• Dalian Wanda Commercial Properties said it will hold a shareholders meeting in Beijing on Aug. 15, seeking approval for a plan to delist from the Hong Kong stock exchange
  • China Beige Book, a private report, showed that the economy bounced in Q2 from the slowdown in the previous two quarters
  • China will issue its “13th Five Year” plan for centrally -administered enterprises: China Securities Journal
  • China’s railway investment during the “13th Five Year” period will be far more than 2.8 trillion yuan, according to Economic Information Daily
  • Outstanding amount of margin financing in two exchanges as of June 29 increased 3.927 billion yuan to 849.838 billion yuan
  • PBOC will inject 130 billion yuan into the financial system via its seven-day reverse repurchase operation today. Meanwhile, maturing reverse repos will drain 60 billion yuan from the system, so a net 70 billion yuan will be injected
  • PBOC fixed RMB mid price at 6.6312, 12 basis points firmer than the last fixing
  • China’s finance minister Lou Jiwei says at a State Council meeting that the government is struggling to meet its annual fiscal targets;  the Chinese economy is generally running steady in a reasonable range this year, and a series of policies have led to more positive economic factors. However, the economy is still facing great downward pressure
  • Overcapacity weighs on China bank operating environment; over-capacity and over-leverage remain significant challenges for Chinese steel industry; High levels of indebtedness in industrial sectors facing overcapacity will weighs negatively on operating environment for Chinese banks: Fitch
  • Wang Shouwen, Vice Commerce Minister of China’s Ministry of Commerce, said that Global investment growth is not sustainable; G20 to discuss boosting services trade, trade financing and e-commerce in Shanghai
  • The Shanghai index was 0.24 lower by the midday break, while the Shengzhen index lost 0.13% and the ChiNext index rose 0.24%