#tech #Linux #KDE #tiling
KDE's window manager learned from Microsoft... before Windows did
Microsoft should have built FancyZones into Windows 11 years ago... so KDE did it on Linux first, and it's fantastic.João Carrasqueira (XDA)
Shot on Sony A7 II / 50 mm / f/1.2 / ISO 100 / 1/6.400 s
Disclosure of generative AI use:
None
#photography #photo #sony #sonyalpha #landscape #landscapephotography #village #villagephotography #architecture #architecturalphotography #townview #urbanscape #scenicview #nature #natur #natura #paisaje #paysage #paesaggio #dorf #villageview #travelphotography #travelgram #fineartphotography #fotografie #photographie #fotografiakunst #artefotografico #fotografiadepaisajes #stadtansicht #townscape #countryside #countrysidephotography #ruralphotography #rural #landscapelovers #naturephotography #naturelovers #architektur #architettura #historicarchitecture #historicalbuildings #windowview #fromabove #aerialview #birdseyeview
++ Macron, 'precondizioni Mosca immorali,illegali,impossibili ++ - Ultima ora - Ansa.it
https://www.ansa.it/sito/notizie/topnews/2025/09/04/-macron-precondizioni-mosca-immoraliillegaliimpossibili-_6b15b815-2f4d-49e6-854e-5e1eb46746ad.html?utm_source=flipboard&utm_medium=activitypub
Pubblicato su ANSA Ultima ora @ansa-ultima-ora-AgenziaAnsa
++ Macron, 'precondizioni Mosca immorali,illegali,impossibili ++ - Ultima ora - Ansa.it
"Il problema è Mosca e questa sua guerra di aggressione": lo ha detto il presidente francese, Emmanuel Macron, al termine della riunione dei Volenterosi a Parigi, al fianco di Volodymyr Zelensky. (ANSA)Agenzia ANSA
Trump ai leader europei, stop all' acquisto petrolio russo - Ultima ora - Ansa.it
https://www.ansa.it/sito/notizie/topnews/2025/09/04/trump-ai-leader-europei-stop-all-acquisto-petrolio-russo_9d96b228-8234-4015-ba64-95f8a51230d6.html?utm_source=flipboard&utm_medium=activitypub
Pubblicato su ANSA Ultima ora @ansa-ultima-ora-AgenziaAnsa
Trump ai leader europei, stop all' acquisto petrolio russo - Ultima ora - Ansa.it
Donald Trump ha detto ai leader europei che l'Europa deve smettere di acquistare petrolio russo che, a suo dire, sta aiutando Mosca a finanziare la sua guerra contro l'Ucraina: lo riferisce la Reuters sul suo sito citando un funzionario della Casa Bi…Agenzia ANSA
ibestuur.nl/artikel/de-vier-po…
Nommer les naufragés en Méditerranée
monde-diplomatique.fr/2025/09/…
"Année après année, des milliers de migrants meurent noyés en essayant de gagner l'Europe. Au nom de la dignité humaine, quelques rares initiatives médico-légales italiennes tentent de leur rendre justice en les identifiant pour informer leurs familles. Mais ce processus demeure incertain, car la (...)
/ Méditerranée, Immigrés, Migrations - 2025/09"
Nommer les naufragés en Méditerranée
Année après année, des milliers de migrants meurent noyés en essayant de gagner l’Europe. Au nom de la dignité humaine, quelques rares initiatives médico-légales italiennes tentent de leur rendre justice en les identifiant pour informer leurs famille…Paolo Valenti (Le Monde diplomatique)
Related, in the other direction, some servers offer to redirect one to your server..others (older software,.I assume) do not. Either way, it needs less friction. #Mastodon
Since I was a kid, I've always wondered how people could have let the Nazis do it... now I know : « #Google’s $45 million contract to spread #Netanyahu's #propaganda »
(all sources in the article)
› jackpoulson.substack.com/p/goo…
#BigTech #GAFAM #Colonialism #Fascism #Palestine #FreePalestine
Google’s $45 million contract to spread Netanyahu's propaganda
Google is in the middle of a six-month, $45 million propaganda contract with Netanyahu’s office and was described as a “key entity” supporting Israel's messaging.Jack Poulson (All-Source Intelligence)
Aleca reshared this.
