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China Software International (00354.HK) rose more than 4% after the company signed a RMB 1 billion sales agreement for high-end AI computing power equipment.

2026-06-10

China Software International (00354.HK) rose more than 4% after the company signed a RMB 1 billion sales agreement for high-end AI computing power equipment.

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2026-06-10

According to Iran's Mehr News Agency, an explosion was heard in the port of Bandar Abbas.

According to Iran's Mehr News Agency, an explosion was heard in the port of Bandar Abbas.
2026-06-10

China PPI rose 0.5% MoM in May, slowing 1.2 ppt from April. Industrial upgrading and equipment replacement pushed black metal smelting & rolling prices up 1.2% MoM. Accelerating electrification and AI-driven compute demand boosted nonferrous metal, e

China PPI rose 0.5% MoM in May, slowing 1.2 ppt from April. Industrial upgrading and equipment replacement pushed black metal smelting & rolling prices up 1.2% MoM. Accelerating electrification and AI-driven compute demand boosted nonferrous metal, electrical machinery and computer-related prices: nonferrous metal smelting & rolling +1.1% MoM (tin smelting +4.8%, copper smelting +3.1%); computer, communications & other electronic equipment manufacturing +0.6% (IC packaging & testing +2.9%; external storage devices & components +1.9%); electrical machinery & apparatus manufacturing +0.5% (optical fiber manufacturing +8.0%; wire & cable +1.2%). Seasonal demand supported additional sector gains. Volatility in international crude has transmitted to domestic industries, causing some prices to decelerate or shift from rises to declines.
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