个股新闻 1. 龙湖集团(00960.HK)：前8个月累计实现总合同销售金额208.4亿元。 2. 牧原股份(02714.HK)：8月商品猪销售收入约92.54亿元，同比下降21.9%。 3. 宝龙地产(01238.HK)：前8个月合约销售总额约为44.3亿元，同比减少9.7%。 4. 江波龙(09976.HK)香港公开发售获40.32倍认购，全球发售净筹约68.032亿港元。 5. 雅居乐集团(03383.HK)：前8个月预售金额合计为约46.7亿元，同比减少25.52%。 6. 保利置业集团(00119.HK)：前8个月累计实现合同销售金额约293亿元，同比减少17.7%。

BofA Securities raises Huadian (01071.HK) H-share PT to HK$3.7 from HK$3.5 and A-share PT to RMB4.3 from RMB4.1, while reiterating an UNDERPERFORM rating. The bank says short-term earnings remain pressured by rising coal prices. Q2 power-price improvement was driven by spot and monthly market tariffs tracking higher coal and by capacity-price revenue being allocated over lower generation; Shandong’s mature market and tight spot linkage aid fuel-cost pass-through. Management expects Qinhuangdao benchmark coal around RMB850/ton in H2, but a low Q3 base last year will make near-term fuel-cost comparables tougher. Gas-fired generation fell over 10% YoY in 1H, yet profitability improved after the company curtailed low-margin output and shifted to peak-period dispatch; capacity-payment mechanisms in Tianjin and Guangdong also support earnings.

German Chancellor Merz said our values remain valid.