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After reviewing 35 years of A-share trends, what will happen after the Shanghai Composite Index reaches a ten-year high?

Jin10 data reported on August 15, recently the A-shares have been strong, with the Shanghai Composite Index reaching a week-high of 3704.77 points, approaching the high of 3731.69 points on February 18, 2021. This high point is also the highest since August 21, 2015, and can be considered an important peak in nearly a decade. According to research, the Shanghai Composite Index has only broken through the ten-year high twice in history, occurring in 2000 and 2006. Before these two breakthroughs, the trading volume had reached a historical high in advance, and after the breakthroughs, it maintained a medium to long-term rise. (Everyday)
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The total market capitalization of the Shanghai and Shenzhen stock markets reached 98.23 trillion yuan.

Jin10 data reported on August 15: As of August 15, 2025, the total market capitalization of stocks on the Shanghai Stock Exchange is 593110.7 billion yuan, and the total market capitalization of stocks on the Shenzhen Stock Exchange reaches 389155.61 billion yuan, with the total market capitalization of stocks in both markets amounting to 982266.31 billion yuan.
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Sankeshu: Waterproof coating sales revenue of 586 million yuan in the first half of 2025

According to the announcement from San Ke Shu, the operating revenue for the first half of 2025 was 581,602.82 thousand yuan, of which the sales revenue from waterproof coatings was 58,601.68 thousand yuan. The sales revenue from home decoration wall paint decreased by 55.20% compared to the same period last year, but after excluding the impact, the overall sales volume rose by 13.45%.
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Weichuang Electric: GS20 series frequency converters for data center cooling circulation water pumps.

On August 15, Jin10 reported that Weichuang Electric stated on the interactive platform that the GS20 series frequency converter for pumps is equipped with multi-pump control functions and independent pump-specific PID functions, making it suitable for data center cooling circulation pumps. It also features a permanent magnet synchronous motor, which reduces noise by 5-10 decibels compared to asynchronous systems. The intelligent multi-pump control makes the system more energy-efficient and stable.
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The Israeli military claims to have killed a senior Hamas commander in southern Gaza.

Jin10 Data reported on August 15 that the Israeli military released the latest situation report on the 15th, stating that the Israel Defense Forces launched an attack in the Khan Younis area of southern Gaza, killing Nasser Moussa, the head of Hamas's military control forces and a member of the Hamas Rafah Brigade. The military indicated that the attack occurred on August 9 and was carried out by aircraft targeting the objective. Moussa served as the head of Hamas's "control department," responsible for the readiness and drills of armed personnel, and also held positions in intelligence and surveillance within the Rafah Brigade.
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Experts: There is every reason to worry that Trump may reach a protocol sacrificing Ukraine with Putin.

Jin10 data reported on August 15, when Trump and Putin met in Helsinki in 2018, their close interaction shocked allies. Today, the two will meet again, and the world is closely following whether Trump will show a tough stance or once again appease Putin. Dan Fried, a diplomat who has served multiple U.S. administrations, stated that there is every reason to be concerned that Trump could be deceived by Putin into reaching a bad deal at the expense of Ukraine. Another possibility is that the White House will eventually realize that Putin is still toying with them. The Trump administration is trying to lower external expectations; White House Press Secretary stated on Tuesday that this meeting is merely for "listening to opinions." Russia has shown no signs of concessions, and Ukraine is worried that Trump will bypass them in negotiations. Nicholas from the Center for Strategic and International Studies pointed out that last week Trump imposed a 25% tariff on Indian purchases of Russian oil, indirectly putting pressure on Moscow, but has yet to fulfill threats of harsher sanctions. Currently, the deadline for sanctions promised by Trump has been repeatedly postponed.
TRUMP-3.33%
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Barclays: If the Russia-U.S. summit makes progress, the euro and currencies of Central and Eastern Europe will rise.

Jin10 data, August 15 - Barclays analysts said in a report that if the Russia-U.S. summit makes substantial progress in resolving the Russia-Ukraine conflict, the euro and Central and Eastern European currencies could strengthen. They stated that the euro, Hungarian forint, Polish zloty, and Czech koruna would benefit the most from any Favourable Information, as these currencies are very sensitive to oil supply shocks and the Central and Eastern European region is close to the conflict area. In contrast, due to the safe-haven status of the Swiss franc, if progress is made towards a ceasefire, the Swiss franc may fall. The Norwegian krone and Brazilian real may also come under pressure due to their identification as oil-producing countries.
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U.S. Treasury yields edged lower on Friday as the market awaits economic data for direction.

Jin10 data August 15 news, On Friday, U.S. Treasury yields fell slightly, and the bond market showed initial signs of recovery. Data released on Thursday showed that U.S. producer prices in July rose far more than expected, leading to a sharp increase in yields, which reignited inflation concerns and weakened the likelihood of a Fed rate cut in September. However, market sentiment may change again. The U.S. economic data released on Friday - including retail sales data and the University of Michigan consumer sentiment survey - may highlight the fragility of the U.S. economy, thereby reshaping rate cut expectations.
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Trader: The Hong Kong Monetary Authority's intervention triggered some Hong Kong dollar trap positions to Close Position.

