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China energy and chemicals futures' most-active contracts continued to rise; fuel oil up more than 4%, while benzene, methanol, butadiene, rubber, LPG and Ethylene glycol gains widened to above 3%.

2026-07-13

China energy and chemicals futures' most-active contracts continued to rise; fuel oil up more than 4%, while benzene, methanol, butadiene, rubber, LPG and Ethylene glycol gains widened to above 3%.

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2026-07-13

Semiconductor sector shows intra-sector rotation: funds are exiting broad chip names and reallocating into specific supply‑chain nodes. Packaging/test stocks such as Tongfu Microelectronics and JCET Group logged net inflows, while memory and chip‑des

Semiconductor sector shows intra-sector rotation: funds are exiting broad chip names and reallocating into specific supply‑chain nodes. Packaging/test stocks such as Tongfu Microelectronics and JCET Group logged net inflows, while memory and chip‑design names including GigaDevice, Huatian Technology, Beijing Junzheng, Baiwei Memory, Puran and Demingli saw large net outflows. Market takeaway: investors prefer packaging and advanced packaging as nearer‑term beneficiaries of AI compute expansion and onshore substitution order visibility, while memory and consumer‑electronics chains — after earlier gains and with remaining price‑cycle and demand uncertainty — are being taken down for profit.
2026-07-12

The Russian Defense Ministry said on the 12th that overnight from the 11th to early the 12th Russian forces carried out large-scale strikes that damaged Ukrainian fuel, power and transport infrastructure, long-range drone storage sites, ammunition de

The Russian Defense Ministry said on the 12th that overnight from the 11th to early the 12th Russian forces carried out large-scale strikes that damaged Ukrainian fuel, power and transport infrastructure, long-range drone storage sites, ammunition depots and temporary deployment points for Ukrainian troops and foreign mercenaries at 158 locations. The ministry said Russian forces destroyed 585 Ukrainian-launched drones and 11 aerial bombs in the past 24 hours. Belgorod acting governor Shuvaev said on social media that over the same 24-hour period Ukraine struck 11 districts of the region with more than 100 attacks, killing one and wounding seven; Russian authorities said 111 drones were intercepted. Russian media reported that drone attacks prompted temporary restrictions on civilian flights overnight in multiple Russian cities, delaying dozens of flights.
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