GAC Group said on Aug. 24 chairman Feng Xingya met again with Huawei founder Ren Zhengfei in Shenzhen for in-depth talks on development of the Qiji brand, the product roadmap for next-generation vehicles and mechanisms to deepen cooperation.

A股有色板塊震盪反彈，銅方向領漲，金誠信漲停，江西銅業觸及漲停，雲南銅業、西部礦業、北方銅業、銅陵有色、洛陽鉬業漲幅靠前。

US new-home sales fell to a six-month low in July, signaling that high mortgage rates continue to suppress demand despite builders’ price cuts and incentives. Government data on Tuesday showed sales of newly built single-family homes declined 10.5% to a 607,000 annualized pace, below the median economist estimate of 620,000. The median new-home price was down 0.9% YoY to $393,800. Sales have slipped in three of the past four months, underscoring financing costs and affordability constraints—especially in the entry-level market—despite measures such as free upgrades, mortgage-rate buydowns and price reductions by builders.