Jin10 data reported on August 15th, according to two traders familiar with the trading situation, as the Hong Kong Monetary Authority's intervention tightened market liquidity, some investors have closed their shorting carry trades on the Hong Kong dollar since Thursday. They stated that the Close Position of long positions in USD/HKD led to a fall in the spot price of USD/HKD.
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Old Store Gold: Price adjustment for products will take place on August 25.

Jin10 Data reported on August 15 that Laopu Gold has announced a price adjustment notice, which will take effect on August 25, 2025. The details of the product price adjustment are subject to the actual marked prices of products in online and offline stores.
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Wang Qing: The Central Bank may implement further reserve requirement ratio cuts and interest rate reductions around the beginning of the fourth quarter.

Jin10 data reported on August 15, Chief Macro Analyst Wang Qing from Dongfang Jincheng stated that in August, the Central Bank will continue to inject medium-term Liquidity through MLF and reverse repos. He also expects that the Central Bank may implement further reserve requirement ratio and interest rate cuts around the beginning of the fourth quarter.
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TrendForce: The global LED lighting market demand will be under pressure in 2025, with smart and high value-added products becoming the highlights of the rise.

The TrendForce report shows that the LED lighting market did not recover as expected in the first half of 2025, with overall scale contraction and weak demand; however, new products such as high-efficiency and smart lighting performed well, bringing revenue rise to some manufacturers.
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The Hong Kong Securities and Futures Commission clarifies robust custody standards for virtual asset trading platforms to ensure the asset security of clients' virtual assets.

The Hong Kong Securities and Futures Commission issued a circular clarifying the custody requirements for virtual asset trading platforms, covering management responsibilities, Cold Wallet infrastructure, third-party Wallet applications, and threat monitoring, promoting the establishment of an effective virtual asset custody framework.
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Putin inspected the Far East before going to Alaska.

Jin10 data reported on August 15, Russian President Putin and U.S. President Trump will meet in Anchorage, the largest city in Alaska, on local time August 15. According to RIA Novosti, Putin flew to the Far Eastern region of Magadan before meeting Trump in Alaska. Russian presidential press secretary Peskov stated that Putin will inspect local industrial enterprises and hold meetings with the governor. After staying in Magadan for several hours, Putin plans to fly to Anchorage.
TRUMP-3.33%
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Tencent Cloud announces the launch of CloudBase AI CLI, which can reduce coding by 80%.

Jin10 Data reported on August 15 that Tencent Cloud announced the upgrade of its previously launched CloudBase AI ToolKit to CloudBase AI CLI - the first AI CLI unified management tool deeply integrated with the cloud development platform, supporting developers to schedule previously separately configured AI CLI tools (such as Claude) in the command line through natural language.
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Institution: Do not expect that a Fed rate cut will drop the 10-year Treasury yield.

Research shows that a rate cut by the Fed may not necessarily lead to a decline in the 10-year U.S. Treasury yield, especially when the economy is not in recession. Although signs of a weakening U.S. economy are appearing, the market has not yet shown signs of recession. Investors generally expect the Fed to cut rates in September, but this may result in the yield on U.S. Treasuries remaining unchanged.
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TRUMP-3.33%
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The Los Angeles Olympics will sell the naming rights to some venues for the first time.

Jin10 reported on August 15 that on August 14 local time, it was learned that the 2028 Los Angeles Olympics will sell naming rights for some competition venues for the first time to increase commercial revenue. Up to 19 temporary venues are expected to have naming rights available for sale. This move breaks the Olympic tradition of prohibiting the use of brand names in sports venues. However, the regulation prohibiting advertising at Olympic competition venues will still apply.
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The Houthi armed forces condemn Israel's atrocities in Gaza and the West Bank.

Jin10 data reported on August 15, local time on August 14, that Abdul-Malik al-Houthi, the leader of the Houthi armed group in Yemen, delivered a televised speech, severely condemning the atrocities committed by Israel against Palestinians in Gaza and the West Bank, and stated that military actions against Israel would continue in support of Palestine. Abdul-Malik al-Houthi claimed that Israel was deliberately creating famine and malnutrition in the Gaza Strip, and was committing genocide against the people of Gaza by any means necessary. In the past week, Israel has caused approximately 3,500 casualties in Gaza, including many who came for aid supplies. He also condemned Israel's plans to occupy Gaza and its ambitions to annex the West Bank.
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The UN Secretary-General calls for Israel to immediately stop advancing the "E1 area" settlement plan.

Jin10 Data reported on August 15 that UN Secretary-General António Guterres' spokesperson Stéphane Dujarric issued a media statement on the 14th, stating that Guterres calls on the Israeli government to immediately stop plans to advance the construction of settlements in the "E1 area" of the West Bank. The statement said that the UN's position is very clear: the settlements established and maintained by Israel in the West Bank, including East Jerusalem, violate international law. The settlements further entrench the occupation, exacerbate tensions, and systematically undermine the viability of a Palestinian state as part of a "two-state solution."
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