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

Tonghuashun 7/24

Southbound funds recorded net purchase of over HK$3 billion

2026/10/14 11:54:58

According to Tonghuashun iFinD data, as of the latest statistics, southbound funds, the core channel for mainland capital to invest in 港股, have a total net purchase of over HK$3 billion. By channel, Stock Connect (Shanghai) recorded a net purchase of over HK$1.583 billion, and Stock Connect (Shenzhen) recorded a net purchase of over HK$1.431 billion, reflecting that mainland capital’s demand for allocation of Hong Kong stock assets remains active.

Screen supplier for Step’s first agentic smartphone is TCL CSOT

2026/10/14 11:54:51

On October 13, large model-native AI terminal brand Step Terminal (STEPX) released its first large model-native agentic smartphone, the STEPX Neo. According to exclusive information obtained by Blue Whale News from supply chain sources, the screen supplier for this new device is TCL CSOT, and this cooperation is the latest case of a display panel manufacturer entering the supply chain of emerging AI terminals.

MeiG Smart announces joint launch of Wi-Fi 8 gateway solution with Qualcomm

2026/10/14 11:52:43

On October 14, during the Network X 2026 European Broadband 5G Communications Cloud Service Forum and Exhibition, MeiG Smart announced that it has partnered with Qualcomm Technologies to launch a Wi-Fi 8 gateway solution based on Qualcomm’s Dragonwing N8 platform. This release marks MeiG Smart’s official entry into the next-generation wireless communications technology field, and its communications solution business layout is further extended to high-end tracks.

Surge in Iguazu Falls flow may be due to El Niño

2026/10/14 11:52:33

[Short Summary] The Iguazu Falls scenic area, the world’s widest waterfall group located on the border of Argentina and Brazil, was temporarily closed on October 12 as the flow of the Iguazu River reached its highest level this year (11.8 million liters per second), and reopened the next day. Local meteorological departments observed that precipitation in the country’s coastal areas last month far exceeded the annual average, and this surge in flow is most likely related to the rainfall characteristics of the strong El Niño event.

New China-DPRK Yalu River Bridge will open tomorrow

2026/10/14 11:50:32

[Finance Short Summary] The subject involved is the new China-DPRK Yalu River Bridge. According to CCTV Finance, after consultation between China and the DPRK, the bridge will officially open on October 15, and the two sides will jointly hold an opening ceremony on the same day. As a core cross-border transportation infrastructure on the China-DPRK border, its opening will improve cross-border freight efficiency, reduce bilateral trade logistics costs, and provide hardware support for the deepening of economic and trade exchanges between the two countries’ border areas.

Beijing Initiative released at the 19th International Wind Energy Exhibition

2026/10/14 11:50:13

On October 14, the 2026 Beijing International Wind Energy Conference and Exhibition opened, and the Beijing Initiative was officially released at the event, proposing five major action directions: improving policy guarantees, strengthening core technology research, enhancing industrial chain collaboration, increasing green financial support, and deepening international cooperation. It covers green power consumption, improvement of green certificate systems, technology research including long-duration energy storage, coordinated construction of wind, solar, hydrogen, ammonia and alcohol projects, and green power substitution in high-energy-consuming fields, providing clear implementation guidelines for the development of related industries.

Eastmoney 7/24

Huawei’s AI chip shipments in Chinese market close to NVIDIA’s

2026/10/14 11:44:00

The latest IDC report on China’s data center AI chip market in the first half of 2026 shows that NVIDIA’s AI chip shipments in China during the period were 678,000 units, down 44% year-on-year; Huawei’s Ascend AI chip shipments rose to 572,000 units, already close to NVIDIA’s level. Shipments of other domestic AI chip manufacturers also generally increased significantly year-on-year, and the market competitiveness of the domestic camp has improved significantly.

Sinovatio Technology wins bid for software and hardware maintenance service of a national-level financial institution

2026/10/14 11:43:00

ChiNext-listed IT operation and maintenance service provider Sinovatio Technology recently announced that it has won the bid for the IBM software and hardware maintenance service project of a national-level financial institution, with a service period of three years from 2026 to 2028, and the total bid amount exceeds RMB 40 million. The implementation of this order will have a positive impact on the company’s operating performance during the corresponding period, and also confirms its competitiveness in operation and maintenance services in the financial sector.

National civil service exam recruitment falls for two consecutive years, public exam training enters ‘close combat’ phase

2026/10/14 11:42:45

On October 13, the National Civil Service Administration officially released the 2027 National Civil Service Examination Recruitment Announcement. This year’s national exam plans to recruit 35,691 people, a decrease of about 2,400 from the 38,100 in 2026, down 6.3% year-on-year, marking the second consecutive year of decline in recruitment scale. The continuous contraction of recruitment scale has intensified competition in the public exam training industry, which has officially entered the ‘close combat’ phase of stock competition.

Henan Province M&A Fund of Funds Partnership established with a capital contribution of RMB 15 billion

2026/10/14 11:41:08

Recently, Henan Province M&A Fund of Funds Partnership (Limited Partnership) was officially established with a capital contribution of RMB 15 billion, and the executive partner is Henan State Capital Operation Group Private Equity Fund Management Co., Ltd. The fund’s business scope includes equity investment, asset management and other businesses through private equity funds, and it can only operate after completing filing with the Asset Management Association of China. It will subsequently focus on industrial integration and the cultivation of new quality productive forces.

Baoneng Group, Yao Zhenhua and others subject to enforced execution of RMB 2.05 billion

2026/10/14 11:41:08

According to public information from Tianyancha, Shenzhen Baoneng Investment Group Co., Ltd., its legal representative Yao Zhenhua and others have recently added a new enforced execution record, with an execution subject of RMB 2.05 billion, and the enforcing court is the Nanchang Intermediate People’s Court of Jiangxi Province. Baoneng Group was established in 2000 with a registered capital of about RMB 300 million, jointly held by Yao Zhenhua and Shenzhen Saikang Asset Management, with business covering industrial investment, cultural tourism investment, domestic trade and other fields.

JL MAG and others establish Zhilian Venture Capital Partnership

2026/10/14 11:40:02

According to Qichacha information, JL MAG recently participated in the establishment of Jiaxing Jinci Zhilian Venture Capital Partnership (Limited Partnership), which has a capital contribution of about RMB 126 million and its business scope is investing in unlisted enterprises. Equity penetration shows that this venture capital entity is jointly held by JL MAG’s wholly-owned subsidiary JL MAG (Ningbo) Investment Co., Ltd. and others, providing an operation carrier for its subsequent industrial-related equity investment.