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Chinese Solar Giant Longi Reports Deeper Net Loss in First Half
Longi Green Energy Technology Co. joined other Chinese solar producers in reporting a first-half loss that widened from a year earlier, underscoring a downturn in the sector that has lasted for more t
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Huaxia Bank's H1 revenue increased by 12.71% to 51.308 billion yuan, but net profit fell by 18.35% to 9.365 billion yuan, due to a 58.49% surge in asset impairment provisions.
Huaxia Bank's 2026 interim report shows that its operating revenue for the first half of the year reached 51.308 billion yuan, a year-on-year increase of 12.71%. Net profit attributable to shareholder
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China Everbright Bank's net profit fell 24.01% in the first half of the year, with loan write-offs and disposals approaching the full-year total of last year.
China Everbright Bank disclosed its semi-annual report for 2026 on the evening of August 28. In the first half of the year, the bank achieved a net profit attributable to shareholders of RMB 18.711 bi
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UBS's Inaugural Report Details Unitree Robotics: Significant Lead in Humanoid Robot "Cerebellum + Body" Technology, Global Shipments Expected to Rank First by 2025
UBS issued its first coverage report on Unitree Robotics on August 28th, highlighting the company's significant lead in humanoid robot motion control ("cerebellum") and execution performance ("body")
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China's central bank and two other departments have extended the maximum term for individual housing loans to 40 years, promoted the sale of existing homes, and supported real estate enterprises in refinancing.
China's central bank and the National Financial Regulatory Administration (NFRA) jointly issued new real estate credit management rules, extending the maximum term for individual housing loans from 30
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CITIC Bank's transaction settlement volume reached 106.42 trillion yuan in the first half of 2026, a year-on-year increase of 14.94%.
The bank is implementing a "3-3 strategy," designating payment and settlement, cross-border services, and digitalization as its three leading capabilities. It aims to adjust the client engagement sequ
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BYD posts US$1.2 billion net profit in Q2, up 30% YoY, ending five-quarter losing streak
China's electric vehicle (EV) giant BYD reported a net income of 8.2 billion yuan (US$1.2 billion) for the second quarter (April to June), marking a 30% year-on-year increase and ending a five-quarter
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Trump Administration is working on an AI rule to curb China's remote access to chips, The Information reports.
Trump Administration is working on an AI rule to curb China's remote access to chips, The Information reports.
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The new generation IM L6 has officially launched, with a starting price of 199,900 yuan, including launch benefits. All models come standard with a full-line chassis, 800V platform, and intelligent four-wheel steering.
The new generation IM L6 officially launched on August 28th, with a starting price of 199,900 yuan including launch benefits. The new car comes standard with a full steer-by-wire chassis, an 800V high
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China Merchants Bank released its semi-annual report: H1 revenue was 178.181 billion yuan, a year-on-year increase of 4.83%; net profit attributable to the parent company was 76.445 billion yuan, a year-on-year increase of 2.02%.
China Merchants Bank recently released its semi-annual report for 2026. The report shows that in the first half of the year, the bank's net interest income reached 112.022 billion yuan, a year-on-year
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Net profit of Montage Technology increased by 72.3% to RMB 1.997 billion in the first half of the year, with revenue growing by 26.7% to RMB 3.335 billion. AI demand drove record performance in interconnect chips.
Montage Technology's 2026 interim report shows that the company's Q2 revenue reached RMB 1.875 billion, a 28.3% increase quarter-over-quarter; net profit attributable to parent company was RMB 1.150 b
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China Construction Bank's net profit increased by 5.56% year-on-year to 171.677 billion yuan in the first half of the year, with net interest margin rebounding to 1.37%.
China Construction Bank announced its semi-annual results for 2026, achieving operating income of 426.333 billion yuan in the first half of the year, a year-on-year increase of 10.48%. As of the end o
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Bank of China's total assets exceeded 40 trillion yuan in the first half of the year, with net interest margin stabilizing and rebounding to 1.27%.
Bank of China announced its interim results for 2026. As of the end of June, the Group's total assets reached RMB 40.19 trillion, an increase of 4.77% from the end of last year. In the first half of t
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Inspur Information, China's leading server manufacturer, reported a 269.59% year-on-year increase in net profit to RMB 2.952 billion in the first half of the year, with operating revenue growing by 5.22% to RMB 84.379 billion, driven by the surge in demand for AI servers.
