CHINA MARKET WIRE

AIBaidu Unveils X1.1 Reasoning Model, Rivals OpenAI and Google in AI Race

Food DeliveryChina’s Top Market Regulator Reaffirms Stance Against Malicious Subsidies Amid Food Delivery Price War

Alibaba Reported to Launch New Group-Buying Product and Review System, Potentially Reshaping Local Lifestyle Market

OilSinopec and Saudi Aramco Inaugurates 71.1 Bn Yuan Gulei Phase II Petrochemical Project

Xiaomi Dismisses China Marketing Head Wang Teng Over Confidential Information Leak Allegations

SemiconductorSMIC Resumes Trading After Announcing Asset Acquisition Plan, A-Share Plunges Nearly 9%

AIResearch Underway on “AI + Manufacturing” Special Action Plan, Says Industry Ministry

Morgan Stanley Stays Bullish on Pop Mart Despite Labubu Secondary Market Price Plunge

Hong Kong StocksHong Kong Stocks See HK$10 Bn Southbound Fund Inflows Again; YTD Inflows Top HK$1 Tn

Chinese Optical Module Giant Zhongji InnoLight’s Stock Tumbles on Market Controversy; RMB 25 Bn Profit Forecast Under Fire

Hog FarmingChina’s Live Hog Prices Hit Lowest This Year in Aug, Leading Producer Muyuan’s Profits Retreat from Peak

A-sharesChina’s Solar and Energy Storage Rally Continues Amid Cell Shortages and Strong Overseas Demand

Pop Mart Tumbles Despite Hang Seng Incision, Market Value Plunges Nearly HK$30 Bn as Labubu Secondary Prices Collapse

SatelliteChina Unicom Receives License for Satellite Mobile Communication, Boosting Satellite Internet Stocks

AIShanghai Unveils Major Policy to Boost “AI + Digital Advertising” Innovation