Tianhong CSI Dividend Low Volatility 100 ETF (159549)
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Tianhong CSI Dividend Low Volatility 100 ETF (159549) News
Major Capital Raise! Agricultural Bank of China, ICBC, and PICC Plan Combined Private Placement to Raise Up to RMB 275 Billion | Post-Market Announcement Roundup
Today's Focus [Agricultural Bank of China: Plans to Raise No More Than RMB 160 Billion to Replenish Capital] Agricultural Bank of China announced that it intends to issue A-shares to specific investors, including the Ministry of Finance of the People's Republic of China, China National Tobacco Corporation, and its relevant subsidiaries, to raise total proceeds of no more than RMB 160 billion. After deducting relevant issuance expenses, all funds will be used to replenish Core Tier 1 capital. The final amount raised will be subject to the issuance plan approved by regulatory authorities. The Ministry of Finance plans to subscribe for RMB 130 billion, China National Tobacco Corporation for RMB 10 billion, Jiangsu Tobacco, Zhejiang Tobacco, and Hubei Tobacco each for RMB 5 billion, and Beijing Tobacco for RMB 3 billion.
Day One of the 2026 National Reimbursement Drug List Negotiations: Representatives from Multiple Companies Display Visible Joy as Traditional Chinese Medicine and Chronic Disease Drugs Take Center Stage
The annual national medical insurance catalog negotiations have once again entered the stage of on-site bargaining.
Coking coal prices retreat after hitting two-year highs; profits of related listed companies are expected to improve in the second half of the year.
① Since August, the domestic coking coal market has experienced a sharp unilateral rally. Today, expectations of marginal improvement in Mongolian coal imports have emerged, leading to a decline in coking coal prices; ② Industry insiders generally expect that short-term supply gaps will be difficult to fill quickly, making a significant drop in coal prices unlikely. Consequently, the financial performance of listed companies in the coking coal sector is expected to improve in the second half of the year.
Shuanghui Development's H1 meat exports hit a record high for the period; low pork prices and the "stockpiling in slack seasons, boosting sales in peak seasons" strategy drove inventory up by over 20% | Financial Report Analysis
① Shuanghui Development's operating revenue and net profit in the first half of 2026 remained largely flat year-on-year; ② The company's total external sales volume of meat products reached a record high for the first half of any year; ③ Amid low pork prices, the company adopted a strategy of "stockpiling during off-peak seasons and boosting sales during peak periods," resulting in a 22.99% increase in inventory compared to the beginning of the year.
Leading Computing Power Provider: Core AI Cabinet Shipments Triple, Prototypes Delivered! | Selected After-Hours Announcements
Shipments of ASIC racks by AI server giants triple; net profits of large-cap blue-chip insurers surge over 50%; semiconductor foundry leaders report blockbuster results, with first-half net profit growth exceeding fourfold... Which post-market announcements deserve attention today?
Online investors waived subscription for 8,734 shares! Leading humanoid robot company announces results of its initial public offering and listing on the STAR Market | Post-Market Announcement Roundup
Honghe Technology: Termination of Investment in the Development and Production Project for 72 Million Meters of High-Performance Electronic-Grade Fiberglass Cloth per Year
Accelerating Pace! Multiple Companies Disclose July Share Repurchase Updates; Wuliangye and Luxshare Precision Have Already Repurchased Shares Worth RMB 1 Billion | Quick Read of Announcements
① Since July, listed companies have simultaneously intensified both the scale and pace of share repurchases; ② In July, Wuliangye and Luxshare Precision actively advanced large-scale repurchase programs, each accumulating repurchase amounts reaching RMB 1 billion; Yonghe Co., Ltd. swiftly executed its first repurchase the day after its repurchase plan was approved; ③ Today, multiple companies also disclosed new repurchase plans.
Full-year revenue expected at RMB 58.5–60.5 billion! CRO giant with RMB 380 billion market cap raises full-year 2026 guidance across the board | After-Hours Announcements Roundup
Zhongwei Company: Net profit for the first half of the year is expected to increase by 282%–311% year-on-year.
More companies, stronger market-support intentions, and faster buybacks: Shanghai-listed firms announced a record-high number of new share repurchase and management purchase plans in July this year.
① As of July 31 (disclosure date), Shanghai Stock Exchange-listed companies disclosed a total of 89 new share repurchase plans in July, with a combined upper limit of approximately RMB 20.4 billion; they also announced 67 new share purchase plans by controlling shareholders or directors, with an aggregate upper limit of nearly RMB 13.7 billion—marking July as the month with the highest number of newly announced repurchase and purchase plans year-to-date. ② This round of repurchases and purchases is characterized by 'a large number of participating companies, strong market-stabilizing intent, and rapid execution.'
AI Breeze Blows to Northern Guangdong: How the Greater Bay Area's Sole Cluster 'Weaves a Network' | On-the-Ground Investigation of Shaoguan in the 'Race for Computing and Networking' Series
① The Shaoguan cluster has signed agreements for 23 intelligent computing center projects, with the total awarded computing power capacity currently 62 times that of the same period last year, and five 10,000-GPU clusters have been established; ② Leveraging advantages in cost and latency, Shaoguan has attracted 36 upstream and downstream industrial projects; ③ Enhancing supporting capabilities and developing replicable, sustainable industry application scenarios could be a viable direction to better translate existing advantages into industrial spillover effects.
