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China Economy 2 February 2026 - 8 February 2026

LONGi Green Energy stock in focus: 1.65 bln yuan patent fee signals higher costs as China solar outlook softens

LONGi Green Energy stock in focus: 1.65 bln yuan patent fee signals higher costs as China solar outlook softens

SHANGHAI, Feb 8, 2026, 10:33 CST — The market has closed. LONGi Green Energy Technology Co., Ltd. wrapped up Friday trading in Shanghai with its A-shares ticking 0.7% higher to 18.36 yuan. Now, with the new week ahead, investors are sizing up patent expenses and a less robust demand picture for China’s solar industry.
Bank of China A Shares Slip Into Monday After Anti-Graft Headline — What to Watch Next

Bank of China A Shares Slip Into Monday After Anti-Graft Headline — What to Watch Next

SHANGHAI, Feb 8, 2026, 05:44 CST — The session wrapped up with the market closed. Bank of China Limited’s Shanghai-listed A shares start the week under a new cloud: state media reports say former vice president Lin Jingzhen has been kicked out of the Communist Party for “serious violations of discipline and law”—often a byword for corruption. Lin stepped down from the bank back in 2025.
Agricultural Bank of China 601288 A-shares slide as tech rout bites; inflation data is the next test

Agricultural Bank of China 601288 A-shares slide as tech rout bites; inflation data is the next test

Shanghai, Feb 8, 2026, 03:30 GMT+8 — The market has closed. Agricultural Bank of China Limited’s Class A shares slipped 0.45% to finish at 6.67 yuan on Friday, down 0.03 yuan. The week wrapped up weaker for the mainland’s financial sector. Shares moved within a range of 6.62 yuan to 6.75 yuan, and turnover was roughly 2.24 billion yuan, according to market data.
Gold price near $5,000: China keeps buying as CME margin hikes raise the stakes

Gold price near $5,000: China keeps buying as CME margin hikes raise the stakes

New York, Feb 7, 2026, 12:11 — The market has closed. China’s central bank kept up its gold-buying streak for a 15th month in January, bringing reserves to 74.19 million fine troy ounces, worth $369.58 billion, according to official data out Saturday. The yellow metal last traded near $4,960 an ounce—after a wild spike to almost $5,600 in January, then a sharp drop to $4,403.24 on Monday. Despite a 3.75% dip in China’s gold consumption for 2025, down to 950 metric tons, the China Gold Association said purchases of bars and coins soared 35.14%, accounting for over half of demand.
7 February 2026
Lithium price tumbles in China as futures hit limit — what it means for Albemarle, SQM and the week ahead

Lithium price tumbles in China as futures hit limit — what it means for Albemarle, SQM and the week ahead

New York, Feb 5, 2026, 07:23 EST — Premarket China’s benchmark lithium carbonate prices plunged on Thursday, with the SMM battery-grade index sliding 5.4% to 141,706 yuan per metric ton from Wednesday. The most-traded lithium carbonate futures contract hit its daily limit down — the maximum allowed drop in one session — before bouncing back. Spot sellers stayed cautious, while buyers took advantage of the dips, SMM reported.
Lithium price slips again in China as Albemarle, SQM slide before the bell

Lithium price slips again in China as Albemarle, SQM slide before the bell

NEW YORK, Feb 2, 2026, 07:06 EST — Premarket Battery-grade lithium carbonate — the refined chemical essential for lithium-ion batteries — kept sliding in China Monday. The Shanghai Metals Market index dropped to 154,434 yuan per metric ton, according to SMM. Prices for battery-grade material ranged between 145,000 and 166,000 yuan a ton, while industrial-grade traded slightly lower at 142,000 to 162,000 yuan, SMM noted. China’s top lithium carbonate futures contract wavered sharply in a 132,400-152,800 yuan band as upstream sellers stayed cautious and downstream buyers probed for cheaper deals.
National Silicon Industry Group (688126.SS) stock drops nearly 3% — what traders are watching in China’s wafer name

National Silicon Industry Group (688126.SS) stock drops nearly 3% — what traders are watching in China’s wafer name

Shanghai, Feb 2, 2026, 10:26 CST — Regular session Shares of National Silicon Industry Group’s Shanghai-listed Class A stock dropped 2.8% to 21.78 yuan by 10:26 a.m., down from yesterday’s close at 22.41 yuan. So far, the stock has traded between 21.61 and 22.26 yuan, according to Investing.com data.
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Stock Market Today

  • Japan Moves to Defend Yen, Spends $74 Billion as Dollar Stays Strong
    July 1, 2026, 2:31 AM EDT. Japan logged nearly $74 billion in currency intervention as the yen sank to a 40-year low against the dollar. The country's latest move comes as the Bank of Japan raised rates to 1%, but that's still nowhere near U.S. levels, and the dollar keeps the upper hand. Traders say Tokyo's solo efforts face tough odds with the Fed sticking to higher rates. Some say a joint response with the U.S. might help, but the yen's latest slide is more about the rallying dollar than doubt in Japan itself. The popular carry trade-borrowing yen to chase returns in the U.S.-adds to the pressure.
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