Li Auto (02015.HK) Hong Kong-listed shares fell over 5%, hitting a fresh post-listing low; the company reported 37,679 new-car deliveries in August.

Domestic News 1. Xi Jinping attends the "Shanghai Cooperation Organisation+" meeting and delivers an important speech. 2. Li Qiang meets with a delegation from the US-China Business Council Board of Directors. 3. Three departments release the "Guidelines on Overseas Competition and Compliance Construction in the Automotive Industry". 4. The Pallas's Star-1 rocket successfully completes its maiden flight; the rocket is designed for reuse at least 25 times. 5. The State Administration for Market Regulation publicly solicits opinions on the "Guidelines for Compliance of Online Transaction Mini-Program Platforms (Draft for Comment)". 6. The Ministry of Finance and another department: Dividends and bonuses received by foreign individuals from foreign-invested enterprises shall be subject to individual income tax at a rate of 20% under the category of "interest, dividends, and bonuses". 7. Civil aviation transported over 150 million passengers during the summer travel season. International News 1. Tesla's performance in the European market was mixed in August, with strong sales in France and Denmark, but declining sales in Norway and Sweden. 2. According to Fox News: The US House of Representatives may vote today on a bill to avert a government shutdown and provide funding until December 11. 3. Eurozone inflation has returned to above 3%, further solidifying expectations of a European Central Bank rate hike. 4. SoftBank-backed SB Energy has filed for an IPO, targeting the power demand from AI data centers. 5. Russia has lowered its 2026 oil production forecast to its lowest level in 17 years. 6. Two supertankers were hit by artillery fire in the Strait of Hormuz. 7. Iran stated that the current situation does not allow a return to the memorandum of understanding signed with the US, as the US has violated the agreement. 8. Iran: Will not allow the US to allow ships to pass through the southern route of the Strait of Hormuz.

U.S. Energy Secretary Wright: 17 million barrels of oil passed through the Strait of Hormuz on Monday.