Milanese da giugno fermato in Burkina Faso, liberato - Ultima ora - Ansa.it
https://www.ansa.it/sito/notizie/topnews/2025/09/04/milanese-da-giugno-fermato-in-burkina-faso-liberato_d5f23421-c9c3-46d9-9db2-902c9a21bb3b.html?utm_source=flipboard&utm_medium=activitypub
Pubblicato su ANSA Ultima ora @ansa-ultima-ora-AgenziaAnsa
Milanese da giugno fermato in Burkina Faso, liberato - Ultima ora - Ansa.it
Un italiano di 23 anni originario di Milano, Luca Scarpato, fermato lo scorso 11 giugno dalle autorità del Burkina Faso nella capitale Ouagadougou perchè sospettato di appartenere ad un gruppo paramilitare, è stato rilasciato oggi e consegnato ad un …Agenzia ANSA
Ribera, il genocidio a Gaza evidenzia il fallimento Ue - Ultima ora - Ansa.it
https://www.ansa.it/sito/notizie/topnews/2025/09/04/ribera-il-genocidio-a-gaza-evidenzia-il-fallimento-ue_c4101afd-7e73-4359-8be1-e7fd783f7871.html?utm_source=flipboard&utm_medium=activitypub
Pubblicato su ANSA Ultima ora @ansa-ultima-ora-AgenziaAnsa
Ribera, il genocidio a Gaza evidenzia il fallimento Ue - Ultima ora - Ansa.it
"Il genocidio a Gaza mette in luce il fallimento dell'Europa nell'agire e nel parlare con una sola voce, nonostante le proteste si diffondano nelle città europee e 14 membri del Consiglio di sicurezza delle Nazioni Unite abbiano chiesto un cessate il…Agenzia ANSA
@news
eunews.it/2025/09/04/italia-pe…
Eurostat valuta come e quanto i Paesi Ue stanno centrando l'obiettivo di sviluppo sostenibile dedicato all'istruzione di qualità, e per il Paese la storia cambia in negativo: solo la Romania peggio degli italiani
Italia penultima per conseguimento laurea, e la situazione peggiora
Quandi si parla di laurea per il Paese la storia cambia in negativo: solo la Romania peggio degli italiani, rileva EurostatRenato Giannetti (Eunews)
Nel summit, i leader di #Cina #Russia e #India hanno mostrato un'immagine di unità e collaborazione, discutendo anche la situazione in #Ucraina e proponendo una nuova visione per un ordine globale alternativo dominato dal Global South, in contrapposizione all'influenza degli #USA. Durante l'incontro, #Xi ha sottolineato la necessità di un nuovo quadro di sicurezza e economico globale, mentre #Modi e #Putin hanno rafforzato i legami strategici tra i loro paesi.
RFK Jr. makes crystal clear to the CDC mutineers: The restoration of public trust 'won't stop'
Establishmentarians' worst fears are being realized at the Centers for Disease Control and Prevention: Health and Human Services Secretary Robert F. Kennedy Jr. is putting Americans' health first, challenging the failed status quo, and threatening Big Pharma's apparent influence over the agency.
While there now appears to be a sizeable mutiny under way at the CDC, Kennedy has made one thing crystal clear: He's not backing down.
Frustration with Kennedy has been mounting among medical establishmentarians for months.
'Once RFK provides the other side of the story, there is no turning back for a significant portion of the country.'
