Automatically crawled from Tonghuashun and Eastmoney by cron at 08:00 Beijing time daily, with summaries rewritten by Doubao. For information aggregation only, does not constitute investment advice.

TL;DR · Catch up on today’s highlights in 30 seconds

New breakthrough achieved in domestic fusion reactor superconducting magnet R&D, 115 Chinese and foreign enterprises have signed up to participate in the 5th China International Supply Chain Promotion Expo
Domestic paper industry sees widespread price hikes of up to 200 yuan per ton, ICBC approved to serve as joint RMB clearing bank for Africa
Thunder launches share repurchase plan, crypto exchange Kraken plans to acquire 15% stake in DeFi platform Aave

📈 Paper Industry Price Hike🧠 Technological Breakthrough💡 Cross-border Finance🔥 Chain Expo Updates⚡ Corporate Updates

Tonghuashun 7/24

Wu De, member of the Party Committee and Deputy Director of the Shenzhen Municipal Taxation Bureau of the State Administration of Taxation, is under disciplinary review and supervisory investigation

2026/6/27 11:30:09

【Short Summary】According to a report by People’s Financial News, the subject involved is Wu De, member of the Party Committee and Deputy Director of the Shenzhen Municipal Taxation Bureau of the State Administration of Taxation. He is suspected of serious violations of discipline and law, and is currently undergoing disciplinary review by the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and National Supervisory Commission stationed at the State Administration of Taxation, as well as supervisory investigation by the Zhanjiang Municipal Supervisory Commission of Guangdong Province. The specific details of the case have not been made public yet, and subsequent developments may impact the clean government construction of the Shenzhen tax system and the verification of related tax-related matters.

UK June maximum temperature record broken for 3 consecutive days

2026/6/27 11:13:08

On June 26 local time, a high temperature of 37.3°C was recorded in Suffolk, UK, marking the third consecutive day that the country has broken its June maximum temperature record. The previous June maximum temperature record of 35.6°C had stood for 47 years. The ongoing heatwave will drive up UK electricity consumption, disrupting sectors including agriculture, transportation, and offline consumption. Relevant industry chains need to be alert to the risks of abnormal weather.

Kaishan Group’s compressor plant in Izmir, Turkey completed and put into operation

2026/6/27 11:04:31

【News Summary】According to People’s Financial News, the subject involved is Kaishan Group. On June 26, 2026 local time, Kaishan Group’s compressor plant in Izmir, Turkey was officially completed and put into operation. This is its third overseas factory, with full-process manufacturing capacity for air compressors, positioned as an important manufacturing base for the European and American markets. It is expected to have an annual output value of approximately USD 50 million after reaching full production capacity.

CEO of Namibia Tourism Board: Will further strengthen tourism cooperation with China and vigorously attract Chinese tourists

2026/6/27 11:03:27

On the 26th, Chikalu, CEO of the Namibia Tourism Board, stated at an industry conference themed “Promoting Growth in the Chinese Tourism Market” held in the capital Windhoek that the country will deepen tourism cooperation with China and attract Chinese tourists by enhancing destination awareness and developing innovative products, among other measures. According to statistics, China entered the top ten overseas tourist source markets for Namibia for the first time in 2025, and Namibia regards the Chinese market as an important support for the sustainable growth of its tourism industry.

2026/6/27 10:55:10

On June 26, 2026, the participation signing ceremony for the 5th China International Supply Chain Promotion Expo and the 2026 Chain Expo Exhibitor Alliance Conference were held in Beijing. 115 Chinese and foreign enterprises and institutions including Honeywell, GE Healthcare, Siemens, Corning, and Sumitomo Electric Industries signed participation intention agreements on-site with the exhibition organizer, China Exhibition Group, marking phased progress in the recruitment of exhibitors for this year’s Chain Expo.

China makes new breakthrough in R&D of fusion reactor superconducting magnets

2026/6/27 10:48:17

【Short Summary】The “Artificial Sun” project of the Institute of Plasma Physics, Hefei Institutes of Physical Science, Chinese Academy of Sciences, recently made progress: two sets of key superconducting magnets for fusion reactors, the toroidal field superconducting magnet and the high-temperature superconducting central solenoid coil, have successively completed development, acceptance and full-parameter testing, with 100% localization of core technologies. This breakthrough marks a new step in China’s R&D of fusion reactor superconducting magnets, and the comprehensive performance of related products has jumped to the international leading level. (Source: Xinhua News Agency)

Eastmoney 7/24

Domestic paper industry sees widespread round of price hikes, up to 200 yuan per ton

2026/6/27 11:36:13

Recently, the domestic paper industry has launched a widespread, multi-category simultaneous price hike, covering mainstream categories such as bobbin paper, white cardboard, kraft linerboard, grey board, and cultural paper, with the maximum increase reaching 200 yuan per ton. From leading pulp and paper giants to regional small and medium-sized paper mills, price adjustment notices have been intensively issued. The core driver of this round of price hikes is the continuous rise in comprehensive costs including upstream raw materials, chemical auxiliary materials, and logistics transportation.