Inspur Information, China's leading server manufacturer, reported a 269.59% year-on-year increase in net profit to RMB 2.952 billion in the first half of the year, with operating revenue growing by 5.
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BYD's H1 revenue fell 7.13% year-on-year to 344.815 billion yuan, with net profit down 20.54% year-on-year to 12.325 billion yuan, but gross margin rose to 18.85%.
BYD announced its 2026 interim results today, with both revenue and net profit declining, primarily dragged down by its automotive business. However, the company's gross profit margin bucked the trend
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Ganfeng Lithium's H1 revenue reached 23.097 billion yuan, a year-on-year increase of 175.75%, with net profit turning from loss to profit at 4.257 billion yuan.
Ganfeng Lithium disclosed its 2026 semi-annual report on August 28. Benefiting from the rebound in sales prices of its lithium series products and the growth in lithium battery sales, the company achi
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CXMT LPDDR6 chips have been sampled to key customers for verification, with a peak speed of 12800Mbps.
China's memory chip manufacturer CXMT has made new progress with its self-developed LPDDR6 chip. The product achieves a peak speed of 12800Mbps and a maximum capacity of 16GB through architectural inn
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CXMT's H1 revenue reached 150.3 billion yuan, a year-on-year increase of 873.6%, with net profit significantly turning around to 77.6 billion yuan.
Changxin Memory Technologies (CXMT), China's leading storage chip manufacturer, announced its financial results for the first half of 2026, reporting operating revenue of RMB 150.31 billion, an increa
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GENERATE Semiconductor's H1 revenue surged by 351.40% year-on-year to 925 million yuan, with net profit soaring by 1212.20% to 607 million yuan.
Source Technology released its financial report for the first half of 2026, with revenue and net profit both achieving multi-fold growth. Among them, revenue from the data center business reached 774
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China unveils measures to overhaul home sales, pushing developers to offer completed properties instead of pre-sales model
China unveils measures to overhaul home sales, pushing developers to offer completed properties instead of pre-sales model
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Agricultural Bank of China's net profit for the first half of the year was 148.1 billion yuan, a year-on-year increase of 5.8%. Broad-based financing increased by over 3.2 trillion yuan.
Agricultural Bank of China released its 2026 interim results report. As of the end of June, the bank's total assets reached RMB 51.06 trillion, with operating income of RMB 411.1 billion, a year-on-ye
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China Life Property & Casualty provided risk protection of 13.7 trillion yuan to 126,800 tech companies in the first half of the year.
According to data from China Life Property & Casualty Insurance Company for the first half of 2026, the company has developed over twenty new tech insurance products focusing on life sciences, embodie
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Chinese AI company MiniMax has increased its three-year cloud computing procurement cap with Alibaba by 220% to $1.2 billion to meet surging AI hashrate demand.
The Shanghai-based company plans to spend up to $300 million on Alibaba Cloud services this year, nearly triple its initial cap of $115 million, after having used two-thirds of that budget by the end
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China Life's H1 revenue surged 81.5% to 434.3 billion yuan ($64.6 billion), net profit rose over 228% to 134.5 billion yuan, as it plans to boost investment in AI, chips, and biotech
China Life Insurance, the country’s largest life insurer, released its interim results on Thursday, showing record highs in both revenue and net profit. The company stated it will scale up investments
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Toyota Motor to begin producing extended-range EVs in China this spring, Nikkei reports
The move aims to broaden Toyota's lineup and secure a larger foothold in the world's biggest EV market, with long-distance models seen as a pillar of its electrification strategy.
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VW lowers operating margin forecast due to China decline, overhaul costs, and Porsche AG writedown
Volkswagen AG cited a sharp contraction in the Chinese car market, costs related to its job-cutting plan, and a €6 billion ($6.9 billion) writedown on the value of its stake in Porsche AG as reasons f
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SK Group has transferred three vice chairmen to SK Hynix to address global chip business expansion and complex geopolitical landscapes.
SK Group has transferred three vice chairmen to its chipmaker SK Hynix, including So Jin-woo, who previously oversaw SK China, Yu Jeong-joon, who led North American operations, and Lee Hyung-hee. This
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The Shanghai Composite Index rose 1.01% today, now at 3,914.78.
The Shanghai Composite Index rose 1.01% today, now at 3,914.78.
