📡 Hourly News Update | 18:00-19:00
1. Privacy coin ZEC’s price breaks through $800, hitting a near-decade high. Bitcoin rebounds to above $77,000, and the overall cryptocurrency market is up.
2. XPeng Motors reports Q2 revenue of RMB 19.74 billion, up 51.5% quarter-on-quarter. Gross margin is 20.7%, cash reserves are RMB 40.48 billion, but both earnings per share and revenue fall short of expectations.
3. Alibaba’s HK$80 billion new share placement sees nearly 3x oversubscription. Proceeds will be used to build full-stack AI capabilities.
4. Shanghai releases its “15th Five-Year Plan” (2026–2030). Key priorities include large third-generation nuclear power, 16–20MW offshore wind power, all-solid-state batteries, and hydrogen-based energy, while promoting C919 mass production, C929 development, and the networking of the “Thousand Sail Star” constellation.
5. Volkswagen plans to lay off about 50,000 employees to advance what it calls the largest restructuring in its history.
6. Pinduoduo’s Q2 revenue is RMB 112.4 billion, below market expectations. Adjusted EPS is RMB 19.33 per ADS, higher than expected.
7. Samsung Electronics unveils a three-stage HBM technology roadmap, aiming to achieve true 3D ZHBM.
8. The National Marine Forecasting Center issues a yellow warning for sea waves. Due to Typhoon “Zitan,” the Beibu Gulf will experience large waves to giant waves.
1. Privacy coin ZEC’s price breaks through $800, hitting a near-decade high. Bitcoin rebounds to above $77,000, and the overall cryptocurrency market is up.
2. XPeng Motors reports Q2 revenue of RMB 19.74 billion, up 51.5% quarter-on-quarter. Gross margin is 20.7%, cash reserves are RMB 40.48 billion, but both earnings per share and revenue fall short of expectations.
3. Alibaba’s HK$80 billion new share placement sees nearly 3x oversubscription. Proceeds will be used to build full-stack AI capabilities.
4. Shanghai releases its “15th Five-Year Plan” (2026–2030). Key priorities include large third-generation nuclear power, 16–20MW offshore wind power, all-solid-state batteries, and hydrogen-based energy, while promoting C919 mass production, C929 development, and the networking of the “Thousand Sail Star” constellation.
5. Volkswagen plans to lay off about 50,000 employees to advance what it calls the largest restructuring in its history.
6. Pinduoduo’s Q2 revenue is RMB 112.4 billion, below market expectations. Adjusted EPS is RMB 19.33 per ADS, higher than expected.
7. Samsung Electronics unveils a three-stage HBM technology roadmap, aiming to achieve true 3D ZHBM.
8. The National Marine Forecasting Center issues a yellow warning for sea waves. Due to Typhoon “Zitan,” the Beibu Gulf will experience large waves to giant waves.