Markets were laser-focused on the US August CPI data due this week and developments in the situations involving Iran and Ukraine. Apple Inc. (AAPL.US) was anticipated to hold its autumn launch event on September 9, US time, with the iPhone 18 likely to debut on the same day.

Major European bourses traded narrowly mixed in early Monday trading. The pan-European STOXX 600 dipped 0.1% to 649.32. The UK's FTSE 100 lost 3 points, or 0.3%, to 10,827. France's CAC added 5 points, or 0.06%, to 8,284. Germany's DAX faded 83 points, or 0.3%, to 25,963. Italy's FTSE MIB hiked 25 points, or 0.5%, to 52,126. Spain's IBEX 35 lowered 40 points, or 0.2%, to 20,010.

Jaguar Land Rover, a unit of India's Tata Motors, announced a voluntary redundancy scheme for thousands of employees in the UK. The company reportedly plans to cut up to 4,000 jobs over the next two years. When queried by CNBC about the scale of the job cuts, a Jaguar spokesperson declined to comment.

However, the spokesperson confirmed that the company has informed unions and employees about the launch of the voluntary redundancy scheme, offering the option to both general staff and management employees. The company aims to save GBP1.7 billion over the next two years and lower its break-even point to 300,000 vehicles. Tata Motors Passenger Vehicles fell 1.3% in late trading in India.

US and Canadian markets are closed today for the Labor Day holiday.
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According to Australian data center operator AirTrunk Operating Pty Ltd., US tech giants are attracted by Australia's green power grid and proximity to Asia, while also facing growing backlash in the US domestic market, Bloomberg reported.

AirTrunk Vice President of Energy and Utilities Sabooh Whitelaw said that companies including Google, Apple Inc. (AAPL.US), Meta Platforms, Inc. (META.US), Amazon.com, Inc. (AMZN.US) and Microsoft Corporation (MSFT.US) have shown stronger-than-expected interest in Australia over the past six to eight months.
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CATHAY PAC AIR (00293.HK) and Google announced a partnership to advance research on contrails and their contribution to aviation’s climate impact.

Cathay Pacific is Google’s first commercial airline partner in Asia-Pacific to trial its AI-powered contrail mitigation technology, and the first airline globally to test contrail avoidance on ultra-long-haul flights.

The companies have started trials to evaluate the operational feasibility and constraints of contrail avoidance across Cathay Pacific’s extensive global network. The trials will contribute valuable new data to global contrail research and advance understanding of contrail formation and avoidance in the Asia-Pacific region, a geography that has been underrepresented in previous trials.

An operational trial began in late 2025, with more than 100 flights targeted across Cathay Pacific's network. Over 80 flights followed contrail-avoidance routes, and Google estimates that these flights achieved roughly 40% reduction in the warming impact of contrails.
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LI AUTO-W (02015.HK) announced progress on the rollout of its in-house batteries across its full vehicle lineup. LI AUTO-W began the in-house development of its Mach chips in 2022 and will continue investing to advance chip iterations.

The development of the in-house Mach chip does not change the fact that NVIDIA Corporation (NVDA.US) remains a world-leading chip brand; similarly, the development of in-house batteries does not affect CATL (03750.HK) being a leading battery brand, LI AUTO-W said.

In the era of embodied intelligent vehicles, batteries and chips are the most critical technology barriers, while electric powertrain technologies, intelligent driving models and strong product capabilities will become the company's core competitiveness.

LI AUTO-W hopes to follow top enterprises such as Apple Inc. (AAPL.US), Huawei and Tesla, Inc. (TSLA.US) in keeping future-oriented core technology barriers in its own hands, which the company described as its strategic focus.

As orders for the new-generation Li MEGA in recent days exceeded the company's expectations, CATL's reserve of 5C ternary lithium batteries is expected to be depleted soon. Users locking in orders from 3 p.m. on September 7 onward will switch to LI AUTO-W's in-house developed 5C ternary lithium batteries, with deliveries expected to begin in November.