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A-share's three major indices opened higher across the board, with the ChiNext Index rising 1.56%; Hong Kong's Hang Seng Tech Index rose 1.41%, and chip stocks strengthened across the board.
A-shares opened higher across the board this morning, with the ChiNext Index up 1.56%, led by sectors such as chips and semiconductors, hashrate hardware, and memory chips. The Hang Seng Tech Index in
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South Korean stocks opened up 2.24% on Friday, boosted by falling oil prices and easing inflation concerns following the Federal Reserve's interest rate hike.
The Korea Composite Stock Price Index (KOSPI) opened up 150.53 points, or 2.24%, at 6,865.94 points on Friday (9:15 AM KST). This followed an overnight rally on Wall Street, as falling oil prices and
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Leapmotor Chairman Zhu Jiangming stated that the company is engaged in platform-level cooperation with FAW and Stellantis, with one of the projects with FAW having already entered mass production.
Leapmotor Chairman Zhu Jiangming revealed to Wallstreetcn.com on September 17 that the technology Leapmotor developed for its own vehicles is now being incorporated into new cars of other brands. The
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Xi Jinping issued important instructions on the development of advanced manufacturing, emphasizing the continuous expansion and strengthening of the sector; Li Qiang deployed at the National Advanced Manufacturing Conference, taking new-generation intelligent manufacturing as the main direction of attack.
Xi Jinping, General Secretary of the Communist Party of China (CPC) Central Committee, Chinese President, and Chairman of the Central Military Commission, recently issued important instructions on dev
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China's AI film and television industry is accelerating towards industrialization: the Golden Rooster and Hundred Flowers Film Festival has established an independent AI film exhibition, and AIGC long-form content has landed in prime time on Hunan TV.
The China Golden Rooster and Hundred Flowers Film Festival launched its first independent AI Film Exhibition brand on September 14, announcing submission rules for AI works. Requirements include AI-ge
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China's A-share market saw the Shanghai Composite Index fall by 0.38% in early trading, with the biomedical sector surging. CRO and innovative drug stocks rose sharply. Hong Kong stocks, including the Hang Seng Index and Hang Seng Tech Index, both fell by over 1%, with major tech stocks generally declining.
On the morning of September 17, A-share major indices opened lower and then fluctuated downwards. The Shanghai Composite Index fell by 0.38%, the Shenzhen Component Index remained flat, and the ChiNex
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Hong Kong stocks fell 0.8% after the Federal Reserve raised interest rates and signaled further tightening, with the Hang Seng Tech Index down 0.5%; China's CSI 300 Index dropped 0.2%.
Hong Kong stocks fell 0.8% after the Federal Reserve raised interest rates and signaled further tightening, with the Hang Seng Tech Index down 0.5%; China's CSI 300 Index dropped 0.2%.
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One-quarter of China-listed companies posted net losses in H1 despite 20% overall profit growth, as AI demand boosted chipmakers while real estate and carmakers slumped.
One-quarter of China-listed companies posted net losses in H1 despite 20% overall profit growth, as AI demand boosted chipmakers while real estate and carmakers slumped.
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China's feed producer, Anyou Biotechnology, is making its third attempt at an IPO on the Shenzhen Stock Exchange's main board, aiming to raise 810 million yuan. Its eldest daughter, Hong Wanling, serves as chairperson but does not hold a controlling stake.
Aonong Biotechnology Group Co., Ltd., a Chinese feed producer, recently disclosed its first round of audit inquiry responses, continuing its push for an IPO on the Shenzhen Stock Exchange's Main Board
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China's MetaX AI chip stock faces "significant selling pressure" as 14 million shares unlock on Thursday
Analysts expect MetaX Integrated Circuits to face "significant selling pressure" when the restricted shares are released for trading, following a similar lock-up expiry for fellow AI chip firm Moore T
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Horizon Robotics' Journey chips have shipped over 15 million units cumulatively, and the "Xingkong" chip for integrated cockpit and autonomous driving will enter mass production in October.
Horizon Robotics founder and CEO Yu Kai announced that cumulative shipments of Journey chips have exceeded 15 million units, with the 15 millionth chip to be featured in the FAW-Volkswagen ID. AURA T6
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Hong Kong and mainland stocks rise, led by tech shares, snapping four-day losing streaks ahead of Fed decision
Hong Kong's Hang Seng Index rose 0.2% to 24,713, with the tech index up 0.8%. Mainland China's Shanghai Composite Index gained 0.71% to 3,891, and the ChiNext Composite index surged 1.96% to 3,311, dr
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CATL, China's battery giant, saw its stock price fall 10% over two days, marking its largest drop in nearly a year, as investors grew concerned about its Q3 outlook and rumors of production cuts.
