Harvest CNI Communication ETF(159695.SZ)

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Harvest CNI Communication ETF
159695.SZ
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China Stocks Mixed as Geopolitical Risks Weigh

China's stock market showed mixed results as the Shanghai Composite fell 0.2% to below 4,080, while the Shenzhen Component rose 0.3% to 14,070. Geopolitical tensions, particularly China's export controls on military-use products to Japan, affected investor sentiment. Defense stocks suffered losses, with China Spacesat down 5.6%. In contrast, technology and AI-related shares performed well, with Zhongji Innolight gaining 2.8% and BlueFocus Intelligent rising 7%.

Trading Economics·
SZ
300308
-3.90%
SZ
300058
+5.31%
Trading Economics·
SZ
300308
-3.90%
SZ
300058
+5.31%

China’s telecoms giants bet on AR smart glasses with major investment in RayNeo

Chinese smart glasses maker RayNeo has secured funding from major state telecommunications operators, including subsidiaries of China Unicom and China Mobile. This investment marks a strategic entry into the smart glasses sector, coinciding with the debut of RayNeo's AR glasses at CES. The funding, reportedly exceeding 1 billion yuan (US$143 million), will enhance RayNeo's product development through improved eSIM management and 5G networks. The new RayNeo X3 Pro Project eSIM glasses allow for independent functionality, enabling features like streaming music and real-time translation without smartphone dependency.

南华早报·
SH
600050
+1.74%
南华早报·
SH
600050
+1.74%

Wingtech’s control over Nexperia must be restored to protect global chip supply, chairwoman says

Wingtech's chairwoman Ruby Yang warned that the global AI chip and semiconductor supply chain is under threat due to a dispute over control of Nexperia. The Dutch court ruling split Nexperia's operations between the Netherlands and China, causing supply disruptions. Ruby accused the Dutch state of violating a bilateral investment treaty and claimed Dutch managers are exploiting the situation. The dispute has led to production issues for companies like Honda. Wingtech may seek international arbitration if unresolved in six months, with potential claims up to $8 billion.

Cryptopolitan·
SH
600745
+0.62%
US
SOXL
-3.18%
Cryptopolitan·
SH
600745
+0.62%
US
SOXL
-3.18%

China Stocks Struggle as Policy Cues Eyed

Chinese stocks showed mixed performances as investors awaited policy guidance from Beijing. The Shanghai Composite fell 0.3%, while the Shenzhen Component edged up 0.05%. Tech shares led losses, with notable declines in Zhongji Innolight, ZTE Corp, Suzhou TFC, and Foxconn Industrial. Meanwhile, Eoptolink Technology, Moore Threads, and Contemporary Amperex posted gains. Markets are focused on the Central Economic Work Conference for 2026 growth targets and policy plans.

Trading Economics·
SZ
300502
-2.37%
SZ
300308
-3.90%
Trading Economics·
SZ
300502
-2.37%
SZ
300308
-3.90%

Wingtech challenges Nexperia decisions at Netherlands' Supreme Court

Wingtech has appealed to the Netherlands' Supreme Court against decisions stripping it of control over Nexperia, citing Dutch state influence and lack of input. The dispute began when the Dutch government seized control of Nexperia, affecting chip production crucial for the auto industry. Wingtech argues the decisions were improper and made without hearing its arguments. The Supreme Court's ruling is awaited, while chip shortages continue to impact the industry.

Reuters·
SH
600745
+0.62%
Reuters·
SH
600745
+0.62%
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