Russia continues airstrikes on Ukraine, raising market doubts about the effectiveness of U.S. President Trump's claimed Russia-Ukraine "energy ceasefire." Coupled with ongoing tensions in the Middle East, Saudi Arabia was attacked by Yemen's Houthi militants for two consecutive days over the weekend. Overnight, New York crude futures initially fell but then reversed to rise 2.06%, closing at USD 93.74 per barrel, while Brent crude also closed up 1.84%, at USD 106.65.
Although oil prices softened during this morning's Asian session, they remain above yesterday's levels. The latest New York crude futures stand at USD 92.76 per barrel, down 1.05%; Brent crude trades at USD 105.57 per barrel, down 1.01%.
*Domestic civil aviation fares in September 2026 drop 13% month-on-month during off-season*
According to the China Air Transport Association, based on statistics from VariFlight and Ctrip, the average daily number of domestic flights operated in China during September 2026 was approximately 13,215, down 13.4% from August. This represents a year-on-year increase of 1.70% compared to September 2025 and is 8.93% higher than the same period in September 2019. The average daily number of international/regional flights operated was about 2,262, down 3.23% from August, but up 2.03% year-on-year compared to September 2025, currently standing at around 83% of the level seen in September 2019.
In September 2026, total passenger volume reached 0.64 billion person-trips, up 2% year-on-year, with an average daily passenger volume exceeding 2.1 million. The average one-way ticket price in September was RMB 830, up 4.1% year-on-year, down 13.1% month-on-month, and 11.7% higher than the same period in 2019.
Currently, the Hang Seng Index stands at 24,115, down 155 points or 0.6%, with main board turnover nearing HK$41.4 billion. The Hang Seng China Enterprises Index is at 8,109, down 59 points or 0.7%. The Hang Seng Tech Index is at 4,090, down 79 points or 1.9%. (vs)