- The earliest use of purple pigments by humans dates back to the Neolithic Age. Around 20,000 years ago, in and around Pechmel, France, people left the Outlines of their own hands with manganese minerals.
- As von Hofmann's assistant, Perkin wanted to impress his teacher, and he wanted to see if he could synthesize quinine. He failed.
- Phthalocyanine dyes are large cyclic aromatic compounds containing benzene and nitrogen atoms that have a dark color, usually between blue and green.
- To create the first true purple pigment cobalt violet. Cobalt violet was followed by manganese violet, and in the 20th century, quinacridone pigments opened up a whole new spectrum of purple.
- This week, four new indices, including the STAR 200 Index, will be released, enhancing the index system of the STAR Market. Meanwhile, the State Grid is accelerating the preliminary planning of the '15th Five-Year Plan' power grid and the construction of intelligent grid infrastructure.
- China's economy showed steady progress in July, with industrial sales revenue increasing by 6% year-on-year. High-tech industries saw a 13.3% growth. Additionally, the first all-cargo route from Urumqi, China to southwest England in the UK was launched, expanding international freight channels.
- US monetary market funds reached a record high of $6.22 trillion, driven by investor flight to quality assets. Strong retail sales data led to a positive opening for US stocks, with the Dow, S&P 500, and Nasdaq all gaining. Meanwhile, concerns over employment are growing, and the Fed is expected to focus on the labor market.
- China's largest natural gas storage facility set a record for daily injection, while the bond market shows continued confidence despite recent corrections. The State Administration of Financial Supervision is focusing on risk prevention in key areas, and Shenzhen is promoting high-level opening up through foreign trade and economic cooperation.
- China's new home sales in 50 cities have shown a narrowing year-on-year decline for five consecutive months, indicating market stabilization. Meanwhile, the US Producer Price Index (PPI) rose less than expected in July, highlighting easing inflationary pressures.
- The MSCI China Flagship Index includes Huaneng Hydropower while excluding 60 stocks. Gold prices hit a near-record high, driven by safe-haven demand. OPEC+ output exceeded targets in July, with Russia and other countries surpassing their quotas.
- The bond market continues to release strong regulatory signals, leading to a decline in bond prices and rising yields. Many car companies have reduced preferential margins and production to stabilize the price system. The Chinese government is accelerating the coordination of digital and green transformation and strengthening the clean and efficient utilization of fossil energy.
- In July 2024, new energy vehicle sales in China surpassed those of conventional fuel vehicles for the first time, marking a significant shift in the automotive market. Meanwhile, the probability of a 50 basis point rate cut by the Federal Reserve in September reached 56.5%, reflecting growing economic uncertainties.
- China's economy is at a critical juncture for integrating ESG concepts, according to KPMG. Meanwhile, Taobao confirms a real rocket launch event for 88VIP members, and JPMorgan raises the probability of a U.S. recession to 35% by year-end.
- At the beginning of August, China's market liquidity remained reasonable and abundant, with the central bank receiving more than one trillion yuan in four trading days. The US trade deficit narrowed in June as exports rebounded, and oil prices recovered after a global market sell-off.
- China's domestic consumption is being boosted through coordinated supply and demand efforts, increased consumer credit support, and the issuance of consumption vouchers. Meanwhile, international crude prices and the exchange rate of RMB to USD show fluctuations. The Bank of Japan raised interest rates, leading to yen appreciation and impacting stock index futures. The US 2-year and 10-year treasury yields have ended their inverted situation, and Libya's largest oil field has completely stopped production due to political issues.