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New York Fed: In August, survey respondents' assessments of both current and future personal financial situations deteriorated.

2026-09-08

New York Fed: In August, survey respondents' assessments of both current and future personal financial situations deteriorated.

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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

Consumer associations in Beijing, Tianjin and Hebei said 10 airlines and five online ticketing platforms that had been summoned for talks completed ticket overbooking rectification on schedule by Aug 31. They reported that defects in overbooking rule

Consumer associations in Beijing, Tianjin and Hebei said 10 airlines and five online ticketing platforms that had been summoned for talks completed ticket overbooking rectification on schedule by Aug 31. They reported that defects in overbooking rule disclosure, on-site handling, compensation arrangements and complaint mechanisms have been addressed; consumers should now see clear overbooking rules at purchase and have defined on‑site handling and compensation guarantees if overbooked.
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