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On August 13th, Sensor Towers store intelligence platform revealed that in July 2026, 38 Chinese companies were among the top 100 global mobile game publishers by revenue, generating a total of $2.3 billion, accounting for 42.6% of the total revenue of the top 100 global mobile game publishers. In July, the top 5 Chinese mobile game publishers all generated over $100 million in revenue, with Tencent, NetEase, and miHoYo achieving double-digit growth. miHoYos revenue saw a significant month-on-month increase of 71%, ranking among the top 30 publishers in terms of growth rate. Several other publishers, including Moonton Technology, XD Inc., and ModoGlobal, also saw significant revenue growth driven by summer content and events.Lenovo CEO: We are becoming a global leader in artificial intelligence infrastructure.Lenovo CEO: In partnership with NVIDIA (NVDA.O), plans are in place to launch an AI PC powered by an RTX chip later this year.On August 13th, it was learned from a press conference held by the Jinan Municipal Information Office that in the first half of the year, the added value of Jinans financial industry reached 77.53 billion yuan, a year-on-year increase of 14.7%, accounting for 11% of the citys GDP. As of the end of June, Jinans total social financing balance was 5.63 trillion yuan, a year-on-year increase of 8.6%; the balance of domestic and foreign currency deposits was 3.4 trillion yuan, a year-on-year increase of 5.8%; and the balance of domestic and foreign currency loans was 3.67 trillion yuan, a year-on-year increase of 8%.On August 13th, the Beijing Equity Exchange (BEEE) reported significant achievements in revitalizing existing assets and maximizing asset value by focusing on key areas and priorities for various business entities to revitalize their assets through a "platform + investment banking" transaction ecosystem. To better serve various business entities in revitalizing their existing assets, BEEE recently launched a "Prestigious Asset Revitalization Service Column." This column focuses on the efficient revitalization and value enhancement of existing assets, covering 14 areas including equity and debt transfers, real estate and land transfers and leases, and the disposal of machinery, equipment, and idle assets. Leveraging years of professional service capabilities and extensive experience, BEEE provides a one-stop, full-process service for existing asset revitalization, including advisory services, asset valuation, due diligence, promotion, transaction matching, and financial services. This significantly improves transaction efficiency, reduces transaction costs, and empowers the efficient revitalization of existing assets.

USD/CHF Steady at 1.0020 as DXY Pauses, Powell and US Retail Sales Take Center Stage

Daniel Rogers

May 16, 2022 10:46

The USD/CHF pair is bouncing within a small range between 1.0020 and 1.0030 in early Tokyo, as the US dollar index (DXY) is not gaining much traction due to Monday's light economic calendar. Although broad-based fundamentals continue to favor the dollar bulls, the Federal Reserve (Fed) is projected to raise interest rates by another significant number in June in an effort to limit the inflation issue.

 

Last week, Fed's Powell's interview with the national radio show Marketplace revealed the ongoing conversations among Fed policymakers regarding anticipated rate hikes in monetary policies. Fed Powell indicated that the Fed could declare two additional rate hikes in the next two consecutive monetary policy sessions in order to tame the soaring inflation.

 

In the meantime, the US dollar index (DXY) is poised between 104.46 and 104.60 after reaching a new 19-year high of 105.00 on Friday. The DXY appreciates the broader gains but requires further triggers to maintain strong. In the future, two significant events on Tuesday will keep investors occupied. First will be Fed Chairman Powell's speech, which will likely influence monetary policy action in June. The second significant event is the monthly US Retail Sales report, which is anticipated to increase by 0.7% from the previous reading of 0.5%.

 

In terms of the Swiss franc, Friday's Industrial Production data will be the focal point. The catalyst reached 7.3% the previous time. A greater-than-anticipated number will strengthen the Swiss franc against the U.S. dollar. 

USD/CHF

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