A number of fund managers have put forward their applications for the ChiNext Computing Power Infrastructure Index ETF and the ChiNext FinTech Index ETF products. Specifically, 10 managers have applied for the ChiNext Computing Power ETF, while 6 have applied for the ChiNext FinTech ETF. This move signifies a notable advancement in the development of industry-themed index products for the ChiNext board, heralding a fresh chapter in the construction of the "ChiNext Series" index and product portfolio. Both the ChiNext Computing Power Index and the FinTech Index carefully select 50 ChiNext-listed stocks as samples. These stocks are chosen based on their substantial market capitalizations and robust liquidity within their respective domains, encompassing leading firms in the relevant sub-sectors.

EGova (300075.SZ) has officially declared that its wholly-owned subsidiary, Zhengtong Zhisuan, is set to embark on a collaborative investment journey alongside Zhongshu Botong and Tianshu Zhisuan. Together, they aim to establish a joint venture with a total investment of 50 million yuan. Among them, Zhengtong Zhisuan will inject 20 million yuan, thereby securing a 40% stake in the venture. The primary objective of this joint venture is to channel funds into the construction of a cutting-edge computing power center project situated in Chicheng County, Zhangjiakou City, Hebei Province.

Amidst a broader industry move by telecom operators to phase out third-party online SIM card sales and curb internal competition, China Unicom's Hangzhou-based regional agents are grappling with significantly reduced commissions. Zhang Lei (a pseudonym), the head of Wo Zhilian Communication, a Hangzhou-based agent for China Unicom, revealed that starting from June this year, commissions for online and door-to-door direct sales channels in the Hangzhou region have seen a uniform reduction exceeding 40%. Furthermore, an additional 10% deduction has been imposed on direct sales teams.

US optical communication manufacturer Applied Optoelectronics (AAOI) surged over 14% in pre-market US stocks trading, currently priced at $142.712. The company released its second-quarter financial report, showing GAAP revenue of $192 million, up 86.31% year-on-year and 27% quarter-on-quarter. The company plans a significant expansion, expecting monthly production capacity of 800G and 1.6T to reach approximately 650,000 units by the end of the year, increasing to 930,000 units by the end of 2027.

According to reports, on August 7, Anudith Nakornthap, Thailand's Deputy Prime Minister and Minister of Finance, stated that the Thai government is considering requiring data centers to provide their own water and power supply, as those relying on the public power grid or municipal water supply may face higher water and power rates.

The tracking system based on the "Global Device Identifier" (GDID) embedded in Microsoft's Windows operating system has recently garnered significant attention. GDID is a persistent identifier at the device level that Microsoft employs to recognize individual Windows installations, and users are unable to deactivate it through standard settings. The cybersecurity and VPN service provider Windscribe has introduced a complimentary, open-source tool called deGDID, which it asserts can assist users in thoroughly removing GDID and stopping its reappearance. GDID is generated by the server once a user's device is initially linked to a Microsoft account. It is then stored in the local registry and monitored by several background services. Although GDID offers Microsoft ease in device management and service orchestration, its underlying privacy concerns have triggered widespread debate. At present, users do not have adequate means to manage how GDID is utilized.

On August 7, 2026, the Cyberspace Administration of China (CAC) publicly solicited opinions on the “Regulations on the Protection of Personal Information by Large-scale Personal Information Processors (Draft for Solicitation of Comments)”, with the deadline for feedback set for September 7, 2026. These regulations aim to standardize the personal information processing activities of large-scale personal information processors and protect the legitimate rights and interests related to personal information. The regulations require large-scale personal information processors to take measures such as encryption, de-identification, access control, and anonymization to ensure the security of personal information. They may utilize the public services for national online identity authentication and are encouraged to enhance protection levels by using data tagging technologies and obtaining personal information protection certifications. At the same time, they are encouraged to innovate in technologies, products, and services related to personal information protection, actively participate in the formulation of international standards and rules, and promote the coordination and mutual recognition of rules and standards.

Lenovo Kaitian and Tencent have jointly announced that WorkBuddy has successfully passed Lenovo Kaitian’s ‘Wujie’ compatibility solution and completed operational verification on its domestic terminals. Leveraging this solution, WorkBuddy can be seamlessly adapted and deployed without requiring secondary development. To date, the ‘Wujie’ solution has been tailored to support over 50,000 mainstream applications and 50,000 types of existing peripherals, establishing a comprehensive ecosystem that encompasses application identification, translation, driver adaptation, and deployment.

