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2026-09-28

Shanghai gold futures contract 2612 turnover has exceeded CNY72 billion. The contract is down 2.00% intraday, last at CNY912.82/gram. Open interest rose by nearly 4,300 contracts intraday; price declined while positions increased.

Shanghai gold futures contract 2612 turnover has exceeded CNY72 billion. The contract is down 2.00% intraday, last at CNY912.82/gram. Open interest rose by nearly 4,300 contracts intraday; price declined while positions increased.
2026-09-28

The trading volume of Shanghai Gold 2612 has exceeded 72 billion yuan, with an intraday decline of 2.00%, and the latest price is 912.82 yuan/gram. The open interest increased by nearly 4,300 lots during the day, with the price falling while the open

The trading volume of Shanghai Gold 2612 has exceeded 72 billion yuan, with an intraday decline of 2.00%, and the latest price is 912.82 yuan/gram. The open interest increased by nearly 4,300 lots during the day, with the price falling while the open interest increased.
2026-09-28

Reports said Ubtech's bionic U1 series deliveries could be delayed, with the U1 Pro pushed to Nov. 30; a Sept. 28 inquiry to Ubtech's JD.com flagship store customer service reportedly said the pre-sale had not been delivered. Ubtech said the reports

Reports said Ubtech's bionic U1 series deliveries could be delayed, with the U1 Pro pushed to Nov. 30; a Sept. 28 inquiry to Ubtech's JD.com flagship store customer service reportedly said the pre-sale had not been delivered. Ubtech said the reports are incorrect, that U1 deliveries have begun and units are being produced and shipped in batches according to customer order sequence, with order fulfillment progressing steadily.
2026-09-28

The Ministry of Industry and Information Technology and relevant departments published the Intelligent Connected New Energy Vehicle Industry Development 15th Five-Year Plan, targeting construction of global industry and supply chains, stronger overse

The Ministry of Industry and Information Technology and relevant departments published the Intelligent Connected New Energy Vehicle Industry Development 15th Five-Year Plan, targeting construction of global industry and supply chains, stronger overseas service capabilities and support for foreign investment in China to foster a market-based, rule-of-law, international business environment. During the 15th Five-Year period MIIT says it will deepen international trade and investment cooperation, enhance cross-border logistics and financing support, and strengthen overseas risk prevention and corporate compliance to guide orderly corporate overseas expansion.
2026-09-28

[Futures Market Hotspot Tracking] Bihar, India, is accelerating sugarcane expansion and has announced significant plans to restart and build new sugar mills. How will this round of capacity expansion affect the regional sugar supply and demand landsc

[Futures Market Hotspot Tracking] Bihar, India, is accelerating sugarcane expansion and has announced significant plans to restart and build new sugar mills. How will this round of capacity expansion affect the regional sugar supply and demand landscape?
2026-09-28

1. Morgan Stanley's chip sales forecast implies that global data center power demand will reach 257GW in 2028 and 378GW in 2029. The US power deficit for 2026-28 will reach 57GW (including data centers under construction and grid capacity). Even cons

1. Morgan Stanley's chip sales forecast implies that global data center power demand will reach 257GW in 2028 and 378GW in 2029. The US power deficit for 2026-28 will reach 57GW (including data centers under construction and grid capacity). Even considering "fast-upgrading" solutions such as self-supplied gas, fuel cells, and co-located nuclear power plants, there will still be a shortage of 33GW, equivalent to 34% of the required power. 2. Next-generation AI chips will see a significant increase in power consumption. NVIDIA's Vera Rubin rack power consumption will increase from 149kW to 234kW, and Rubin Ultra from 415kW to 600kW. While computing power increases, network, memory, and cooling loads also increase, and power constraints will not disappear due to improved energy efficiency. Grid connection queues have reached 5-7 years, and community opposition and rising electricity prices further delay projects.
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