Wang Qing, chief macro analyst at Orient Jincheng, said recent zero 7-day reverse repo operations and the PBOC's use of overnight reverse repos in mid‑August signal more precise control of market rates. He expects market-rate volatility to ease and says overnight reverse repos could gradually supplant 7-day reverse repos as the PBOC's primary short-term liquidity management tool.

Corrit Energy & Infra CEO Misra said India's commercial and industrial (C&I) clean-energy demand is expected to grow at least 15% p.a. over the next decade as firms seek lower energy costs and emissions. Corrit, which builds solar plants for corporates, is positioning to capture rising industrial decarbonization demand. A May report by the Energy, Environment and Water Resources Committee found renewables currently supply only about 25% of industry electricity demand, well below the level needed to meet decarbonization pledges. Misra said companies now regard solar as core infrastructure rather than something that needs defending.

百度(09888.HK)將於週二公佈第二季度業績。根據FactSet對11位分析師的調查，百度第二季度淨利潤預計爲28.2億元人民幣，較去年同期的73.2億元人民幣大幅下降；第二季度營收預計爲313.4億元人民幣，低於去年同期的327.1億元人民幣。惠譽指出，新興的AI搜索以及各類聊天機器人競爭可能對百度搜索業務的變現能力構成壓力，百度盈利能力下降反映出其傳統業務走弱，以及非營銷業務利潤率相對較低。花旗預計，百度第二季度核心業務營收將同比下降3.6%，其中廣告收入將同比下降20%，與此同時，百度AI雲基礎設施業務營收將同比增長60%。