LI AUTO-W will launch the 2026 Li i6 in 4Q26, equipped with the company's in-house developed 5C batteries and in-house developed Mach chips. User reservations will open by the end of September, with deliveries to commence in early November.
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HONG KONG, Sept. 7, 2026 /PRNewswire/ -- On 7 September 2026, Hang Seng Indexes Company Limited recently announced the results of its 2026 sustainability ratings for listed companies, with the related index adjustments taking effect today. Fosun International Limited (HKEX stock code: 00656, "Fosun International", "Fosun" or the "Group"), in recognition of its continued commitment and outstanding performance in sustainable development, has had its Hang Seng Sustainability Rating upgraded from AA- to AA+, marking a record high. The Group was also selected as a constituent of the Hang Seng Corporate Sustainability Benchmark Index for the seventh consecutive year and included as a constituent of the Hang Seng ESG 50 Index. After three consecutive years at the AA‑ level, this latest upgrade underscores strong market and regulatory recognition of Fosun International's long-standing practices and continued progress in environmental, social, and governance ("ESG") performance.

The Hang Seng Sustainability Rating has a broad coverage, encompassing approximately 500 Hong Kong‑listed companies that are constituents of the Hang Seng Composite Index, as well as more than 1,300 A‑share companies that are constituents of the Hang Seng China A (Investable) Index.

The Hang Seng Sustainability Rating is based on the sustainability rating framework of the independent professional assessment body, the Hong Kong Quality Assurance Agency (HKQAA). It evaluates listed companies on seven core indicators, including corporate governance, environment, and fair operating practices, to identify outstanding performers in sustainability. In 2026, Fosun International delivered particularly strong performance in Corporate Governance, Environment, Consumer Issues, and Community Involvement and Development, ranking among the top 10% of participating HK-listed companies in each of these areas.

In recent years, Fosun International has continued to strengthen its ESG management system and has delivered strong results across major global ESG ratings. To date, under the latest MSCI ESG Ratings 5.0 methodology, Fosun International's MSCI ESG Rating has been upgraded to the highest rating of AAA. It was included in the S&P Global Sustainability Yearbook 2026 and was also named among the Top 1% in the S&P Global Sustainability Yearbook (China Edition) 2026 for the third consecutive year. Additionally, Fosun International's FTSE Russell ESG score has consistently been higher than the global industry average and it has remained a constituent of the FTSE4Good Index Series for five consecutive years.

Fosun International regards sustainable development as both a key responsibility and a strategic goal, leveraging ESG rating requirements to drive management improvements and further embedding sustainability considerations into strategic decision-making, daily operations, and risk management processes. The Group and its member companies continue to strengthen their capabilities and execution in managing sustainability-related issues. At the same time, Fosun International actively supports China's "dual carbon" goals of carbon peaking and carbon neutrality, advancing initiatives in carbon neutrality, energy conservation, emissions reduction, and climate risk management. In 2026, the Company published its fourth Climate Information Disclosures Report, further enhancing the systematic approach and transparency of its climate‑related disclosures.

Looking ahead, Fosun International will continue to uphold its founding aspiration of "Self-improvement, Teamwork, Performance, and Contribution to Society", integrating sustainability into long-term business development and value creation. The Group will further strengthen its ESG management system and leverage the synergies of its global industrial ecosystem. Through these efforts, Fosun International will continue to strengthen corporate resilience and sustainable development capabilities, creating long-term value for shareholders, customers, employees and society.

About Fosun

Fosun was founded in 1992. After more than 30 years of development, Fosun has become a global innovation-driven consumer group. Adhering to the mission of creating happier lives for families worldwide, Fosun is committed to creating a global happiness ecosystem fulfilling the needs of families in Health, Happiness and Wealth. In 2007, Fosun International Limited was listed on the main board of the Hong Kong Stock Exchange (stock code: 00656.HK). As of 30 June 2026, Fosun International's total assets amounted to RMB712.3 billion, with its latest MSCI ESG rating at AAA, the highest rating.

