As of Aug 24, margin financing on the Shanghai Stock Exchange was CNY 1,346.471 billion, down CNY 2.346 billion from the prior trading day; Shenzhen stood at CNY 1,274.344 billion, down CNY 1.84 billion. Combined balance was CNY 2,620.815 billion, down CNY 4.186 billion.

拼多多(PDD.O)：短期內，受影響市場的跨境訂單將面臨較低的履約效率和更高的成本。

China’s Hainan meteorological observatory says Typhoon Zitan is moving eastward, maintaining strength, and is expected to pass close to or make landfall near Changjiang–Lingao on Hainan’s northwest coast today before turning north toward the Guangxi–Guangdong coast. On 25th, Lingao, Danzhou, Changjiang, Dongfang and Baisha are forecast to receive 80–120mm of rain, with localized totals above 150mm. Beibu Gulf and western Hainan waters expected winds force 8–9, gusts 10–11. May disrupt shipping and ferry services in Beibu Gulf and western Hainan, affect port operations, offshore fishing and oil/gas platforms, and hit coastal tourism and local logistics; inland flood and reservoir risks could affect road transport and supply chains.