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STAR 50 Index slid over 2% in afternoon trade; constituents Cambricon and Yuanjie Technology fell more than 6%, while XinYuan and Shengyi Electronics dropped over 5%.

2026-07-01

STAR 50 Index slid over 2% in afternoon trade; constituents Cambricon and Yuanjie Technology fell more than 6%, while XinYuan and Shengyi Electronics dropped over 5%.

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2026-07-01

1. "Big Short" Michael Burry shorts AI and chip sectors. 2. US media: Internal divisions in Iran are jeopardizing peace talks. 3. Data shows that the UAE's oil exports hit a record high after leaving OPEC. 4. China National Space Administration: m

1. "Big Short" Michael Burry shorts AI and chip sectors. 2. US media: Internal divisions in Iran are jeopardizing peace talks. 3. Data shows that the UAE's oil exports hit a record high after leaving OPEC. 4. China National Space Administration: my country will establish a space-ground collaborative monitoring system for near-Earth asteroids. 5. Shenzhen's "Pengcheng Cloud Brain III" tops global storage performance rankings. 6. Institutions: Exacerbated capacity constraints and production cuts by major manufacturers in AI component manufacturing suggest that the price increase effect of mature wafer foundry processes will extend to 2027. 7. South Korean investors used ETFs to allocate Chinese assets in the first half of the year, with semiconductors, CSI 300, and telecommunications products being favored. 8. Global chip LOF premium exceeds 36%; the fund will be suspended from trading from the market opening on July 1st until 10:30 AM. 9. China-Korea semiconductor ETFs warn of high premium risk; the fund will be suspended from trading from the market opening on July 1st until 10:30 AM. 10. Fullgoal Nasdaq ETF warns of high premium risk: trading may be temporarily suspended. 11. Invesco Nasdaq Technology ETF has a 19% premium; trading will be suspended from the market opening on July 1st until 10:30.
2026-07-01

U.S. plans to permit supersonic aircraft to fly over land.

U.S. plans to permit supersonic aircraft to fly over land.
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