Muyuan Foods said on Aug. 20 at its 2026 interim results meeting it plans to reduce its breeding sow herd to below 3.0 million head by end-September, roughly 600,000 head lower than last year’s peak. The company said the reduction responds to national hog capacity controls and aligns with current industry conditions and the government’s long-term pork-sector planning.

The National Financial Regulatory Administration published an administrative-penalty notice listing the revocation of Evergrande Life Insurance Co., Ltd.'s business license for serious noncompliance in insurance-fund use, transferring benefits to related parties, inadequate post-investment management, and falsified reports and statements.

BofA analysts say uncertainty over AI monetization and intensified competition from China and the US could force AI model vendors to cut prices, undermining lofty profit expectations. Rising borrowing costs will further pressure corporate earnings. European equities already price in sustained AI spending; a reversal in AI momentum would weaken that optimism. BofA forecasts the Stoxx Europe 600 will fall about 10% to 580 by Q2 2027.