CHINA MARKET WIRE

GoldGold Prices Hit Record Highs, Many Chinese Gold Mining Companies See H1 Profits Double

PowerChina’s Big Five Power Generators Post Highest H1 Profits in Nearly a Decade, Face “Double Drop” in Price and Volume

AIMeituan Enters Open-Source AI Race with 560-Billion-Parameter Large Model

Real EstateTop 100 Chinese Property Developers’ Sales Remain Low in Aug Despite Policy Easing in Major Cities

AIGoldman Sachs Raises Cambricon’s Target Price for Second Time in a Week, but Its “Stock King” Crown Remains Unsteady

Hong Kong StocksSeveral International Investors Ramp Up Purchases of Chinese Assets as Hong Kong Stocks Extend Rally

AutoNIO Standardizes 100 kWh Battery Across All Models, Effectively Slashes Prices to Boost Sales

CoalChinese Coal Companies Mostly See Profit Decline in H1 as Domestic Coal Prices Fall

Alibaba Concept Surges on Advances in AI and Cloud Computing

SemiconductorHua Hong Semiconductor to Acquire Huali Micro, Consolidating Mature Process Capacity

SemiconductorChina’s Top Chipmaker SMIC to Issue New Shares to Acquire 49% of SMIC North, Strengthening Control Over Mature-Process Chips

Huawei’s H1 Net Profit Slides 32% as Heavy Investment in Core Technologies Weighs on Earnings

LithiumChina’s Lithium Carbonate Futures Decline Further as Bearish Sentiment Intensifies

Alibaba Q2 Revenue Misses Forecasts, Food Delivery Battle Drags Profit Down 18%

Alibaba E-Commerce Head Jiang Fan Details Taobao Flash Sale Strategy For First Time, Expects 1 Tn Yuan Incremental Transactions