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A-share military stocks have been rising for several days, with Northern Longlong surging over 11%, Great Wall Military Industry hitting the daily limit, and Inner Mongolia First Machinery, Jieqiang Equipment, Guoke Military Industry, and Northern Na

2026-07-24

A-share military stocks have been rising for several days, with Northern Longlong surging over 11%, Great Wall Military Industry hitting the daily limit, and Inner Mongolia First Machinery, Jieqiang Equipment, Guoke Military Industry, and Northern Navigation also rising.

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2026-07-24

For the fiscal year ended March 31, Singapore sovereign investor GIC reported regional exposures of 22% to Asia‑Pacific (24% a year earlier), 19% to Europe, the Middle East and Africa (20% a year earlier) and 53% to the Americas (49% a year earlier).

For the fiscal year ended March 31, Singapore sovereign investor GIC reported regional exposures of 22% to Asia‑Pacific (24% a year earlier), 19% to Europe, the Middle East and Africa (20% a year earlier) and 53% to the Americas (49% a year earlier).
2026-07-23

July 23 — In a leaked investor meeting, DeepSeek founder Liang Wenfeng said Chinese AI compute faces a historic replacement opportunity, arguing domestic chips have no hardware or ecosystem adaptation barriers and that NVIDIA cannot block the substit

July 23 — In a leaked investor meeting, DeepSeek founder Liang Wenfeng said Chinese AI compute faces a historic replacement opportunity, arguing domestic chips have no hardware or ecosystem adaptation barriers and that NVIDIA cannot block the substitution. He said capacity is the only current constraint and expects market perceptions that domestic chips are unusable or inferior to reverse within a year. Liang said NVIDIA's CUDA ecosystem moat is rapidly eroding and that export controls and concurrent industry shifts have opened a window for domestic AI chips. He said DeepSeek has partnered with Huawei, secured 16,000 Huawei 950 cards to validate the stack, and claimed Huawei's 950 supernode matches and can fully substitute NVIDIA GB200/GB300 on performance and price.
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