Peru's Economy Ministry expects mining investment to exceed $7 bln this year.

China's Shanghai Composite Index closed down 0.11%, the Shenzhen Composite Index fell 0.68% and the ChiNext Index declined 1.41%. Combined turnover on the Shanghai and Shenzhen bourses was CNY2.1 trillion, down CNY24.2 billion versus the prior session. The agricultural planting sector extended gains: Wanxiang Denong recorded a nine-day run with six daily limit-ups and Xinsai Co. posted a second straight limit-up. Chemical pharmaceutical names rallied into the close—Yuheng Pharmaceutical hit the limit, with Dongya Pharmaceutical, Shenqi Pharmaceutical, Keyuan Pharmaceutical, Haixiang Pharmaceutical and Zhongzhe Fine Chemical also rising. Real estate stocks showed strength; Shenwuye A and I Love My Home hit daily limits, while Tefa Service, WorldUnion (Shilianhang), Tibet Urban Investment, Shahe Co. and Fuxing shares advanced. CRO-related stocks slid sharply: Wanbang Pharmaceutical plunged more than 15%, Jin'an Protein and CanSino Biologics dropped over 10%, and Baihua Pharma, Hongbo Pharma, Lanwei Medical, Boji Pharmaceutical and Chengda Pharmaceutical also fell.

从数据中心到水电站，电池巨头宁德时代正在电动汽车（EV）热潮之后，押注未来潜在的增长引擎。据分析人士称，自去年6月以来，至少有7笔由宁德时代主导、涉及非电池行业的股权投资交易宣布落地，总金额超过170亿元人民币（约25亿美元）。这些投资涉及的领域包括人形机器人、国有水电站、人工智能数据中心（AIDC）以及大语言模型开发商DeepSeek。 惠誉亚太区企业评级董事杨菁表示，“作为行业龙头，要维持市场份额和利润率，就需要尽早发现新的高增长前沿领域，并抢占先发优势。 AIDC具备高增长、高壁垒的特点，因此有望成为继电动汽车和储能系统之后的‘第三增长曲线’ 。如果AIDC相关的储能需求能够像预期一样快速增长，宁德时代围绕AIDC进行的投资将有助于其在后电动汽车时代进一步巩固市场主导地位。” 对于水电站的投资，总部位于香港的咨询公司WaterRock Energy Economics董事Lucas Zhang表示，这些项目可以为宁德时代提供价格较低的绿色电力，帮助公司降低碳足迹，以满足欧盟相关法规以及自身的脱碳目标。宁德时代未来还可能更加深入地参与到以零碳排放为目标的产业园区建设中，因为电池储能系统是这类项目的重要组成部分。