CHINA MARKET WIRE

China’s Silver Futures Hit Record High on Geopolitical Tensions, Solar Boom, and Valuation Tailwinds

Tencent Music Acquires Ximalaya for $1.26 Billion; Ximalaya Once Valued at Up to $4.3 Bn

Beijing Opens Door for HK-Listed GBA Firms to List in Shenzhen, Over 100 Companies Await A-Share Guidance

China’s Consumer Goods Trade-In Sales Surpass RMB 1 Tn in Jan – May, Market Urges Additional Bonds to Support Consumption

JD.com Quietly Pushes into Hotel and Travel Market to Challenge Meituan’s Stronghold

Foreign Capital Pours into Chinese Bond Funds for 12 Straight Weeks Despite Yield Gap

China’s Largest Domestic Compute Power Merger Complete – Hygon Information and Sugon Merge via Share Swap

China Ramps Up Social Investment – NDRC Signals Central Budget Hike, Eyes “Investment in People” Strategy

Global Institutions Affirm Confidence in China Assets; Goldman Sachs, Morgan Stanley, and UBS Stay Bullish

China Evergrande’s RMB 11.3 Bn in Distressed Assets Up for Sales Amid Accelerated Liquidation Efforts

Seazen Seeks to Restart Offshore Bond Sales, Leading China’s Private Developer Comeback – Source

China’s Jan-May Steel Exports Hit Record High, Rising 9% YoY, Shows Customs Data

Another Chinese Lithium Battery Giant Seeks Hong Kong Listing, EVE Energy Plans to Issue H-Shares to Power Global Expansion

Extended 618 Shopping Festival Struggle to Boost GMV, Meituan’s Instant Retail Shakes Up E-Commerce

Model Inference Service Startup SiliconFlow Secures Hundreds of Millions Yuan in Series A Funding, Led by Alibaba Cloud