TechWire

U.S. cuts off some semiconductor technology exports to China

Jensen Huang expects TSMC's U.S. plant to mass-produce Nvidia chips within year

Li Auto falls more than 5% after releasing Q1 earnings results

2025.06.18

06:44

                            Dell (DELL.N) announced a quarterly cash dividend of $0.525 per share; the company's annual cash dividend increased 18% to $2.10 per share.
                        
06:41

                            Market news: Artificial intelligence startup AnySphere received venture capital with a valuation of more than US$18 billion.
                        
06:40

                            Nanjing strives to build a trillion-level software industry
                        
                            "Building the software and information service industry into Nanjing's first trillion-level industrial cluster not only carries the dream of 850,000 software people in Nanjing, but also is a new start for Nanjing to become an industrial powerhouse." On June 17, at the opening ceremony of the 2025 Nanjing Software Conference, Nanjing Mayor Chen Zhichang said in his speech that the software and information technology service industry is the leading industry in Nanjing with the most advantages and the most foundation to become bigger and stronger. Nanjing has sounded the charge for the software industry to "move towards the trillion level". By accelerating the research of key technologies, fully embracing the big model of artificial intelligence, and proactively laying out the new intelligence track of software, it continues to promote the brand of "Look at Nanjing for Industrial Software" and use innovative practices to mark the height of Nanjing's software industry. Reporters learned that this year Nanjing has held the Software Conference for the fourth consecutive year. The conference is themed "Industrial Software Empowers Intelligence, Open Source Innovation Empowers", aiming to build a communication and cooperation platform for software companies and talents, and to provide strong support for cultivating new software productivity and building a "trillion-level" software city.
                        
05:52

                            Iranian State TV has said: "Tonight, a great surprise will occur, one that the world will remember for centuries"
                        
05:23

                            Fundamentals improved and liquidity was abundant. Institutions said that Hong Kong stocks may hit new highs in the second half of the year
                        
                            Since the beginning of this year, the Hong Kong stock market has performed well. As of the close of June 17, the Hang Seng Index has risen by more than 19%, and the Hang Seng Technology Index has risen by more than 18%. Among the Hang Seng Index constituents, stocks with a total market value of more than HK$1 trillion have all risen. Xiaomi Group-W, which has the largest increase, has risen by more than 56%, and Tencent Holdings, which has the largest total market value, has risen by more than 24%. Technology, dividend and consumer stocks have all performed well. The outstanding performance of the Hong Kong stock market is inseparable from the continuous inflow of incremental funds. Since the beginning of this year, southbound funds have continued to increase their positions in the Hong Kong stock market, with a cumulative net inflow of more than HK$690 billion, a record high for the same period in history, more than twice the same period in 2024. Institutional sources believe that external disturbances have a relatively limited impact on the fundamentals of Hong Kong stocks, and corporate profits are still resilient. Southbound funds may also continue to flow into the Hong Kong stock market to provide support. With the increase in domestic policies to stabilize growth, the performance of Hong Kong stocks has been revised upward, coupled with the improvement of the global liquidity environment, Hong Kong stocks are expected to usher in a double improvement in fundamentals and risk appetite, and embark on a journey to new highs. 
                        
04:41

                            Amazon's (AMZN.O) CEO told his employees that artificial intelligence will lead to job losses, according to the Wall Street Journal.
                        
04:14

                            All G7 member states sign joint statement on artificial intelligence, migrant smuggling, transnational repression and quantum computing.
                        
04:01

                            U.S. stocks opened lower and fell, and the three major indexes closed lower
                        
                            U.S. stocks opened lower and fell throughout the day, with the three major indexes collectively closing lower. The Nasdaq fell 0.91%, the S&P 500 fell 0.84%, and the Dow fell 0.7%. Large technology stocks fell across the board, with Tesla falling nearly 4%.
                        
03:59

                            JPMorgan Chase to pilot a deposit token on the Coinbase Blockchain.
                        
03:36

                            Sources: Musk's xAI company is expected to complete $5 billion in debt financing. The financing has limited investor demand and a coverage ratio of 1.5 times. The funds will be allocated on Wednesday.
                        
03:29

                            Musk's xAI is expected to complete $5 billion in debt financing
                        
                            Musk's xAI company is expected to complete $5 billion in debt financing. The financing has received limited investor demand and a coverage ratio of 1.5 times. The funds will be allocated on Wednesday.
                        
02:43

                            Senator Bernie Sanders has submitted legislation to prevent Trump from going to war against Iran
                        
02:38

                            “The combination of rising available listings and elevated mortgage rates is signaling potential price drops by year’s end,” Zillow has said
                        
02:35

                            Over 900,000 people in the US have a net worth in excess of $10 million
                        
02:30

                            According to the Wall Street Journal: OpenAI's partnership with Microsoft may deteriorate.
                        
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Weekly Highlights

                                    Air India flight returns after takeoff due to technical issues
                            2025-06-16

                                    Southbound funds made a large net purchase of 5.743 billion yuan today. In terms of Hong Kong Stock Connect (Shanghai), China Construction Bank and Meituan-W received net purchases of HK$1.108 billion and HK$493 million respectively; Xiaomi Group-W ranked first in net sales, with an amount of HK$1.489 billion; in terms of Hong Kong Stock Connect (Shenzhen), Meituan-W and Kangfang Biopharma received net purchases of HK$622 million and HK$206 million respectively; Xiaomi Group-W ranked first in net sales, with an amount of HK$391 million.
                            2025-06-16

                                    Arm (ARM.O): We are better than Nvidia on a wider range of platforms.
                            2025-06-12

                                    Lei Jun: Xiaomi Yu7 will be released at the end of June
                            2025-06-16

                                    Putin: Russia will create unmanned system forces as a separate branch of the military
                            2025-06-13