There has, for instance, been a great deal of pearl-clutching over his termination of the Biden appointees on the Advisory Committee on Immunization Practices whose coziness with pharmaceutical companies prompted questions about their vaccine recommendations; his removal of the COVID vaccine from the CDC's recommended vaccine schedule for healthy pregnant women and children; and his cancellation of mRNA vaccine development contracts.
This shake-up at the CDC continued last week with the White House's ouster of Susan Monarez as director — a removal her attorneys claimed was the result of her supposed refusal "to rubber-stamp unscientific, reckless directives and fire dedicated health experts."
Amid Monarez's futile fight to keep her job — she has since been replaced by Health and Human Services Deputy Secretary Jim O'Neill — other CDC officials threw in the towel, including Debra Houry, the chief medical officer; Daniel Jernigan, the director of the National Center for Emerging and Zoonotic Infectious Disease; and Demetre Daskalakis, the sex-obsessed homosexual "activist physician" who showed up in public wearing bondage gear and served as director of the National Center for Immunization and Respiratory Diseases.
RELATED: How Big Pharma left its mark on woke CDC vax advisory panel — and what RFK Jr. did about it
Following this changing of the guard, over 1,000 current and former HHS staff members released a letter on Wednesday demanding Kennedy's resignation from his position as health secretary.
The Save HHS campaign's letter, whose signatories are not publicly named but have been supposedly revealed to members of Congress, claims that Kennedy "continues to endanger the nation's health" by:
- "facilitating" the removal of Monarez;
- "causing the resignations" of Daskalakis and his ilk;
- appointing Dr. Robert Malone and other experts to ACIP who have in the past raised concerns about experimental vaccines;
- rescinding the Food and Drug Administration's emergency use authorization for COVID vaccines; and
- daring to say that "trusting experts is not a feature of either a science or democracy."
The Save HHS campaign did not respond to Blaze News' request for comment.
The Save HHS campaign indicates on its website that its partner organizations include Doctors for America, National Nurses United, and the American Public Health Organization.
The scientific advisory board of the Accountability Journalism Institute is apparently also a partner.
In its petition to remove Kennedy, the AJI's scientific advisory board claimed that President Donald Trump's health secretary "poses an immediate and long-term threat to the health of the American public."
The AJI scientific advisory board's claim appears to be a stone's thrown from a glass house. After all, a member of the board and signatory of the petition is Peter Daszak — the disgraced British zoologist who was formally debarred along with his scandal-plagued organization EcoHealth Alliance in January by the HHS.
RELATED: RFK Jr. pulls plug on mRNA jabs because they 'pose more risks than benefits'
Blaze News senior editor Daniel Horowitz, author of "Rise of the Fourth Reich: Confronting COVID Fascism with a New Nuremberg Trial So This Never Happens Again," noted to Blaze News, "The reason you are seeing so much mutiny against RFK Jr. is because unlike many of the Trump legal and policy changes, which can easily be changed under the next administration, CDC guidance is much more of a cultural influence straight down to individual parents and doctors."
"For years, the industry relied on an air-tight unanimity of opinion in health care and government that every vaccine was as pure as the wind-driven snow and absolutely indispensable for every baby born in this country," wrote Horowitz.
"Once RFK provides the other side of the story, there is no turning back for a significant portion of the country because ultimately it relies on the public confidence in vaccines," continued Horowitz. "It's not like immigration policies with TPS, parole, and expedited removal that the next president can just reinstate the prior policies from day one."
Kennedy noted in an op-ed on Tuesday that while the CDC "was once the world's most trusted guardian of public health" with a mission both clear and noble, "over the decades, bureaucratic inertia, politicized science, and mission creep have corroded that purpose and squandered public trust."
'The CDC must restore public trust — and that restoration has begun.'
The health secretary turned the endangerment accusation on its head, pointing out that the CDC under previous management "produced irrational policy during COVID: cloth masks on toddlers, arbitrary 6-foot distancing, boosters for healthy children, prolonged school closings, economy-crushing lockdowns, and the suppression of low-cost therapeutics in favor of experimental and ineffective drugs."
