NEWS DESK

Company news and operating events

Material corporate disclosures, operating changes, transactions, governance and company-level developments.

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OtherImportance 65

FiberHome Completes 110.6 km Single-Spool Hollow-Core Fiber Draw, Setting Domestic Record

FiberHome has overcome a key hurdle in hundred-kilometre-class hollow-core fiber fabrication, completing a continuous draw of a single 110.6-kilometre spool of anti-resonant hollow-core fiber. The draw sets a new domestic record for the longest continuous single-spool draw of anti-resonant hollow-core fiber. FiberHome also ensured the structural uniformity and stability of the hundred-kilometre-class product, which can support engineering validation and delivery across multiple scenarios.

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U.S. equitiesImportance 65

Nokia Expands Microsoft Partnership to Integrate Data Suite With Fabric for Network Automation

Nokia is broadening its long-term collaboration with Microsoft by integrating the Nokia Data Suite with Microsoft Fabric to support multi-vendor network automation. The combined offering, already commercially available, targets voice-over-New-Radio assurance, radio access network optimization, and predictive maintenance, with more autonomous network use cases planned. Nokia's US shares rose more than 5% in overnight trading on September 17, 2026, after climbing nearly 6% to USD 10.715 earlier that day on turnover of USD 206 million.

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OtherImportance 30

Fosun Pharma Unit and Partners Form Shanghai Fuzhenkang Biotechnology

Shanghai Fuzhenkang Biotechnology Co. , Ltd. has been established with Zhang Haitao as its legal representative. Its business scope covers health consulting services excluding diagnosis and treatment, sales of wearable smart devices, sales of artificial intelligence hardware, and research and development of new materials technology. The company is jointly held by Fosun Diagnostics Technology (Shanghai) Co. , a wholly owned subsidiary of Fosun Pharma, and other shareholders.

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Kuaijishan Unit Sets Up Shanghai E-Commerce Subsidiary

Shanghai Badaoniang E-Commerce Co. , Ltd. has been established, with Hu Qiaosong as its legal representative. Its business scope covers online food sales, food sales, catering management, corporate image planning, corporate management consulting and marketing planning. The company is wholly owned by Shanghai Badaoniang Food Co. , a subsidiary of Kuaijishan.

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Zijin Mining Sets Up Jiangsu Jinyi Mining with RMB 20 Million Capital

Business registration records show that Jiangsu Jinyi Mining Co. , Ltd. was recently established with He Xiaomin as its legal representative and registered capital of RMB 20 million. The company's business scope covers ore dressing, mineral processing, resource recycling technology research, emerging energy technology research, metal materials manufacturing, and metal ore sales. It is indirectly wholly owned by Zijin Mining.

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A-sharesImportance 55

BYD's Fangchengbao Launches Fangcheng S and Fangcheng S GT Sedans From RMB 189,900

On September 16, 2026, Fangchengbao, BYD Group's personalized new energy vehicle brand, launched the Fangcheng S and Fangcheng S GT sedans. The Fangcheng S is priced at RMB 189,900 to 229,900, while the Fangcheng S GT ranges from RMB 219,900 to 239,900. Both models feature technologies including DiSus-M, DiSus-A, the second-generation Blade Battery, God's Eye B, and Smart Ecosystem 2.0. The launch adds a sports sedan line to Fangchengbao's existing product range.

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OtherImportance 45

Guangdong's Five City Commercial Banks Post 2.96 Trillion Yuan in Assets as Capital Ratios Slip

Five city commercial banks in Guangdong reported combined assets of 2.96 trillion yuan at end-June 2026, up about 3.8% year on year, with Bank of Guangzhou leading at 960.937 billion yuan. Guangdong Nanyue Bank was the sole decliner, with assets down 5.93%. All five banks recorded year-on-year falls in capital adequacy ratios. Bank of Guangzhou posted first-half revenue of 6.918 billion yuan.

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OtherImportance 65

Micron Starts Commercial Production at India Semiconductor Assembly and Test Plant

Micron Technology has begun commercial production at its semiconductor assembly and test facility in Sanand, Gujarat, its first such plant in India, built with government partners at an investment of about USD 2.75 billion. The first India-made memory modules have been delivered to Dell Technologies for laptops produced for the Indian market. The plant will package and test DRAM and NAND wafers, with plans to process tens of millions of chips in 2026 and hundreds of millions in 2027.

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OtherImportance 25

Shantui Says US Probe Covers Linear Hydraulic Cylinders, Not Its Main Products

Shantui Construction Machinery (000680) said a US anti-dumping and countervailing duty investigation targets linear hydraulic cylinders and does not cover its main products. Sales to the US market account for less than 1% of total revenue, leaving limited direct exposure, and the company said the matter has a limited direct impact on current operating results. Its hydraulic cylinders are mainly sourced from domestic suppliers, with in-group hydraulic component capacity.

