At Summer Davos 2026, CATL founder Zeng Yuqun said China’s grid and energy system are sufficiently developed and incremental electricity demand from new AI data centers is small relative to total power consumption. The key issue is fuel mix: whether data centers run on fossil fuels or renewables. Treating data centers as a new category supplied primarily by renewables would pose challenges because of the land needed for PV, wind and energy storage. China’s requirement that new data centers use 8

The International Maritime Organization on the 23rd launched an evacuation plan for more than 11,000 seafarers stranded in the Strait of Hormuz. Secretary-General Domingues said the IMO will coordinate with Iran, Oman, the United States and the shipping industry, has secured required safety guarantees and completed checks of navigation conditions to enable the operation, and welcomed a US‑Iran memorandum of understanding as an important step toward restoring regional maritime security and ending attacks on civilian vessels.

Ernst & Young's June 24 report on mainland China and Hong Kong IPO markets shows that in 1H 2026 A-share listings saw no first-day price declines and averaged a 233% first-day return, the highest in five years. Hong Kong listings averaged a 61% first-day return, with a 12% first-day loss rate for new issues, the lowest in five years.