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On June 24th, Daiwa Securities issued a report upgrading Geely Automobile (00175.HK) from "Hold" to "Buy," raising its target price from HK$23.7 to HK$27. The report stated that Geelys brand upgrade and overseas expansion will drive profit growth. Daiwa raised its sales forecast for Geely Automobile by 1.2% for 2026-2028, primarily due to its overseas expansion plans and strong order growth momentum for the Zeekr9X. The bank also raised its average selling price forecast for 2026-2028 by 5-6%, and its gross margin forecast by 0.3 percentage points, mainly due to the brands premiumization strategy. Overall, Daiwa raised its revenue forecast for 2026-2028 by 6-8%, and its net profit forecast by 12-16%.SoftBank CEO Masayoshi Son: Intels (INTC.O) manufacturing role is crucial as tech giants seek to surpass TSMC (TSM.N).SoftBank CEO Masayoshi Son: The upcoming Nvidia (NVDA.O) and Apple (AAPL.O) deal is driving Intels (INTC.O) market capitalization to soar.SoftBank CEO Masayoshi Son: Intel (INTC.O) plays an indispensable role in U.S. national security.On June 24, the State Council Information Office held a press conference to introduce the "Law of the Peoples Republic of China on Promoting Ethnic Unity and Progress" and related information on my countrys ethnic work. The press conference revealed that from 2012 to 2025, the GDP of the five autonomous regions of Inner Mongolia, Guangxi, Tibet, Ningxia, and Xinjiang will increase from 3.25 trillion yuan to 8.66 trillion yuan, with all ethnic groups embarking on a new journey of Chinese-style modernization.