Taobao Flash Sale coordinated with market regulators in Beijing, Shanghai, Anhui, Nanchang, Chengdu, Yancheng, Taizhou and Shanwei to flag a first batch of delivery-only (no dine-in) merchants based on regulator-provided lists. Since 2026 the platform has delisted 332,000 non-compliant merchants and ordered 60,000 restaurants to complete remediation.

鸡蛋主力合约触及涨停，涨幅5.99%，报4391元/500千克。

Huatai Securities said domestic electrification is accelerating and may be underpriced by markets. Since April the AI supply chain has led performance, but domestic and external catalysts for electrification-related sectors may not be fully reflected in prices. Investors may be underestimating the addressable electrification opportunity by focusing on incremental penetration while ignoring replacement demand in the existing installed base and blind spots in electrification use cases. Policy shifts—from last year’s push against internal competition to this year’s compute‑power coordination—are repricing input costs and industry scope, likely supporting continued improvement in sector momentum and earnings. Recommended exposures: lithium batteries/energy storage, mining machinery, forklifts, commercial vehicles and shipbuilding.