CATL, China's battery giant, saw its stock price fall 10% over two days, marking its largest drop in nearly a year, as investors grew concerned about its Q3 outlook and rumors of production cuts.
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On September 16, the three major A-share indices all fell during the morning session, while the STAR 50 index bucked the trend and rose by more than 1%; Hong Kong stocks opened higher but closed lower, with both the Hang Seng Index and the Hang Seng Tech Index posting declines.
A-shares fluctuated downwards in early trading, with the Shanghai Composite Index down 0.26%, the Shenzhen Component Index down 0.34%, and the ChiNext Index down 0.14%. The STAR 50 Index bucked the tr
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Harmony Intelligent Mobility Alliance (HIMA) announced adjustments to the AITO brand's cooperation model, with Seres to lead product definition, design, marketing, retail, and service systems.
On September 15, Harmony Intelligent Mobility Alliance announced that the AITO brand will explore a new model under the cooperation framework, with SERES leading product definition, product design, br
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China's auto sales in August fell 5.1% year-on-year to 2.712 million units.
Global sales of China-made vehicles, including exports, fell 5.1% year-on-year to 2.712 million units in August 2026, according to data from the China Association of Automobile Manufacturers (CAAM). D
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China's top iron and steel industry body has called on domestic mills to rein in production and reduce inventories as oversupply and weak demand weigh on the market.
China's top iron and steel industry body has called on domestic mills to rein in production and reduce inventories as oversupply and weak demand weigh on the market.
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Hong Kong and mainland stocks fall as AI rebound fails to offset losses, mixed August data points to weak domestic demand
The benchmark Hang Seng Index closed down 1% at 24,667 points, while the Shanghai Composite Index fell 0.54% to 3,864 points. Losses were attributed to persistently weak domestic demand, despite a mil
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ByteDance CEO Liang Rubo personally endorsed the move, announcing the integration of Doubao, Feishu, and Volcano Engine, fully committing to the AI office market.
At the "2026 Feishu Future Unlimited Conference and Doubao Work Kick-off Meeting" on September 15, Liang Rubo stated that Agent, models, and collaborative environments must be tightly integrated to tr
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China's Benchmark Crude Oil Futures Hit Record High
Yuan-priced crude futures in China rallied to their highest level on record, driven by the shutdown of an oil pipeline in Saudi Arabia, which hurt global supplies, and increased cargo purchases by ref
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Key Differences Between US and A-Share Markets: A Five-Core Mechanism Analysis
The U.S. stock market holds a significant position in global financial markets due to its unique trading mechanisms. This article will delve into five core characteristics of U.S. stocks: no daily price limits, T+0 trading, T+1 settlement, circuit breakers, and short selling. Concurrently, the article will provide a detailed comparison of the significant differences between U.S. stocks and China's A-shares in terms of trading systems, investor structure, market regulation, and listed company composition, helping readers to fully understand the operational logic of both markets.
A-shares
24H Trending
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Turkish investment bank Tera Group collapsed, with $14 billion in funds liquidated. The Department of Justice characterized it as a "Ponzi-like scheme."
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"Crypto King" Barry Silbert is shifting DCG institutional capital towards AI token Bittensor (TAO), calling it the most exciting project since Bitcoin.
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After the UK sanctioned HTX, TRON Inc. began receiving TRX through an intermediary wallet funded by HTX.
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Nigerian Firms Seek Regulatory Approval to Attract African Investors for Dangote Refinery IPO
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Allen Media Group CEO Byron Allen Emphasizes Deleveraging After Company Loans Hit Low
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Radix blockchain suffers $1.3 million drain due to 3-year-old bug, forcing 10-day halt
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Musk Predicts: AI to Double US GDP Growth from ~2% to ~4% or Even Higher Next Year
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AI data center company Nscale has publicly filed for a U.S. IPO, seeking to raise up to $3 billion. NVIDIA holds over 5% of its shares, and it has secured a $45 billion lease commitment from Anthropic.
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90 million USDC (approximately $90 million) minted on-chain.
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Partners Group is exploring an €800 million ($917 million) fund to hold its private credit loans longer
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