Temasek's CIO says AI hardware and infrastructure hold significant opportunities.

US President Trump: I think Israel will withdraw its troops from Lebanon.

Key News 1. The People's Bank of China (PBOC): Will continue to implement a moderately loose monetary policy and increase counter-cyclical and cross-cyclical adjustments. 2. The PBOC: Suggests leveraging the integrated effect of incremental and existing policies to enhance policy forward-looking flexibility and targeting. 3. Nine departments, including the Ministry of Commerce: Promote the use of digital RMB in the issuance and settlement of consumption vouchers. 4. Changxin Technology will begin its IPO subscription on July 16. 5. The IMF lowered its global economic growth forecast but raised its China growth forecast. Individual Stock News 1. BOE Technology Group Co., Ltd. (BOE A): Expects first-half net profit of 5 billion to 5.5 billion yuan, a year-on-year increase of 54% to 69%. 2. Shenzhen TeFa Information Technology Co., Ltd. (SZ): Expects first-half net profit of 55 million to 71 million yuan, a year-on-year increase of 881.42% to 1166.93%. 3. China International Capital Corporation (CICC): Expects first-half net profit to increase by 78% to 90% year-on-year. 4. Tianfeng Securities Co., Ltd. (TF Securities): Expects first-half net profit to increase by 429.03% to 693.55% year-on-year. 5. Shengxin Lithium Energy: Net profit for the first half of the year is expected to be RMB 1 billion to RMB 1.2 billion, representing a year-on-year increase of 218.90% to 242.68%. 6. Hisun Pharmaceutical: Net profit for the first half of the year is expected to be RMB 790 million to RMB 870 million, representing a year-on-year increase of 513.25% to 575.35%. 7. Zhongfu Industrial: Net profit for the first half of the year is expected to be RMB 1.8 billion to RMB 1.95 billion, representing a year-on-year increase of 154.42% to 175.62%. 8. Dongcai Technology: Net profit for the first half of the year is expected to increase by 63.93% year-on-year, with steady improvement in market penetration of its core high-speed electronic resin products. 9. Zhuzhou Smelter Group: Net profit for the first half of 2026 is expected to increase by 173.29% to 275.78% year-on-year. 10. Baoding Technology: Net profit for the first half of the year is expected to be RMB 125 million to RMB 145 million, representing a year-on-year increase of 468.71% to 559.71%. 11. Jiangxi Copper: Net profit for the first half of the year is expected to increase by 80.86% to 103.61% year-on-year. 12. Yaxing Integrated Circuits: Net profit for the first half of the year is expected to be RMB 456 million to RMB 525 million, representing a year-on-year increase of 183.41% to 226.29%. 13. Xinxiang Chemical Fiber: Net profit for the first half of the year is expected to be RMB 300 million to RMB 400 million, representing a year-on-year increase of 378.09% to 537.45%. 14. Guide Infrared: Net profit for the first half of the year is expected to be RMB 1.27 billion to RMB 1.45 billion, representing a year-on-year increase of 601.93% to 701.41%. 15. Tianjin Prin: Net profit for the first half of the year is expected to be RMB 36 million to RMB 52 million, representing a year-on-year increase of 435.64% to 673.71%. 16. Yachuang Electronics: Net profit for the first half of the year is expected to be RMB 220 million to RMB 270 million, representing a year-on-year increase of 439% to 561.49%. 17. Juxing Technology: Net profit for the first half of the year is expected to be between RMB 1.209 billion and RMB 1.464 billion, representing a year-on-year decrease of 5% to an increase of 15%. 18. O-Film has established a new micro-nano device company, with business involving optical modules and optical interconnect-related devices. 19. Hunan Gold: Plans to acquire 100% equity of Gold Tianyue and 100% equity of Zhongnan Smelting through a share issuance, with a total transaction price of RMB 4.334 billion.