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China's year-to-date profits for major industrial enterprises rose 18.7% in June, up from 18.80% in the previous month.

2026-07-27

China's year-to-date profits for major industrial enterprises rose 18.7% in June, up from 18.80% in the previous month.

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2026-07-27

At the morning close, China’s main commodity futures were mostly lower. Benzene, fuel oil and SC crude fell more than 6%; synthetic rubber and styrene (EB) declined about 6%; p-xylene, low-sulfur fuel oil (LU) and PTA dropped over 5%. Winners include

At the morning close, China’s main commodity futures were mostly lower. Benzene, fuel oil and SC crude fell more than 6%; synthetic rubber and styrene (EB) declined about 6%; p-xylene, low-sulfur fuel oil (LU) and PTA dropped over 5%. Winners included Shanghai silver, up nearly 3%; palladium and platinum, up more than 2%; Shanghai tin, up about 2%; caustic soda and glass, up just over 1%.
2026-07-27

Jefferies analysts said in a research note that a global surge in token consumption is likely to benefit Chinese AI labs. The firm flagged material opportunities in coding, workspace applications and mid-to-long-form content. It said Baidu, Alibaba a

Jefferies analysts said in a research note that a global surge in token consumption is likely to benefit Chinese AI labs. The firm flagged material opportunities in coding, workspace applications and mid-to-long-form content. It said Baidu, Alibaba and Tencent, along with cloud providers Kingsoft Cloud and Kuaishou’s AI-video business, stand to gain from rising AI demand.
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