Deeply Engaging in the Synergy Between Computing and Power: Bidirectional Empowerment of AI and Virtual Power Plants | On the Eve of the Virtual Power Plant Boom①
① Bidirectional empowerment: AI provides virtual power plants (VPPs) with an intelligent decision-making engine, while VPPs transform computing load into dispatchable resources; ② Policy mandates require data centers to source over 80% of their electricity from renewable energy, compelling some computing centers to rely on VPPs to aggregate distributed renewable generation to meet this target; ③ An AI agent deployed by a certain VPP has achieved over 90% accuracy in forecasting renewable energy output and commercial/industrial load, and exceeded an 85% win rate in integrated power trading performance.
Amid market turbulence, which funds have preserved their net asset value?
① Recently, the technology growth sector in China's A-share market experienced a sharp correction, leading to significant divergence in public mutual fund net asset values, with some funds heavily concentrated in a single sub-sector posting drawdowns exceeding 40% in a single month; ② Amid this heightened volatility, three types of strategies demonstrated notable resilience: actively reducing equity exposure to lock in gains, cross-sector diversified allocation, and high-dividend, low-volatility approaches.
Shanghai Stock Exchange-listed companies have already distributed over RMB 1 trillion in dividends for 2025 annual reports, with an additional RMB 120 billion set to be disbursed soon.
① As of July 28, Shanghai Stock Exchange-listed companies have already distributed over RMB 1 trillion in cash dividends for their 2025 annual reports, with the remaining approximately RMB 120 billion in dividend payments set to be disbursed intensively in the near term; ② Dividend Low Volatility ETFs, which combine high dividend yields with low volatility characteristics, are becoming a key focus for incremental capital allocation. Dividend-focused ETFs have recorded cumulative net inflows of nearly RMB 23 billion year-to-date, including nearly RMB 2 billion in net inflows since July.
Up to RMB 1 billion to be invested! Controlling shareholder of the RMB 200 billion glass substrate leader plans to increase its holdings of the company's A-shares | Post-market Announcement Highlights
Jiuzhou Yigui: Wholly Owned Subsidiary Plans to Invest RMB 630 Million in Advanced Semiconductor Wafer Stealth Dicing Industrialization Project
Increased Buybacks and Repurchases: Industrial Capital from Shanghai-Listed Companies Continues to Enter the Market at Full Speed
① Over the past week, 42 new share repurchase plans were announced on the Shanghai Stock Exchange, with a combined upper limit of RMB 8.386 billion; 17 new share purchase (by controlling shareholders or insiders) plans were announced, with a combined upper limit of RMB 7.457 billion. ② Industrial capital has maintained a consistently high pace of market entry this year. Since the beginning of 2026, the Shanghai Stock Exchange has seen 190 newly disclosed share repurchase plans, amounting to a total upper limit of RMB 55.5 billion, and 155 newly disclosed share purchase plans with a total upper limit of RMB 22.1 billion.
Nearly 70 Shanghai-listed companies released positive signals over two days, involving share buybacks and management share purchases, upbeat earnings guidance, and interim dividends.
① Nearly 70 companies listed on the Shanghai Stock Exchange released positive signals within two days, covering multiple dimensions including share repurchases and management share purchases, positive earnings guidance, signing of major contracts, and interim dividend plans. ② Within two days, 17 new share repurchase plans were announced by Shanghai-listed companies, with a combined maximum proposed repurchase amount of RMB 2.196 billion; three new share purchase plans were disclosed, with a combined maximum proposed purchase amount of RMB 240 million; additionally, nine companies issued updates regarding their repurchase or purchase activities.
Another wave of share purchases and buybacks is sweeping through A-shares, with the memory storage leader planning to repurchase up to RMB 250 million worth of shares.
① On July 22, after market close, more than a dozen A-share companies disclosed share repurchase or management share purchase plans. ② The chairman of Biwin Storage proposed a share repurchase of RMB 200–250 million for cancellation, while Daqin Railway plans to repurchase shares worth RMB 400–500 million for capital reduction.
Today, a group of A-share companies disclosed share purchase and repurchase plans, with the total amount reaching over RMB 10 billion.
① On July 20, at least 30 listed companies announced plans to increase shareholdings or repurchase shares, with the total maximum repurchase amount exceeding RMB 10 billion. ② The controlling shareholder of Three Gorges Energy plans to increase its stake by RMB 1.5–3 billion, and China Aluminum Group plans to increase its stake by RMB 1–2 billion.
AI Infrastructure Enters a New Race of 'Optoelectronic Integration' | WAIC Observations
① AI infrastructure is entering a new phase of competition centered on 'optoelectronic integration,' with a notably increased presence of photonic technologies during this year's WAIC; ② Currently, NPO is regarded by the industry as a more pragmatic technical approach for domestically developed GPUs to build super-nodes, the commercialization of CPO is accelerating, and optical computing is entering its market penetration phase; ③ Industrial collaboration capabilities are becoming critical to the development of optoelectronic computing power.
Gigawatt-scale AI computing centers accelerate deployment: How to overcome curtailment challenges and close the industrial loop?
① Traditional computing infrastructure is facing unprecedented demands for upgrades. ② In the second and third quarters of 2026, gigawatt-scale intelligent computing center projects led by local governments have shown a clear acceleration trend. ③ Yuegangwan Intelligent Computing has secured cumulative new AI computing orders exceeding RMB 15 billion; its net profit for the first half of 2026 is expected to surpass RMB 240 million, and the company’s total order backlog has now exceeded RMB 30 billion.