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[Trump: New York State Should Immediately Change Data Center Policy] US President Trump stated that one of the biggest drivers of future jobs is data centers. They are massive, powerful, and "money-making machines" for their respective states. For po

2026-07-16

[Trump: New York State Should Immediately Change Data Center Policy] US President Trump stated that one of the biggest drivers of future jobs is data centers. They are massive, powerful, and "money-making machines" for their respective states. For political reasons, New York Governor Kathy Hoher halted all data centers being built or planned for construction in New York State. These companies are now seeking locations in Alabama, Florida, Texas, Arizona, and many other states. Taxes and jobs are like liquid gold! New York State has made a terrible decision. All this revenue and other benefits will flow to red states and some blue states seeking data centers as cash cows, where taxes are lower and record jobs have been created. New York State should immediately change its policy.

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2026-07-15

1. NIO makes strategic investment in Changxin Technology: The two companies will build a stable and mutually trusting strategic supply relationship. 2. China Association of Automobile Manufacturers (CAAM) clarifies: The statement that "the average a

1. NIO makes strategic investment in Changxin Technology: The two companies will build a stable and mutually trusting strategic supply relationship. 2. China Association of Automobile Manufacturers (CAAM) clarifies: The statement that "the average age of new energy vehicles is only 1.8 years" is a misinterpretation. 3. California's new electric vehicle subsidy plan is released, with Tesla emerging as the biggest winner. 4. The group standard "Rules for Calculating Vehicle Costs in China's Automotive Industry" is officially released. 5. BYD responds to the rear motor assembly detachment issue of its Tang model: The chassis suffered a serious impact, not a product quality problem. 6. Geely Holding's sales in the first half of 2026 reached a record high of 1.935 million vehicles, with a new energy vehicle penetration rate exceeding 56%. 7. Wei Jianjun responds to Great Wall Motors' net profit being halved in the first half of 2026: He is more concerned about the company's healthy development. 8. Cao Cao Mobility's first batch of Robovan unmanned logistics vehicles have been put into operation, with a target of deploying 100,000 vehicles by 2030. 9. Xiaomi Auto's latest underwater propulsion patent is revealed, targeting amphibious vehicles. 10. China Automotive Technology and Research Center (CATARC) spearheads pilot program for bonded testing of faulty automotive parts overseas. 11. Electric vehicle maker Lucid's stock price plummeted 57% after hiring restructuring advisors.
2026-07-15

A-shares closed lower after intra-day rallies: Shanghai Composite -0.29%, Shenzhen Composite -0.97%, ChiNext -1.21%. Combined turnover on the Shanghai-Shenzhen bourses were about 2.571 tln yuan, down ~132.815 bln yuan versus the prior session. Medica

A-shares closed lower after intra-day rallies: Shanghai Composite -0.29%, Shenzhen Composite -0.97%, ChiNext -1.21%. Combined turnover on the Shanghai-Shenzhen bourses were about 2.571 tln yuan, down ~132.815 bln yuan versus the prior session. Medical services outperformed, with RuiZhi Pharma, Zhaoyan New Drug and Baihua Pharma hitting limit-up; Wanbang Pharma, Nanmo Biotech and Sunshine Nuohuo led gains. Baijiu stocks recovered from an early dip; Gujinggong, Jinzongzi and others hit limit-up, while Luzhou Laojiao, Shanxi Fenjiu, Jinshiyuan and Yingjia Gongjiu posted notable gains. Semiconductor and PCB-related compute-hardware names opened higher then slid: Qingyi Optoelectronics, Zhenbao Tech, Qiangyi Tech, Moxi and Dongwei Semiconductor fell more than 10%. Memory-chip names were weak—Baiwei Storage fell over 15%, while Demingli, Shenkeji and Lianwei Micro hit limit-down.
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