Summary

• Type: monitoring-check (subtype: qualitative continuity, sector-rotation read only) - event_id: 2026-07-31-china-structural-discount-eow-phase-0a-refresh - Source: (Sector Scorecard "China Tech"). - Shift: This week's dominant market story (a forced hedge-fund unwind and Korea margin cascade in memory/AI-infra names) is not China-specific, but the desk'