FedEx launched FedEx Life Sciences in 2026, focusing on healthcare logistics. The unit generates about $10 billion in annual revenue, over 10% of total. Chief Customer Officer Brie Carere said the medical logistics market opportunity is about $80 billion, with 7% CAGR, including 20% growth for GLP-1 drugs and 25% for cell and gene therapies. FedEx uses five temperature zones and real-time tracking; 40% of medical clients use FedEx Surround. Competitor UPS invested $48 million in its network, reporting $11.2 billion in medical revenue. FedEx CEO Raj Subramanian said nearly half of revenue growth is from B2B. FedEx targets $98 billion revenue by 2029.
Volkswagen Group has denied calling for the European Union to impose tariffs on Chinese hybrid vehicles. During a first-half 2026 earnings call, CEO Oliver Blume advocated for a fair competitive environment and supported Chinese automakers localizing production in Europe. He stated that if the EU decides to impose tariffs, the rate should not exceed the current level on battery electric vehicles to maintain healthy trade relations.
China International Capital Corporation (CICC) has appointed Miao Yanliang as its chief economist, succeeding Peng Wensheng, who retired upon reaching the age limit. The company expects first-half net profit to increase by 78% to 90% from the prior year and is planning a share swap merger with Dongxing Securities and Xinda Securities. Miao, who joined CICC in 2023 and changed his registration to securities investment advisory analyst in June 2025, previously served as chief economist at the State Administration of Foreign Exchange and at the IMF. Peng, who returned to CICC in 2020, had a career spanning the IMF, the Hong Kong Monetary Authority, Barclays Capital, Citic Securities, and Everbright Securities.
Juhua Co. has completed a 10,000-tonne-scale ultra-pure PFA process with total impurity content of 2PPT, lower than the 5PPT of mainstream imported products. The company also achieved scaled supply of data center immersion cooling fluid and breakthroughs in multiple semiconductor-grade high-purity fluoropolymers. This breaks the near-total import dependence for 12-inch wafer fabs, where 100% of high-purity fluorine materials were previously imported. In May 2026, a state-owned enterprise reform plan was issued to concentrate capital in strategic areas like new materials.
D-Wave Quantum and AT&T have expanded their cooperation agreement, deploying quantum annealing technology to reduce network optimization processing time from about one hour to under 15 seconds. AT&T plans to integrate the technology into tools supporting its agentic AI solutions, which have already helped reduce customer service interruptions by approximately 12 million hours in 2025. The partnership will extend to fault detection, technician routing, network planning, and traffic management.
Waymo has notified Uber of its plan to begin independent operations in Austin and Atlanta in January 2028, ending their partnership. The companies, which first partnered in 2023, have become competitors. Waymo is valued at $126 billion, while Uber has invested over $10 billion in autonomous driving. Their partnership ended in Phoenix in May 2026. Waymo will offer direct ride-hailing alongside Uber. Tensions include Uber's lobbying for a hybrid model requiring 85% human-driven orders.
Pudong Jinqiao, through its subsidiary Shanghai Jinqiao Capital Management Co. , Ltd. , has signed a partnership agreement with Zhongwei Semiconductor (Shanghai) Co. and other partners to establish the Shanghai Zhiwei Lingfeng Venture Capital Partnership (Limited Partnership). Jinqiao Capital will commit RMB 100 million as a limited partner. The fund will focus on semiconductor and related sectors, as well as high-quality investment targets in strategic emerging industries. This marks Jinqiao Capital's first participation in a regional leading CVC (corporate venture capital) industry fund.
Rolls-Royce civil aviation senior vice president Liu Xiaowei said supply chain challenges will persist through 2026, with the company targeting zero grounded aircraft by the second half of 2025. China procurement grew over 10% in 2025. The Beijing joint venture with Air China delivered its first engine in 2025 and aims for full production of 250 annual overhauls by 2034. Rolls-Royce invested 7.5 billion pounds in MRO expansion. Trent engine deliveries to Greater China account for 20% of global total, and Rolls-Royce holds over 50% fleet share in the widebody market.
Kelun-Biotech, a controlled subsidiary, has received clinical trial approval from the National Medical Products Administration’s Center for Drug Evaluation for its novel dual-load antibody-drug conjugate (ADC) SKB565, intended for advanced solid tumors. This is the first dual-load ADC drug from Kelun-Biotech to enter the clinical stage.