"The toll was devastating. America is home to 4.2% of the world’s population but suffered 19% of COVID deaths," added Kennedy.
The health secretary noted further that the "truth must no longer be ignored" about the downsides of vaccines, antibiotics, and therapeutics and that "infectious and chronic illness are linked."
Kennedy indicated that his ACIP housecleaning and the replacement of CDC leaders who "resisted reform" were meaningful steps toward restoring trust, eliminating conflicts of interest, and curbing "bureaucratic complacency" at the agency but that there was still much work to be done.
"The CDC must restore public trust — and that restoration has begun," wrote Kennedy. "It won't stop until America’s public health institutions again serve the people with transparency, honesty, and integrity."
To this end, Kennedy indicated that the agency will modernize systems, enhance scientific rigor, build infrastructure, and empower states and communities.
HHS communications director Andrew Nixon said in a statement to Blaze News, "Secretary Kennedy has been clear: The CDC has been broken for a long time. Restoring it as the world’s most trusted guardian of public health will take sustained reform and more personnel changes."
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Sign up for the Blaze newsletter
Get the stories that matter most delivered directly to your inbox.Blaze Media
Macron, 26 paesi si sono impegnati per truppe in Ucraina - Ultima ora - Ansa.it
https://www.ansa.it/sito/notizie/topnews/2025/09/04/macron-26-paesi-si-sono-impegnati-per-truppe-in-ucraina_30aa20bf-e4fc-4df3-8ff6-c75d214d5dde.html?utm_source=flipboard&utm_medium=activitypub
Pubblicato su ANSA Ultima ora @ansa-ultima-ora-AgenziaAnsa
Macron, 26 paesi si sono impegnati per truppe in Ucraina - Ultima ora - Ansa.it
"A tutt'oggi 26 paesi di questa Coalizione dei Volenterosi si sono impegnati per inviare truppe in Ucraina come forze di riassicurazione fin dal giorno seguente alla firma di una pace": lo ha detto il presidente francese Emmanuel Macron al termine de…Agenzia ANSA
Soshi Otsuki vince il LVMH Prize 2025, il designer giapponese che rivisita Armani e American Gigolo
https://www.vogue.it/article/soshi-otsuki-vincitore-lvmh-prize-2025?utm_source=flipboard&utm_medium=activitypub
Pubblicato su Moda @moda-VogueItalia
Soshi Otsuki vince il LVMH Prize 2025, il designer giapponese che rivisita Armani e American Gigolo
Il brand maschile giapponese Soshiotsuki trionfa all'edizione di quest'anno, in un mismatch tra l'arte dei kimono e la raffinatezza della sartoria italianaAmy Verner (Vogue Italia)
Tecnologia di consumo e beni durevoli: + 4,6% per il mercato globale nel primo semestre del 2025
https://www.repubblica.it/economia/rapporti/osserva-italia/mercati/2025/09/04/news/tecnologia_di_consumo_e_beni_durevoli__46_per_il_mercato_globale_nel_primo_semestre_del_2025-424826348/?utm_source=flipboard&utm_medium=activitypub
Pubblicato su Economia - La Repubblica @economia-la-repubblica-repubblica
Tecnologia di consumo e beni durevoli: + 4,6% per il mercato globale nel primo semestre del 2025
Secondo i dati NielsenIQ, il fatturato raggiunge i 403 miliardi di dollari. Traina la crescita il comparto IT, che beneficia dei cicli di sostituzione. In Ital…la Repubblica
Un quadro trafugato dai nazisti è stato ritrovato grazie a un annuncio immobiliare
https://www.rivistastudio.com/quadro-trafugato-dai-nazisti-argentina/?utm_source=flipboard&utm_medium=activitypub
