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Shenzhen Municipal Local Financial Supervision and Administration Bureau deputy director Zhu Jiang said at the 2026 Financial Institutions Annual Conference that the city aims to build the most dynamic and efficient industrial finance and technology

2026-09-10

Shenzhen Municipal Local Financial Supervision and Administration Bureau deputy director Zhu Jiang said at the 2026 Financial Institutions Annual Conference that the city aims to build the most dynamic and efficient industrial finance and technology finance centers and urged institutions to deepen presence and allocate resources toward Shenzhen’s “20+8” industry clusters and modern industrial system. He said Shenzhen’s financial-sector value-added rose 12.1% last year and grew 10.6% in 1H; as of Sept. 9 the city added 29 IPOs in 2026, raising more than 100 bln yuan, ranking first among first‑tier cities.

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2026-09-10

U.S. producer prices accelerated in August, sending New York gold futures below $4,400/oz. Stephen Brown, Capital Economics' North America chief economist, said PPI subcomponents that feed into the core PCE deflator were notably strong in August, rai

U.S. producer prices accelerated in August, sending New York gold futures below $4,400/oz. Stephen Brown, Capital Economics' North America chief economist, said PPI subcomponents that feed into the core PCE deflator were notably strong in August, raising the likelihood of a Fed rate hike next week. CME FedWatch now prices roughly a 70% probability of a hike, versus about 60% earlier on Thursday. In U.S. morning trade a stronger dollar and rising Treasury yields pressured gold down 1.5% to $4,392.90/oz.
2026-09-10

Sept 10 — Huamai Technology shares hit the daily limit-down after three consecutive limit-up sessions. The company said the share price movement reflected multiple factors including industry supply-demand and market sentiment. It flagged recent rises

Sept 10 — Huamai Technology shares hit the daily limit-down after three consecutive limit-up sessions. The company said the share price movement reflected multiple factors including industry supply-demand and market sentiment. It flagged recent rises in optical fiber input costs for its optical cable products but said those price increases are not sustainable and may reverse, creating uncertainty for future earnings. On a reported discounted transfer by the controlling shareholder, Huamai said actual controller Xu Aimin is transferring part of his holdings by agreement to repay pledged-stock financing loans and reducing pledge risk.
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