Barclays cuts United Airlines (UAL.O) PT to $160 from $175.

China's National Data Administration said it has officially launched a national data property registration system to accelerate circulation and use of data as a production factor. Luan Jie, director of the administration's Policy and Planning Department, said the unified national registry will address the coexistence of multiple local registries, inconsistent standards and weak mutual recognition, and implement one-time registration usable nationwide to speed construction of an integrated national data market, reduce data transaction costs and promote realization of data value.

Sept. 10 — Wind data: Wind Optical Fiber Index closed down 3.26% after reports that optical-fiber preform capacity is accelerating. Preforms, the main raw material for optical fiber and cable, have risen sharply YTD and recently, but industry sources say mid‑term prices are uncertain as new capacity scheduled to come online over the next two years will require market validation. FiberHome said it expects sustained data‑centre optical connectivity demand, is expanding high‑end capacity (multimode, specialty and hollow‑core fibers) and will use self‑funding to advance projects before proceeds from a planned directed share issuance are received. Firms note preform ramp-up still faces hurdles in technology, equipment procurement, approvals and talent. Yangtze Optical Fibre and Cable said traditional telco demand is flat and incremental volume is coming mainly from cloud service providers’ compute build-outs; see company filings for details.