Pubblicato su Cultura @cultura-RivistaStudio
Un quadro trafugato dai nazisti è stato ritrovato grazie a un annuncio immobiliare
È il "Ritratto di signora” del pittore italiano Giuseppe Ghislandi, meglio conosciuto come Fra Galgario, uno dei più apprezzati ritrattisti del Settecento.studioadmin (Rivista Studio)
Media, 54 palestinesi uccisi oggi, soprattutto a Gaza City - Ultima ora - Ansa.it
https://www.ansa.it/sito/notizie/topnews/2025/09/04/media-54-palestinesi-uccisi-oggi-soprattutto-a-gaza-city_c60515f6-c0ca-47d7-9ce0-9624843ebda1.html?utm_source=flipboard&utm_medium=activitypub
Pubblicato su ANSA Ultima ora @ansa-ultima-ora-AgenziaAnsa
Media, 54 palestinesi uccisi oggi, soprattutto a Gaza City - Ultima ora - Ansa.it
Sale a 54 il numero dei palestinesi uccisi dal fuoco dell'esercito israeliano dall'alba di oggi: lo affermano fonti ospedaliere di Gaza, guidata da Hamas, ad Al Jazeera. (ANSA)Agenzia ANSA
Ritorno a scuola: gli italiani non badano a spese
https://www.repubblica.it/economia/rapporti/osserva-italia/trend/2025/09/04/news/ritorno_a_scuola_gli_italiani_non_badano_a_spese-424826387/?utm_source=flipboard&utm_medium=activitypub
Pubblicato su Economia - La Repubblica @economia-la-repubblica-repubblica
Ritorno a scuola: gli italiani non badano a spese
Secondo un’analisi realizzata da Idealo sul proprio portale, il budget destinato all’acquisto del kit scolastico completo in Italia è superiore a quello di Ger…Massimo Franzosi (la Repubblica)
Today on Colossal, we caught up with the artist known as Pizza in the Rain, or PITR, who highlights storefronts, signage, and graffiti in his ultra-detailed portraits of urban life from Chicago to New Orleans.
thisiscolossal.com/2025/09/piz…
PITR Highlights Storefronts, Signage, and Graffiti in Ultra-Detailed Portraits of Urban Streets — Colossal
The artist known as Pizza in the Rain, or PITR, illuminates city streets, storefronts, and iconic neighborhood hangouts in striking detail.Kate Mothes (Colossal)
Justice Department Opens Criminal Probe of Lisa Cook Mortgages
https://www.bloomberg.com/news/articles/2025-09-04/justice-department-opens-criminal-probe-of-lisa-cook-mortgages?utm_source=flipboard&utm_medium=activitypub
Posted into Economics @economics-bloomberg
One neighbor is hosting a (late) housewarming party and with her other neighbors we have joined to get her a present. I was in charge of wrapping the gift, so I made her some reusable gift wrapping fabric, using a pojagi style to hide all seams.
#LeoniekeDoesNotNeedMoreHobbies #LTAACreations #Sewing #FiberArts #PojagiStyle
Come Giorgio Armani è diventato il designer di Hollywood
https://www.gqitalia.it/gallery/giorgio-armani-migliori-look-red-carpet?utm_source=flipboard&utm_medium=activitypub
Pubblicato su Stile @stile-GQItalia
The image displays a video game advertisement with a dark background. At the top, there is a blurred image of a character in a fiery environment, suggesting an action-packed game. Below this, a large green number "106,020" is prominently displayed, with the text "In-Game" underneath, indicating a high score or achievement. Icons for various features are present, including a person, explosion, cloud, game controller, people, and a speaker, suggesting multiplayer, achievements, and sound options. The game is labeled as "Metroidvania," "Great Soundtrack," and "2D," highlighting its genre and style. The text at the bottom reads, "Discover a vast, haunted kingdom in Hollow Knight," inviting players to explore the game's world.
