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Lianxun Instruments rose as much as 11% intraday, reaching a record high of 2,628 yuan per share.

2026-06-24

Lianxun Instruments rose as much as 11% intraday, reaching a record high of 2,628 yuan per share.

Other News
2026-06-23

Seasonally weak Q2 consumer demand and earlier resource-driven finished-goods price hikes have eroded acceptance of high-priced memory; large-cap SSD and embedded eMMC shipments face acute pressure. Primary suppliers are struggling to push further re

Seasonally weak Q2 consumer demand and earlier resource-driven finished-goods price hikes have eroded acceptance of high-priced memory; large-cap SSD and embedded eMMC shipments face acute pressure. Primary suppliers are struggling to push further resource-price increases. Since mid-late March spot NAND wafer trade prices have reversed lower; small traders with liquidation pressure are undercutting offers and several wafer types have fallen back to late-January levels. Reflecting spot trade moves, 512Gb TLC wafer price cut to USD22.5 per wafer and 1Tb QLC wafer to USD26.5 per wafer.
2026-06-24

Multiple private fund managers said they received notices from cooperating brokerages overnight instructing them to suspend additions to managers' cross-border TRS (total return swap) exposure. TRS lets funds capture returns on overseas assets withou

Multiple private fund managers said they received notices from cooperating brokerages overnight instructing them to suspend additions to managers' cross-border TRS (total return swap) exposure. TRS lets funds capture returns on overseas assets without moving principal offshore. The move follows a May CSRC-led, eight-agency implementation plan illegal targeting cross-border securities and futures fund operations and recent enforcement actions against brokers including Tiger Brokers, Futu Holdings and Longbridge Securities. After a strong run in global tech this year, many private funds had been using cross-border TRS to increase overseas tech exposure; the notice halts new TRS scale increases.
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