Asian stocks are up, but Nomura says mainland gains look bubbly—Sophia and Jason break down why markets are running hotter than the real economy. We dig into China’s EV price war and who can actually reach break-even, plus Quick Hits: HSBC’s new HK chief, OSL listing BNB, and fresh shale gas finds. What to Watch: China’s August FX reserves on Sunday, Sep 7. Upbeat, clear, and actionable.