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

Tonghuashun 7/24

Wanshun New Materials Establishes New Material Company with Registered Capital of 200 Million Yuan

2026/6/29 12:06:52

Wanshun New Materials recently jointly established Jiangsu Nayi New Materials Co., Ltd. through two of its subsidiaries: Jiangsu Zhongji New Energy Technology Group and Jiangsu Zhongji Composite Materials (Hong Kong). The new company has a registered capital of 200 million yuan, with Du Jixing as its legal representative. Its business scope covers new material technology R&D, production and sales of new metal functional materials and composite materials, etc. The company is expanding its business layout in the new material field through this move.

ByteDance Considering Cooperation with Baidu Kunlunxin? Response from Sources Close to the Company

2026/6/29 12:04:50

Financial short summary: Relevant entities include Baidu’s AI chip company Kunlunxin, ByteDance, and Tencent. On June 29, market news stated that Kunlunxin plans to list in 港股, Tencent has become its customer, and ByteDance is considering purchasing its AI chips. Yicai confirmed from sources close to ByteDance that ByteDance currently has no intention to cooperate with Kunlunxin.

Putin Says Ukrainian Strikes Cannot Force Russia to Negotiate Passively

2026/6/29 12:03:19

On June 28, Russian President Putin stated in an interview that Ukraine’s attacks on Russian civilian infrastructure will not force Russia to enter the negotiation process passively, according to CCTV International News. This statement means there is no possibility of a breakthrough in Russia-Ukraine peace talks in the short term, the stalemate in geopolitical conflicts may continue, which may support the market risk premium of global commodities such as energy and grain.

港股 Midday Review: Hang Seng Index Up 2.12%, Hang Seng Tech Index Up 3.68%

2026/6/29 12:01:18

【港股 Midday Closing Bulletin】港股 closed higher overall in the midday session, with the Hang Seng Index up 2.12% and the Hang Seng Tech Index up 3.68%; for related ETFs, YinHua Hang Seng Hong Kong Stock Connect ETF (159318) rose 1.61%, Penghua Hong Kong Stock Connect Tech ETF (159751) rose 3.22%. Sector differentiation is obvious: pharmaceutical and biotech sectors led the gains, while building materials and industrial group sectors led the losses. Individual stocks saw large amplitude: Pigeon Online rose more than 317%, Libang Pharma-B doubled, Lenovo-related stocks and COSCO Shipping Energy fell more than 9%.

Pakistan Launches Border Military Operations, Afghanistan Says Attacks Caused Civilian Casualties

2026/6/29 12:01:10

【Short Summary】In response to multiple recent terrorist attacks in the country, Pakistan launched military operations along the Pakistan-Afghanistan border from June 28 to the early morning of June 29. The Pakistani side stated that a total of 29 armed militants were killed, among which air strikes on the three Afghan provinces of Paktia, Paktika and Kunar killed 25 people. The Afghan interim government condemned the air strike as an act of aggression, stating that it caused dozens of civilian casualties, including women and children.

5 Small and Medium-sized Rivers in China Record Floods Exceeding Warning Levels

2026/6/29 11:57:53

【Short Summary】According to the Ministry of Water Resources (reported by CCTV News), affected by rainfall, 5 small and medium-sized rivers recently recorded floods exceeding the warning level: the Mengdian River, Mengnai River and Zanda River, which are tributaries of the Dulong River in Yunnan, the Daqiao River, a tributary of the Jinsha River in Sichuan, and the Xifu River in the Pearl River Delta, Guangdong. The maximum exceedance of the warning level is 0.55 meters, among which the Daqiao River in Sichuan exceeded the guaranteed water level by 0.24 meters. At present, the water levels of all involved rivers have dropped below the warning line.

Eastmoney 7/24

ByteDance Considering Cooperation with Baidu Kunlunxin? Response from Sources Close to the Company

2026/6/29 12:05:16

【Financial Short Summary】Relevant entities: Baidu’s Kunlunxin, ByteDance, Tencent. On June 29, market rumors stated that Kunlunxin plans to list in 港股, has already secured Tencent as a customer, and ByteDance is also considering adopting its AI chips. In response to this rumor, Yicai confirmed from sources close to ByteDance that ByteDance currently has no intention to carry out relevant cooperation with Kunlunxin.