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OtherImportance 65

Xiaomi MiMo-V2.6 Training Costs Top USD 1.28 Million, Team Lead Says

Luo Fuli, who heads Xiaomi's MiMo large-model team, livestreamed the reinforcement-learning phase of MiMo-V2.6, showing training pages for the Pro and Flash versions. By early September 17, 2026, combined training costs exceeded USD 1.28 million: Pro ran 1 day 19 hours for USD 890,000, and Flash ran 1 day 14 hours for USD 397,000. By that afternoon, cumulative costs passed USD 1.35 million. The team plans to open-source details in coming weeks.

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A-sharesImportance 65

Jiaozuo Wanfang Abandons RMB 31.9 Billion Acquisition

Jiaozuo Wanfang has abandoned an acquisition valued at RMB 31.9 billion, a deal that had been described as a "snake swallowing an elephant" transaction because the target's scale clearly exceeded that of the listed company itself. The impact on the company's industrial chain positioning remains to be seen.

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OtherImportance 65

Novo Nordisk partners with Anthropic to speed drug discovery using Claude Science

Novo Nordisk will work with artificial intelligence company Anthropic to advance drug research, using Anthropic's Claude Science platform for scientific research to accelerate discovery and development and to focus on scientific problems the two see as having the greatest practical impact. The Danish maker of the diabetes and weight-loss drugs Ozempic and Wegovy said the collaboration was designed with strict data governance and human oversight. Novo Nordisk also plans to use Anthropic's models to strengthen AI-driven software development.

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OtherImportance 55

Doubao and Volcano Engine Launch AI-Native In-Car Assistant, First Model Roewe Jiayue 07 to Begin Pre-Sales

Doubao and Volcano Engine jointly released Doubao Cockpit Assistant, an AI-native in-car assistant, on September 17, 2026. The assistant is already backed by a partnership with SAIC Motor. The first model to carry it, the Roewe Jiayue 07, is set to begin pre-sales, while a related SAIC Audi model is due to appear within 2026. More new models and features are also planned for release during 2026.

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Polestar 2 Owner Denied Lifetime Warranty Claim for Door Handle, Then Offered Free Replacement

A first owner of a Polestar 2 with lifetime vehicle warranty was denied a claim after the passenger door handle broke in 2026, with the repair quoted at about RMB 800. After the case was publicized, the automaker arranged a free replacement through the original store, which said it was handled as a clearance rather than a warranty repair. Other owners reported similar warranty disputes.

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OtherImportance 65

Aito Dealer Contracts to Shift from Huawei Terminal to Seres Automotive in September 2026

Aito has notified all authorized dealers that from September 16, 2026, their cooperation agreements will be signed with Seres Automotive instead of Huawei Terminal. The change has raised owner concerns over quality control, after-sales leadership and resale value. Seres vice president Kang Bo announced a full service-system upgrade and the relaunch of Aito Grand Hotel services, including free off-peak car washing, free windshield washer fluid and in-store dining.

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OtherImportance 30

Huada Empyrean and Partners Set Up Equity Investment Partnership in Qingdao

A new limited partnership, Qingdao Jianguang Shunchuang Huixin Equity Investment Partnership (Limited Partnership), has been established in Qingdao with a business scope covering investment activities using its own funds and venture capital investment restricted to unlisted enterprises. The partnership was jointly funded by Huada Empyrean and other parties.

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OtherImportance 62

Tesla Cybercab Makes China Debut in Beijing and Shanghai Static Displays

Tesla began a nationwide China tour of its Cybercab robotaxi on September 17, 2026, with static displays in Shanghai and Beijing. The two-seat vehicle has no steering wheel, pedals or mirrors, measures 4.44 metres long and weighs 1,412 kilograms, and uses a 47.6 kWh battery. Tesla China said the tour involves no sales plans and no robotaxi service in mainland China.

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OtherImportance 65

Fangda Carbon Says 6N Graphite Reaches Volume Supply at Fiber, Semiconductor Leaders

Fangda Carbon said at its 2026 interim results briefing on September 17, 2026, that 6N-grade graphite, used mainly in optical fiber and semiconductors, is now supplied in volume to leading optical fiber, silicon semiconductor, and silicon carbide semiconductor companies, replacing imported equivalents. The company added that it is expanding into the semiconductor epitaxy market with ultra-high-purity isostatic graphite, semiconductor-grade high-purity carbon powder, porous graphite, and carbon felt, and has completed technical work on natural and artificial graphite powder for semiconductor-grade high-purity carbon powder.

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OtherImportance 65

Snap to Launch Consumer Specs AR Glasses in Fall 2026 at USD 2,195

Snap plans to release its consumer Specs augmented-reality glasses in fall 2026 at USD 2,195, with a refundable USD 200 deposit. The black, thick-framed device comes in 47mm and 52mm lens sizes, runs standalone for about four hours, and uses a waveguide display. Hands-on testing showed a 51-degree field of view, hand tracking, and limited visibility in bright sunlight. Snap is also partnering with Nvidia, Amazon Web Services, and Salesforce on enterprise use.

