Initial benchmark revision to U.S. 2026 nonfarm payrolls: -79,000, versus market expectation of +183,000.

摩根士丹利：將歐洲公用事業板塊的評級從“增持”下調至“中性”。

The National Health Commission on Aug 28 released its 2025 Health Development Statistical Communique: total medical visits 10.65 bln in 2025, up 510 mln YoY; residents' life expectancy 79.25 years; maternal mortality 13.4 per 100,000; infant mortality 3.8 per 1,000. Reported cost control: average inpatient cost per stay 9,768.9 yuan, down 1.0% YoY on both current and comparable prices; average outpatient cost per visit 357.7 yuan, down 0.9% YoY. Preliminary total health expenditure 9.33672 tln yuan; financing mix—government 25.2%, social 47.7%, household 27.1%; per capita health spending 6,637.9 yuan; health spending 6.7% of GDP. Childcare: end‑2025 under‑3 slots 4.73 per 1,000 population, county‑level service coverage 98.8%; 126,000 childcare institutions, 6.657 mln slots and 1.431 mln staff.