According to sources familiar with the matter, the UAE is planning to invest up to 1 trillion yen (approximately $6.3 billion) to build a 500-megawatt artificial intelligence data center in Akita Prefecture, Japan. Abu Dhabi's sovereign wealth fund, Mubadala Investment Company, will lead the investment, with participation from other domestic and foreign investors expected. Once completed, the data center is expected to become the largest in Japan. Including suppliers and companies interested in establishing operations nearby, the total project investment could reach 2 trillion yen. Additionally, a consortium of Japanese companies may be responsible for the construction of the data center and related infrastructure.

In July, a security vulnerability came to light within the Linux Kernel's KVM (Kernel-based Virtual Machine) component. This vulnerability enables users of virtual machines to break free from their isolated environments and gain unauthorized access to the host machine. For providers of VPS (Virtual Private Server) or cloud server hosting services, this flaw represents a substantial and imminent threat. Should the kernel not be promptly updated to address this issue, malicious actors could exploit the vulnerability to directly infiltrate the host machine, potentially causing widespread damage and data breaches.

The GEM Index experienced a notable uptick, climbing by over 1%. In contrast, the Shanghai Composite Index witnessed a slight dip, declining by 0.18%, while the Shenzhen Component Index registered a modest gain, rising by 0.61%. Leading the charge among the sectors were energy metals and computing hardware, which posted significant advances.

The underlying hardware that supports the operation of modern servers is becoming a new target for cyberattacks, with the Baseboard Management Controller (BMC) on the motherboard being a critical weakness. Security researchers report that tens of thousands of controllers in digital devices produced and delivered by mainstream server manufacturers over the years remain exposed on the public internet and corporate intranets. Due to severe and easily exploitable vulnerabilities, these servers face the risk of being fully controlled by attackers.

On Thursday, a report issued by Google's security researchers unveiled that a cohort of unidentified cyber attackers is setting their sights on prominent U.S. financial and investment entities. They are stealing confidential data and leveraging it for blackmail purposes. Among the affected organizations are illustrious private equity and financial corporations, including Apollo Global Management, Bain Capital, Blackstone Group, Bridgewater Associates, CME Group, KKR, Moody's, and TPG Capital.
The attackers initiate contact with employees via their personal mobile phones, masquerading as coworkers or IT support personnel. Through this ruse, they deceive their targets into inputting their login credentials and multi-factor authentication codes on counterfeit websites, thereby gaining unauthorized system access. Additionally, certain hacker factions manage websites to publicly showcase their 'achievements' and intimidate victims with data leakage threats unless ransom demands are met.
Google's researchers have indicated that these cyber onslaughts are still in progress and might be orchestrated by a larger, overarching group, designated by the codename UNC6671.

To solidify their leading position in the realm of artificial intelligence, political and business circles in the United States have been ramping up efforts to construct and expand data centers. Nevertheless, AI servers are notorious for their substantial electricity and water consumption. Alarmingly, many of these new projects are situated in regions already grappling with water scarcity, prompting widespread public skepticism (replacing 'doubts' for a more nuanced expression) and resistance. Surveys reveal that a staggering 71% of Americans are against the construction of AI data centers. Since 2023, over 300 states, cities, and counties across the U.S. have implemented bans or temporary halts on new data center developments. In the first quarter of 2026 alone, at least 75 data center projects, either under construction or in the planning phase nationwide, were either suspended or postponed, representing a total investment value of $130 billion. Residents' primary concerns revolve around four key areas: electricity usage, water resources, environmental impact, and the strain on living facilities. Moreover, the U.S. power infrastructure is aging, with over 70% of the core grid equipment having been in operation for more than 25 years. The transmission capacity margin of the power lines is critically inadequate, unable to handle the enormous influx of new computing power loads. In response to mounting public pressure, local governments in the U.S. have instituted multiple pre-approval review processes, encompassing grid capacity evaluations and water consumption audits.

Microsoft announced that its cloud region in Hyderabad, Telangana, India, has officially been activated. With this addition, Microsoft's cloud regions in India have increased to four, further expanding its hyperscale cloud infrastructure in the country. During the initial access phase, this region has already gained favor among Indian enterprise customers, such as Adani Group, Bajaj Finserv, HDFC Bank, and PB Pay.

