On July 8, Zhang Yuhang of the Beijing Municipal Bureau of Economy and Information Technology said Beijing will upgrade its 'super-node + industry-node' compute support system, build a compute interconnection platform, and strengthen compute monitoring and supply–demand matching. The city plans a 'domestic-base, external-sourcing' compute layout and will build a 10,000‑card compute cluster, targeting more than 70,000P of added intelligent computing capacity within the year. Beijing will pilot co

China had 396,000 eldercare institutions and facilities as of end‑2025, with nursing-type beds accounting for 67.5%. County public eldercare institutions have achieved near-universal coverage; about 30% of counties have county-level integrated eldercare service management platforms, and more than 60% of townships and subdistricts have regional eldercare service centers. Urban embedded community care centers, rural mutual-aid points and rural senior-care homes have increased, and professional, chain and branded eldercare operators are expanding. Construction of the three-tier eldercare service network has delivered preliminary results.

Hong Kong stocks rose through the morning session. Hang Seng Index gained 2.38% to 24,057.24; Hang Seng TECH Index climbed 4.34% to 4,702.77 by midday. Chip, AI/compute and broader tech names led; oil & gas also firmer while pork producers and solid-state battery stocks lagged. Notable movers: Zhipu (02513.HK) +18%, Shandong Molong (00568.HK) +14.6%, Kingsoft Cloud (03896.HK) ~+12%, Huahong Hongli (01347.HK) and Alibaba (09988.HK) >+8%, SMIC (00981.HK) and SenseTime (00020.HK) >+7%, Kuaishou (01024.HK) +6.8%. Decliners included Longpan Technology (02465.HK) -8.7%, Tongrentang Elderly Care (02667.HK) -6%, Ganfeng Lithium (01772.HK) and UBTECH (09880.HK) -4.2%. Five new listings showed mixed debut performance: Baogai New Materials (08090.HK) +0.64%, MOMENTA-W (06880.HK) +3.45%, Econtrol Zhijia (07687.HK) +5.04%, Basic Semiconductor (09971.HK) +13%, Ruiwei Technology (07656.HK) -4.8%.