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CATL A-shares down more than 3%; Hong Kong-listed CATL (03750.HK) down more than 2%.

2026-08-06

CATL A-shares down more than 3%; Hong Kong-listed CATL (03750.HK) down more than 2%.

Other News
2026-08-05

Honda raised its fiscal-year operating-profit forecast to ¥650bln from ¥500bln after quarterly results, citing yen weakness and stronger-than-expected US demand for hybrid vehicles. The company now sees full-year sales of ¥24.15tln versus prior guida

Honda raised its fiscal-year operating-profit forecast to ¥650bln from ¥500bln after quarterly results, citing yen weakness and stronger-than-expected US demand for hybrid vehicles. The company now sees full-year sales of ¥24.15tln versus prior guidance and analyst estimates of ¥23.2tln; analysts’ average profit forecast is ¥676bln. Honda said it expects a profit rebound this fiscal year driven mainly by FX tailwinds and US hybrid sales, while it works to restructure an underperforming auto unit. The company booked a ¥2.5tln impairment in March that produced its first annual loss since 1948 and said a previously uncompetitive model lineup left it behind in the shift to advanced battery EVs.
2026-08-05

Al Jazeera, citing Iran’s Press TV and a senior Iranian official, reports Iran‑Oman talks have entered a new phase and may produce an agreement to establish a mid‑channel through the Strait of Hormuz to ensure navigation safety while preserving Iran’

Al Jazeera, citing Iran’s Press TV and a senior Iranian official, reports Iran‑Oman talks have entered a new phase and may produce an agreement to establish a mid‑channel through the Strait of Hormuz to ensure navigation safety while preserving Iran’s coastal rights. The official said the channel, if activated, would replace existing northern and southern routes. The strait is about 34 km wide and, the report added, had been used under a UN two‑way traffic separation scheme before Iran closed the international route citing strikes by the United States and Israel.
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