Express News | ByteDance is exploring the autonomous driving field, with the project currently led by Zhou Chang's World Model team under Seed.

Breakings16:36

Sunny Optical Technology Group Stock Slips 1.5% in Hong Kong

Dow Jones16:33

Goldman Sachs: Chinese equities show 'rotation signals,' with A-share hard-tech stocks still favored and H-share internet firms seeing earnings recovery.

Goldman Sachs’ latest China strategy maintains its tactical preference for A-shares over H-shares and hard tech over soft tech, but has started paying attention to the recovery potential of large-cap H-share internet stocks following their valuation adjustments. The key to sustained H-share rebounds lies not in valuations but in earnings: losses from internet subsidies and AI-related capital expenditures continue to weigh on profits. China’s AI sector as a whole is not viewed as a bubble, though signs of localized overheating have emerged in semiconductors and certain A-share hard tech segments.

wallstreetcn10:34

Smartphones emerge as a new battleground for large AI models—what hardware segments stand to benefit from this AI 'super platform'?

① The Jieyue Xingchen AI agent smartphone is manufactured by Huaqin Technology, a company listed on the Shanghai Stock Exchange; ② ZTE Nubia will also showcase an AI agent smartphone at the upcoming 2026 World Artificial Intelligence Conference; ③ Institutions emphasize that although AI smartphones are rapidly gaining adoption, consumer usage demands, memory costs, and ecosystem integration capabilities across different manufacturers will determine competitive dynamics in the next phase of the market.

cls.cnJul 12 09:43

SemiAnalysis's latest interview: Storage still has room to double; CPUs are merely supporting actors; CPO implementation delayed until 2029

Founder Dylan Patel stated that Anthropic has become profitable, with annual recurring revenue (ARR) exceeding $50 billion, refuting doubts about its return on investment (ROI). On the hardware front, memory prices have already quadrupled and are expected to rise another 2–3 times; the structural shortage driven by inference models will persist for several years. Demand for CPUs largely reflects historical catch-up purchases—a short-term 'mini-cycle' rather than a long-term inflection point. Mass production of co-packaged optics (CPO) has been delayed until late 2028, unexpectedly extending the copper interconnects' window of opportunity, while power constraints are forcing data centers to adopt behind-the-meter power generation.

wallstreetcnJul 10 15:57

Unitree's imminent IPO and Tesla's procurement guidance provided dual catalysts, driving Hong Kong-listed robotics-related stocks sharply higher.

According to LatePost, multiple sources familiar with Tesla’s supply chain revealed that Tesla has recently issued specific procurement guidelines for Optimus components, requiring suppliers to ramp up production capacity to 1,000 units per week by September this year and further increase it to 2,000–2,500 units per week by year-end. Two individuals close to the suppliers indicated that Tesla typically places orders approximately two months in advance, and they have already seen concrete orders for several hundred units scheduled for August. Based on this, Tesla’s suppliers are expected to have the capacity to supply components for 100,000 Optimus units annually by the end of the year.

Zhitong FinanceJul 10 10:45