EUR/USD
1.15372
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Gold
4372.98
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83.297
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159.319
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Real-time News
On August 11, two residential land parcels in Beijing were auctioned off. Located in Fangshan District and Shunyi District respectively, the total planned above-ground construction area is approximately 103,200 square meters. The total starting price was 1.663 billion yuan. Ultimately, both parcels were sold at the reserve price. The winning bidders were PowerChina Real Estate and Beijing Yinsheng Panmei, respectively, with a total transaction amount of 1.663 billion yuan.The onshore yuan closed at 6.7457 against the US dollar at 16:30 on August 11, down 15 points from the previous trading day.August 11th - According to meteorological forecasts and assessments by the Geological Disaster Technical Guidance Center of the Ministry of Natural Resources, affected by the remnants of Typhoon Dolphin (No. 13), parts of Beijing will experience heavy rainfall over the next three days, with a high risk of geological disasters in parts of southwestern and northeastern Beijing. The Ministry of Natural Resources activated a Level IV geological disaster prevention response for Beijing at 3 PM on August 11th.August 11th - According to Guangzhou South Railway Station, the 2026 summer railway travel season, which began on July 1st, has lasted 39 days as of August 8th. Guangzhou South Station has handled a total of 20.8629 million passengers, with an average daily passenger volume of 534,900. Specifically, 10.5162 million passengers departed and 10.3467 million passengers arrived, both exceeding 10 million passengers.On August 11th, the China Passenger Car Association (CPCA) projected that the passenger car market in August 2026 would exhibit a trend of "weak overall recovery and strong structural differentiation." With 21 working days for production and sales coinciding with the off-season due to high temperatures, the recovery in the terminal market was slow. Multiple macroeconomic and industry factors intertwined to shape the market landscape. Affected by the disruption to navigation in the Strait of Hormuz, international oil prices fluctuated upwards in July, leading to two rounds of cumulative increases in domestic refined oil prices of nearly 985 yuan/ton. This significantly raised the cost of using and maintaining gasoline-powered vehicles, continuously suppressing consumers willingness to purchase them. The continued weakening demand for traditional gasoline-powered vehicles became a core external positive factor for the counter-trend growth of new energy vehicles, continuously expanding the growth space for new energy vehicle models in both domestic and overseas markets.
