What happened in the past 24 hours｜July 31, 2026
【Today’s Highlights】
1. The Ministry of Industry and Information Technology has recently issued the “15th Five-Year Plan” (XV) for industrial green and low-carbon development, and published an interpretation. The document focuses on industrial energy conservation and carbon reduction, green manufacturing, and the recycling of resources.
2. The “Provisions on Clear Disclosure of Integrated Financing Costs for Personal Loan Business” will take effect on August 1. Banks are advancing system upgrades, contract revisions, and fee/interest disclosures, and lending-partner institutions are also adjusting their processes in parallel.
3. Multiple city commercial banks, rural commercial banks, and township banks have lowered deposit rates. Some five-year fixed deposits have already moved into the “1” handle, and in certain terms there have been instances of rate inversion.
【A-shares / China Assets】
1. As of July 30, the financing balance on the Shanghai Stock Exchange was RMB 1,322.12 billion, down RMB 14.483 billion from the previous trading day; on the Shenzhen Stock Exchange, the financing balance was RMB 1,254.098 billion, down RMB 22.176 billion. Combined across both markets, the total decreased by RMB 36.659 billion.
2. The Shanghai-Hong Kong Silver main contract rose 2.00% intraday, currently at RMB 14,428.00 per kilogram.
【Overseas Markets】
1. Korea’s KOSPI index jumped 17% intraday, currently at 6,545.15 points.
2. S&P 500 index futures rose 0.3%, and Nasdaq index futures rose 1.1%.
【Change Alerts】
1. New rules on personal loans: effective August 1. Banks and lending-partner institutions have entered the transition phase for systems, contracts, and disclosures. Next, watch the publicly issued interpretation standards and the rollout progress of institutions.
2. Deposit rates: many small and medium-sized banks continue to cut deposit rates, and five-year deposit rates have reached the “1” handle. Next, watch more institutions’ announcements and changes in the term structure.
【Domestic Leads】
1. Recently, summer escape travel in many places has warmed up. Tourists choose indoor museums and cultural venues, snow-and-ice worlds, factory workshops, and summer getaway towns, making the tourism-and-travel consumption scenarios more diversified.
【Overseas Leads】
1. HSBC Holdings has agreed to sell its Australian residential mortgage and personal loan portfolio valued at USD 25 billion to Blackstone Group, and the related business will be taken over by Virgo BidCo.
Source: Internet public information compilation. For research and study only; not investment advice.
【Today’s Highlights】
1. The Ministry of Industry and Information Technology has recently issued the “15th Five-Year Plan” (XV) for industrial green and low-carbon development, and published an interpretation. The document focuses on industrial energy conservation and carbon reduction, green manufacturing, and the recycling of resources.
2. The “Provisions on Clear Disclosure of Integrated Financing Costs for Personal Loan Business” will take effect on August 1. Banks are advancing system upgrades, contract revisions, and fee/interest disclosures, and lending-partner institutions are also adjusting their processes in parallel.
3. Multiple city commercial banks, rural commercial banks, and township banks have lowered deposit rates. Some five-year fixed deposits have already moved into the “1” handle, and in certain terms there have been instances of rate inversion.
【A-shares / China Assets】
1. As of July 30, the financing balance on the Shanghai Stock Exchange was RMB 1,322.12 billion, down RMB 14.483 billion from the previous trading day; on the Shenzhen Stock Exchange, the financing balance was RMB 1,254.098 billion, down RMB 22.176 billion. Combined across both markets, the total decreased by RMB 36.659 billion.
2. The Shanghai-Hong Kong Silver main contract rose 2.00% intraday, currently at RMB 14,428.00 per kilogram.
【Overseas Markets】
1. Korea’s KOSPI index jumped 17% intraday, currently at 6,545.15 points.
2. S&P 500 index futures rose 0.3%, and Nasdaq index futures rose 1.1%.
【Change Alerts】
1. New rules on personal loans: effective August 1. Banks and lending-partner institutions have entered the transition phase for systems, contracts, and disclosures. Next, watch the publicly issued interpretation standards and the rollout progress of institutions.
2. Deposit rates: many small and medium-sized banks continue to cut deposit rates, and five-year deposit rates have reached the “1” handle. Next, watch more institutions’ announcements and changes in the term structure.
【Domestic Leads】
1. Recently, summer escape travel in many places has warmed up. Tourists choose indoor museums and cultural venues, snow-and-ice worlds, factory workshops, and summer getaway towns, making the tourism-and-travel consumption scenarios more diversified.
【Overseas Leads】
1. HSBC Holdings has agreed to sell its Australian residential mortgage and personal loan portfolio valued at USD 25 billion to Blackstone Group, and the related business will be taken over by Virgo BidCo.
Source: Internet public information compilation. For research and study only; not investment advice.