BofA Securities says China’s AI development is moving from policy vision to commercial reality. The bank notes that, despite gaps in advanced hardware, domestic tech capability and application adoption are rising. Gains in model efficiency and system optimization could enable commercial deployment ahead of full technological self-sufficiency. BofA adds that technological progress and high-profile listings may broaden China’s investable AI universe, creating diversified commercial opportunities f

市場消息：消息人士稱，意大利計劃維持承諾，確保今年財政赤字率低於歐盟3%的上限，2025年爲3.1%。

Wuhan municipal committee met on the 22nd to advance high‑quality integrated circuit industry development. The city pledged to cultivate IC clusters and fully support Yangtze Memory Technologies and other leading firms to raise capital and expand capacity, while nurturing specialized, refined and innovative SMEs and promoting integrated innovation across large, medium and small firms. Wuhan said it will intensify investment attraction under the Wutongshu Plan, targeting core IC development directions to recruit upstream and downstream suppliers. The city will strengthen innovation resources and back universities and tech firms to tackle frontier technologies, leveraging the National Advanced Storage Industry Innovation Center, Jiufengshan Laboratory and Jiangcheng Laboratory to accelerate local commercialization and industrialization of research outcomes.