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ECB Governing Council member Dorenz: Service sector inflation is stubborn and difficult to manage.

2026-06-12

ECB Governing Council member Dorenz: Service sector inflation is stubborn and difficult to manage.

Other News
2026-06-12

1. Two departments summoned and warned automakers suspected of irrational competition. 2. Guangzhou: Fully promoting the implementation of major projects in intelligent connected and new energy vehicles, artificial intelligence, semiconductors and i

1. Two departments summoned and warned automakers suspected of irrational competition. 2. Guangzhou: Fully promoting the implementation of major projects in intelligent connected and new energy vehicles, artificial intelligence, semiconductors and integrated circuits, and low-altitude economy. 3. Cui Dongshu of the China Passenger Car Association: The average price of new energy passenger vehicles in May was 169,000 yuan, an increase of 7,000 yuan year-on-year. 4. Geely Galaxy responded to automakers' focus on the World Cup: Increasing investment in sports marketing. 5. Xiaomi Automotive Technology Co., Ltd. increased its range-extended electric passenger vehicle product range. 6. Guangzhou's automotive industry achieved 100% domestic design of vehicle chips. 7. General Motors plans to abandon the lithium iron phosphate battery route and focus on lithium-rich manganese-based battery technology. 8. Li Auto, China Automotive Technology and Research Center (CATARC), and others established an advanced technology standard research group for intelligent chassis to promote research on drive-by-wire chassis technology and standards. 9. Changan Automobile responded to the listing and transfer of its 40% stake in Changan Ford New Energy: A normal structural adjustment at the shareholder level; there is no so-called "sale at a 40% discount". 10. Chery Automobile and Yinwang signed a strategic cooperation agreement to deepen cooperation on technologies such as Level 3 and Level 4 autonomous driving. 11. Porsche CEO confirmed: There will be no all-electric version of the 911 sports car. 12. Alphabet's self-driving car company Waymo will launch a $30 monthly membership plan. 13. US automotive parts and powertrain supplier Dana will merge with Eaton's Mobility business.
2026-06-12

The deputy director of the CSRC's Shanghai bureau said the '1+6' package deepening STAR Market reform — including a new Sci‑Tech Growth tier and restarting a fifth set of listing standards to permit unprofitable companies — is aimed at boosting marke

The deputy director of the CSRC's Shanghai bureau said the '1+6' package deepening STAR Market reform — including a new Sci‑Tech Growth tier and restarting a fifth set of listing standards to permit unprofitable companies — is aimed at boosting market inclusivity and better serving tech innovation. He said the STAR Market added 37 ETFs over the past year, now totaling more than 120 funds with aggregate assets of about CNY 240 bln, and that nearly half of holdings are with long‑term investors as the influence of "patient capital" grows.
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