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China's securities regulator has launched a public consultation to revise key refinancing rules for listed companies, aiming to enhance market inclusivity and competitiveness. The proposed changes seek to streamline capital-raising processes and adapt to evolving market needs.
Read MoreTencent Cloud announced the official DeepSeek-V4 model will launch in mid-July on its TokenHub and agent development platform. The update brings functional and performance enhancements. New pricing strategies, including peak-valley pricing, will be implemented post-launch for optimized resource allocation and service stability.
Read MoreThe AI semiconductor rally shows signs of cooling while Bitcoin stages a strong rebound from recent lows. This simultaneous shift suggests potential capital reallocation among risk assets, highlighting evolving market dynamics.
Read MoreLiandong Technology has acquired 100% of Northstar Technologies for $10 million via its Hong Kong subsidiary. The move aims to introduce core storage test equipment technology and products to the domestic market, filling a key gap in its portfolio and enhancing its integrated solution capabilities.
Read MoreEast Money has invested 200 million yuan of its own capital into the Shanghai Yunfeng Yuancheng Private Equity Fund. With a target size of 3 billion yuan, the fund focuses on hard tech and emerging technologies. This financial investment aims to capture growth opportunities in cutting-edge sectors.
Read MoreBulgarian Prime Minister Radev announced reservations on the EU's 21st sanctions package against Russia, stressing the need to protect national economic interests. While supporting Ukraine's postwar reconstruction, he rejected measures that could escalate the conflict.
Read MoreDeutsche Bank analyzes Meta's plan to sell AI computing power as a strategy to commercialize non-core infrastructure, potentially generating up to $30 billion in new revenue by 2027 and reshaping its investment narrative.
Read MoreJPMorgan's latest report reveals that June saw simultaneous increases in large model usage, API spending, and GPU rental prices, indicating sustained expansion in AI infrastructure demand. Despite a year-on-year decline in model token prices, the substantial growth in usage has more than offset this, improving unit economics for model providers.
Read MoreSamsung is investing ~$45 billion in South Korea's Yeongnam region to build a global physical AI cluster. The plan focuses on humanoid robots, solid-state batteries, AI server packaging, and high-value shipbuilding, aiming to merge AI with manufacturing and create 200,000 jobs.
Read MoreKioxia and SanDisk have reportedly initiated mass production of their 10th-generation 3D flash memory at the Kitakami Fab2 plant in Japan. This move signifies a key step in scaling advanced storage technology for future market demands.
Read MoreChina's central bank and other regulators have released draft rules requiring financial institutions to set cybersecurity protection levels, conduct regular assessments, and strengthen personal data security. The guidelines encourage use of national identity verification services to enhance industry-wide safeguards.
Read MoreBank of America has revised its year-end 2026 target for the STOXX 600 index upward from 590 to 630 points. This upgrade signals growing confidence in European corporate earnings and the broader economic outlook, offering a key directional signal for investors.
Read MoreBinance has added 15 bStocks tokenized securities, such as NVIDIA and Tesla, as eligible collateral for cross-margin and Unified Accounts. This expansion provides users with more flexibility to use popular stock tokens as margin for leveraged trading.
Read MoreDigital China's subsidiary Shenzhou Kuntai has won a Huawei AI computing server procurement project from a major state-owned bank, valued at approximately 371 million yuan. The super-node server deal is expected to significantly boost the company's IT innovation and overall performance.
Read MoreChina's financial regulator has taken control of Zhongbang Bank due to serious credit risks. The move aims to protect depositors' interests and stabilize the banking sector, highlighting intensified oversight amid economic pressures.
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