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China's ChiNext index early-session losses widened to 4%, led by declines in glass-substrate, memory-chip and advanced-packaging stocks.

2026-07-02

China's ChiNext index early-session losses widened to 4%, led by declines in glass-substrate, memory-chip and advanced-packaging stocks.

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2026-07-01

Fed chair Kevin Warsh said investors should rely on incoming economic data to judge whether the Fed will raise rates and offered no hint of a July rate hike. He reiterated opposition to forward guidance and said he prefers limited public signaling by

Fed chair Kevin Warsh said investors should rely on incoming economic data to judge whether the Fed will raise rates and offered no hint of a July rate hike. He reiterated opposition to forward guidance and said he prefers limited public signaling by officials, warning excess commentary can confuse markets. Warsh, nominated by Trump and installed in May, is less likely than Powell to speak bluntly on policy.
2026-07-01

As of June 30, Beijing's 'Specialized, Refined, Distinctive and Innovative' The board counted 1,519 firms, surpassing the plan's phase target of 1,500. Cumulative equity financing for these board companies has exceeded 70 billion yuan, with Beijing l

As of June 30, Beijing's 'Specialized, Refined, Distinctive and Innovative' The board counted 1,519 firms, surpassing the plan's phase target of 1,500. Cumulative equity financing for these board companies has exceeded 70 billion yuan, with Beijing leading the country in enterprise financing scale and policy support. The cohort comprises 418 innovation-oriented SMEs, 727 specialized-and-new SMEs and 218 'Little Giant' firms. Roughly 90% of firms are clustered in frontier sectors: new-generation IT, software and IT services, artificial intelligence, biopharma, smart manufacturing, new energy and advanced materials.
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