Real-time News

Futures News, June 5th: Since May, silver prices have risen and then fallen, with the price trending downwards within a narrow range. As of June 4th, the domestic spot price of #1 silver was 17,711 yuan/kg, a cumulative decrease of 4.41% compared to the beginning of May. In early May, the US and Iran signaled a willingness to negotiate, coupled with Peru's energy emergency decree, which raised concerns about mine output, causing silver prices to fluctuate upwards. However, with major consumer India raising import tariffs on silver, the resignation of dovish Fed member Milan, and the stalemate between the US and Iran on key issues, the market traded on interest rate hike expectations, putting downward pressure on silver. Looking ahead, the macroeconomic logic remains focused on the Fed's interest rate decision and the US-Iran negotiations. Domestic inventory levels are currently high, and slightly weak consumption has failed to provide fundamental support. In the short term, attention will be focused on the US May non-farm payroll report and CPI data. It is expected that silver prices will lack a clear direction in the short term.

June 5th - Thailand's inflation unexpectedly slowed in May, remaining within the central bank's target range, reducing pressure to implement interest rate interventions. Data released by the Commerce Ministry on Friday showed that the Consumer Price Index (CPI) rose 2.79% year-on-year in May, a slowdown from 2.89% in April. The Bank of Thailand has consistently viewed price increases as temporary and has indicated its willingness to ignore any short-term inflation spikes, stating that tightening monetary policy has had little effect on addressing supply-driven shocks. Governor Vitai Ratanakorn stated this week that the current policy rate "remains appropriate for now." The Commerce Ministry expects the inflation rate to reach 3% in June and remain above 3% in the second half of the year.

June 5th - At today's Tencent Cloud AI Industry Application Conference, Gao Hang, General Manager of Tencent Cloud and head of TokenHub, revealed that Tencent Cloud's large-scale model service platform TokenHub has maintained a doubling growth rate every month for the past three months since its launch, and the daily token consumption has now exceeded 5 trillion.

On June 5th, according to Tianyancha App, Anhui Deyi Energy Technology Co., Ltd. recently underwent industrial and commercial changes. The original shareholders, Wuhu Ekotech Powertrain Co., Ltd. and Wuhu Zhenyong Enterprise Management Center (Limited Partnership), withdrew, and Wuhu Qida Power Battery System Co., Ltd., a subsidiary of Chery Automobile, became a new shareholder. At the same time, the registered capital increased from RMB 1.8 billion to RMB 2.3 billion, an increase of approximately 28%.

On June 5th, S&P Dow Jones Indices announced on Thursday that it will maintain the current eligibility requirements for major benchmark indices such as the S&P 500, rejecting proposals to quickly include mega-cap companies like SpaceX after their IPOs. The index provider stated in its announcement that it will not shorten the current 12-month maturity period for newly listed companies, nor will it exempt existing profitability and public float requirements based on company size. This decision contradicts the broader industry shifts undertaken by its competitors Nasdaq and FTSE Russell. This outcome means that SpaceX, which is preparing for what could be the largest IPO in history, will not be eligible for inclusion in the S&P 500 for at least one year after its listing. The company will also need to meet the index's existing profitability and public float requirements. ETF analyst James Seifert said, "I'm really surprised. But S&P is a market leader, and they can go against the grain."

SK Hynix shares continued their decline, falling nearly 8%; Samsung Electronics shares fell 4.8%.

On June 5th, according to Tianyancha's intellectual property information, AntChain (Shanghai) Digital Technology Co., Ltd. recently applied to register multiple "DTClaw" trademarks, covering international classifications such as scientific instruments, advertising and sales, and communication services. All trademarks are currently awaiting substantive examination. The company was established in June 2017, with ZHAO WENBIAO as its legal representative and a registered capital of 2.107 billion RMB.

On June 5th, according to Tianyancha's legal information platform, Country Garden Real Estate Group Co., Ltd. and others were recently added to the list of judgment debtors, with an enforcement target of over 890 million yuan. The executing court is the Cixi People's Court. The company was established in April 2015, with Jian Nuantang as its legal representative and a registered capital of approximately 15.32 billion yuan. Its business scope includes real estate development and sales, property leasing, and real estate investment consulting. It is jointly held by Foshan Shunde Zhouhua Investment Consulting Co., Ltd. and Shenzhen Country Garden Technology Development Co., Ltd. Risk information shows that the company currently has multiple records as a judgment debtor, subject to consumption restrictions, listed as a dishonest judgment debtor (debt dodger), and cases closed due to lack of assets.

Honda China: Terminal vehicle sales in May 2026 were 28,279 units, and cumulative terminal vehicle sales from January to May were 173,344 units.

According to The Information, data center developer Switch is in talks to raise billions of dollars at a valuation of over $50 billion.

Royal Bank of Canada raised its price target for Oracle (ORCL.N) from $160 to $190.

June 5th - China Electronics Technology Group Corporation (CETC) announced that its 55th Research Institute has recently delivered over five million units of the world's first mass-produced silicon-based gallium nitride (GaN) radio frequency (RF) chip for smart terminals. This marks the world's 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, Tencent launched its "Efficiency Intelligent Agent Toolset" at the 2026 Tencent Cloud AI Industry Application Conference. This suite addresses three main needs: personal efficiency improvement, office efficiency improvement, and enterprise efficiency improvement, offering differentiated intelligent agent solutions for over 20 vertical scenarios. For individual users, the local AI assistant QClaw pioneered a "direct WeChat connection" mode and integrates with tools such as Tencent Docs, Tencent Meeting, IMA, and QQ Mail. For professionals, Tencent launched the "Buddy" family of products. For enterprise users, Tencent also officially released WorkBuddy Enterprise Edition and the Agent Suite office intelligent agent suite, and upgraded its enterprise intelligent agent management platform ClawPro and intelligent agent development platform ADP 4.0.

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 China's 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 Huang's 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 team's 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.

On June 5th, the Liaoning Provincial Development and Reform Commission publicly solicited opinions on the "Liaoning Province's 15th Five-Year Plan for Regional Coordinated Development (Draft for Solicitation of Opinions)." The plan mentions supporting Dalian's development into a modern marine city. It emphasizes strengthening Dalian's regional aviation hub function, completing the Dalian Jinzhou Bay International Airport, consolidating its role as an international hub seaport, and accelerating the construction of modern port facilities. It also aims to enhance the Dalian Commodity Exchange's ability to serve the real economy and develop futures-spot combined business. Furthermore, it promotes the construction of spot trading markets for green marine fuels such as green hydrogen, green alcohol, and green ammonia.

On June 5th, the Shenzhen Financial Regulatory Bureau, in conjunction with the Shenzhen Municipal Bureau of Industry and Information Technology and other departments, issued the "Notice on Several Measures to Promote the High-Quality Development of New Energy Vehicle Insurance in Shenzhen." The notice mentions optimizing the benchmark premium rate for new energy commercial vehicle insurance, supporting the insurance industry in utilizing experience data to scientifically determine the pure risk loss rate of different vehicle models, and using this as an important reference for vehicle risk classification and benchmark premium rate setting, thereby improving the accuracy and rationality of new energy vehicle insurance pricing. It also calls for improving the market-based terms and rates formation mechanism and steadily expanding the floating range of independent pricing coefficients. Furthermore, it encourages property insurance companies to incorporate new risk factors such as driving range, safety features, and power performance into their pricing models, explore the application of traffic violation coefficients in pricing, and promote a better match between new energy vehicle insurance prices and risks, thus enhancing the scientific nature of pricing.