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Hainan provincial government issued its '15th Five‑Year' high‑tech industry development plan, making support for China’s ‘space‑power’ strategy a core objective. The accelerate plans construction of commercial launch sites to seed a full‑chain indust

2026-06-09

Hainan provincial government issued its '15th Five‑Year' high‑tech industry development plan, making support for China’s ‘space‑power’ strategy a core objective. The accelerate plans construction of commercial launch sites to seed a full‑chain industry cluster covering commercial launches, launch‑vehicle and satellite manufacturing and satellite applications, and aims to build rocket, satellite and data chains plus a 'space+' industry system, targeting 50 billion yuan in commercial space revenue by 2030.

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2026-06-09

CITIC Securities says macro factors have gained explanatory power for sector relative returns this year. The firm’s three-dimensional macro-state monitoring system, which maps index performance across macro regimes to drive an industry-themed ETF rot

CITIC Securities says macro factors have gained explanatory power for sector relative returns this year. The firm’s three-dimensional macro-state monitoring system, which maps index performance across macro regimes to drive an industry-themed ETF rotation strategy, has improved returns and stability versus stability prior iterations — annualized 15.6% since 2020 and 22% YTD. As of May 31, 2026, its high-frequency macro factors show growth and inflation marginally retreating while financial conditions continue to marginally improve. The model recommends shifting into sectors offering both growth sensitivity and dividend-defense; on macroeconomic metrics it favors central SOEs and energy, while macro-financial and international-finance signals point to media, cloud computing and telecoms.
2026-06-09

[Treasury Bond Futures Opening] The 2-year Treasury bond futures (TS) main contract fell 0.02%, the 5-year Treasury bond futures (TF) main contract fell 0.05%, the 10-year Treasury bond futures (T) main contract fell 0.06%, and the 30-year Treasury b

[Treasury Bond Futures Opening] The 2-year Treasury bond futures (TS) main contract fell 0.02%, the 5-year Treasury bond futures (TF) main contract fell 0.05%, the 10-year Treasury bond futures (T) main contract fell 0.06%, and the 30-year Treasury bond futures (TL) main contract fell 0.15%.
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