China Universal SSE Composite ETF(510980.SH)

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China Universal SSE Composite ETF

510980.SH

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The Hang Seng Index rose 239 points, failing to challenge 27,000. Alibaba rose 4%, leading the gains, while innovative drug stocks surged｜Hong Kong stock market closing

Hong Kong stocks opened high and closed low, with the Hang Seng Index closing up 239 points at 26,848 points. The turnover was HKD 315.1 billion, with a net inflow of HKD 1.3 billion from northbound trading. Alibaba rose 3.6%, contributing 74 points to the increase; Tencent rose 0.7%, and JD.com rose 0.4%. The biotechnology sector performed strongly, with WuXi AppTec surging 8.3% and WuXi Biologics rising 5.9%. Chinese financial stocks strengthened, with China Construction Bank rising 1.2% and China Life rising 3.5%

Stheadline·01/13/2026 16:25

Stheadline·01/13/2026 16:25

China woman buys US$28 ‘love insurance’, claims US$1,400 when she gets married a decade later

A Chinese woman, Wu, purchased a "love insurance" policy for 199 yuan (US$28) in 2016, which promised a payout of 10,000 yuan (US$1,400) if she married her partner, Wang, within ten years. After a decade-long relationship, they registered their marriage in 2025 and opted for the cash payout instead of roses or a diamond ring. The policy, issued by China Life Property and Casualty Insurance Company, was discontinued in 2017 due to regulatory changes. Their story sparked online discussions about the concept of love insurance.

南华早报·01/13/2026 09:00

南华早报·01/13/2026 09:00

Vitol, Trafigura offer Venezuelan oil to Indian, Chinese refiners for March delivery, sources say

Vitol and Trafigura are negotiating Venezuelan crude oil sales to Indian and Chinese refiners for March delivery. They have agreements with the U.S. government to market stranded Venezuelan oil, allowing exports to resume after a halt due to political changes in Venezuela. Indian refiners like IOC and HPCL are considering purchases, while Trafigura is also in talks with PetroChina. The traders are offering cargoes at a discount to Brent prices and are securing shipping logistics for the sales, with the first cargo expected to load soon.

Reuters·01/12/2026 19:06

Reuters·01/12/2026 19:06

The first central enterprise AI unicorn emerges! Backed by self-developed large models, supported by four national team capital endorsements

China Telecom Artificial Intelligence Technology (Beijing) Co., Ltd. has become the first central enterprise AI unicorn, completing its first round of capital increase and introducing four national-level strategic investors, marking its recognition in technology and market in the AI field. The company insists on self-developed large models, responding to the national development direction, and is committed to building foundational capabilities. This financing not only strengthens its market position but also indicates the intensification of global AI competition

Wallstreetcn·01/07/2026 16:30

Wallstreetcn·01/07/2026 16:30

Seven A-shares have a market value exceeding one trillion, with Agricultural Bank of China at 2.45 trillion topping the list

According to statistics, as of the close on December 31, 2025, the total market capitalization of A-shares (including only the A-share portion) exceeded 108 trillion yuan, setting a new record high at year-end. Agricultural Bank of China surpassed Industrial and Commercial Bank of China in market capitalization for the first time this year, becoming the new A-share market capitalization champion with a scale of approximately 2.45 trillion yuan. This year, there are 7 stocks in the A-share market with a market capitalization exceeding 1 trillion yuan, namely Agricultural Bank of China, Industrial and Commercial Bank of China, Moutai, China Petroleum, CATL, Foxconn Industrial Internet, and Bank of China

Wallstreetcn·12/31/2025 19:40

Wallstreetcn·12/31/2025 19:40