Asian markets rise, South Korea stocks pop ahead of US CPI report

Data shows that China’s tourism revenue is running below 2019 levels

National tourism revenue for the Mid-Autumn Festival was 28.68 billion yuan ($4.16 billion) – just 60.6% of pre-pandemic levels in 2019, according to official data.

Since the pandemic hit in early 2020, revenue has remained below 2019 levels.

Movie ticket site Maoyan showed that the long weekend brought in 370 million yuan ($53.44 million) at the box office, the lowest since 2017.

Meanwhile, online shopping held up by value, according to data from China’s postal authority.

According to Here is the story.

– Evelyn Cheng

Ramsay Health Care shares fall 14% as takeover talks hit roadblock

An Australian hospital operator Ramsay Health Cares Shares fell as much as 14.6% after the company declared The KKR-led consortium is “not in a position to finalize the terms” of an acquisition plan.

Ramsay Health rejected the proposal earlier this year, saying it was a concession “Meaning inferior.”

Shares of the company later recovered slightly, but were still down 11%.

– Off Abigail

Neo jumped more than 20% at the open after the Deutsche Bank report

Hong Kong-listed shares of the Chinese electric vehicle maker Neo The open rose as much as 21% following a bullish report from Deutsche Bank.

Reiterating his buy rating, analyst Edison Yu made minor revisions to forecasts, saying the Sept. In a note dated the 12th, Deutsche Bank said the Neo was its top China EV pick.

CNBC Pro: Forget oil — coal is hot right now. According to pros, here are 2 stakes to play it

Coal mining in Wyoming.

Brian Brainerd | Denver Post | Good pictures

Coal prices are at an all-time high and market watchers see prices going even higher as the global energy crisis looms.

“It’s almost like any or all companies are buying,” analyst Peter O’Connor said of the growth in the coal sector, revealing his favorite stocks.

CNBC Pro subscribers can read more here.

– Javier Ong

Nintendo shares advanced 5% ahead of games announcement livestream

Squid game-related stock up 10% on Emmys hopes

Puckett Studio Co.It owns shares in a private firm that represents “Squid Game” lead actor Lee Jung-jae, which soared more than 10% as the drama series saw historic success in the race.

The company’s shares jumped more than 20% immediately after Netflix’s release in June A letter from the directorHwang Dong-hyuk will announce the series and return with the second season.

Other content-related stocks CJ ENM and CJ CGV also gained more than 2.5% in the morning session, while Showbox rose 1.5%.

– Jihye Lee

CNBC Pro: Investing in Real Estate? These REITs are analysts’ favorites

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