国外 1. 法兴银行：美债10年期收益率5.5%为临界点，突破将施压股市估值。 2. 道富环球：欧洲央行周四或释放开放式信号。 3. 大和证券：经济数据决定美元兑日元走势方向。 4. Global X ETFs：澳大利亚住房/抵押贷款危机信号值得关注。 国内 1. 中金公司：预计2028年国内超节点液冷配套市场规模达148亿元。 2. 中信证券：后续锂价有望企稳反弹至15-20万元/吨。 3. 中信证券：共和党在中期选举失利将加剧美国政治僵局情况。 4. 中信证券：北交所当前处于底部抬升、等待增量催化阶段。 5. 广发证券：证券行业业务景气向上，头部分化加大。 6. 中泰证券：建议关注贵金属以及受中东供给影响较高的铜、铝。 7. 华西证券：大模型竞争有望进入下一阶段，将激发算力租赁等需求。 8. 国泰海通：物业服务行业低速增长 提升效率助力长期估值向上。

Citigroup maintains buy on BYD (01211.HK) and sets a HK$142 target price. The bank expects H2 overseas monthly sales to stabilize at 180k–200k units, targets 2.5m overseas units in 2027, assumes ~20,000 yuan per-unit profit for exports and a long-term domestic market share of about 25%. Citigroup forecasts Q3 core net ~13.0 bln yuan, based on domestic sales of 752k (2,200 yuan per-unit core profit) and exports of 568k (20,000 yuan per unit); higher volumes should reduce depreciation and R&D costs per vehicle by ~2,000 yuan QoQ. Assuming Q4 domestic sales of 803k and exports of 607k with unchanged per-unit profits, Citigroup projects Q4 core net of ~13.9 bln yuan. The bank cautions September funding flows may not support auto OEMs or BYD due to lower export tax rebates, EU tariffs and component-localization requirements for Chinese NEVs, seasonal domestic demand/order uncertainty, and a rotation into AI-related investments; it retains the buy rating and HK$142 PT.

Market sources say Russia will respond to Hungary's expulsion of its diplomats.