Zhongwang Software announced an adjustment to its share buyback plan, increasing the total fund range from a minimum of RMB 10,000,000 (10 million) and a maximum of 20,000,000 (20 million) to a new range of RMB 40,000,000 (40 million) to 80,000,000 (80 million). The adjustment, which includes the 2000 figure in the upper limit, retains all other terms of the plan unchanged.
DeepSeek, the Chinese artificial intelligence company, suspended a second round of funding ahead of a potential A-share IPO after founder Liang Wenfeng expressed dissatisfaction over the leak of a recording of his closed-door meeting with investors. The first round, completed in June, raised about $7 billion. The leak, which included content on the China-US technology gap and Nvidia chips, was published on July 22. The company informed investors of the suspension on July 26.
Want Want China (00151. HK) repurchased 1 million shares on July 27, 2026, at prices between HK$3.40 and HK$3.44, spending HK$3.4214 million. The stock closed at HK$3.43, down 0.29%, with turnover of HK$35.0121 million. Year to date, the company has completed 16 repurchases totaling 14.119 million shares for HK$48.9529 million, including a March 30 buyback of 1.4 million shares.
In the first half of 2026, Envision Energy secured over 4.4 gigawatts of new overseas orders, covering North Africa, Southern Europe, and Southeast Asia. The company will supply large offshore smart turbines for the 128-megawatt Vinh Long nearshore wind project in Vietnam. Separately, Dajin Heavy Industry's deep-sea offshore wind base in Tangshan Caofeidian began production in 2026, becoming the world's first fully indoor factory for ultra-large offshore products. As of 2026, Dajin's overseas orders in hand exceeded RMB 10 billion, with products exported to more than 30 countries and regions.
Nvidia invested approximately $5 billion in Safe Superintelligence Inc. (SSI), a startup founded by former OpenAI chief scientist Ilya Sutskever. SSI will receive priority access to Nvidia's next-generation Vera Rubin computing platform, with its available computing power set to increase tenfold over the next 12 months. The partnership also includes technical collaboration. SSI, founded in 2024, has raised about $7 billion prior to this investment and has no products or public research. Nvidia's stock fell nearly 5% on the announcement.
Reddit is evaluating whether to continue providing content to Google under a $60 million annual AI training deal signed in 2024. By 2026, internal discussions have emerged about cutting off Google’s access as AI overviews redirect traffic away from Reddit and the industry shifts from volume to quality in data demand. Reddit, with 64% of users aged 18-29 and 63% holding a college degree, sees the deal as a “traffic acquisition cost” that may lead to permanent user loss.
Anlogic Technology (688107) announced on July 27 that the China Securities Regulatory Commission (CSRC) has approved its registration application for a private placement of shares to specific investors. The regulatory clearance enables the company to proceed with the directed issuance as part of its capital-raising plan.
OpenAI CEO Sam Altman used ChatGPT Work on his phone to plan a nine-person long weekend trip with a single prompt, generating three options and a full-stack discussion website. The product, launched on July 9 and powered by GPT-5.6 and Codex technology, is designed for complex multi-step tasks. OpenAI President Greg Brockman shared the post. Codex now has over five million weekly users, with over one million using it for non-programming tasks, and nearly 100% of OpenAI's teams use Work and Codex.
TSMC's 2nm process has entered full-speed production, with its Fab 20 facility achieving a monthly output of over 20,000 wafers. Tape-out volumes for 2nm are four times that of the 3nm process at the same stage. In the third quarter of 2026, the 2nm node is expected to contribute approximately 3% of TSMC's revenue, primarily from design verification and tape-out fees. Key clients include Google's Pixel 11 with Tensor G6, Apple's iPhone 18 with A20 Pro, AMD's MI455X for Agentic AI, and Nvidia's upcoming Rubin platform. Meanwhile, 3nm remains TSMC's main capacity at 175,000 wafers per month.
Evergrande Property's liquidator said it continues discussions with several potential buyers after a previous bidder withdrew, and plans to invite due diligence. As of the announcement date, talks remain preliminary, the sale timetable is not final, and no offers or binding agreements have been received.
Guotai Haitong announced on July 27 that it has received regulatory approval to issue corporate bonds to professional investors. The China Securities Regulatory Commission approved the registration of the public issuance, with a total face value not exceeding RMB 80 billion. The company disclosed the approval in a filing.
