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Large-model specialist Sun Tianxiang has joined Baidu as head of the Basic Model R&D Unit (BMU) and joined the Baidu Model Committee (BMC). His track record—from developing MOSS and proposing MaaS to subsequent entrepreneurship—is highly aligned with

2026-07-01

Large-model specialist Sun Tianxiang has joined Baidu as head of the Basic Model R&D Unit (BMU) and joined the Baidu Model Committee (BMC). His track record—from developing MOSS and proposing MaaS to subsequent entrepreneurship—is highly aligned with Baidu’s strategic investment in foundation models.

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2026-07-01

[Futures Hotspot Tracking] Lithium carbonate futures prices fluctuated more sharply, and the news of the resumption of production at Ningde lithium mine caused ripples. However, Zhongkuang Resources suspended production for maintenance to offset supp

[Futures Hotspot Tracking] Lithium carbonate futures prices fluctuated more sharply, and the news of the resumption of production at Ningde lithium mine caused ripples. However, Zhongkuang Resources suspended production for maintenance to offset supply. How will the lithium carbonate market perform in the second half of the year?
2026-07-01

Winners: South Korea’s KOSPI doubled in 1H (+100%), driven by AI flows and historic rallies in Samsung Electronics and SK Hynix. Taiwan’s weighted index rose ~60%, led by TSMC (+>55% over six months). Japan’s Nikkei climbed ~40%, powered by tech gain

Winners: South Korea’s KOSPI doubled in 1H (+100%), driven by AI flows and historic rallies in Samsung Electronics and SK Hynix. Taiwan’s weighted index rose ~60%, led by TSMC (+>55% over six months). Japan’s Nikkei climbed ~40%, powered by tech gains and a sharp yen depreciation that boosted exporter appeal to foreign buyers. Spot crude remained a top performer despite a pullback: WTI +~20% YTD, Brent +~20% YTD. US major indices posted solid gains: Nasdaq ~+13%, S&P 500 +9.5% 1H. The dollar index recovered from a low of 95.5 to close H1 above 101, up ~3% YTD. AUD/USD gained ~3.7% on Reserve Bank of Australia hikes and higher energy prices. Copper benefited from “compute metal” demand: LME 3M copper +7%, hitting a record ~$14,527/ton. Losers: Precious metals underperformed—spot gold -~7% YTD and more than $1,500 below its intra-year peak; spot silver -~18%; platinum -~24%; palladium -~25%. Yen weakness: USD/JPY +3.8% 1H, yen at a 40-year low and USD/JPY roughly +10% since last October’s change in Japanese leadership. Indonesia: Jakarta Composite Index down ~34% 1H severe amid political turmoil; rupiah was the weakest Asian currency YTD.
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