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Italy's PPI rose 8.8% year-on-year in April, up from 5.40% in the previous month.

2026-05-28

Italy's PPI rose 8.8% year-on-year in April, up from 5.40% in the previous month.

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2026-05-28

Xpeng (09868.HK) faces its largest production challenge after a steep limited-time price cut for the GX. The model’s presale was 399,800 yuan; the time-limited starting price was set at 269,800 yuan, a 130,000-yuan reduction. Xpeng reported confirmed

Xpeng (09868.HK) faces its largest production challenge after a steep limited-time price cut for the GX. The model’s presale was 399,800 yuan; the time-limited starting price was set at 269,800 yuan, a 130,000-yuan reduction. Xpeng reported confirmed orders of more than 26,800 units within 12 hours. Dealer data show average new orders of 30–50 per store within 72 hours and store visits up about 300% versus normal. Xpeng’s product head said overall GX delivery windows are already over eight weeks; top-spec electric flagship variants are at 15–17 weeks. The GX line is at Xpeng’s Guangzhou Huangpu South manufacturing base; the line was installed this Lunar New Year and pre-produced roughly 1,000–2,000 units. Inspectors observed 186 GX units produced at the plant on the day of the visit. A plant employee said, barring setbacks, the 26,800 orders taken in 12 hours could be completed before July. Xpeng plans a June ramp to a daily GX output of 300–400 units and has set a June production target of 7,000 units; management reportedly ordered completion under the threat of mandatory overtime, calling it "a death order."
2026-05-28

The holdings of the world's largest gold ETF, SPDR Gold Trust, remained unchanged from the previous day, currently standing at 1,034.853 tons.

The holdings of the world's largest gold ETF, SPDR Gold Trust, remained unchanged from the previous day, currently standing at 1,034.853 tons.
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