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Pony.ai (PONY.O): The company expects its robotaxi fleet to grow from the current 1,700 to 3,500 by the end of 2026.Pony.ai (PONY.O): Robotaxis revenue is projected to be more than 3.5 times higher in 2026 than the record set in 2025.On May 26th, data from the China Academy of Information and Communications Technology (CAICT) showed that in April 2026, domestic mobile phone shipments reached 25.733 million units, a year-on-year increase of 2.8%. Among them, 5G mobile phones accounted for 24.736 million units, a year-on-year increase of 24.4%, representing 96.1% of total mobile phone shipments during the same period. From January to April 2026, domestic mobile phone shipments totaled 86.538 million units, a year-on-year decrease of 8.6%. Among them, 5G mobile phones accounted for 80.203 million units, a year-on-year decrease of 0.9%, representing 92.7% of total mobile phone shipments during the same period.On May 26th, Honghui Fruits & Vegetables announced that its wholly-owned subsidiary, Shanghai Tenghui, has completed its capital increase and business registration change, raising its registered capital from 20 million yuan to 500 million yuan. As the acquiring entity, Shanghai Tenghui paid the first installment of 210 million yuan (30%) for the share transfer of Shimei Pharmaceutical on May 19th. Shimei Pharmaceuticals shareholder register was changed, with Shanghai Tenghui holding 41.128% of the shares. Share pledge registration was completed on May 21st, and the second installment of 140 million yuan (20%) was paid on May 22nd. Upon completion of the restructuring and appointment procedures, the company will achieve substantive management and consolidated financial control of Shimei Pharmaceutical.On May 26th, Ingenic Semiconductor (03696.HK) announced that, based on the Hang Seng Indexes Companys index review results for the first quarter of 2026, the company will be included in the Hang Seng Biotechnology Index. This inclusion will be implemented after the market closes on June 5, 2026, and will take effect on June 8, 2026. The Hang Seng Biotechnology Index aims to reflect the overall performance of the 30 largest biotechnology companies listed in Hong Kong and eligible for the Stock Connect program. The Board believes that this inclusion fully reflects the capital markets recognition and confidence in the companys long-term development potential, and will help broaden the investor base and improve trading liquidity.

E-mini S&P 500 Index (ES) Futures Technical Analysis

Jimmy Khan

May 17, 2022 10:21

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June E-mini S&P 500 Index futures are trading at 4042.75, up 23.00 or +0.57%, at 18:33 GMT. The S&P 500 Trust ETF (SPY) is up $1.91, or 0.48 percent, to $403.70.


On Monday, top IT companies took another knock early in the day. Apple's stock dropped 1% after briefly falling into a bear market last week. Tesla's stock has plummeted 5%. Alphabet, the parent company of Google, saw its stock drop 1.6 percent. Apple was up 0.14 percent late in the afternoon, while Tesla and Alphabet pared their losses.

Swing Chart Every Day Technical Evaluation

According to the daily swing chart, the major trend is down. The return of the decline will be signaled by a trade through 3855.00. The major trend will turn to up if 4303.00 is broken.


4303.00 to 3855.00 is the short-term range. The closest upward goal is the retracement zone around 4079.00 to 4132.00.


4509.00 to 3855.00 is the middle range. Its pivot or 50 percent level is 4182.00.


4327.50 to 4439.00 is the key retracement zone resistance.

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