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Sky News, citing sources, said Houthi militants fired a missile at a hospital staff dormitory in southwest Yemen.
2026-08-09
Sky News, citing sources, said Houthi militants fired a missile at a hospital staff dormitory in southwest Yemen.
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2026-08-09
In July, food, tobacco & alcohol and catering away from home prices were flat month-on-month. Within food, meat prices rose 1.9% MoM, adding about 0.07 percentage point to CPI; pork rose 4.1%. Fresh vegetables rose 1.3% MoM, adding ~0.02 ppt to CPI;
In July, food, tobacco & alcohol and catering away from home prices were flat month-on-month. Within food, meat prices rose 1.9% MoM, adding about 0.07 percentage point to CPI; pork rose 4.1%. Fresh vegetables rose 1.3% MoM, adding ~0.02 ppt to CPI; fresh fruit fell 3.8% MoM, subtracting ~0.07 ppt; eggs fell 1.7% MoM, subtracting ~0.01 ppt. Of the seven other major categories, education, culture & recreation, medical & healthcare, and household goods & services rose 1.0%, 0.8% and 0.4% MoM respectively; housing and other goods & services were unchanged; transport & communication fell 2.2% and clothing fell 0.4% MoM.
2026-08-09
CITIC Securities says the Hang Seng Composite Index has seen an earnings-expectations reversal over the past month; interim results beats and positive profit guidance have driven upward revisions to full-year earnings. The Hang Seng TECH index is lag
CITIC Securities says the Hang Seng Composite Index has seen an earnings-expectations reversal over the past month; interim results beats and positive profit guidance have driven upward revisions to full-year earnings. The Hang Seng TECH index is lagging, hit by divergent passenger-car profitability and higher capex at leading internet platforms that compress near-term margins. Sector outlook: upgrades for healthcare (CXO and large-cap pharma), financials (broker asset management and insurers), utilities and cyclical transport; downgrades for consumer, property and information technology. Flow pattern is two-pronged: capital rotating into oversold low-base sectors while momentum trades target names with strong earnings trajectories. Against a dense earnings calendar and global macro volatility, the firm favors a dividend-defense plus growth-optionalilty barbell: defensive allocation to high-dividend, low-beta, bond-like stocks; offensive exposure to internet giants, robotics and biotech benefiting from two-way capital flows, and tech hardware/AI applications, with selective positions in innovative drugs and industrial metals for near-term catalysts.
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