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Autohome (NYSE:ATHM) reported second quarter 2026 net revenues of RMB1,198 million, down from RMB1,758.1 million in the prior-year period, as vehicle sales-related revenue declined.

Dingdong (NYSE:DDL) reported second quarter 2026 total revenues of RMB6,487.3 million, up 8.6% year-over-year, while gross merchandise value increased 11.8% to RMB7,265.3 million and net income rose to RMB271.7 million.

JPMorgan is warning that the US Treasury's surprise move to bring down long-term borrowing costs could make things worse. Scott Bessent's Treasury said yesterday it would at least double the size of its bond buybacks. That initially sent long-term yields lower. But JPMorgan says the move addresses the symptoms rather than the cause of America's ballooning debt pile. The bank warns that without real fiscal consolidation, investors could lose confidence and push borrowing costs even higher. The warning comes as US national debt has topped $40 trillion, raising the stakes as Washington continues to sell more securities. Our Markets Live Strategist Skylar Montgomery Koning joins Stephen Carroll and James Woolcock to discuss.

Alibaba Group (NYSE:BABA) reported second quarter 2026 revenue of RMB268,953 million, up 9% year-over-year, while net income declined as higher technology investment and other factors reduced profitability.

Huize Holding (NASDAQ:HUIZ) reported first half 2026 gross written premiums of RMB4,196.4 million, up 29.8% year-over-year, while revenue increased 5.8% to RMB719.8 million and profitability improved.

Youdao (NYSE:DAO) reported second quarter 2026 net revenues of RMB1.5 billion, up 3.5% year-over-year, while net income attributable to shareholders reached RMB73.8 million compared with a loss in the prior-year period.

At this year's World Robot Conference in Beijing, Chinese humanoid robot maker Unitree's founder declared that humanoid robots could take off commercially in just two years. The industry is moving beyond viral entertainment, sharpening its focus on real-world uses from factory assembly lines to household chores. Allen Wan reports.

DouYu (NASDAQ:DOYU) reported second quarter 2026 net revenues of RMB981.1 million, down 6.9% year-over-year, while gross profit increased to RMB159 million as lower revenue-sharing, content and bandwidth costs supported margins.

BingEx (NASDAQ:FLX) reported second quarter 2026 revenues of RMB940.3 million, down from RMB1,024.6 million in the prior-year period, as the company faced increased competition and lower margins.

NetEase (NASDAQ:NTES) reported second quarter 2026 net revenues of RMB30.1 billion, up 7.9% year-over-year, while gross profit increased 17.5% to RMB21.2 billion as revenue growth continued across its gaming business.

China Evergrande Group's founder Hui Ka Yan has been sentenced to life in prison, bringing an end to one of the most dramatic rise and fall stories in China's corporate history. Bloomberg's Trista Xinyi Luo has the details.

Brent crude futures for October delivery rose $1.20, or 1.3%, to $92.82 per barrel, while October West Texas Intermediate (WTI) crude futures increased $1.13, or 1.3%, to $85.52 as concerns over Middle East supply disruptions pushed prices higher.