Xilong Scientific: The Company Sells Zirconia, But the Revenue Share of This Product is Relatively Small

2026/6/29 12:00:15

【Short Summary】Relevant entity is A-share listed company Xilong Scientific. On June 29, when responding to investor inquiries about the zirconia business that has attracted market attention on the interactive platform, Xilong Scientific disclosed that the company currently does sell zirconia products externally, but the revenue corresponding to this type of product accounts for a relatively small share of the company’s total revenue, and has not yet had a significant impact on the company’s overall operating performance.

High Temperature in France Causes Over 1,000 Excess Deaths in 3 Days

2026/6/29 11:55:16

The French Public Health Agency released preliminary statistical data related to the current heatwave on June 28: between June 24 and 26, more than 1,000 excess deaths were recorded across the country in 3 days. The death rate increase was more significant in areas under high temperature red warning, with home deaths being particularly prominent. This data may promote local adjustments to public health resource allocation, and may also have a short-term negative impact on outdoor cultural tourism and offline service consumption.

SpeedBot Robotics Completes Hundreds of Millions of Yuan B++ Round of Financing

2026/6/29 11:54:03

Industrial 3D vision intelligent solutions provider SpeedBot Robotics recently completed a hundreds of millions of yuan B++ round of financing. The investors in this round are the Hunan Sub-fund of the National Small and Medium Enterprise Development Fund managed by Fortune Capital, and Changsha City Development Group. The financing proceeds will be mainly used for core technology iteration, industry scenario expansion and large-scale delivery capability upgrading, to consolidate its competitive advantage in the industrial intelligent equipment track.

Moonshot AI: All Financing Activities Are Directly Responsible by the Company Only

2026/6/29 11:54:03

On June 29, Moonshot AI, the operating entity of Kimi Intelligent Assistant, issued a statement on financing matters. In response to recent multiple cases in the market where false financing information was spread and false equity transactions were carried out in its name, the company stated that it has found that some institutions and individuals are suspected of such fraud. At the same time, it clarified that all its financing activities are only directly handled by the company, reminding all parties to pay attention to screening information and prevent fraud.

Hu Guangyu, Former Deputy Director of the Policy and Regulation Department of the General Administration of Sport of China, Sentenced to 13 Years in First Instance for Corruption

2026/6/29 11:52:34

On June 29, the Beijing No. 1 Intermediate People’s Court publicly sentenced the corruption case of Hu Guangyu, former Deputy Director of the Policy and Regulation Department of the General Administration of Sport of China. Hu Guangyu was sentenced to 13 years in prison for corruption and fined 3 million yuan. The property recovered in the case will be returned to the victim unit, and the illegal gains that have not yet been recovered will continue to be recovered, and the insufficient part will be ordered to be returned.

Yahoo Finance

Bank of America Just Gave Applied Materials Stock a New Street-High Price Target

2026/6/28 00:58:35

美股 semiconductor equipment leader Applied Materials (NASDAQ: AMAT) recently received an institutional rating adjustment, with Bank of America raising its target price to the highest level given by all Wall Street institutions currently. Bank of America believes that under the dual drive of global advanced process fab expansion and AI computing chip capacity expansion, the core equipment order and profit resilience of Applied Materials exceed expectations. This adjustment also confirms the high prosperity of the semiconductor equipment track from the side.

Cerebras Stock Sold Off After Earnings. Investors Who Panic Sell Are Ignoring the Smart Money.

2026/6/28 01:00:02

美股 AI supercomputing chip company Cerebras saw a sharp sell-off and correction in its stock price after disclosing its latest quarterly earnings, with obvious short-term decline. Current market analysis suggests that investors who choose to panic sell during this volatility have not paid attention to the trend of “smart money” represented by professional institutions. Subsequent company fundamental performance and institutional position changes may support the stock price trend.

Dear Future SK Hynix Stock Investors, Mark Your Calendars for July 10

2026/6/28 01:00:02

【Short Summary】Relevant entities are listed stocks and related derivatives of memory chip leader SK Hynix. Event: Recent market reminders that investors planning to invest in SK Hynix should focus on the key date of July 10, when the company is expected to disclose core operating data such as Q2 performance and HBM capacity planning. The relevant disclosure content will directly affect the company’s valuation expectations, and the subsequent stock price may also fluctuate as the information is released.