Hong Kong stocks fell after an early rally. The Hang Seng Index slipped 1.1% to 25,652.82 and the Hang Seng Tech Index fell 1.93% to 4,824.42. Market turnover was HK$210.9 billion versus HK$240.3 billion in the prior session. Oil and gas names outperformed; innovative drug names rallied intraday then retreated. Non‑ferrous metals were the weakest sector and led losses; new consumer, commercial aerospace, autos and defence also underperformed. Notable movers: CNOOC (00883.HK) +3.59%, Zai Lab (096

Renminbi strengthened further on Aug. 10. The renminbi central parity was set 20bp stronger at 6.7884 per dollar, the strongest since Feb. 10, 2023. Onshore renminbi traded as strong as 6.7429 intraday, a high since Feb. 6, 2023; at the time of writing it was 6.7458 per dollar. Lian Ping, chairman of the China Chief Economists Forum, said a phase of dollar weakness has been the primary catalyst, citing three factors: US-Japan joint intervention in the yen and the yen’s short-term rebound weighing on the dollar index; easing Middle East geopolitical risk reducing safe-haven flows; and weak US macro data exacerbating dollar weakness and supporting broad gains in non-dollar currencies.

伊朗石油部官方网站Shana：伊朗石油部长帕克内贾德称，到九月底将有9500万立方米天然气的生产周期恢复。