Provided by @altbot, generated privately and locally using Ovis2-8B
🌱 Energy used: 0.160 Wh
Cavolo io già mi sto trasformando in uomo/robot/PC 😁
ilfattoquotidiano.it/2025/09/0…
“Pelle a chiazze, schiena curva, mento da strega e perde i capelli”: uno studio rivela come…
Gli esperti di Casino.org hanno immaginato come sarà l'influencer medio nel 2050: "È ciò che anni di ricerca di algoritmi, ossessione per gli standard di bellezza e creazione costante di contenuti possono fare a una persona"Il Fatto Quotidiano
It is hard, but necessary, to take in the venality of what we are up against: ICE, with the help of fire management, setting a trap for firefighters in order to check their immigration status. The predicate? a time card with 30 minutes unaccounted for.
"Multiple wildfire sources said the crews would not have been sent to the staging area where they were ambushed without the knowledge of top leaders on the fire’s management team."
hcn.org/articles/firefighters-…
Firefighters question leaders’ role in ICE raid near Bear Gulch Fire
Firefighting veterans believe the management team overseeing fire crews played a key role in handing team members over to immigration authorities.Alex Brown (High Country News)
newsguardtech.com/ai-monitor/a…
Zelensky outlines details of Coalition of the Willing meeting: Our goal is to end war with reliable peace
President Volodymyr Zelensky has stated that members of the Coalition of the Willing share Ukraine’s view that Russia intends to prolong the war, and therefore, pressure on the Kremlin must be intensified through sanctions.www.ukrinform.net
Morning Docket: 09.04.25
* Federal judges blame Supreme Court's shadow docket reversals with no explanation for undermining the lower courts and fostering false sense of bias, fueling sometimes violent attacks against the judiciary.Above the Law
Heute ein Exot: der Palmato Gecko ist gar nicht bunt, sondern durchsichtig wie Glas. Er lebt in der Wüste Namibias. Dieses Bild entstand in der Nähe von Swakopmund.
#wildlife #namibia #photography
L'ultima intervista di Armani, 'successione graduale' - Notizie - Ansa.it
https://www.ansa.it/sito/notizie/cultura/2025/09/04/lultima-intervista-di-armani-successione-graduale_98395a05-e173-45b1-8d7b-6f5b274aa1c3.html?utm_source=flipboard&utm_medium=activitypub
Pubblicato su Spettacolo e Cultura @spettacolo-e-cultura-AgenziaAnsa
L'ultima intervista di Armani, 'successione graduale' - Notizie - Ansa.it
"I miei piani di successione consistono in un graduale passaggio dei ruoli di responsabilità che ho sempre ricoperto a chi mi è più vicino, come Leo Dell'Orco, i membri della mia famiglia e l'intero team di lavoro. (ANSA)Agenzia ANSA
Scianna, l'immagine rischia di diventare un cosmetico - Cinema - Ansa.it
https://www.ansa.it/sito/notizie/cultura/cinema/2025/09/04/scianna-limmagine-rischia-di-diventare-un-cosmetico_2b96004e-893a-4c6c-88c2-0b0a7bff152c.html?utm_source=flipboard&utm_medium=activitypub
Pubblicato su Spettacolo e Cultura @spettacolo-e-cultura-AgenziaAnsa
Scianna, l'immagine rischia di diventare un cosmetico - Cinema - Ansa.it
Noi "viviamo nel tempo della moltiplicazione della comunicazione, che ha dinamiche industriali, la musica rischia di diventare rumore, l'immagine rischia di diventare cosmetico, la cloaca della cultura come dice Milan Kundera". (ANSA)Agenzia ANSA
Silksong’s release is hammering Steam, Xbox, PlayStation, and Nintendo stores
https://www.theverge.com/games/771461/silksong-release-steam-nintendo-eshop-crash?utm_source=flipboard&utm_medium=activitypub
Posted into Gaming @gaming-theverge
Silksong’s release is hammering Steam, Xbox, PlayStation, and Nintendo stores