香港2026年9月7日 /美通社/ -- 2026年9月7日，恒生指數公司公佈的2026年度上市公司可持續發展評級結果，相關指數調整於今日正式生效。復星國際有限公司（香港聯交所股份代號：00656，簡稱「復星國際」 或「復星」 或「集團」）憑借在可持續發展領域的持續投入及卓越表現，評級從AA-越級提升至AA+，創歷史新高，並連續第七年入選恒生可持續發展企業基準指數成份股，同時入選恒生ESG 50指數成份股。繼連續三年取得AA-評級後，此次評級進一步提升，體現了市場及監管對復星國際在ESG（環境、社會和治理）領域長期實踐與持續進步的高度認可。

恒生可持續發展評級覆蓋範圍廣泛，涵蓋約500家恒生綜合指數成份股香港上市公司，以及超過1,300家恒生A股（可投資）指數成份股A股公司。

該評級採用獨立專業評審機構香港品質保證局的可持續發展評級框架，通過對上市公司的公司治理、環境、公平運營等七項核心指標進行評分，甄選出在可持續發展方面表現卓越的企業。2026年，復星國際在企業管治、環境、消費者事宜、社區參與和發展四項議題的得分均表現尤其突出，在參與評級的香港上市公司中得分均位列前10%。

近年來，復星國際持續完善ESG管理體系，在全球主流ESG評級中屢獲佳績。截至目前，根據最新MSCI 5.0版評級模型，復星國際MSCI ESG評級已升至最高級AAA；入選標普全球《可持續發展年鑑2026》，同時在《可持續發展年鑑（中國版）2026》中連續第三年名列最佳1%；富時羅素FTSE ESG評分持續領先全球行業平均水平，並連續五年入選富時羅素社會責任指數（FTSE4Good Index Series）成份股。

復星國際以可持續發展為重要責任及目標，以評促管，推動可持續發展要求進一步融入戰略決策、日常運營及風險管理流程，不斷提升集團及成員企業在可持續發展議題上的管理能力與執行成效。與此同時，復星國際積極響應國家「雙碳」目標，持續推進碳中和、節能減排及氣候風險管理，並於2026年發佈第四份氣候信息披露報告，進一步提升氣候相關信息披露的系統性與透明度。

復星國際將繼續秉持「修身，齊家，立業，助天下」的初心，堅持將可持續發展融入長期經營與價值創造，持續完善ESG管理體系，發揮全球產業生態的協同優勢，不斷提升企業韌性與可持續發展能力，為股東、客戶、員工及社會創造長期價值。

關於復星

復星創立於1992年，經過逾30年發展，已成為一家創新驅動的全球家庭消費產業集團。秉持讓全球家庭生活更幸福的使命，復星致力於服務全球家庭客戶，戰略聚焦健康、快樂、富足的幸福生態系統。2007年復星國際在香港聯交所主板上市（股份代號：00656.HK），截至2026年6月30日，公司總資產達人民幣7,123億元，最新MSCI ESG評級為最高級AAA。

Rating Improves for Third Consecutive Year, Ranking Among Top 10% of Financials, Demonstrating Strong Sustainability Performance

HONG KONG and SHANGHAI, Sept. 7, 2026 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Group"; HKEX: 2318; SSE: 601318) has been upgraded from A to A+ in the 2026 Sustainability Rating released by Hang Seng Indexes Company, marking an improvement for the third consecutive year. The upgrade recognizes Ping An's outstanding achievements in environmental, social and governance ("ESG") performance, reinforcing the Group's leading position in sustainability.

In the latest assessment:

• Ping An's A-share (601318) ranked among the top 10% of companies in the A-shares universe and the top 10% of financial companies.
• Ping An's H-share (02318) ranked among the top 20% of companies in the Hong Kong-listed universe and the top 10% of financial companies.

The Hang Seng Sustainability Rating assesses corporate ESG performance and provides a reference benchmark for sustainable investment, serving as the primary constituent screening criterion for the compilation of Hang Seng Sustainability Indexes. The latest assessment covered 636 Hong Kong-listed constituents of the Hang Seng Composite Index and 1,562 A-share constituents of the Hang Seng China A (Investable) Index.

In recognition of its strong sustainability performance, Ping An has been included as a constituent of seven major Hang Seng sustainability indexes, including the Hang Seng (Mainland and HK) Corporate Sustainability Index (HSMHSUS), Hang Seng Corporate Sustainability Benchmark Index (HSSUSB), Hang Seng (China A) Corporate Sustainability Index (HSCASUS) and Hang Seng (China A) Corporate Sustainability Benchmark Index (HSCASUSB).

