PRE-MARKET CHINESE STOCKS NEWS: China and the US are reportedly discussing cuts to tariffs on agriculture and energy

China Eastern Airlines (670 HK) - Co. August passenger transportation capacity rose 5.2% Y/Y, passenger traffic volume rose 6.7% Y/Y, passenger load factor was 89.61%, up 1.27ppts Y/Y, and freight traffic volume rose 3.61% Y/Y. (Dow Jones Newswires) China Southern Airlines (1055 HK) - Co. August passenger capacity rose 3.6% Y/Y, with domestic capacity rising 1.8% Y/Y and international capacity rising 9.6% Y/Y, passenger traffic rose 4.8% Y/Y, passenger load factor was 88.01%, and cargo capacity fell 1.65% Y/Y. (Dow Jones Newswires) MTR Corporation (66 HK) - Co. accepted an HKD 10.5bln land premium for the Tuen Mun sites in Hong Kong. (Newswires) S.F. Holding (6936 HK) - Co. will raise CNY 10.0bln in a two-tranche bond sale, comprising CNY 5.0bln of notes due 2029 carrying a 1.75% coupon and CNY 5.0bln of notes due 2031 carrying a 1.85% coupon, with proceeds to be used for refinancing and general corporate needs. (Dow Jones Newswires) ByteDance - Co.'s H1 profit reportedly fell by a single-digit percentage to USD 20bln amid AI spending, while revenue rose around 30% on strong international advertising growth. (The Information) Trade China and the US are reportedly discussing cuts to tariffs on agriculture and energy, according to sources. (Newswires) German Chancellor Merz said China distorts trade through subsidised overproduction. (Newswires) Other News China's NDRC reportedly pledged to target policies involving subsidised overproduction. (Newswires) China's State Administration for Market Regulation and Ministry of Culture and Tourism instructed Meituan (3690 HK), JD (9618 HK), Trip.com (9961 HK), Douyin, Tongcheng and Fliggy to strengthen compliance, address competition risks and support orderly tourism. (Newswires) Hong Kong Chief Executive Lee will unveil Hong Kong's first Five-Year Plan. (Newswires)