Hollow Knight: Silksong, the highly anticipated indie game from Team Cherry, is finally out and demand for it is crashing gaming storefronts.Ash Parrish (The Verge)
Pnlegge, al festival si celebrano anniversari di tre grandi - Libri - Ansa.it
https://www.ansa.it/sito/notizie/cultura/libri/2025/09/04/pnlegge-al-festival-si-celebrano-anniversari-di-tre-grandi_b1ca26ad-9b32-43e0-941d-2883d0584366.html?utm_source=flipboard&utm_medium=activitypub
Pubblicato su Spettacolo e Cultura @spettacolo-e-cultura-AgenziaAnsa
Pnlegge, al festival si celebrano anniversari di tre grandi - Libri - Ansa.it
Tre grandi anniversari legati ad autori iconici della letteratura italiana sono al centro di altrettanti incontri della 26/a edizione di pordenonelegge, in cartellone dal 17 al 21 settembre. (ANSA)Agenzia ANSA
Chinese Stocks Crash After Beijing Seeks To Contain Bubble: What Happens Next
Chinese Stocks Crash After Beijing Seeks To Contain Bubble: What Happens Next
China’s equity rally lost steam in the past few sessions, with the Shanghai Composite sliding -1.3% and losing the 3800 level just 9 days after breaking above it and breaking out above the zerohedge.com/markets/china-st…
two weeks ago. The index is now down 3 days in a row, the longest such streak since May.
cms.zerohedge.com/s3/files/inl…
The sell off today was triggered by a Bloomberg report of bloomberg.com/news/articles/20…
for the market after a US$1.2t rally stoked worries of a speculative frenzy a la 2025 style. Policymakers are reportedly considering moves such as the removal of short-selling restrictions and the introduction of other measures to curb speculative trading.
To be sure, none of this is not new: as Goldman HK trader Fred Yin writes this morning, since late last week there were already signs that regulators are trying to cool the temperature on the rally. This however, did not come from the government - as a reminder, in China's centrally planned markets everything is officially sourced - but from "people familiar" so this is almost certainly a plant by someone who missed the China rally and hoped to spark a selloff to get in cheaper. It also expains why the National Team stepped in at the close today to lift stocks - why would they do that if they wanted to hammer the bubble risk?
In any case, some brokers last week raised its margin requirement although it was not an industry-wide action, while over 400 mutual fund products have either announced a halt or cap in subscriptions in August. CSRC Chair Wu Qing <a href="csrc.gov.cn/csrc/c100028/c7580…" rel="nofollow">signaled determination to ensure stock market stability</a> at a symposium this past weekend, pledging to consolidate the “positive momentum” of the market, while promoting “long-term, value, and rational investing”.
Sure enough, Goldman points out that a list of ETFs favored by state-backed funds (“National Team”) saw elevated volume vs 20d average (translation: China was actively stepping in to prop up markets). However it was nothing extreme, suggesting the correction is still within comfort level for regulators
cms.zerohedge.com/s3/files/inl…
Tech/innovation names were most hard hit: STAR50 had its 4th largest single day loss since inception in Jul 2020
cms.zerohedge.com/s3/files/inl…
AI infrastructure / data centers / semis / humanoid robots all suffered losses, result of perhaps extreme crowdedness
cms.zerohedge.com/s3/files/inl…
Cambricon (which we profiled two weeks ago zerohedge.com/markets/chinas-n…
) sank 14.5% on the day, bringing its YTD gains to just +82.7%
cms.zerohedge.com/s3/files/inl…
Adding to the risk-off sentiment, Chinese auto giant BYD (002594) cut its zerohedge.com/technology/byd-s…
to intense competition and cooling demand, resulting in -3% slide and extending the recent selloff.
