US July Employment Report Released... BYD and DeepSeek Unveil New Technologies

The release of US July employment indicators and the unveiling of new technologies by Chinese AI and robotics firms have been identified as major variables for the Chinese stock market this week. Chinese securities and economic media outlets cited US-China July economic indicators and AI, robotics, and aerospace issues as key market variables from August 3 to 9.

The US July employment report, which will determine the market's interest rate trajectory, is set to be released on August 7 (local time). Non-farm payroll employment is expected to increase by 91,000, with the unemployment rate forecast at 4.3%. China will release its July Consumer Price Index (CPI) and Producer Price Index (PPI) on August 9. This is expected to serve as a test to gauge price trends following the recent Politburo meeting.

Regarding corporate earnings, SpaceX (SPCX) will announce its first-quarter financial results after the market closes on August 4 (local time), and its lock-up period will expire on August 6. BYD plans to unveil a humanoid robot in early August. Unitree (宇树科技) will conduct institutional book-building on August 5 as part of its listing process.

Competition in the artificial intelligence (AI) sector has also intensified. DeepSeek has begun public testing of the official version of its new large language model (LLM), 'DeepSeek-V4-Flash,' and is also releasing the official version of its premium model, 'DeepSeek-V4-Pro.'

Core macroeconomic indicators that provide insight into the direction of US interest rate policy, along with corporate earnings news involving new technologies and product launches, are expected to significantly impact investor sentiment in the Chinese stock market and supply-and-demand trends across sectors.