By Beijing time on August 6, 2026, the North American Technology Software Stock Index ETF had seen its decline narrow to 1.9%, trading temporarily at $99.39, after an initial drop exceeding 3.65% to $97.61. Focusing on individual stocks, Datadog's shares plummeted by 14.6%, settling at $241.71, with a low point of $225.26; HubSpot witnessed a 19.9% decrease, ending at $200.38, after hitting a low of $185.05; Figma's stock dropped 17.4%, closing at $23.25, with its nadir at $22.14. Conversely, Snowflake bucked the trend, rising by 1.2% to $320.57, following an initial dip to $304.39.

Regulatory bodies have once again underscored the prohibition against wealth management subsidiaries engaging in improper valuation methods through partner institutions as a means to manipulate the yields of asset management products. This initiative is designed to encourage the wealth management sector to embrace authentic net value management principles and transition towards sustainable, long-term growth. Concurrently, local regulatory agencies have mandated certain trust companies to undertake self-assessments concerning valuation management practices in their collaborative bond investment endeavors with wealth management firms. Furthermore, these authorities have clarified that wealth management products intended for non-institutional investors are strictly prohibited from directly or indirectly investing in non-performing assets or their associated securities, thereby alerting some wealth management entities to the potential risks involved.

Alibaba Cloud has officially rolled out the public beta phase for its cutting-edge video generation model, Wan3.0. This innovative model is capable of producing videos of up to 30 seconds in length in one go. Notably, it introduces, for the first time, compatibility with a variety of document formats—including doc, xls, ppt, pdf, and md—as input sources, transcending the conventional four fundamental modalities of text, image, audio, and video. As of today, users are invited to join the public beta testing on Alibaba Cloud's official platforms: BaiLian, WanJing YiKe, WanXiang, as well as the QianWen creation platform accessible via PC. The model will also be progressively introduced on the QianWen APP. Wan3.0 provides API services in three distinct resolutions: 480P, 720P, and 1080P, with pricing set at 0.3 yuan, 0.6 yuan, and 1.2 yuan per second, respectively. The API interfaces are anticipated to be fully accessible to the public in the near future.

On July 30, under the guidance of the Information and Communication Development Department of the Ministry of Industry and Information Technology, China's IMT-2030 (6G) Promotion Group officially established the Satellite-Terrestrial Integration (NTN) Working Group in Beijing. NTN is a network system that utilizes non-terrestrial facilities such as satellites to provide communication coverage. The working group will coordinate the advancement of 6G satellite-terrestrial integrated network deployment, promote the integrated development of satellite communications and terrestrial mobile communications, and be responsible for technical organization coordination and industry promotion, covering multiple technical directions. In terms of organizational structure, the China Academy of Information and Communications Technology serves as the lead unit, with several enterprises acting as deputy lead units, and the initial members cover the entire industrial chain. At the inaugural meeting, representatives exchanged views on relevant directions, believing that satellite-terrestrial integration is an important development direction for 6G, necessitating strengthened top-level design and cross-sectoral collaboration. In the future, the working group will carry out its work in three aspects: key technology research, experimental verification capability building, and industrial chain collaboration, relying on the platform to foster industry consensus and deepen collaborative innovation among industry, academia, research, and application.

Xingyun Technology has issued an announcement on its investor relations activity record sheet. By the end of July 2026, the total value of its long-term framework orders for computing power and storage, with contract durations spanning 3-5 years, had exceeded 15.404 billion yuan. The company's roster of cooperative clients includes leading listed companies of central state-owned enterprises and large-scale model R&D institutions. In July 2026, the company witnessed price hikes and quantity expansions in three of its core orders, initiated by the customers themselves. Specifically, the order value from a prominent large-scale model customer surged by over 201%, with the computing power capacity doubling. For central state-owned enterprise customers, the rental fees rose by 79%. The remaining orders saw an overall price increase of 13.5%, with all price adjustments taking effect after the delivery and acceptance of the initial batch of equipment. In the latter half of 2026, the first batch of deliveries to Customer V has been successfully completed, accepted, and the leasing period has commenced. Deliveries to the other two customers are anticipated to be finalized, accepted, and revenue recognized in August, with some Token revenue sharing projected within the same year. The company's key long-term orders adhere to a standardized model of monthly delivery, payment collection, and revenue recognition. At present, the company has secured a total comprehensive credit line approval of 18.024 billion yuan, with 10.264 billion yuan already approved.