It's up 20% since the trade war was declared in April 

China's stock index has hit a ten-year peak. What's behind it?

Baidu, Inc.

Alibaba Group Holding Limited

JD.com, Inc.

Hedge fund founder Ray Dalio has championed investments in China for years, but this summer he sold his remaining stake and resigned from the board of directors

Bridgewater exited $1.5 billion in Chinese stocks, selling Alibaba, Baidu and JD.com

Tencent Holdings Limited


After strong quarterly reporting and double-digit revenue growth, analysts are raising their target prices one by one

Analysts predict Tencent's highest since 2001: What will be the growth driver?

The China Fund, Inc.

NVIDIA Corporation

Turnover on China's stock exchanges exceeded 2 trillion yuan for the first time since February

Investor activity in China is at a six-month peak. What is driving the rally?

China Petroleum & Chemical Corporation

PETROCHINA

CNOOC

The development of the Chinese economy for about 20 years was one of the main factors that ensured the growth of oil consumption in the world. But now China's role has changed: it is becoming a leader in reducing its consumption and limiting its purchases, thereby increasing risks for oil exporting countries. This is changing the situation in the entire global oil industry.

"A cup of rice in your own hands": how China has changed the oil market

The securities of China's largest video game publisher and owner of messenger We Chat collapsed three years ago and remain cheaper than those of foreign peers

'It's only a matter of time': why analysts expect Tencent shares to return to record highs

Advanced Micro Devices, Inc.

Cambricon Technologies Corporation Limited

In addition to Nvidia, AMD's AI gas pedals are also subject to the restrictions

China has urged companies not to use Nvidia chips. How will this affect their exports?

Exxon Mobil Corporation

Chevron Corporation

Trump's threats to India over Russian oil purchases did not impress market participants

UBS has lowered its oil price forecast. Why does the bank now expect it to be closer to $60?

Alphabet Inc.

Tesla, Inc.

Shuanglin Co., Ltd.

Zhejiang Changsheng Sliding Bearings Co., Ltd.

In early August, Chinese startup Unitree unveiled its new robot - A2 Stellar Hunter. The "robot dog" <a href="https://x.com/UnitreeRobotics/status/1952672597558309136">demonstrates</a> incredible tricks, from dancing on one leg to confidently traversing difficult terrain off-road. Almost simultaneously, Google's Deepmind lab announced the <a href="https://x.com/GoogleDeepMind/status/1952732150928724043">development of</a> Genie 3, its new AI capable of generating not just videos, but entire three-dimensional worlds that can be freely explored. Why, out of all the huge stream of news, do these two seem the most interesting to me? They demonstrate two vectors of technology development that, when combined, are capable of turning the world upside down.

Zuckerberg's mistake: metaverses are more necessary for robots than for humans

Nvidia and AMD made a deal with the U.S. government and agreed to give 15% of the proceeds from sales of certain chips in China in exchange for export licenses. Nvidia has been at the center of a conflict with China over allegations that its H20 AI chips are unsafe, which the company categorically denies. At the same time, hedge funds in the energy sector changed their long-term strategy: they started to actively short oil stocks and cut their bets against solar energy. These and other topics are discussed in the review of key events by the morning of August 11.

Highlights for the morning: Nvidia to share revenue with the U.S., SoftBank's bid and a play against oil

The Kraft Heinz Company

LVMH Moet Hennessy - Louis Vuitton, Societe Europeenne

Oil prices fell in early trading after OPEC+ agreed another significant production increase for September. A sharp drop in tourist spending in Japan and Europe hit sales of luxury brands. China unexpectedly imposed an interest income tax on government and bank bonds, spurring a sell-off in the debt market. Buffett recognized a $3.8 billion loss on Kraft Heinz, one of his biggest disappointments in decades. On these and other topics - in our review of key events for the morning of August 4.

Highlights for the morning: oil prices fall, luxury under pressure, Buffett admits failure

The dollar is coming out of a prolonged downward streak - July could be its first month of gains since December

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