China's National Bureau of Statistics said the recent price rebound has had a positive effect on corporate profitability. Profits of industrial enterprises above designated size rose 15.7% YoY in the first eight months; the number of industries reporting profit growth increased by six versus last year. The NBS warned some sectors still face operating difficulties. Relevant departments are implementing measures to stabilise growth, expand domestic demand and ease corporate distress, and said poli

杰富瑞：将Travelers目标价从351美元上调至365美元。

People's Daily reports large-denomination certificates of deposit (minimum 200,000 yuan) — principal-and-interest guaranteed, typically paying slightly above comparable-term regular deposit rates and eligible for transfer or early withdrawal under rules — are being relaunched after issuance had contracted. Deposit holders are focused on offered rates, allocation limits and sales channels. Multiple banks have restarted these products; analysts cite a mix of factors including the low-rate, low-risk-appetite market environment, bank funding considerations and interest-rate liberalization. With volatility in wealth management products, funds and equities and abundant idle household liquidity, demand for capital-preserving, high-certainty products has risen, creating renewed market demand for large-denomination CDs, Qingdao Bank chief economist Liu Xiaoshu said.