PRE-MARKET CHINESE STOCKS NEWS: Chinese House Prices and activity data are scheduled today

GAC Group (2238 HK) - Co. reached a stake acquisition agreement with FAW Group (000800 CH) that would make FAW its second-largest shareholder with strategic influence, as the two state-owned automakers seek to integrate industrial resources amid Beijing’s push to rein in excess capacity. (Nikkei) Tech China's MIIT and NDRC jointly issued the "15th Five-Year Plan" for electronic information manufacturing, directing full-chain breakthroughs in China's integrated circuit sector. (Newswires) Other News PBoC is reportedly set to add macroprudential assessment metrics for banks, tightening scrutiny of bond durations and fund investment ratios, according to sources. (Newswires) Chinese Foreign Minister held a call with his French counterpart and said protectionism will push up inflation and hamper the green transition, according to Xinhua. (Newswires) Germany will lobby EU countries on a new China policy and may seek additional tariffs. (Newswires) Data Recap Chinese New Yuan Loans (Aug) 60.0bln vs. Exp. 400bln (Prev. -340.0bln) Chinese Total Social Financing (Aug) 1.66trln vs. Exp. 2.04trln (Prev. 1.41trln) Chinese Outstanding Loan Growth (Aug Y/Y) 4.9% vs. Exp. 5.1% (Prev. 5.1%) Chinese M2 Money Supply (Aug Y/Y) 7.5% vs. Exp. 7.6% (Prev. 7.7%) Hong Kong Industrial Production (Q2 Y/Y) 2.3% (Prev. 3.2%) Hong Kong PPI (Q2 Y/Y) 13.1% (Prev. 17.7%)