Economic Events - The Jackson Hole Global Central Bank Conference will be held from August 21 to 23, with Powell's speech scheduled for August 22 at 22:00 Beijing time [5][6] - The Federal Reserve will release the minutes of the July monetary policy meeting on August 20, which may reveal internal debates regarding interest rate decisions [13][14] - The State Council Information Office will hold a press conference on August 19 to discuss the achievements of the "14th Five-Year Plan" [15] - The Hang Seng Index Company will announce the results of its second-quarter review on August 22 [17] - The 2025 China Computing Power Conference will take place from August 22 to 24 in Datong, Shanxi [18] - Google will host a launch event on August 20 to unveil new Pixel brand hardware [19] Company Earnings - Xiaomi Group is expected to report its Q2 earnings on August 19, with revenue projected to grow approximately 32% year-on-year, reaching around 117 billion yuan [22][23] - Baidu's Q2 earnings are anticipated to show a cautious outlook, with revenue estimates between 32.693 billion and 34.521 billion yuan, reflecting a potential decline [27][28] - Pop Mart International Group expects its revenue for the six months ending June 30, 2025, to increase by no less than 200%, with profits potentially rising by over 350% [30] - Midea Group is projected to achieve Q2 revenue between 135 billion and 140 billion yuan, with a year-on-year growth of 15% to 20% [31][32] - Walmart's upcoming Q2 earnings report is expected to reinforce its bullish investment thesis, showcasing strong fundamentals despite economic headwinds [34]

Group 1: Economic Events - The Jackson Hole Global Central Bank Conference will be held from August 21 to 23, with expectations that Powell will not reveal the September interest rate decision but will focus on the Fed's monetary policy framework assessment [5][9] - The market anticipates a 62.9% probability of a 25 basis point rate cut in September, with a 22.5% chance of a 50 basis point cut, influenced by recent economic data showing a moderate rise in CPI and a cooling job market [5][12] - The Eurozone's August manufacturing PMI preliminary value is reported at 49.8, indicating a potential recovery in manufacturing activity [2][16] Group 2: Company Earnings Reports - Xiaomi Group is expected to report Q2 earnings on August 19, with revenue projected to grow approximately 32% year-on-year, reaching around 117 billion yuan, and net profit expected to increase over 66% [17][18] - Baidu's Q2 revenue is forecasted to be between 32.693 billion and 34.521 billion yuan, with net profit expected to decline by 25.1% to 45.1% year-on-year [19][20] - Pop Mart anticipates a revenue increase of no less than 200% for the first half of 2025, with net profit expected to grow by at least 350% [21] - Midea Group is projected to achieve Q2 revenue between 135 billion and 140 billion yuan, reflecting a year-on-year growth of 15% to 20% [22][23] - Walmart's upcoming Q2 earnings report is expected to reinforce its bullish investment thesis, showcasing strong fundamentals despite economic headwinds [24]