Yongding Co. expects 1H 2026 net profit attributable to parent of 500–700 mln yuan, up 57%–120% YoY. Prior-year period included an investment gain from an associate’s disposal of a subsidiary; no comparable item occurred in the current period. Profits at the automotive wiring-harness and overseas engineering segments declined YoY. The profit increase is chiefly driven by the optical communications unit, which benefited from accelerated digital-economy rollout and a surge in AI compute demand tha

Guotai Haitong said international oil prices have fallen and domestic fuel prices are set to be reduced month-by-month. The broker notes school summer breaks are slightly later in 2026, presales have accelerated since late June, hotel and rail bookings are up YoY while air ticket presales lag 2025 amid higher fares, and parent-child travel has remained strong over the past three years and is viewed as inelastic. It expects student-driven passenger traffic to rise from early July, pushing air fares back into positive territory; higher flight completion rates versus Q2, together with peak-season supply-demand support and reduced destructive price competition, should materially improve airline operating performance.

Independent research platform HFI Research said over the past 24 hours many vessels that had planned to transit via the Omani route instead chose the Iranian-side route.