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June 12, 2026 — The Supreme People's Court upheld the Suzhou Intermediate People's Court's temporary injunction, maintaining a ban that prohibits Infineon's related gallium nitride (GaN) products from being sold, offered for sale or imported into Chi

2026-06-13

June 12, 2026 — The Supreme People's Court upheld the Suzhou Intermediate People's Court's temporary injunction, maintaining a ban that prohibits Infineon's related gallium nitride (GaN) products from being sold, offered for sale or imported into China effective immediately. On May 27 the Suzhou court found Infineon infringed two of Innoscience's core GaN invention patents, ordered an immediate cessation of sales, offers to sell and imports, and awarded Innoscience 10 million yuan in damages; the Supreme People's Court ruling finalizes the patent case.

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2026-06-12

Shanghai Composite rose 1.12% at close, Shenzhen Composite gained 0.75% and the ChiNext Index was up 0.50% after opening the session higher; ChiNext initially climbed over 2% before retreating intraday. Commercial aerospace names posted multiple limi

Shanghai Composite rose 1.12% at close, Shenzhen Composite gained 0.75% and the ChiNext Index was up 0.50% after opening the session higher; ChiNext initially climbed over 2% before retreating intraday. Commercial aerospace names posted multiple limit-ups, including Chenxi Aviation, AVIC Gaoke, AVIC Xifei, Aero Engine Technology and Zhongtian Rocket. Industrial metals saw a wave of limit-ups (about 10 stocks), led by Tongling Nonferrous and China Molybdenum. Broker dealers strengthened with Caida Securities and BOC Securities hitting daily limits. Outperforming sectors included insurance, nonferrous metals, gold, AI-driven pharmaceuticals, lithium, retail and paper; laggards included MLCC, helium, industrial gases, advanced packaging, CPO, photoresist and optical-fiber themes. Combined turnover on Shanghai and Shenzhen totaled 3.21 trillion yuan, about 662.9 billion yuan higher than the previous session. Approximately 3,900 stocks rose and 1,500 fell.
2026-06-13

Shanghai Gold Exchange Gold T+D closed up 1.22% at 919.5 yuan/gram in the June 12 evening session; Shanghai Gold Exchange Silver T+D closed up 3.57% at 16,420 yuan/kg.

Shanghai Gold Exchange Gold T+D closed up 1.22% at 919.5 yuan/gram in the June 12 evening session; Shanghai Gold Exchange Silver T+D closed up 3.57% at 16,420 yuan/kg.
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