China Power Chip Prices Rise 10%-15% as AI Demand Builds
China's power semiconductor market enters July with 10%-15% price increases as wafer costs and demand from AI, EV and industrial systems rise.
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China Industrial Earnings Increase 18.8% Through May
China's industrial profits rose 18.8% through May as electronics and metals gained strongly, while automotive and electrical machinery declined.
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China Manufacturing PMI Returns to Expansion in June
China's manufacturing PMI rose to 50.3 in June as production and new orders improved, although small firms and employment remained weak in the latest survey.
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Do-Fluoride Reports 20%-30% Rise in Semiconductor HF Prices
Do-Fluoride says semiconductor-grade hydrofluoric acid prices rose 20%-30% as it expands electronic chemicals and specialty gas capacity plans.
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Baidu’s Kunlunxin Targets $50B Hong Kong IPO
Baidu's AI chip unit Kunlunxin is targeting a $50 billion Hong Kong IPO, with investors reportedly asked to commit to chip purchases alongside share orders.
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China Sets 50% Non-Fossil Electricity Target in 2026-2030 Energy Plan
China's 2026-2030 energy plan targets 50% non-fossil electricity by 2030, while wind and solar exceed half of installed generation capacity.
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China Imposes Dual-Use Export Controls on 40 Japanese Entities
China's MOFCOM announced export controls on 40 Japanese organizations, splitting them into a control list and a watch list with distinct requirements.