Richard Sheng, Board Secretary of Ping An, said: "We consider sustainability an important development strategy and a core competitive strength of Ping An. Guided by customer needs, Ping An continues to advance its technology-enabled 'integrated finance + health and senior care' dual-pronged strategy, while strengthening corporate governance and risk management and promoting green and low-carbon development. Through these efforts, Ping An creates long-term, sustainable value for customers, employees, shareholders and society."

Strong Corporate Governance Supports Stable Operations; Cash Dividends Increase for More Than a Decade

Over the past 38 years, Ping An has established a professional Board structure with clearly defined responsibilities and standardized operating procedures. This robust governance framework supports the Group's long-term, stable development and continued value creation for customers, shareholders, employees and society. In the first half of 2026, the Group further strengthened its operating fundamentals. Revenue reached RMB575.138 billion, up 15.0% year-on-year. Operating profit attributable to shareholders of the parent company rose 8.3% year-on-year to RMB84.196 billion, while net profit attributable to shareholders of the parent company increased significantly by 36.1% year-on-year to RMB92.585 billion. Equity attributable to shareholders of the parent company reached RMB1,028.084 billion, up 2.8% from the beginning of the year. The Group will pay an interim cash dividend of RMB0.98 per share, up 3.2% year-on-year. Ping An's cash dividend has increased for more than a decade, demonstrating the Group's commitment to long-term development and stable value creation for shareholders.

Advancing the "Integrated Finance + Health and Senior Care" Dual-pronged Strategy to Respond to an Aging Society

As household wealth rises in an aging population, Mainland Chinese customers are seeking a broader range of wealth management, healthcare and senior care services. Ping An continues to advance its "integrated finance + health and senior care" dual-pronged strategy, providing comprehensive solutions through its "one customer, multiple accounts, multiple products and one-stop services" model and delivering cost-effective healthcare and senior care services. As of June 30, 2026, Ping An had 253 million retail customers. The retention rate of customers holding three or more categories of products reached 99%, while customers who had been with Ping An for five years or more accounted for 76.6% of the total. In the first half of 2026, 11.51 million Ping An Life customers accessed healthcare and senior care services, while Ping An's AI Doctor recorded more than 9.7 million users. As of June 30, 2026, more than 320,000 customers were eligible for Ping An's home-based senior care services.

Technology-Driven Service Upgrades Enhance Customer Experience

Ping An has launched an AI-powered "Express Service" platform and introduced Mainland China's first AI financial assistant that enables users to "get things done driven by one prompt." By connecting multiple Ping An applications and service scenarios, the platform brings together more than 300 digital services and enables customers to access a wide range of services through a single- entry point. In the first half of 2026, Ping An provided AI-enabled inquiry, consultation and processing across 88% of the Group's business scenarios, serving approximately 90 million monthly active customers as a reliable AI assistant. Ping An also upgraded Global Emergency Assistance Service enabled "one action-triggered emergency response in 233 countries and regions. In the first half of 2026, the service handled more than 1,500 assistance requests, provided cross-border medical transportation for 87 customers and helped 36 customers in high-risk areas of the Middle East return safely to Mainland China.

Strengthening Proactive Risk Prevention to Create Sustainable Business Value

Ping An continues to create sustainable business value by advancing risk reduction, extending insurance protection from post-incident claims settlement to proactive risk prevention. In the first half of 2026, Ping An helped customers avoid losses totalling RMB212 million, issued 177,000 natural disaster alerts and served 120 million customers. Through its proprietary "EagleX Risk Mitigation Service Platform", Ping An provided safety monitoring across 17 types of scenarios, serving more than 29,000 enterprises, addressing 7,892 safety risks and preventing 66 major safety incidents. In addition, Ping An's "Traffic Lights" Road Safety Public Welfare Program has covered 31 provinces, municipalities and autonomous regions across Mainland China. Under the program, Ping An has donated more than 40,000 traffic safety facilities, including traffic lights and speed bumps, and renovated more than 4,400 high-risk road sections, significantly reducing accident rates and establishing a replicable and scalable model for rural road safety management.

