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Economic Daily says ChangXin Technology's listing indicates China can sustain technical breakthroughs in high‑end "choke‑point" sectors and foster an industrial ecosystem. The paper calls the IPO both a market dividend and an investor litmus test, st

2026-07-28

Economic Daily says ChangXin Technology's listing indicates China can sustain technical breakthroughs in high‑end "choke‑point" sectors and foster an industrial ecosystem. The paper calls the IPO both a market dividend and an investor litmus test, stressing leading tech firms need time to mature, investors must respect semiconductor cyclical dynamics, and that adherence to long‑term, value‑oriented investment discipline is required for reliability returns.

Other News
2026-07-28

1. The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) will further promote the "AI+" special action of central enterprises and accelerate the construction of computing infrastructure. 2. The Ministry of Com

1. The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) will further promote the "AI+" special action of central enterprises and accelerate the construction of computing infrastructure. 2. The Ministry of Commerce: It is understood that many American AI companies have distilled Chinese models in their R&D and training. 3. SoftBank's $40 billion OpenAI investment loan has added 21 new lenders. 4. Anthropic clarifies its position: It has never advocated banning open-weighted AI models. 5. British media: Nvidia invests $5 billion in the AI project of OpenAI co-founder. 6. Kimi AI releases model weights and technical reports for Kimi K3. 7. Microsoft AI releases the cybersecurity model MAI-Cyber-1-Flash, improving vulnerability detection performance and reducing costs by 50%. 8. AMD will establish an AI research center in South Korea to build an open AI infrastructure ecosystem. 9. OpenAI announces expansion in Ireland, expecting to add 250 new jobs. 10. Altman will meet with Trump administration officials this week to "preview" the capabilities of the new AI model. 11. Nvidia invests in Ilya Sutskever's new AI lab to expand its computing power footprint. 12. The National Data Administration encourages innovation in business models based on word elements and explores new trading models such as word element trading. 13. The "Hangzhou Artificial Intelligence Industry Development Promotion Regulations (Draft)" is proposed, introducing the concept of word elements for the first time and making institutional arrangements to promote production.
2026-07-28

The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 5.8 occurred near Xinghai County, Hainan Prefecture, Qinghai Province (35.39°N, 99.67°E) at 11:16 on July 28. The final result is subject to t

The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 5.8 occurred near Xinghai County, Hainan Prefecture, Qinghai Province (35.39°N, 99.67°E) at 11:16 on July 28. The final result is subject to the official rapid report.
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