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Stocks closed Friday with the Dow up 0.98%, the S&P 500 up 0.86% and the Nasdaq up 0.96%. Notable movers: Qualcomm (QCOM.O) +2.88%, Intel (INTC.O) +2.61%, SpaceX (SPCX.O) +2.04%, Amazon (AMZN.O) +1.94%; SanDisk (SNDK.O) -3.50%, Oracle (ORCL.N) -1.82%

2026-09-12

Stocks closed Friday with the Dow up 0.98%, the S&P 500 up 0.86% and the Nasdaq up 0.96%. Notable movers: Qualcomm (QCOM.O) +2.88%, Intel (INTC.O) +2.61%, SpaceX (SPCX.O) +2.04%, Amazon (AMZN.O) +1.94%; SanDisk (SNDK.O) -3.50%, Oracle (ORCL.N) -1.82%, Micron (MU.O) -0.22%. The Nasdaq Golden Dragon China Index rose 0.4%; Baidu (BIDU.O) +0.89%, Alibaba (BABA.N) +0.68%.

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2026-09-11

Sept. 11 — Beijing Stock Exchange said it has restricted trading on the securities accounts of three investors for three months after finding them privately acquired IPO allotments and arranged profit-sharing during the new-share subscription phase.

Sept. 11 — Beijing Stock Exchange said it has restricted trading on the securities accounts of three investors for three months after finding them privately acquired IPO allotments and arranged profit-sharing during the new-share subscription phase. The investors paid fixed fees or agreed to split IPO proceeds to lock returns and shift risk, bypassing public trading venues. The exchange said the conduct disrupted new-share issuance order and violated rules requiring publicly issued securities to trade on established exchanges. The self-regulatory sanction, the exchange added, signals tougher enforcement to protect market fairness and investor rights.
2026-09-12

Sept. 12 — CAICT chief engineer He Baohong told the 2026 China Compute Conference that national compute development should shift from pure scale expansion to quality and efficiency, built around differentiated regional layouts, integrated hardware-so

Sept. 12 — CAICT chief engineer He Baohong told the 2026 China Compute Conference that national compute development should shift from pure scale expansion to quality and efficiency, built around differentiated regional layouts, integrated hardware-software ecosystems, a low‑carbon compute base and a nationwide institutional framework. He recommended region-specific strategies: advantaged regions should prioritize upgrading existing capacity and high‑value use cases; growth regions should develop regional compute hubs to drive coordinated upgrades of storage, compute and network; resource regions should host training and cold-data, non-real-time workloads while improving outbound networks and industrial ecosystems. For supply‑chain resilience, he urged new intelligent compute centers to provision storage and network alongside compute and to complete full‑chain support for chips, servers, databases and models. On decarbonisation and system governance, he recommended scaling liquid cooling, energy‑efficiency retrofits and compute‑power coordination to boost renewables consumption, and improving pricing, trading, value‑accounting and compliance regulations.
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