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U.S. Treasury Secretary Bessenter: We are trying to restore balance to the thinly traded market.

2026-08-20

U.S. Treasury Secretary Bessenter: We are trying to restore balance to the thinly traded market.

Other News
2026-08-20

South Korea's KOSPI index rose 6.00% intraday to 6,861.17.

South Korea's KOSPI index rose 6.00% intraday to 6,861.17.
2026-08-20

Huatai Securities says July’s summer travel season and a decline in jet-fuel ex-factory prices prompted airlines to add capacity. Combined for Air China, China Eastern, China Southern, Spring Airlines and Juneyao, ASK and RPK rose YoY 4.6% and 7.8% (

Huatai Securities says July’s summer travel season and a decline in jet-fuel ex-factory prices prompted airlines to add capacity. Combined for Air China, China Eastern, China Southern, Spring Airlines and Juneyao, ASK and RPK rose YoY 4.6% and 7.8% (June: ASK -2.5%, RPK -1.7%); load factor climbed 2.6ppt to 86.2%. Volume growth has been accompanied by weak pricing: domestic fares including fuel surcharge in weeks 27–31 (Jun 29–Aug 2) fell 3.2% YoY (vs Jun 1–28 +11.5%). Early August (weeks 32–33, Aug 3–16) fares improved 2.6% YoY, but Huatai says the low base means the summer peak has not produced a clear seasonality-driven boost and sector attention remains limited. The firm will monitor international oil and high-frequency data; it remains constructive on a mid- to long-term industry recovery and says left-side positioning offers relatively high cost-effectiveness.
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