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OpenAI President: We are now in the AGI era, and we must approach the next few years with seriousness and prudence, advance in a thoughtful manner, and collectively address the challenges. We are fully capable of making the future far better than the past.
On September 7th, according to RIA Novosti, Russian Deputy Foreign Minister Grushko stated, "The rhetoric of European politicians regarding resolving the conflict in Ukraine is absurd, empty, and meaningless." Grushko also stated that the EU's policy towards Moscow is actually consistent with NATO's policy, noting, "Their goal in taking these actions is to prolong the conflict in Ukraine, thereby causing a strategic defeat for Russia." RIA Novosti also reported that recently, more and more European countries have been calling for a resumption of dialogue with Russia. In response, European Council President Costa announced that he is discussing this issue with EU member states.
Goldman Sachs: Oil prices could rise to $120 if attacks on ships in the Middle East escalate.
Hong Kong stocks fell more than 1% to the Hang Seng Index and 1.06% to the Hang Seng Tech Index. Baidu (09888.HK) fell 4.7%, Xiaomi Group (01810.HK) fell more than 4%, and Longfor Group (00960.HK) and China Resources Mixc Lifestyle (01209.HK) both fell more than 3%.
On September 7th, the Ministry of Industry and Information Technology announced on September 4th that GB47371-2026, the "Safety Technical Specification for Electric Bicycle Charging Piles," was released on March 31, 2026, and will be implemented on April 1, 2027. The standard clarifies technical indicators from dimensions such as general requirements, safety protection functions, and special requirements for DC charging piles, addressing the long-standing lack of unified and mandatory standards for community charging facilities. According to data from Tianyancha, there are currently over 975,000 charging pile-related companies in operation or in operation in my country, with approximately 104,000 newly registered companies so far in 2026. In terms of regional distribution, Guangdong, Jiangsu, and Shandong provinces rank among the top in the number of charging pile-related companies, with over 112,000, 75,000, and 68,000 respectively.
September 7th - Japanese Prime Minister Sanae Takaichi, entering her second year in office, appears to be prioritizing continuity in the upcoming September cabinet reshuffle, with some key positions remaining unchanged. According to multiple Japanese media reports, key ministers such as Finance Minister Satsuki Katayama, Defense Minister Shinjiro Koizumi, and Foreign Minister Toshimitsu Motegi are likely to remain in their posts. This reshuffle coincides with the midpoint between her inauguration as prime minister last October and the expiration of her term as LDP president in September 2027. Given Takaichi's apparent preference for continuity in key positions, market attention may focus on whether she will invite senior members of the Japan Innovation Party to the cabinet and how she will address potential opponents in next year's LDP presidential election. The Japan Innovation Party helped Takaichi seize power last October when she lacked the votes needed to become prime minister, and the alliance to which the party belongs provided the necessary support. Japan Innovation Party co-representative Hakubun Yoshimura stated at the end of August, "If Prime Minister Takaichi formally invites us to the cabinet, we will comply." He declined to specify which positions the Japan Innovation Party would seek, stating that it would be based on discussions with the prime minister.
On September 7, in response to recent reports that Jaguar Land Rover was laying off 4,000 employees globally, Jaguar Land Rover China stated that there are currently no organizational restructuring plans in the Chinese market, and Jaguar Land Rover China's business operations are normal, with sales, after-sales service, and dealer network all functioning normally.
On September 7th, the China Academy of Information and Communications Technology (CAICT) announced that its "Fangsheng" intelligent agent benchmark has established a hierarchical testing framework encompassing basic capabilities, typical scenarios, and complex integrated tasks. This framework aims to expand intelligent agent testing towards comprehensive capability measurement, process analysis, and problem diagnosis. To further enhance the benchmark's professionalism, representativeness, and industry applicability, CAICT is now publicly soliciting "Fangsheng" intelligent agent benchmark testing tasks from the public, continuously gathering high-quality task resources and improving testing tasks, testing environments, and evaluation methods.
According to Al Jazeera, pro-government armed forces in Yemen said they carried out 13 airstrikes on Houthi positions, gathering points, and vehicles in Bayda province.
