中国银行AH股齐创历史新高，A股涨近3%，H股涨超4%；公司此前发布中期业绩：股东应享税后利润1235.94亿元，同比增加5.1%。

Hong Kong stocks opened lower: HSI down 0.64% and Hang Seng Tech Index down 0.42% at the open. China property and mainland bank sectors outperformed, while gold stocks plunged. Meituan (03690.HK) rose 2.52% after reporting results; Beike (02423.HK) jumped over 4%.

TIMIRAOS wrote KEVIN WARSH's remarks eased some market concerns about the Fed's anti-inflation strategy but set up a tougher test in three weeks. Two points in Warsh's speech point toward a possible September hike: he stopped short of calling current financial conditions restrictive, and summer's improvement in inflation did not convince him the trend is improving. Before Friday the Fed's default had been to hold unless data warranted action; former Fed vice chair Cohn said Warsh has flipped that logic — the default is now to raise unless incoming data show no need. Cohn said the decision will hinge on conditions before the September meeting, notably August CPI due Sept. 11; stronger data would weaken the case that inflation is returning to the Fed's 2% target and could prompt a hike, while softer data would argue against raising. A September hike could anger the White House if it comes weeks before the midterms; standing pat could reawaken the doubts Warsh sought to calm.