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Tongrentang Healthcare (02667.HK) fell more than 30% in its trading debut; Turnover topped HK$70 million.

2026-07-07

Tongrentang Healthcare (02667.HK) fell more than 30% in its trading debut; Turnover topped HK$70 million.

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2026-07-07

CITIC Securities research note says it remains strongly positive on Chinese-made gas turbines exporting overseas. Demand: Siemens Energy raised its multi-year annual gas-turbine demand estimate to about 110–120 GW (from 90–100 GW) on its latest call

CITIC Securities research note says it remains strongly positive on Chinese-made gas turbines exporting overseas. Demand: Siemens Energy raised its multi-year annual gas-turbine demand estimate to about 110–120 GW (from 90–100 GW) on its latest call and reported no sign of demand slowing. Supply: Siemens described industry capacity additions as measured and said industrial gas-turbine expansion will not correct the supply–demand imbalance; over the medium term capacity, efficiency and life‑cycle cost matter more than short‑term availability, and industrial units cannot substitute for large-frame gas turbines. Siemens also flagged short lead-times as a scarce, premium-paying resource for data-center and hyperscale cloud projects. CITIC says recent price/volume pullbacks do not change the medium-term tight balance in the gas-turbine market.
2026-07-06

European Commission President von der Leyen said she is working to finalize the 21st package of sanctions on Russia.

European Commission President von der Leyen said she is working to finalize the 21st package of sanctions on Russia.
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