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Guangdong will distribute 30 mln yuan in cultural and tourism consumption subsidies from Sept. 11 to Oct. 31, covering Mid-Autumn and National Day holidays. Subsidies operate in two tracks: offline via Cloud QuickPass app coupons redeemable at partne

2026-08-28

Guangdong will distribute 30 mln yuan in cultural and tourism consumption subsidies from Sept. 11 to Oct. 31, covering Mid-Autumn and National Day holidays. Subsidies operate in two tracks: offline via Cloud QuickPass app coupons redeemable at partner merchants, and online via instant discounts when buying coupons on participating platforms. Eligible products include hotels and homestays, attraction tickets, tour packages, cruises/yachts, study‑tour and family products, and senior wellness/healthcare; maximum discount per transaction 500 yuan.

Other News
2026-08-28

The percentage of successful bids for the 7-year U.S. Treasury bond auction on August 27 was 97.63%, compared to 95.17% previously.

The percentage of successful bids for the 7-year U.S. Treasury bond auction on August 27 was 97.63%, compared to 95.17% previously.
2026-08-27

BYD will release H1 results on Friday. A Visible Alpha survey of analysts expects Q2 net profit of RMB 8.99 bln (about $1.34 bln) versus RMB 6.36 bln a year earlier; Q2 revenue is forecast at RMB 216.55 bln versus RMB 200.92 bln a year ago. Jefferies

BYD will release H1 results on Friday. A Visible Alpha survey of analysts expects Q2 net profit of RMB 8.99 bln (about $1.34 bln) versus RMB 6.36 bln a year earlier; Q2 revenue is forecast at RMB 216.55 bln versus RMB 200.92 bln a year ago. Jefferies flags margin performance as the key metric to gauge how quickly domestic profitability can recover in H2 2026. Other analysts are focused on whether overseas volumes — notably Europe and Latin America, which have become important sources of sales and earnings — can remain strong. Investors will seek management signals on domestic demand, pricing policy and pace of overseas expansion for H2.
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