Real-time News

On September 8th, Evergrande Auto (00708.HK) announced in Hong Kong that its board meeting to approve the Group's annual results for the years ended December 31, 2024 and 2025, and its interim results for the six months ended June 30, 2025, has been rescheduled to September 16, 2026 (Wednesday). Trading in the company's shares will remain suspended.

Bank of England Governor Bailey: Rising youth unemployment is worrying.

On September 8, Lin Honghong, Vice Chairperson of the China Council for the Promotion of International Trade (CCPIT), met with Julie Jacobs, Chief Legal Officer and General Counsel of Hewlett-Packard, in Beijing. The two sides exchanged views on topics including serving the development of foreign-invested enterprises in China, deepening international cooperation in industrial and supply chains, and participating in the 2026 APEC business activities.

Kremlin: Russian President Vladimir Putin supports the idea of restoring US-Russia relations.

Kremlin: US President Trump is focused on efforts to end the war in Ukraine as soon as possible.

The U.S. Treasury Department has sanctioned Air Shiraz, ASA Jet, and ATA airlines.

The U.S. Treasury Department has suspended the J-1 general license related to Iran.

The U.S. Treasury Department has allowed the partial termination of transactions related to (Iranian) civil aviation.

The U.S. Treasury Department announced a new round of sanctions related to Iran.

The U.S. Treasury Department issued a general license related to Iran.

Data from the Brazilian Association of Automotive Manufacturers (ANFAVEA) shows that car sales in Brazil fell 1.6% in August compared to July, while production increased 6.8% compared to July.

The U.S. Conference Board Employment Trends Index for August was 108.53, revised from 107.71 to 107.76 in August.

September 8th - According to multiple industry sources, leading emerging electric vehicle brand Li Auto will introduce its third power battery supplier, Zhongchuang Xinhang. Li Auto's initial plan is to first integrate Zhongchuang Xinhang batteries into its pure electric vehicles. Another source indicated that the Li i6 may be the first model to feature Zhongchuang Xinhang's products.

Oracle (ORCL.N) has issued a tender invitation for a 2-gigawatt renewable energy project in New Mexico.

Goldman Sachs has moved up its forecast for the Reserve Bank of Australia's interest rate hike to September, up from November.

Bank of England Governor Bailey: The Bank of England's yield curve in the market reflects investors' concerns about further increases in energy prices.

On September 8th, Tesla's price cuts reignited speculation about a "price war" in the auto market. On September 7th, Tesla China announced a limited-time incentive program: orders placed before September 30th would receive a 5,000 RMB cash incentive on all Model 3 models and a 10,000 RMB cash incentive on all Model Y models, which could be combined with a 5-year 0% interest rate policy. According to incomplete statistics, in the past two weeks, more than ten auto brands have launched limited-time purchase incentives, covering luxury, joint venture, domestic, and emerging brands, with promotional methods including cash incentives, insurance subsidies, interest-free financing, and trade-in bonuses—all disguised price reductions. Cui Dongshu, Secretary-General of the China Passenger Car Association, believes that price cuts and promotions are market behaviors by automakers to adjust supply and demand balance, rather than a vicious price war. He pointed out that September is a crucial sales window during the "Golden September and Silver October" period, and the concentrated promotions by various brands are more of a "pulse-like" window sprint, aimed at boosting sales and clearing inventory, rather than the beginning of a full-scale price war.

Qualcomm (QCOM.O) shares narrowed their gains to less than 3%, after rising more than 8% earlier.

Bank of England Governor Bailey: Inflation risks are tilted to the upside.