智通财经网·2025-07-16 00:32Market Insights - The Nasdaq Golden Dragon Index, which tracks Chinese stocks, surged by 2.76%, reaching its highest level since April 1 this year [1] - Alibaba and Baidu both saw significant gains, with Alibaba rising over 8% and Baidu increasing by 8.65% following a strategic partnership announcement with Uber [1] Industry Developments - The 11th batch of national organized drug procurement has commenced, including 55 products focused on mature "old drugs," while innovative drugs will not be included in this round [2] - The GLP-1 drug market is expected to see growth as domestic weight-loss drugs approach commercialization, with companies that have strong R&D and sales capabilities likely to gain competitive advantages [10] Company News - Nvidia's stock rose by 4%, reaching a historic high, with a market capitalization increase of $161.8 billion. The resumption of H20 chip sales to China is anticipated to positively impact the Chinese internet data center industry [3] - Jinli Permanent Magnet reported a net profit of 300 to 335 million yuan for the first half of the year, marking a year-on-year increase of 151% to 180% [12] - Zhongji Xuchuang expects a net profit of 3.6 to 4.4 billion yuan for the first half of the year, reflecting a year-on-year growth of 52.64% to 86.57% [12] - China Galaxy anticipates a net profit of 6.362 to 6.801 billion yuan for the first half of the year, representing a year-on-year increase of 45% to 55% [12]