COMPANY NEWS STOCKS Fosun Tourism slumps over 17% on reported sales by Fosun International at 15% discount >>>
STOCKS China to explore new futures products incl carbon emission, logistics; to accelerate introduction of products open to overseas investor – CSRC vice chairman >>>
STOCKS Beijing Daxing Airport resumed international cargo services, cargo carriers increase international business >>>
STOCKS Market Open Tue: Hong Kong stocks, A-shares open slightly higher, yuan’s fixing cut by 98 pips, net zero injection from PBOC >>>
FOREX POLICY & REGULATION PBOC cut forex reserve requirement after yuan weakened 2.8% against dollar in three weeks to hit weakest in two years >>>
STOCKS Li Auto to stop producing Li One next month, to lower prices by 20,000 yuan to boost sales – report >>>
DATA MACRO China’s service activity slowed slightly in August, remained second-fastest since May 2021 – private survey >>>
DATA MACRO China’s construction machinery makers report H1 earnings plunge amid industry downturn, Covid outbreaks, analysts expect slower falls in H2 >>>
DATA MACRO China’s auto sales likely fell 5.2% on month in Aug, retail sales of passenger cars declined 4% in Aug 1-28 – industry bodies >>>
COMMODITIES DATA POLICY & REGULATION China vows to stabilize lithium carbonate prices after prices surge again >>>
DATA VIEWS & ANALYSIS China’s 100 major property developers’ spending on land tumbled 53% on year in Jan – Aug, average home sales fell over 46% – research >>>
MACRO POLICY & REGULATION China pursued normal monetary policy without excessive stimulus – PBOC official >>>
COMMODITIES POLICY & REGULATION China’s commodity exchanges in Zhengzhou, Dalian and Shanghai open more futures, options to overseas investors >>>
STOCKS China Shenhua said coal production cost rose over 20% in first half, expected to increase further >>>
STOCKS China’s land sales slumped in Jan – Jul as developers prioritise liquidity preservation – research >>>
POLICY & REGULATION STOCKS China to promote inclusion of foreign firms into Stock Connect, push forward with new legislation for Chinese firms’ overseas listings – official >>>
COMPANY NEWS Xiaomi’s first vehicle model to be LiDAR-equipped sedan with price cap above 300,000 yuan – report >>>
COMPANY NEWS POLICY & REGULATION STOCKS China’s top AI chip company Cambricon Technology hit limit-up after US imposed restrictions on Nvidia exports to China >>>
STOCKS Shares of Chinese film production companies rally after box office sales in summer breaks hit highest since Covid started >>>
STOCKS Tencent said it has no target amount for divestment after report saying it eyes 100 bn yuan investment from firms including Meituan >>>
COMMODITIES China’s commodity futures mostly open lower on Friday, tin futures slumping more than 7% >>>
DATA VIEWS & ANALYSIS Global smartphone shipments to drop 6.5% in 2022, China to contribute nearly half of overall reduction – research >>>
FOREX VIEWS & ANALYSIS Chinese yuan likely to break through 7 per dollar mark before returning to current level by end of year – UBS >>>
COMPANY NEWS DATA China’s state railway operator recorded over 80 bn yuan net loss in first half, railway passenger trips tumbled over 40% on year >>>
DATA MACRO China’s box office sales in summer vacation hit highest since Covid started, ticket prices reached highest since 2011 >>>