A-share-listed MLS Co. jumped sharply, up over 8.5% with turnover above CNY 600 mln, after the company announced a 20% price increase across its entire PCB product line.

At a 2026 mid‑year institutional equities meeting, J.P. Morgan Asset Management (China) deputy GM and CIO Du Meng said PPI has turned positive ahead of CPI, CPI is gradually rising, and listed-company profits are beginning to recover. A‑share profit growth could reach double digits this year, enhancing Chinese equities’ appeal to global investors and leaving room for cross‑sector valuation re‑rating. Sector calls: AI remains a sustainable, high‑conviction growth area; compute hardware’s cyclical strength and earnings growth could outpace the market, with focus on optical modules, PCBs, liquid cooling and compute leasing. The lithium‑centred new‑energy complex is at a pivotal inflection—excess capacity from recent years has largely been cleared—and the strategic importance of solar, wind and electric vehicles has risen materially.

US space-related stocks rallied: KULR Technology up 11%, Rocket Lab up 6.88%, Boeing (BA.N) up 4%.