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A-share innovative drug concept stocks rebounded, with Sinovac Biotech rising nearly 16%, and Baili Tianheng, Yue Wannianqing, Tonghua Jinma, and Kailaiying following suit.

2026-06-25

A-share innovative drug concept stocks rebounded, with Sinovac Biotech rising nearly 16%, and Baili Tianheng, Yue Wannianqing, Tonghua Jinma, and Kailaiying following suit.

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2026-06-25

On the 25th local time, Iran's foreign minister Araghchi and Oman's foreign minister minister Badr held a phone call to discuss recent developments in navigation through the Strait of Hormuz and a temporary 60-day transitional navigation arrangement.

On the 25th local time, Iran's foreign minister Araghchi and Oman's foreign minister minister Badr held a phone call to discuss recent developments in navigation through the Strait of Hormuz and a temporary 60-day transitional navigation arrangement. Both ministers stressed strengthening coordination, continuing bilateral consultations and advancing technical and expert-level cooperation to implement the arrangement.
2026-06-25

CHINA STATE PLANNER and the National Energy Administration issued the 15th Five-Year Plan for new energy system construction, calling for accelerated new grid development. The plan prioritizes outbound transmission from clean-energy bases, optimizati

CHINA STATE PLANNER and the National Energy Administration issued the 15th Five-Year Plan for new energy system construction, calling for accelerated new grid development. The plan prioritizes outbound transmission from clean-energy bases, optimization of sending-end generation mix, and upgrades to channel capacity, utilization efficiency and clean-power share. It targets roughly 40 GW of enhanced interregional complementary capacity across Central–South, Central–East, North China–East China and Central–Northwest corridors and seeks to consolidate a national grid framework based on regional synchronous grids with asynchronous interconnections. Distribution networks should be transformed into efficient source–grid–load–storage allocation platforms; by 2030 the plan aims to support about 900 GW of distributed clean-energy connections. The plan also pushes faster smart-grid rollout, intelligent dispatch systems to improve renewable consumption, and development of smart microgrids and direct green-power connections where appropriate.
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