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Galaxy Securities says August saw a post-season production and consumption rebound: China domestic passenger-car sales rose MoM, exports stabilized at high levels and YoY growth remained strong. New energy vehicles (NEVs) continued to underpin export

2026-09-24

Galaxy Securities says August saw a post-season production and consumption rebound: China domestic passenger-car sales rose MoM, exports stabilized at high levels and YoY growth remained strong. New energy vehicles (NEVs) continued to underpin export growth; commercial-vehicle domestic demand was steady, NEV penetration climbed to near 50%, and strong truck export growth kept commercial-vehicle exports buoyant. Looking ahead, the market is entering a seasonal consumption peak around "Golden September, Silver October" into year-end; NEVs are expected to remain the main driver of domestic recovery and elevated export growth, with vehicle sales likely to increase MoM and support industry operating improvement in September and Q4.

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2026-09-23

McDonald's (MCD.N) targets operating margin of about 50–55% by 2030.

McDonald's (MCD.N) targets operating margin of about 50–55% by 2030.
2026-09-23

The OECD said on Wednesday that AI-driven investment has modestly boosted global growth this year but a Middle East commodity-price shock is weighing on the 2027 outlook. After 3.4% growth last year, the OECD’s mid-term outlook projects global growth

The OECD said on Wednesday that AI-driven investment has modestly boosted global growth this year but a Middle East commodity-price shock is weighing on the 2027 outlook. After 3.4% growth last year, the OECD’s mid-term outlook projects global growth of 2.9% in 2026, slightly above its June forecast of 2.8%, and only 3.0% in 2027, below June’s 3.1% projection. Strong AI infrastructure spending — from data centers to semiconductors — has supported US growth and lifted tech exports from Japan and South Korea. The OECD flagged downside risks from energy-market volatility, a strong El Nifio, rising government bond yields and disappointing returns on AI investment; if realized, these could shave 0.7 percentage point off global growth and push global inflation up by 1.1 percentage point next year.
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