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CUSTOMS: China imported 42.092 mln tons of coal and lignite in August, down from 42.728 mln tons in July.

2026-09-08

CUSTOMS: China imported 42.092 mln tons of coal and lignite in August, down from 42.728 mln tons in July.

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2026-09-08

JP Morgan said BYD (01211.HK) beat Q2 expectations and highlighted its long-term strategy. The bank remains cautious on the China auto sector and favors scaled, diversified, globally positioned OEMs, picking BYD and Geely (00175.HK). It prefers heavy

JP Morgan said BYD (01211.HK) beat Q2 expectations and highlighted its long-term strategy. The bank remains cautious on the China auto sector and favors scaled, diversified, globally positioned OEMs, picking BYD and Geely (00175.HK). It prefers heavy-truck exposure (eg, Sinotruk 03808.HK) over passenger-car names. JP Morgan expects BYD’s per-vehicle profitability to stay resilient in H2, forecasting about 10,000 yuan per vehicle in Q4, and sees overseas per-vehicle profit—currently around 20,000 yuan—rising as capacity in Hungary, Indonesia and Brazil ramps. The bank maintains an overweight rating on BYD H shares with a HK$124 target and reiterates an overweight on BYD A shares with a 124 yuan target.
2026-09-08

US President Trump: When we win the war against Iran, oil prices will plummet like everything else (and even more!). Oil prices might fall to three dollars a gallon, but eventually they will fall below two dollars a gallon. All of this will happen ve

US President Trump: When we win the war against Iran, oil prices will plummet like everything else (and even more!). Oil prices might fall to three dollars a gallon, but eventually they will fall below two dollars a gallon. All of this will happen very quickly, and Iran will never have nuclear weapons.
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