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Trump said US officials met with an Iranian delegation for three hours.

2026-09-23

Trump said US officials met with an Iranian delegation for three hours.

Other News
2026-09-22

Goldman Sachs said it is positive on Huahong Hongli (01347.HK), forecasting QoQ revenue growth of 11% in 3Q2026 and 15% in 4Q2026 versus 9% in 2Q2026, driven by Chinese AI spending and customers’ domestic-first procurement to secure supply. The bank

Goldman Sachs said it is positive on Huahong Hongli (01347.HK), forecasting QoQ revenue growth of 11% in 3Q2026 and 15% in 4Q2026 versus 9% in 2Q2026, driven by Chinese AI spending and customers’ domestic-first procurement to secure supply. The bank said Huahong is expanding capacity with utilization remaining high amid strong demand and technology-node migration; generative AI is the main demand driver, lifting embedded flash, NOR flash and power-management IC demand. Huahong completed a September acquisition of a 97.5% stake in Huali Microelectronics; Huali has since become a wholly owned subsidiary and will be consolidated, which Goldman says broadens Huahong’s 12-inch manufacturing platform and supports long-term capacity and node expansion. Goldman expects strong demand to underpin utilization, ASPs and gross margins, notes Fab9A capacity will rise by about 40% by end-3Q2026 with full load targeted in 1H2027, and reiterates Buy with a 12-month PT of HK$335.
2026-09-22

Onshore yuan closed at 6.7019 per dollar at 16:30 on Sep 22, down 64 pips from the previous trading day.

Onshore yuan closed at 6.7019 per dollar at 16:30 on Sep 22, down 64 pips from the previous trading day.
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