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Airbus's 2026–2045 global market forecast projects China will require 8,830 new aircraft over the next 20 years, >20% of projected global demand of 42,060 aircraft. Passenger traffic in China is forecast to grow at a 5.2% CAGR; Per-capita annual flig

2026-09-08

Airbus's 2026–2045 global market forecast projects China will require 8,830 new aircraft over the next 20 years, >20% of projected global demand of 42,060 aircraft. Passenger traffic in China is forecast to grow at a 5.2% CAGR; Per-capita annual flights are expected to rise from 0.5 in 2025 to 1.4 by 2045. China’s in-service passenger fleet is projected to reach 9,860 aircraft by 2045. Demand breakdown: about 7,480 single-aisle aircraft and 1,350 widebodies.

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2026-09-08

GF Securities says securities-sector activity is improving while profitability is increasingly concentrated among top firms. Forty-two listed brokerages reported combined operating revenue of 364.0 bln yuan in H1 2026, up 44.5% YoY, and net profit at

GF Securities says securities-sector activity is improving while profitability is increasingly concentrated among top firms. Forty-two listed brokerages reported combined operating revenue of 364.0 bln yuan in H1 2026, up 44.5% YoY, and net profit attributable to shareholders of 154.7 bln yuan, up 49.3% YoY. Q2 net profit alone was 94.0 bln yuan, up 82% YoY and 55% QoQ; quarterly credit impairment jumped 662% YoY to 4.3 bln yuan. By business line in H1, investment gains (incl. fair value) +48% YoY, brokerage +54%, net interest +52%, investment banking +24%, and asset-management net income +24%. Market turnover rose while commission rates continued to fall; product scale and mix improved and buy-side advisory accelerated transformation. Brokerage revenues for the 42 firms totaled 98.4 bln yuan, +54% YoY. New public fund issuance rose 27% YoY; 15 fund houses reported combined net profit of 11.9 bln yuan, +35% YoY. Private fund filings in the first seven months reached 709.4 bln yuan, +67% YoY. Asset-management revenue for the 42 firms was 27.3 bln yuan, +24% YoY, with clear dispersion in growth rates. Investment view: sector is undervalued and underweight positions retain defensive qualities with upside; corporate earnings recovery underpins a gradual market rebound, internationalization offers a second growth vector, and easing industry policy could provide catalysts. GF notes Q3 may see market volatility and wider broker profit dispersion; greater exposure to tech-innovation increases earnings upside potential.
2026-09-08

Iran foreign ministry spokesman BAGHAEI said Canada's support for US Iran-related policy is essentially yielding to US pressure and damages Canada's diplomatic credibility.

Iran foreign ministry spokesman BAGHAEI said Canada's support for US Iran-related policy is essentially yielding to US pressure and damages Canada's diplomatic credibility.
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