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The China Merchants Semiconductor Equipment ETF rose more than 5%, with its major holding, AMEC, rising nearly 6%.

2026-07-09

The China Merchants Semiconductor Equipment ETF rose more than 5%, with its major holding, AMEC, rising nearly 6%.

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2026-07-09

China's State Council issued the "15th Five" Carbon Peak Action Plan, directing deeper marketization of power tariffs and implementation of a renewable sustainable development price-settlement mechanism and a nearby-consumption pricing mechanism for

China's State Council issued the "15th Five" Carbon Peak Action Plan, directing deeper marketization of power tariffs and implementation of a renewable sustainable development price-settlement mechanism and a nearby-consumption pricing mechanism for renewables. For projects whose main function is transmitting clean energy or grid interconnection, authorities will explore two-part tariffs or single-capacity tariffs and promote remote desert/Gobi/barren-land renewable bases to participate in market trading as unified entities. The plan calls for refining generation-side capacity pricing and orderly establishment of reliable capacity compensation for generators. It mandates retail price mechanisms that reflect time-of-use value differentials, exploration of demand-response pricing that reflects flexibility to unlock user-side adjustment, and accelerated heating metering reform and rollout of metered heating charges.
2026-07-09

Ukrainian President Zelensky: The Ukrainian military has struck Russian oil reserves in the Tver and Stavropol regions.

Ukrainian President Zelensky: The Ukrainian military has struck Russian oil reserves in the Tver and Stavropol regions.
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