission (NDRC), and the Ministry of Natural Resources jointly issued the "Interim Measures for the Management of Total Volume Control of Rare Earth Mining and Rare Earth Smelting Separation" [1] - Rare earth production enterprises are required to establish a rare earth product flow record system [1] - Companies must accurately record rare earth product flow information and upload monthly data to the MIIT's rare earth product traceability information system [1]

刚刚星巴克中国业务股权出售再传进展。路透社引述消息报道，星巴克已要求一批入围的潜在竞标者（多达10家）在未来两周内提交对其中国业务股权的非约束性投标。消息称，星巴克自去年下半年以来已与一系列潜在买家进行了非正式谈判，并计划在年底前达成协议。目前星巴克尚未确定出手结构和股权规模，CEO Brian Niccol表示星巴克仍会致力于中国业务，希望保留有意义的股份。外汇交易员 (@myfxtrader):彭博：星巴克已对其中国业务可能引入的投资者进行了筛选，包括私募股权公司和科技公司在内的十几家公司入围第二轮。包括博裕、凯雷投资集团、殷拓、方源资本、KKR、高瓴和春华资本在内的一些私募股权公司，京东集团和腾讯控股均受邀参与。 ...

Investment Ratings - UBS China downgrades onshore convertible bonds to neutral [1] Investment Opportunities - Chinese offshore technology stocks are attractive [1] - Domestic dividend stocks are attractive [1]

Market Trends - The ChiNext Index rose over 3% in the afternoon, reaching a new high since January 30, 2023 [1] - The ChiNext Index's cumulative increase in August was nearly 15% [1] - Driven by DeepSeek-V3.1 and earlier news related to NVIDIA H20, domestic semiconductors and consumer electronics concepts strengthened [1] Company Performance - Cambricon's stock price in the Science and Technology Innovation Board rose by up to 19% during the session [1] - Cambricon's market value once exceeded SMIC to become the largest in the Science and Technology Innovation Board [1]

GDP & Inflation Forecasts - South Korea's Ministry of Economy and Finance lowered 2024 GDP growth forecast to 09% from 18% [1] - South Korea's Ministry of Economy and Finance raised 2024 inflation forecast to 20% from 18% [1] Government Initiatives - South Korea plans to introduce policy initiatives for 30 major AI projects in the second half of the year [1] - South Korea anticipates government budget expenditure in 2026 will be higher than in 2025 [1]