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Tencent Licaitong (demand + 7-day annualized) yields: high 1.4510%, low 0.7070%. WeChat Lingqiantong 7-day annualized yields: high 1.0310%, low 0.8660%. Alipay Yu'ebao 7-day annualized yields: high 1.0930%, low 0.9020%.

2026-09-21

Tencent Licaitong (demand + 7-day annualized) yields: high 1.4510%, low 0.7070%. WeChat Lingqiantong 7-day annualized yields: high 1.0310%, low 0.8660%. Alipay Yu'ebao 7-day annualized yields: high 1.0930%, low 0.9020%.

Other News
2026-09-20

CSC Financial says A-share market has entered a second-stage recovery. Middle East geopolitical spillovers lifted oil and long-end UST yields earlier but that phase has eased; oil and long-end UST yields have retreated. With domestic easing on rates

CSC Financial says A-share market has entered a second-stage recovery. Middle East geopolitical spillovers lifted oil and long-end UST yields earlier but that phase has eased; oil and long-end UST yields have retreated. With domestic easing on rates and a stable RMB, leadership is rotating back to earnings and capital is returning to high-profitability sectors. Key risks: the persistence of overseas rate and oil declines and external shocks around the FOMC meeting at end-October. Recommended positioning: balanced, layered. Offensive overweight: compute-capacity supply-constrained segments (optical chips, PCB manufacturing, CCL, server OEMs) and industrial base metals (copper, aluminum, tin). Defensive base: dividend-yielding assets as core ballast. Tactical: selective, policy-driven domestic-demand opportunities in agriculture, medical aesthetics, and textiles/apparel.
2026-09-20

Federal Reserve's Kashkari: The Fed's mission is to bring inflation back to its 2% target. Inflation remains too high, and this is not solely due to oil prices.

Federal Reserve's Kashkari: The Fed's mission is to bring inflation back to its 2% target. Inflation remains too high, and this is not solely due to oil prices.
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