Apple will report earnings after Thursday's close. Options market shows bullish tilt: Friday's total premium reached $590 million, with $442 million in calls. A single trader opened a $2.6 million call position (strike $280, mid-August) with delta near 1. The most active weekly call (strike $340) requires a 3.4% rise to break even. Implied volatility is at a one-year high. The stock is less than $2 from its record high, up 20% since late June. Options pricing implies a 4% post-earnings move, above the historical average of 1%.
On July 27, Bai Fan, chairman of Beijing Tourism Group, met with Tang Bing, deputy mayor of Huainan, to discuss cooperation on cultural tourism industry upgrades, key project operations, comprehensive tourism development, and industrial coordination between the Beijing-Tianjin-Hebei region and the Yangtze River Delta. The talks focused on exploring collaboration needs in these areas to boost regional tourism and economic ties.
Following the release of its half-year report, Zhongchuan Teqi's stock price experienced fluctuations. The company is set to have a booth at the 2026 China International Semiconductor Exhibition in Shanghai on March 26, 2026.
China Harbour Engineering announced on July 27 that it has won a bid for the construction of port facilities in Annaba, eastern Algeria. The project, awarded by Algeria's national oil company Sonatrach, will be executed under an EPC lump-sum turnkey contract with a 36-month timeline. The scope includes six berths along the quay, a railway loading station, storage areas, materials handling, utilities, fire safety, equipment maintenance, and supporting facilities.
Changxin Technology surged 465% on its first day of trading on the STAR Market, achieving a market capitalization of over RMB 3 trillion. Separately, Yingren Technology filed a prospectus for a STAR Market IPO, aiming to raise RMB 3.233 billion. The company reported cumulative net losses of RMB 1.37 billion from 2023 to 2025, with revenue growing from RMB 358 million to RMB 1.034 billion over the period.
Lily Group shares surged more than 400% from late April to July 22, 2026, hitting a record high of RMB 85.02, before falling limit-down to RMB 68.32 on July 27. The rally was driven by photoresist concept hype, but the company's photoresist pigment revenue accounted for just 0.084% of total sales in 2025. First-quarter 2026 net profit dropped 6.23% year-on-year. The controlling shareholder and senior executives have disclosed share reduction plans.
Orient Securities plans to acquire 100% of Shanghai Securities for a total consideration of RMB25.12 billion through a mix of share issuance and cash. Under the draft restructuring plan, Orient Securities will issue approximately 2.289 billion shares at RMB10.29 apiece and pay RMB1.57 billion in cash. The combined entity would have around 250 branches, with wealth management client accounts rising from 3.29 million to more than 5 million and the number of high-net-worth clients with assets exceeding RMB3 million increasing by over 50%. Based on 2025 figures, the simple sum of attributable net profit would be about RMB7 billion. The transaction remains subject to regulatory approvals and will introduce Bailian Group and Shanghai International Group as significant strategic shareholders.
BYD has won a tender for a site in Kwun Tong, Hong Kong, for HKD 12 million, with plans to build an electric vehicle charging station. The Hong Kong Lands Department announced the site, located at 77 and 79 Hiu Kwong Street, New Kowloon Inland Lot No. 6677, has a 12-year lease and an area of about 1,022.1 square meters. BYD (H. K.) Co. , Limited was the highest bidder.
Orient Cable (603606. SH) reported 2025 revenue of RMB 10 billion, up 19.26% year-on-year, a first-time milestone. Net profit attributable to shareholders rose 26.11% to RMB 1.271 billion, while adjusted net profit grew 38.01%. Submarine cable revenue surged 65.6% to RMB 5.363 billion, becoming the largest segment. Gross margin widened to 22.07% from 18.77%. Export revenue grew 70.83% with a margin of 38.5%, contributing 11.6% of revenue. Operating cash flow jumped 76.58%. As of April 21, 2026, orders in hand exceeded RMB 18.4 billion.
PowerChina has completed construction of the Lusenfa Solar Photovoltaic Project in Zambia, the country's first hydro-solar complementary project. The project recently received a handover certificate. It integrates solar power generation with existing hydropower regulation, using a 'solar priority, hydropower regulation' model to achieve multi-energy coordination. The project makes full use of the existing hydropower station's infrastructure.