Options analyst Bob Lang said improving market conditions, strong investor appetite for AI assets and a sentiment boost from SpaceX’s successful IPO could allow OpenAI to start an IPO as soon as this year rather than waiting until 2027. He said capital markets still show robust demand for high-quality AI companies, creating a viable listing window.

The Ministry of Industry and Information Technology and seven other ministries issued implementation opinions to promote high‑quality industrial internet development, urging enterprises to adopt 5G/5G‑A, time‑sensitive networking (TSN), industrial optical networks, edge computing, information modeling and open automation. The plan upgrades the "5G+ industrial internet" 512 project, calls to optimize industrial 5G spectrum supply and to adjust telecom business licensing rules to facilitate industrial 5G standalone private network deployment. It supports active, orderly construction of industrial 5G standalone private networks and deep cooperation between industrial firms, carriers and equipment manufacturers to reduce network deployment costs. The notice also encourages deployment of industrial equipment with embedded advanced communications modules to strengthen data collection and connectivity, pushes equipment renewal in key sectors to raise device connectivity rates, and calls for wider IPv6 adoption by accelerating software and hardware IPv6 upgrades and application innovation on industrial internet platforms.

At the close of 1H, 1,695 A-shares were up year-to-date across the Shanghai, Shenzhen and Beijing markets. Four stocks registered cumulative gains above 1,000% YTD: Lianxun Instrument +2,736.26%, C Zhenbao +144.72%, Dapu Micro +1,329.47% and Changjin Photonics +1,009.08%; their industries are general equipment, semiconductors, semiconductors and communications equipment respectively. A total of 377 stocks have gained 100% or more YTD.