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Fund Managers Adjust Holdings in Listed Stocks, ETNet Reports

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Asset managers including BlackRock, Harvest International, IDG Fund II, Pzena Investment Management, E Fund, Fullgoal Fund Management, Allianz Global Investors and JPMorgan updated their holdings in a group of listed companies, according to ETNet, with data drawn from HKEX disclosures.

BlackRock increased its long positions in Hengrui Medicine by 550,000 shares and in Nifco by 2.48 million shares as of 27 August 2026.

Harvest International trimmed its stake in Eco Environmental Investments.

IDG Fund II reduced its holding in Easy Health.

Pzena Investment Management added to its position in China Overseas.

E Fund cut positions in China International Capital Corporation and Everbright Securities.

Fullgoal Fund Management increased its holding in Biocytogen.

Allianz Global Investors raised its stake in Hanyu Group.

JPMorgan increased holdings in Jiangxi Copper and in China International Capital Corporation.

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G20 Highlights Digital Assets and Cross-Border Payment Improvements

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Fox Business’ crypto correspondent on X reported that the G20 chair statement, issued today by U.S. Treasury Secretary Scott Bessent, mentions digital assets.

Odaily quotes the document as indicating that finance ministers and central bank governors from the world’s 20 largest economies see digital assets as having the potential to support economic growth and have pledged to chart a clear path for responsible innovation.

The statement also calls for improvements to cross-border payments, including longer operating hours for the payment rails used to process large or time-sensitive transactions, broader adoption of the ISO 20022 standard, and simpler procedures for transferring financial services data across borders.

G20 members are awaiting the Financial Stability Board’s findings on the global cross-border impact of stablecoins.

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Bond Move Signals Tighter Rates Ahead, NYLIM Strategist Says

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In remarks cited by Bloomberg, Julia Hermann, global market strategist at New York Life Investment Management, said the recent bond moves signal to equity investors that rate dynamics warrant close attention.

She expects a tighter-rate environment over the next several months, with pressure potentially arising from the front end of the curve as the Fed tightens, or from the long end through further Treasury selling and higher long-term yields.

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Iranian State Media Reports U.S. Strike Near Sirik Killed Two Civilians

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Sina Finance, quoting a security official from Hormozgan province, reported that a U.S. strike near Sirik killed two people and wounded several others.

The report says the attack struck a residential building during a wedding, with about 20 people hospitalized across the province.

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GoPro to Merge with Starman Optical in $285 Million Deal

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GoPro has agreed to a definitive merger with private photonics company Starman Optical, aiming to expand into AI data centers and defense markets.

The transaction calls for a $285 million cash payment, or $1.14 per share, and GoPro’s stock will remain listed on the Nasdaq.

GoPro’s leadership describes the deal as a path to growth across consumer, commercial and defense markets as an American imaging and optical solutions company focused on cameras, optics and AI infrastructure.

Shares rose about 38% following the announcement.

The company also said that about $92 million of debt will be repaid when the deal closes, and it will continue supporting its consumer products, subscription and cloud platform while investing in a broader product roadmap.

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