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Sep 9
01:21

China’s major A-share indices collectively turned negative in the afternoon session on Monday, reversing earlier gains. The Shanghai Composite, Shenzhen Component, and ChiNext all slipped into the red as trading continued.

Macro
01:14

JD Logistics announced on September 9 at the JD Global Technology Exploration Conference plans to purchase 3 million robots, 1 million autonomous vehicles, and 100,000 drones within five years to advance full unmanned logistics. The company will also build the world’s largest robot maintenance network, aiming to cover over 100 countries and create more than 100,000 maintenance engineer jobs.

Macro
01:13

The World Platinum Investment Council (WPIC) reported on September 9 that the platinum market recorded its second consecutive quarterly surplus of 8 tonnes in Q2, and updated its full-year forecast. Total supply was roughly flat year-on-year at 59 tonnes (+1%), while total demand fell 16% (-10 tonnes) to 52 tonnes. Platinum ETF outflows of 7 tonnes led to net investment holdings declining by 4 tonnes.

Macro
01:11

China’s National Health Commission and other agencies revised regulations on medical narcotics and psychotropic drugs, effective October 1, 2026. The new rules, 11 chapters and 73 articles, expand coverage to all medicinal narcotics and psychotropics, including Schedule II, and refine management across procurement, storage, prescribing, use, recovery, and destruction.

RegulationMacro
01:07

Iraq is seeking a significant increase in its production quota during the ongoing OPEC+ audit. The move comes as the country aims to boost its output capacity within the alliance’s framework. Details of the request remain under discussion.

Macro
00:44

Zhan Jingping, current president of China Merchants Bank’s Dongguan branch, has been appointed president of its Shenzhen branch, replacing Wang Xinghai, who recently resigned. Multiple independent sources confirmed the move. Zhan arrived in Shenzhen this week and is currently handing over duties with Wang.

Macro
00:30

Oil prices neared $100 per barrel in Asian trade on US-Iran tensions, boosting energy stocks, while chip stocks extended gains with SK Hynix up over 3%. China’s August CPI rose 0.8% year-on-year, with PPI up 3.8%, both turning positive month-on-month. Hong Kong’s Hang Seng was flat, with the tech index down 0.6%.

MacroUS Stocks
00:28

China’s top 1,000 private companies by R&D investment increased their total R&D spending to 1.59 trillion yuan in 2025, up 10.72% year-on-year. 9 report by the All-China Federation of Industry and Commerce. Average R&D intensity reached 3.73%, with 640 firms classified as high-tech, high-value, high-growth. The report also noted steady growth in overall scale and profits.

Macro
00:25

Today’s key events (Beijing time) include possible release of China’s Jan-Aug aggregate social financing, new yuan loans, and Aug M2 money supply. Later, the US Treasury announces 10- and 20-year bond buyback sizes, and at midnight EIA issues its Short-Term Energy Outlook. On Wednesday, Apple holds its 2026 fall product event featuring the iPhone Fold and iPhone 18 Pro, alongside remarks by Bundesbank President Nagel.

Macro
00:11

Global wrist-worn device shipments reached 48.01 million units in Q2 2026, down 4.3% year-over-year. The report highlights a continued decline in the market as consumer demand softens.

Macro
Sep 8
23:52

The 10th National Underwater Robot Competition will take place in Dalian from September 17 to 20, 2026. Announced at a press conference on September 9, the event is co-hosted by Dalian Municipal Government and Pengcheng Laboratory, under the guidance of the National Natural Science Foundation of China. Themed ‘Building Dreams in the Ocean, Leading with Intelligence’, it features a main competition and supporting activities.

Macro
23:42

China’s Ministry of Finance auctioned 20 billion yuan of 63-day bonds at 1.0495%, 35 billion yuan of 91-day bonds at 1.1270%, and 35 billion yuan of 50-year bonds at 2.2778%. Bid-to-cover ratios were 3.56, 3.42, and 10.07 times respectively.

Macro
23:31

China’s Shanghai Composite rose 0.24% to 3949.89 at the morning close, while the Shenzhen Component fell 0.06% to 13694.33. The ChiNext dropped 0.34%, CSI 300 gained 0.12%, and the STAR 50 lost 0.60%. Mid-cap indices also dipped slightly.

MacroUS Stocks
23:01

China’s overnight Shanghai Interbank Offered Rate (SHIBOR) rose 0.20 basis points to 1.3730% on the latest fixing. The 7-day rate climbed 1.20 basis points to 1.3920%, while the 3-month rate held steady at 1.4300%.

Macro
22:55

China’s ChiNext board index reversed gains to turn negative on Tuesday, after opening more than 1% higher. The tech-heavy index gave up early advances amid volatile trading.

MacroUS Stocks
22:35

South Korea’s Seoul Composite Index (KOSPI) extended its intraday gains to 2% on Wednesday. The benchmark index rose amid a broad market rally, with tech and financial stocks leading the advance. Investors remain optimistic following recent policy signals and global market strength.

MacroUS Stocks
22:31

As of the morning close, Japan’s Nikkei 225 and Topix indices each rose 0.3%. The modest gains reflect broad market stability in early trading.

Macro
22:31

Shanghai Ganglian data showed the MMLC battery-grade lithium carbonate (morning session) mid-price at 142,950 yuan/ton today, up 200 yuan/ton from yesterday’s 16:30 price. The increase reflects slight firmness in the lithium market.

Macro
22:18

On September 9, the State Council Taiwan Affairs Office held a regular press conference. Responding to a question about a Taiwanese professor’s articles on ‘one country, two systems’ for Taiwan, a spokesperson said that national reunification is not an optional question for Taiwanese compatriots but a required one. The office welcomed rational discussions on reunification across the strait.

Macro
22:13

Guangdong will release 30 million yuan in tourism consumption subsidies for the 2026 Golden Autumn Cultural Tourism Consumption Season, starting September 11 and running through October 31, covering the Mid-Autumn and National Day holidays. The subsidies apply to hotels, scenic spots, travel routes, and new segments like cruises and senior wellness, with a maximum single-transaction discount of 500 yuan.

Macro
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