Advancing Green Finance and Accelerating the Low-Carbon Transformation of Operations

Ping An integrates green development principles into its core businesses. As of June 30, 2026, green investment of Ping An's insurance funds reached RMB647.550 billion, while green loan balance totalled RMB273.416 billion. In the first half of 2026, green insurance premium income reached RMB41.346 billion. Alongside the development of green finance, the Group continued to advance the low-carbon transformation of its operations and make steady progress toward its 2030 operational carbon neutrality target. In 2025, the Group's operational carbon emissions decreased by 16% compared with 2024.

Looking ahead, Ping An will continue to advance its technology-enabled "integrated finance + health and senior care" dual-pronged strategy. The Group will further enhance its operational capabilities, strengthen its growth drivers and drive continued service innovation. Guided by its commitment to pursuing "higher-value growth and creating value through services," Ping An will leverage its sustainability capabilities and professional strengths to support high-quality business development and create long-term, sustainable value for customers, employees, shareholders and society.

- End -

About Ping An Insurance (Group) Company of China, Ltd.

Ping An Insurance (Group) Company of China, Ltd. (HKEX:2318 / 82318; SSE:601318) is one of the largest financial services companies in the world. It strives to become a world-leading provider of integrated finance, health and senior care services. Under the technology-enabled "integrated finance + health and senior care" dual-pronged strategy, the Group provides professional "financial advisory, family doctor, and senior care concierge" services to its over 250 million retail customers. Ping An advances intelligent digital transformation and employs technologies to improve financial businesses' quality and efficiency and enhance risk management. The Group is listed on the stock exchanges in Hong Kong and Shanghai. As of the end of June 2026, Ping An had more than RMB14 trillion in total assets. The Group ranked 26th in the Forbes Global 2000 list in 2026, 48th in the Fortune Global 500 list in 2026, and ranked AAA in MSCI ESG Ratings in 2026.

For more information, please visit the www.group.pingan.com and follow our LinkedIn page - PING AN.

Tesla China announced that customers who place orders and take delivery of available inventory vehicles from now until September 30 can enjoy cash incentives of RMB5,000 for all Model 3 variants, including the Performance version, and RMB10,000 for all Model Y variants, including Model Y L.

In addition, Tesla's lower-priced version of the Model 3 has been launched in Hong Kong and Macau, with a starting price of less than RMB180,000.
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NEW ORIENTAL-S (09901.HK) Chairman Yu Minhong said there are probably only two types of products in the world. One type is products that are created and can touch people's hearts, such as the iPhone created by Steve Jobs. When HUAWEI, XIAOMI-W (01810.HK) and others started making smartphones, Apple Inc. (AAPL.US) had already pioneered the smartphone market, and smartphones are now a mature product.

For mature products, there is only one possibility, which is to make them better than competitors rather than cheaper, he opined. Based on nearly 40 years of business practice, he found that selling cheap products and engaging in price wars can never deliver long-term growth prospects.

The second type is making products remarkably better than competitors, he added. Citing NEW ORIENTAL-S' practice in the food industry, he said there is only one type of product in the food industry: products that are safer than competitors' offerings, with customers clearly recognizing the superior safety standards. In addition, the food must taste better than competitors' products.

In his view, because China's food supply exceeds demand, companies can only operate with an ultimate pursuit of excellence under such circumstances. Therefore, he established a rule for EAST BUY to create only products with "three highs": high safety, high quality and high cost-performance.
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HORIZONROBOT-W (09660.HK) founder and CEO Yu Kai recently said the company endeavors to become the market share leader in China's autonomous driving chip market next year, toppling NVIDIA Corporation (NVDA.US).

Technological innovation is endless, and the logic of the intelligent driving chip industry is starkly different from that of the luxury goods industry, he noted. There is no permanent technological advantage, and continuous iteration is required to move forward.

In the future, the company will continue to ramp up investment in autonomous driving chip technology R&D, striving to gain a dominant position in China's high-end intelligent driving chip market through product iteration and further expand the industry influence of domestically developed intelligent driving chips.
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