There are some bright spots however: China Solar basket +2.3% was top performing theme after an executive from a leading polysilicon producer said the sector has likely bottomed out
Over on the Goldman high touch execution desk, Yin writes that China A was by far the largest net sold market in the region. Notional traded was over 2x the 4w daily average for a very busy day. The outflow was driven almost entirely by Long Onlies, selling concentrated within Consumer space, ongoing selling namely in EV space stood ou . In addition LOs also sold Industrials / Info Tech and only net bought Utils / Healthcare. Hedge Funds skewed seller too but in smaller size, focusing selling in Healthcare / Info Tech instead.
On the derivs desk, as broader market has corrected for 3 consecutive sessions and falling through 20dma, we are seeing two way traffic in spot (profit taking vs fresh dip buying). Also worth noting is the rotation in size factor since mid-August, which is to some extent correlated to quants performance. Futures basis reverts higher. Even though such inverse spot/basis dynamics observed recently dampens realize volatility, fixed strike vols are in strong bid over the day especially around the afternoon dip. Goldman thinks spot can continue to trade choppy due to thin spot/futures liquidity so convexity remains favorable to own, even though they seem hard to carry on a close-to-close basis.
Below are illustrative buy/sell flows in major markets on the bank's high touch desk:
cms.zerohedge.com/s3/files/inl…
Source: GS GBM as of 4Sep25, past performance not indicative of future results
It is worth noting that with the notable exception of 2014-2015 “crazy bull” market rally, Chinese equity market has mostly kept pace with underlying economic conditions. Yet this time around things are showing early signs of stress, or as the Goldman trader puts it, "perhaps the market is getting slightly ahead of the fundamentals." We were less politically correct:
We got ourselves another bubble folks. t.co/5kDJmhPmHl
— zerohedge (@zerohedge) twitter.com/zerohedge/status/1…
Upcoming data releases will be key to watch on whether the economic recovery is on track, including trade data (Sep 8), inflation (Sep 9), and new loan trends (Sep 12)
Taking a step back though, risk appetite remains positive, with activity level remaining extremely high. For a 17th day in a row, turnover in A shares exceeded 2t yuan, the longest stretch on record
cms.zerohedge.com/s3/files/inl…
Outstanding margin balance earlier this week climbed to 2.28t yuan, surpassing the previous record of 2.27t yuan record set in 2015.
cms.zerohedge.com/s3/files/inl…
Source: BBG as of 4Sep25, past performance not indicative of future results
GS PB data shows Chinese equities last month with long buys dominating the flows.
A-shares led both net and gross activity. H-shares and ADRs saw net inflows led by short covers.
cms.zerohedge.com/s3/files/inl…
Flows into China equity funds picked up, with US$4.1b of net buying last week being the largest since Apr
cms.zerohedge.com/s3/files/inl…
That’s still unlikely to meaningfully address the fact China is still the most U/W market for EM funds (active only)
cms.zerohedge.com/s3/files/inl…
This chronic U/W to China could trigger a flurry of inflows from global allocators, especially with other major markets trading close to ATHs
cms.zerohedge.com/s3/files/inl…
More in the full Goldman note available to pro subscribers in zerohedge.com/signup/professio…
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cms.zerohedge.com/users/tyler-…
Thu, 09/04/2025 - 10:45
zerohedge.com/markets/chinese-…
Chinese Stocks Crash After Beijing Seeks To Contain Bubble: What Happens Next
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zeroTyler Durden (www.zerohedge.com)
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Diventa docufilm la saga del basso rubato di Paul McCartney - Musica - Ansa.it
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Diventa docufilm la saga del basso rubato di Paul McCartney - Musica - Ansa.it
La saga del basso a forma di violino di Paul McCartney rubato oltre 51 anni fa diventa un documentario commissionato dalla Bbc. Si intitolerà 'The Beatle and the Bass' e sarà diretto da Arthur Cary (Surviving 9/11 e The Last Survivors). (ANSA)Agenzia ANSA
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