On September 7th, according to Qichacha APP, Jiangxi Luyou Jushen Intelligent Technology Co., Ltd. was recently established. Its business scope includes: development of artificial intelligence application software, research and development of intelligent robots, integration services for artificial intelligence industry application systems, sales of artificial intelligence hardware, and sales of intelligent robots. Qichacha's equity penetration analysis shows that the company is jointly held by UBTECH and others.
The U.S. Geological Survey reports a 4.6-magnitude earthquake off the coast of Oregon, at a depth of 12.0 kilometers.
Due to the Labor Day holiday in the United States, CBOT agricultural futures, ICE raw sugar, and cotton futures will be closed for one day; CME Group's precious metals and U.S. crude oil futures contracts will end early at 02:30 Beijing time on the 8th; ICE Brent crude oil futures contracts will end early at 01:30 Beijing time on the 8th.
On September 7th, the highest 7-day annualized yield of Tencent Wealth Management's "Current Account+" was 1.1130%, and the lowest was 0.6700%. The highest 7-day annualized yield of WeChat Pay's "Lingqian Tong" was 1.0900%, and the lowest was 0.8620%. The highest 7-day annualized yield of Alipay's "Yu'ebao" was 1.1060%, and the lowest was 0.9010%.
ANZ Senior Economist Jasmine Zheng: Therefore, we expect the number of job advertisements to gradually decline. However, given the resilience of the sector, we expect the rise in the unemployment rate to be moderate.
The People's Bank of China (PBOC) announced today that it conducted 500 million yuan of 7-day reverse repurchase operations, with a bid amount of 500 million yuan and a winning bid amount of 500 million yuan. The operation rate was 1.40%, unchanged from the previous rate.
September 7th - Over the next three days, cold air will continue to affect northern China, bringing heavy rainfall eastward. The Central Meteorological Observatory forecasts that today, parts of eastern Qinghai, central and southern Gansu, central and northern Shaanxi, central and northern Shanxi, central and western Hebei, western and southern Beijing, western Sichuan Basin, northeastern Heilongjiang, southwestern Yunnan, and southeastern Tibet will experience moderate to heavy rain, with some areas in central Shanxi and western Hebei experiencing torrential rain. In the coming days, the cold air will gradually move eastward and southward, bringing not only rainfall to northern China but also a significant drop in temperature from north to south. The temperature drop in northern China will be concentrated from today to the 9th, while southern China will also experience a cooling trend from the 9th to the 10th.
On Monday, September 7, the Hang Seng Index opened 2.1 points higher, or 0.01%, at 25,652.97; the Hang Seng Tech Index opened 11.73 points lower, or 0.26%, at 4,558.07; the H-share Index opened 6.97 points lower, or 0.08%, at 8,548.06; and the Red Chip Index opened 7.17 points lower, or 0.17%, at 4,206.29.
Hong Kong stocks opened higher, with the Hang Seng Index up 0.01% and the Tech Index down 0.26%. Tianshu Zhixin (09903.HK) opened up nearly 3.5%, Huahong Grace (01347.HK) opened up nearly 2%, and Baidu (09888.HK) and Hansoh Pharmaceutical (03692.HK) both rose more than 1.8%.
On September 7th, the General Office of the Chengdu Municipal Committee of the Communist Party of China and the General Office of the Chengdu Municipal People's Government released the "Implementation Opinions on Optimizing the Ecosystem for Scientific and Technological Innovation." The development goal is to simultaneously promote scientific and technological innovation and the transformation of scientific and technological achievements, focusing on key aspects such as cultivating key players, empowering platforms, transforming achievements, and providing essential support. This involves strengthening organized innovation, conducting systematic matchmaking, promoting high-quality transformation, and building an innovation ecosystem characterized by "active key players, well-developed platforms, smooth transformation, concentrated resources, and inclusive systems," thus forming a pattern where scientific and technological innovation leads industrial innovation. By 2028, the number of national and provincial specialized and innovative enterprises will significantly increase, the R&D intensity of the whole society will reach 4.3%, and the number of high-value invention patents per 10,000 people will reach 30.
Hang Seng Index futures opened 0.26% higher at 25,687 points, a premium of 46 points.
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