Largest cargo airline's fleet has 85 freighters

SF Airlines, China's largest cargo airline in terms of fleet size, has expanded its fleet to 85 freighters, the airline announced on Tuesday. A Boeing 767-300 wide-body freighter has been added to the fleet, becoming the eighth new aircraft unveiled by SF Airlines this year, said the cargo carrier. It is scheduled to be used in the air-express delivery market during the upcoming Double 11 shopping spree and other logistics peaks.

Reverse repos add $9.9b to liquidity

The People's Bank of China, the country's central bank, conducted 71 billion yuan ($9.89 billion) of seven-day, 1.8 percent reverse repos on Tuesday, to keep liquidity in the banking system reasonable and ample.