Hong Kong-listed Fengcheng Holdings (02295.HK) resumed trading today, surging over 145% after receiving a mandatory unconditional cash offer from Lvsheng Global Energy for total consideration of HK$196 million.

On July 2, 2026, the Beijing Municipal Bureau of Economy and Information Technology and the United Nations Industrial Development Organization (UNIDO) signed a joint statement to institutionalize strategic cooperation on Beijing's industrial development, innovation and digitalization. The agreement creates a long-term framework focused on information exchange, experience sharing, industrial collaboration, capacity building and technology transfer, explicitly linking Beijing's industrial digitalization with UN sustainable industrial development efforts. Two priority tasks are establishing a Global Center of Excellence for Intelligent Manufacturing and Robotics and deepening participation in the Global Digital Economy Conference, including support for the Global Digital Economy Cities Alliance.

Brazil's planning minister says government spending pressures show no significant signs of easing.