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Real-time News
June 5th - China Electronics Technology Group Corporation (CETC) announced that its 55th Research Institute has recently delivered over five million units of the worlds first mass-produced silicon-based gallium nitride (GaN) radio frequency (RF) chip for smart terminals. This marks the worlds first large-scale commercial application of GaN RF chips in smart terminals, providing crucial support for the full coverage and high-speed interconnection of integrated air-space-ground information networks. The GaN RF chips feature high power, high efficiency, ultra-wide bandwidth, and high reliability, precisely matching the stringent technical requirements of integrated air-space-ground communication for RF power amplifier chips in terms of high efficiency and high linearity. This effectively solves the industrialization challenges of high-end RF chips, contributing to the construction of a seamless, all-encompassing air-space-ground communication network and accelerating the realization of the global vision of seamless communication and the Internet of Things.On June 5th, UBS reported that the Hong Kong stock market has remained highly active this year, with significant structural changes. Hard technology and new-type productivity companies have become the absolute backbone of IPOs. Data shows that since the beginning of the year, technology and innovation companies have accounted for 63% of Hong Kong IPOs, a significant jump from 16% in the same period last year. Chen Ge, Co-Head of Global Investment Banking at UBS Securities, stated that Hong Kong stock market financing in the first five months of 2026 has reached approximately US$43 billion, a significant increase from US$28 billion in the same period last year. UBS research predicts that the total IPO financing in Hong Kong for the year is expected to reach US$45 billion to US$50 billion, and remains confident in the Hang Seng Index breaking through 30,000 points this year. Looking ahead to the second half of the year, the core driving force of Chinas capital market is likely to be dominated by substantial growth in corporate profits. UBS is optimistic about two types of assets: first, large-cap technology leaders benefiting from the global application of AI and possessing self-reliant and controllable technology; and second, small and medium-sized enterprises with structural overseas expansion capabilities.On June 5th, at the Tencent AI Industry Summit, in response to criticism that "Tencent is slow," Tencent Senior Executive Vice President Tang Daosheng acknowledged that different business lines in a complex organization move at different paces, with some moving quickly and others slowly, experiencing failures and explorations. He stated that he is open to external criticism and suggestions. Tang Daosheng said, "In this long-distance race, I believe that models will continue to iterate, user needs will continue to change, and new product forms will emerge. I think we reacted relatively quickly to the lobster craze at the beginning of this year."On June 5th, Nvidia CEO Jensen Huang will visit South Korea and meet with leaders of major South Korean companies. According to Nvidia and IT industry sources on the 5th, CEO Huang will arrive at Gimpo Airport around 1 PM that day. It is understood that CEO Huang will give a brief welcome speech and participate in a Q&A session at the airport. Upon arrival in South Korea, CEO Huangs first destination will be an internet cafe operated by the esports team T1. According to gaming industry sources, CEO Huang will visit the "T1 Base Camp" internet cafe in Seoul that afternoon and meet with the entire T1 League of Legends team. It is understood that the teams starting five, including captain Faker (Lee Sang-hyeok), Doran, Oner, Peyz, and Keria, will all attend the meeting. CEO Huang is expected to exchange ideas with players and team personnel at the event and discuss plans to revitalize the esports industry.The main contract for the container shipping index (European route) fell by 2.00% during the day, currently trading at 3609.0 points.
