- MSCI announced the results of its quarterly review, adding 33 stocks and removing 32 stocks from the MSCI China Index.
- Key additions to the index include companies such as Z.AI and KINGBOARD HLDG, while notable removals feature GCL TECH and KINGDEE INT'L.
- The index adjustments are scheduled to take effect after the market close on August 31.
- Indonesia's second-quarter GDP grew by 5.29% year-on-year, slowing to a three-year low but still exceeding expectations.
- Government expenditure surged by 15.97% and investment accelerated to 6.87%, while household consumption growth moderated to 5.06%.
- The economy faces ongoing pressures from high energy prices, currency depreciation, and a potential loss of market confidence regarding fiscal stability.