CHINA MARKET WATCH

AIUnitree Robotics Surges 630% on Shanghai Debut as Record IPO Fuels Humanoid Robotics Optimism

AIBaidu’s AI Revenue Surpasses Half of Core Business for Second Consecutive Quarter, New Engines Gain Scale

BondChina’s 10-Year Treasury Futures Hit New High as Amortized-Cost Bond Funds Reopen After Five-Year Hiatus

StockChina Eases Access for Insurance Funds to Southbound ETF Connect, Expanding Cross-Border Asset Allocation Channels

AerospaceSpacesail Raises Nearly RMB 7 Bn as China’s Commercial Satellite Internet Race Accelerates

AICATL Moves into AIDC Ecosystem, Positioning for the Next Major Power Demand Market

Hong Kong Banks Tighten Compliance Checks on Mainland Investors’ Existing Investment Accounts

A-Share Margin Financing Rebound Signals Sentiment Recovery, Technology Leverage Risks Remain

AutoGeely Automobile Begins Founder-to-Professional Management Transition as Li Shufu Steps Down

AISenseTime Turns Profitable for the First Time Amid Shift from AI Price Wars to Commercialization

InsuranceChinese Insurance Funds’ Equity Allocation Hits New High, Stock and Fund Holdings Rise Nearly RMB 700B in 1H26

ConsumptionChina’s Value Supermarket Race Accelerates as JD.com, Meituan and Hema Expand Hard-Discount Formats

CommodityChina’s Spot Polysilicon Prices Surge as Anti-Involution Campaign Deepens

PharmaChina’s Innovative Drug Stocks Diverge After Sharp Rebound, Sustainability Requires Further Validation

IPOUnitree Robotics’ IPO Sparks Private “Dark Trading” Market Before Listing, Private Offers Surge