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Real-time News
On July 9th, in a report titled "Investment Strategy: Going Long on Chinas AI Value Chain," Goldman Sachs analyst Louis Mille wrote, "Chinas AI industry has officially come into our view." The reason given is that "the unprecedented combination of massive government support, surging global demand, and structural capital rotation makes Chinas AI one of the most compelling growth stories in the technology sector today." Goldman Sachs presented three key points to support its investment argument: Chinese AI companies market capitalization is severely mismatched with market size, leaving ample room for valuation upside; the Chinese AI industry chain possesses unique competitive advantages that are currently undervalued by the market; and the Chinese AI sector is outperforming other Chinese assets, with funds structurally increasing their allocation.On July 9th, it was learned that XPeng Group held its first all-staff meeting for its Robotaxi business and announced the official launch of employee internal testing. He Xiaopeng stated that in the next ten years, all embodied intelligent carriers will essentially become robots. Robotaxi is a crucial step for XPeng from new energy vehicles to "robot cars," and a key piece in XPengs physical AI landscape. Based on the development trend of software and hardware integration in the AI era, XPeng will focus on vehicle platforms, autonomous driving software, and AI capabilities to become a Robotaxi software and hardware service provider serving global partners. By providing complete solutions, XPeng will promote the global deployment of Robotaxi.July 9th - According to China.com, the State Council Information Office will hold a press conference at 10:00 AM on Tuesday, July 14th, 2026, where Wang Jun, Deputy Director of the General Administration of Customs, will introduce the import and export situation in the first half of 2026 and answer questions from reporters.July 9th - Following the second consecutive day of US strikes against Iran, the fragile ceasefire agreement between the two countries is increasingly unstable, bringing traffic in the Strait of Hormuz to a near standstill on Thursday. Ship tracking data shows that observable traffic on this vital global energy corridor is concentrated primarily on the northern side of the waterway, via Iranian-approved routes, while the US-backed Oman corridor is virtually deserted. Among large vessels, only one very large crude carrier (VLCC) sanctioned by the US has left the Persian Gulf, while one container ship flying the Iranian flag was seen in the strait. However, it cannot be ruled out that some vessels may have passed through the strait with their transponders switched off. This contrasts sharply with recent daily activity in the Strait of Hormuz. Kpler data shows that in the three weeks since the US and Iran reached a temporary agreement to reopen the Strait of Hormuz, the average daily transit of cargo ships has been 34, peaking at 59 on June 24th, compared to less than 20 on most days during the war.July 9th - According to a press conference held today by the National Forestry and Grassland Administration, as part of the APEC China Year series of events, under the guidance of the Ministry of Natural Resources, the National Forestry and Grassland Administration, the Peoples Government of Guangdong Province, and the Peoples Government of Shenzhen Municipality will convene the APEC Forestry Ministerial Meeting in Shenzhen from July 27th to 28th. The theme of the meeting is "Building a Green Asia-Pacific and Sharing Ecological Benefits".