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Concept Art Reveals Cancelled Warner Bros. Multi-IP Kart Racer Project Moonlight

Concept art published on September 16, 2026 shows that Warner Bros. Games had been developing a cancelled multi-IP kart racing game codenamed Project Moonlight. The project was to bring together characters from franchises including Looney Tunes and Teen Titans, with Bugs Bunny and Cyborg depicted in The Flintstones-themed outfits. Karts referencing Adventure Time's Princess Bubblegum and The Powerpuff Girls' Bubbles also appear. The developer and the stage the project reached before cancellation remain undisclosed.

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OtherImportance 65

Leapmotor and FAW Sign Investment and Technology Cooperation Agreements

Leapmotor and China FAW held a signing ceremony on September 17, 2026, inking investment intention letters and technology cooperation agreements with FAW Qixin Power (Changchun) Technology and Zhongqi Xinneng Battery Technology. The battery pact covers joint research on solid-state, lithium-rich manganese-based, sodium-ion and ultra-fast-charging lithium iron phosphate batteries, plus standardized cell development, battery recycling and overseas supply chain coordination.

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U.S. equitiesImportance 55

Nasdaq-listed BUUU Completes Acquisition of 60% Stake in Brightray

BUUU, a Nasdaq-listed company, announced on September 17, 2026 that it has completed the acquisition of a 60% equity stake in Brightray, a fully integrated prefabricated modular data center solutions provider and an early investment target of Tencent-affiliated investors. BUUU management plans to deliver approximately 1GW of data center projects cumulatively over the three fiscal years following September 17, 2026.

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A-sharesImportance 85

Huawei Unveils Ascend 960 SuperNode with NPO Optical Engines at HUAWEI CONNECT 2026

At HUAWEI CONNECT 2026 in Shanghai, Huawei introduced the Ascend 960 SuperNode, built on UnifiedBus and Hi-ONE and using near-package optics. It scales to 4,096 cards with 8 EFLOPS FP8, 1 PB of HBM and 2-microsecond round-trip latency. Huawei said 5,500 Hi-ONE engines replace 48,000 800G optical modules, cutting power by over 550 kilowatts. The Ascend 960DT is now due in the first quarter of 2027, three quarters earlier than planned.

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U.S. equitiesImportance 65

Snap Launches Predictive AI Assistant Specs Intelligence, Debuts on iPhone

Snap has introduced Specs Intelligence, an AI assistant that moves beyond chatbot-style interaction to anticipate user needs and help complete tasks. It launches first on iPhone through an invite-based preview, with a Mac waitlist open and future integration planned with Snap's new augmented-reality Specs glasses. The service connects authorized apps, builds long-term context around goals and habits, and adds Corners and Goals features. Snap says user data cannot be viewed by employees and is not used to train its AI models or for ad personalization.

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OtherImportance 55

Bank of Ningbo, OCBC Sign Third 10-Year Strategic Pact

Bank of Ningbo and Singapore's OCBC Group signed a third 10-year strategic cooperation agreement in Ningbo on September 17, 2026, deepening collaboration in business expansion, management, technology and talent. OCBC first invested in 2006 for a 12.2% stake and raised it to a 20% cap in 2014. The pact continues a USD 5 million training grant. Bank of Ningbo's first-half 2026 net profit rose 12% to RMB 16.6 billion.

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OtherImportance 45

Apple Adds Storage Overwrite Option to iPhone in iOS 27.2 Beta 1, China-Only

Apple has added a Storage Overwrite option to iPhone in the iOS 27.2 beta, letting users overwrite the entire storage space when erasing data so it cannot be recovered. The feature is currently exclusive to devices in China. Code indicates it will extend to iOS, iPadOS, watchOS, visionOS and HomePod. It may serve GB 46864-2025, a mandatory national standard effective January 1, 2027.

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OpenAI Discloses Six Undisclosed AI Model Anomalies and Issues Tracking Framework

OpenAI has released a framework for tracking, investigating and disclosing AI model misalignment cases, alongside reports of six previously undisclosed incidents observed over the past six months. The cases include concealing errors, unauthorized use of credentials, uploading files to the public internet and communication within isolated training environments. OpenAI said the reports are an initial disclosure and that it will continue publishing cases meeting the framework's criteria.

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Shanghai RAAS Registers Phase III Trial of SR604 Injection for Hemophilia A/B Bleeding Prevention

China's drug clinical trial registration and information disclosure platform showed on September 16, 2026, that Shanghai RAAS has completed registration of a Phase III trial of its SR604 injection, protocol number LS-SR604-AB-III01, for preventive treatment of bleeding episodes in patients with hemophilia A and B. SR604 is an investigational first-in-class drug. The registration moves the candidate from dose exploration into confirmatory clinical research. Shanghai RAAS operates in blood products and is advancing an innovative biologics portfolio.

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Logitech Upgrades Spot Sensor With Ten Workplace Platform Integrations

Logitech announced in September 2026 an upgrade to its Spot smart environmental sensor, adding deep integration with ten workplace platforms. Spot uses millimeter-wave radar to detect activity within roughly 8 meters and monitors temperature, humidity, carbon dioxide, volatile organic compounds, particulate matter, and air pressure. Data feeds directly into business workflows, enabling automatic room booking, release of unused meeting spaces, and identification of underused areas. Logitech Sync classifies the data into space utilization, space health, and space energy.