Namibia vigorously expands tourism cooperation with China

2026/6/27 11:30:26

【Short Summary】Related subjects: Namibia’s cultural and tourism industry, China’s outbound tourism market. On June 26, Seblon Chikalu, CEO of the Namibia Tourism Board, clarified at a tourism industry conference held in the capital Windhoek that the country will further deepen tourism cooperation with China and launch targeted measures to attract Chinese tourists. This arrangement will expand the space for cultural, tourism and related economic and trade exchanges between China and Namibia, and also enrich the optional African destinations for domestic outbound tourism.

Industrial and Commercial Bank of China approved to serve as joint RMB clearing bank for Africa

2026/6/27 11:25:10

On June 26, the People’s Bank of China announced that in order to facilitate Sino-African trade and investment, it has authorized the Industrial and Commercial Bank of China and Standard Bank of South Africa to jointly serve as the joint RMB clearing bank for Africa. This is the first RMB clearing bank named after a continent and the first to be jointly operated by two commercial banks. Previously, ICBC has served as the RMB clearing bank in 12 countries, and this arrangement extends its clearing network to 19 African countries covered by Standard Bank.

Approximately 2,500 seafarers have been evacuated from the Strait of Hormuz

2026/6/27 11:14:26

On June 26, International Maritime Organization Secretary-General Dominguez reported that according to the organization’s preliminary statistics, since the official launch of the evacuation plan for stranded seafarers in the Strait of Hormuz on June 23, approximately 2,500 seafarers on 115 vessels have completed evacuation. Two recommended routes have been designated for this evacuation: the northern route of the Strait of Hormuz on the Iranian side and the southern route on the Omani side.

UK June maximum temperature record broken for 3 consecutive days

2026/6/27 11:13:17

On June 26 local time, a high temperature of 37.3 degrees Celsius was recorded in Suffolk, UK, marking the third consecutive day that the country has broken its June maximum temperature record. The previous UK June maximum temperature record was 35.6 degrees Celsius, recorded in 1957 and 1976 respectively. This ongoing heatwave has broken a meteorological record that had stood for decades, and may cause short-term impacts on local agriculture, power supply, outdoor consumption and other sectors as well as related assets.

2026/6/27 11:07:00

On the evening of June 26, NASDAQ-listed Chinese concept stock Thunder (XNET) announced that its board of directors has approved a new share repurchase program of USD 20 million. Stimulated by the news, Thunder’s stock rose nearly 12% at one point during trading. As of the close of trading on the same day US Eastern time, it closed at USD 5.36 per share, up more than 6%, with a total market capitalization of USD 341 million. The market value of Thunder’s holdings in A-share company Yingshi Innovation currently exceeds 4.1 billion yuan.

Yahoo Finance

The SAVE plan is gone. Here’s what student loan borrowers need to do next.

2025/12/12 00:47:07

【News Summary】Related subjects: US student loan borrowers with outstanding balances. Core event: The SAVE student loan repayment program previously implemented in the US has been officially abolished. Impact reminder: Relevant personnel should verify their loan type and remaining outstanding amount as soon as possible, proactively check for official applicable alternative repayment plans, and avoid late payments during the transition period between the old and new plans, which may result in additional penalty interest or damage to personal credit.

Hormuz’s next chapter is about gas, not just oil

2026/6/26 05:30:27

Short Summary: The Strait of Hormuz is the world’s core oil and gas transportation channel. Previously, market attention to its transportation safety mainly focused on crude oil. Currently, the proportion of liquefied natural gas transportation through this channel continues to rise, and its trade impact scope has extended from crude oil to the natural gas sector. If geopolitical disturbances occur around the strait in the future, it will simultaneously impact the supply stability and pricing system of global crude oil and natural gas. Economies and traders with high dependence on oil and gas imports need to be alert to related risks.

Kraken To Buy 15% Stake In DeFi Lender Aave

2026/6/26 05:34:00

【Financial Short Summary】Leading cryptocurrency exchange Kraken recently disclosed that it plans to acquire a 15% stake in leading decentralized finance (DeFi) lending platform Aave. This transaction is a representative move by CeFi institutions to lay out the DeFi track. If completed, it will bring compliance resources and institutional clients to Aave, while sending a signal of accelerated integration of the two types of crypto business models, which is of reference significance for the compliant development of DeFi.