Real-time News

Market news: German automotive parts manufacturer Continental is close to finalizing an agreement to sell its industrial technology business unit, ContiTech.

July 3rd - According to the website of the China Maritime Safety Administration, the Huangshi Maritime Safety Administration issued a navigation warning that from 10:00 to 14:00 on July 8th, a unit of the Chinese People's Liberation Army will conduct military activities in the waters near the Huanggang Railway-Highway Bridge on the lower reaches of the Yangtze River. During the military activities, the Huangshi Maritime Safety Administration will implement temporary traffic control in the nearby waters.

Chief Vice President of VTB Bank: VTB Bank plans to increase reserves in the second half of the year.

On July 3, Xinhengtai issued an announcement stating that a fire occurred at approximately 8:10 AM on July 3, 2026, in Plant No. 1 of its factory area in the Xinfeng Town Industrial Park, Nanhu District, Jiaxing City, Zhejiang Province. Following the incident, the company immediately activated its emergency response plan, established an on-site emergency leadership team, and cooperated with relevant government departments to carry out emergency response and on-site rescue work. With the joint efforts of local fire, emergency, and environmental protection departments, the fire was brought under control and extinguished. No casualties were reported, and the incident did not cause any significant impact on the surrounding environment. The specific cause of the accident is currently under investigation and verification.

On July 3, King Frederick X of Denmark met with Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, at Amalienborg Palace. Wang Yi stated that the Communist Party of China is leading the Chinese people in making great strides towards Chinese-style modernization, creating a new form of human civilization and propelling human development into a new stage. The greatest changes in the 21st century will continue to occur in China. China's development and revitalization represent a growth force for world peace and stability and will also bring new opportunities to all countries, including Denmark. Denmark has unique advantages in green and innovative development, and the China-Denmark Green Joint Working Plan has become a highlight of bilateral cooperation and set a benchmark for international cooperation. China is willing to further strengthen cooperation with Denmark in emerging fields such as the green economy, innovative development, and artificial intelligence, enhance people-to-people exchanges, and strengthen the friendship between the two peoples. He hoped that the Danish Royal Family would continue to play a leading role in China-Denmark friendship.

Polish Foreign Minister: It would be a crazy move if Russian President Putin decided to test NATO unity.

European Commission President Ursula von der Leyen: The European Commission will soon submit a proposal document on the settlement issue.

European Commission President Ursula von der Leyen: Israeli settlement expansion is unacceptable.

According to Indian media PTI, Meta Platforms (META.O) will submit its final response to the Indian government within three days.

July 3 – The Party Leadership Group of the Ministry of Commerce held a meeting on July 3 to specifically convey and study the spirit of General Secretary Xi Jinping's important speech at the ceremony celebrating the 105th anniversary of the founding of the Communist Party of China, and to plan and deploy the work of studying and implementing it. The meeting demanded that the decisions and deployments of the Party Central Committee be resolutely implemented, and that all efforts be made to align with these directives to ensure that the business sector moves forward along the correct political direction. It also stressed the need to promote key tasks such as expanding consumption, stabilizing foreign trade and investment, and multilateral and bilateral economic and trade cooperation with a tenacious spirit, striving to achieve a good start for the 15th Five-Year Plan.

According to Indian media PTI, Meta Platforms (META.O) met with Indian officials after receiving notification regarding the username feature.

Irish Prime Minister: We will share the results of the bauxite survey with the EU.

European Commission President Ursula von der Leyen: Housing is a major social challenge of our time.

European Commission President Ursula von der Leyen: The goal is to launch a European housing union.

Market news: The UK's request to participate in relevant meetings after Brexit has sparked dissatisfaction from the EU.

Iraq's Ministry of Oil: The implementation protocol between Iraq and Türkiye will pave the way for a new agreement to be reached within a year of the current agreement's expiration.

Bank of America projects that the SELIC interest rate in Brazil will reach 12.25% by 2028.

The Central Bank of Chile purchased $25 million.

July 3rd - On July 2nd, at the main forum of the 2026 Global Digital Economy Conference, the Beijing Municipal Bureau of Economy and Information Technology and the United Nations Industrial Development Organization (UNIDO) officially signed a joint statement on cooperation to promote Beijing's industrial development, innovation, and digital transformation. This is a pioneering move in the institutionalized strategic cooperation between the two parties, filling the gap in cooperation between the capital's industrial digitalization sector and the United Nations Sustainable Industrial Development System. The joint statement establishes a long-term and stable cooperation framework, clarifying information sharing, experience sharing, industrial collaboration, capacity building, and technology transfer as the core directions of cooperation, and focusing on promoting two core tasks: first, establishing a global center of excellence for intelligent manufacturing and robotics; and second, deeply participating in the Global Digital Economy Conference and empowering the construction of the Global Digital Economy Cities Alliance.

On July 3, Meitu (01357.HK) announced that its board of directors was informed by Mr. Wu Zeyuan, the company's founder, chairman, and CEO, that Mr. Wu purchased 1,600,000 shares of the company on the open market of the Hong Kong Stock Exchange on July 3, 2026, at an average price of HK$4.023 per share. Mr. Wu has never sold any shares of the company and has repeatedly increased his shareholding in the company since May 10, 2018, demonstrating his continued confidence in the company. Including this purchase, Mr. Wu has cumulatively purchased 5,580,000 shares. Following this purchase, Mr. Wu's aggregate interest in the company increased from 593,196,670 shares to 594,796,670 shares, representing approximately 12.93% to approximately 12.97% of the company's issued share capital.