ECB President Lagarde said AI's substantial financing needs are a key driver.

Huasheng Tiancheng and Moonshot AI launched the Kimi Moon Mission, forming a full-chain partnership spanning model capability, compute infrastructure, industry deployment and global delivery to scale enterprise AgenticAI. Huasheng will provide compute support for the Kimi model; partners will pursue MaaS and token business cooperation, target government, financial, telecoms and smart manufacturing clients, and expand into overseas enterprise AI markets. The firms will set up a joint industry AI innovation team and build a dual technical stack combining the Kimi model with Huasheng’s compute base.

PBOC will conduct overnight reverse repos on Sept 14-17 via fixed-rate, fixed-quantity tenders, with daily operations capped at 600 billion yuan.