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CPCA estimates June 2026 China new-energy passenger vehicle manufacturers' wholesale deliveries at 1.51 million units, up 22% YoY and 12% MoM. The pace outpaced the overall auto market, making new-energy vehicles the primary driver of passenger vehic

2026-07-02

CPCA estimates June 2026 China new-energy passenger vehicle manufacturers' wholesale deliveries at 1.51 million units, up 22% YoY and 12% MoM. The pace outpaced the overall auto market, making new-energy vehicles the primary driver of passenger vehicle growth and signaling the sector has entered a clear recovery after earlier adjustment.

Other News
2026-07-02

Since SpaceX's record IPO last month, investors have lacked sufficient analysts financial forecasts to value the stock. That will change from next Tuesday, when the quiet period for analysts at the IPO's lead underwriters — Goldman Sachs, Morgan Stan

Since SpaceX's record IPO last month, investors have lacked sufficient analysts financial forecasts to value the stock. That will change from next Tuesday, when the quiet period for analysts at the IPO's lead underwriters — Goldman Sachs, Morgan Stanley, BofA, Citigroup and JP Morgan, plus 18 other banks — expires. A wave of research reports, price targets and growth forecasts is expected to hit the market and should affect near‑term and multi‑year pricing. B. Riley Wealth chief market strategist Art Hogan said market discussion has focused on what the The company might become by 2030 rather than its next 12 months, but investors still need to monitor the next four years.
2026-07-02

1. Meta is building its cloud business, selling off excess AI computing power. 2. Nvidia launches a new cooperation model for AI infrastructure, sharing revenue with AI cloud providers to support computing power development. 3. Media reports that S

1. Meta is building its cloud business, selling off excess AI computing power. 2. Nvidia launches a new cooperation model for AI infrastructure, sharing revenue with AI cloud providers to support computing power development. 3. Media reports that SpaceX showcased a prototype of a slim handheld AI device; Musk publicly refuted the claim, stating it was completely untrue. 4. SK Hynix plans to invest 80 trillion won in new NAND production lines by 2029. 5. The UN Secretary-General called on countries to strengthen AI governance. 6. British media: The White House is accelerating its plan to develop AI model standards. 7. Hang Seng Indexes Company, in conjunction with Cyberport, launched a thematic index exploration program to promote AI-driven index innovation. 8. National Grid invests $1.75 billion in a US AI power company. 9. Amazon Web Services will invest $1 billion to establish a new AI division. 10. NariRadar releases new products including the "Ruichen" ultra-refined short-term near-term AI weather model. 11. Xingyun Technology: Hainan Xingyun signed a computing power service agreement worth 5.509 billion yuan. 12. Beijing Yizhuang completed the city's first word-based computing factory, with a daily production capacity exceeding 1.4 trillion word-based units.
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