, despite China's strong opposition, arrived in Taiwan on the evening of August 2 and left Taiwan on the afternoon of the 3rd, but the matter was not over.
According to CCTV News, on August 3, the Wenzhou Municipal State Security Bureau of Zhejiang Province carried out criminal detention and review of Yang Zhiyuan, a criminal suspect who had been engaged in "Taiwan independence" separatist activities for a long time and suspected of endangering national security. This matter has reached the top spot in the hot search of Baidu .
In terms of the market, the peripheral area is actually not as calm as imagined. On Wednesday (August 3), the trillion-dollar chip giant AMD burst into a big thunder, and its stock price fell by nearly 6% before the market trading. Previously, the company's financial report released was mixed. Although the second-quarter results met expectations, the third-quarter guidance was inferior to market expectations. The flowering period also lowered the stock's target price.
In addition, Brad, the "Hawk King" of the Federal Reserve system, made harsh words. He said that the interest rate should be adjusted to 3.75%-4% this year, and he prefers to raise in advance. Over time, U.S. inflation will return to 2%. However, this move did not affect the pre-market trend of US stocks. So, what signal does this send?
Guoan took action, and Taiwan independence elements were criminally detained
According to CCTV News, on August 3, the Wenzhou Municipal State Security Bureau of Zhejiang Province carried out criminal detention and review of Yang Zhiyuan, a criminal suspect who had been engaged in "Taiwan independence" separatist activities for a long time and suspected of endangering national security.
Yang Zhiyuan, male, born on January 21, 1990, from Taichung, Taiwan Province. Yang Zhiyuan has long advocated the concept of "Taiwan independence" and colluded with others to establish the illegal "Taiwan independence" organization "Taiwan National Party", with the goal of "promoting Taiwan to become a sovereign and independent country and joining United Nations ", clamoring for "referendum to build a country", implementing the "urgent independence" line in a high-profile manner, planning and implementing "Taiwan independence" separatist activities, suspected of separatist crimes and inciting separatist crimes.
In recent times, a very small number of "Taiwan independence" diehard elements have colluded with external forces, tried their best to split the country, incite cross-strait confrontation, openly provoked national sovereignty and territorial integrity, openly provoked national legal dignity, seriously endangered peace and stability in the Taiwan Strait, and seriously damaged the common interests of compatriots on both sides of the strait and the fundamental interests of the Chinese nation. The law net is vast and unobstructed. The state security organs will resolutely use legal weapons such as the Anti-Secession Law and the National Security Law to severely punish and not lend money in accordance with the law for the "Taiwan independence" separatist forces seeking "independence" and refusing unification and undermining peace.
South Korea: The president has not been arranged to meet with Pelosi
According to the Global Network , citing South Korea's " East Asia Daily " report on August 3, despite China's strong opposition, Pelosi, the Speaker of the US House of Representatives, who arrived in Taiwan on the evening of August 2, left Taiwan on the afternoon of the 3rd and will fly to South Korea for a visit. South Korean Presidential Office people said at a press conference on the morning of the 3rd that because Pelosi's visit to South Korea overlaps with the vacation of South Korean President Yoon Seo-yeol, the meeting between the two sides was not arranged.
reported that at a press conference held at the Longshan Presidential Palace that morning, relevant personnel from the South Korean Presidential Palace said that they "welcome" Pelosi to South Korea and hope to achieve more results through consultations between the two countries' speakers on the 4th. He also added: "The South Korean government's position is that it will maintain close communication with relevant countries in the region on various outstanding issues in accordance with the need to achieve regional peace and stability through dialogue and cooperation."
South Korean Presidential Office also stated that during Pelosi's visit to South Korea, there will be no schedule for meeting with South Korean President Yoon Seo-hyuk. The South Korean Presidential Office explained that "Because Pelosi's visit to South Korea overlaps with the leave of South Korean President Yoon Seok-yeol, the meeting between the two sides is not arranged." "Yong Seok-yeol is undergoing her first summer vacation since taking office from the 1st to the 5th of this month." Relevant sources in the South Korean Presidential Office also said that "other officials in the Presidential Office have no arrangements for separate interviews with Pelosi."
The East Asian Ilbo said that when Pelosi visited South Korea in 2015, he met with then South Korean President Park Geun-hye, then Foreign Minister Yoon Byung-se and then Speaker of the State Council, Zheng Yihe. But this time, Pelosi not only failed to meet Yoon Seok-yeol, but also could not meet with South Korean Foreign Minister Park Jin.At present, Park Jin has gone to Cambodia to participate in the series of foreign ministers' meetings for East Asia Cooperation.
US chip giants burst, A50 night trading strengthened again
market, the outside world is not calm. AMD, the US stock market value exceeds US$160 billion (equivalent to RMB over one trillion), made a big splash, and its stock price once fell by more than 6% before the market.
On August 2 local time, a financial report released by chip giant Chaowei Semiconductor (AMD) showed that the company's second-quarter revenue was US$6.55 billion, a 70% increase from US$3.85 billion in the same period last year; net profit was US$447 million, a 37% decrease from US$710 million in the same period last year. AMD expects revenue of US$6.5 billion to US$6.9 billion in the third quarter, and its annual revenue is approximately US$26 billion to US$26.6 billion.
For the third quarter, AMD expects median revenue to be below the market consensus estimate of $6.81 billion. AMD also expects adjusted gross margin of 54%, again below the expected 54.2%. Both big data are lower than the expectations of Wall Street .
AMD CEO Su Zifeng said at the financial report meeting that although the company's laptop sales grew rapidly in the second quarter, the company was not optimistic about PC demand in the third quarter. Last week, Intel 's second-quarter PC chip revenue was also very ugly. After its performance was announced, its stock price fell by more than 8%.
Citi lowered AMD's target price from $110 to $96, but said that "once the clouds clear", his views on AMD will become more optimistic.
also worth mentioning also the views of Federal Reserve "Eagle King" Brad. "I hope the policy rate will reach 3.75% to 4% this year," St. Louis Fed President James Brad said on Tuesday, reiterating his remarks in mid-July. Last month, the Federal Reserve raised interest rates by 75 basis points for the second consecutive time, and the current interest rate is in the range of 2.25% to 2.50%. The expected target for the year is 3.5%.
In the audience Q&A session after he delivered a speech at an event in New York, he said that short-term inflation expectations are higher, medium-term inflation expectations are lower, and nominal effects lead to inverted yield curves. Brad said that the soft landing of central bank hikes to curb inflation without curbing economic growth does not require gradualism, "you have to enter more restrictive areas."
Brad also said that the US economic recession will not occur, and he expects the growth rate of GDP (GDP) in the second half of the year will be higher than that in the first half of the year.
Despite this, the impact on the US stock market is not much. After the overnight sell-off, the index still had a significant increase in before the market. What is more interesting is that on Wednesday, the A-share . After the plunged in the afternoon, the A50 night trading strengthened again, and the performance of the RMB was not weak. If the peripheral market stabilizes at this moment, it may help the market stabilize on Thursday.
Editor: Lingen
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