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WTI and Brent crude extended gains, rising more than $2 intraday to $94.05/bbl and $95.02/bbl respectively.

2026-05-28

WTI and Brent crude extended gains, rising more than $2 intraday to $94.05/bbl and $95.02/bbl respectively.

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2026-05-28

The A-share rental and sales parity sector rallied, with Tianjian Group hitting the daily limit, and other stocks such as Jinhe Commercial Management, Jiangnan High Fiber, Hefei Urban Construction, and World Union Properties following suit.

The A-share rental and sales parity sector rallied, with Tianjian Group hitting the daily limit, and other stocks such as Jinhe Commercial Management, Jiangnan High Fiber, Hefei Urban Construction, and World Union Properties following suit.
2026-05-28

Huatai Securities said in a research note that April industrial enterprise profit growth accelerated to 24.7% from March's 15.8%, driven by improved price indicators that supported profit repair, and that the rebound in inf showed higher elasticity.

Huatai Securities said in a research note that April industrial enterprise profit growth accelerated to 24.7% from March's 15.8%, driven by improved price indicators that supported profit repair, and that the rebound in inf showed higher elasticity. It warned that mid- and downstream firms outside the AI chain saw marginal profit weakening, signaling intensifying cost-side pressure. April oil price gains continued to lift petroleum processing and chemical product profits, while strong global AI investment demand kept the electronic computer sector leading profit and revenue growth; other mid-/downstream sectors' profit growth remained weak. Both volume and price contributed to the overall profit recovery: revenue growth rose to 5.8% in April from 4.5% in March, and seasonally adjusted profit margin edged up to 5.8% from 5.7% in March. Sector divergence widened: upstream industries' contribution to aggregate profit growth increased by 2.1 ppts from March's 3.8 ppts to 5.9 ppts. Within mid-/downstream, computer and communications contributed 6.8 ppts, non-ferrous smelting 4.7 ppts and chemical products 6.1 ppts; the three together contributed roughly 17.5 ppts. Other industries—especially domestic-demand-oriented downstream manufacturers such as cement products, food & beverages, recreational goods and furniture—continued to show weak profit growth.
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