Domestic Market Overview - The domestic market experienced a rise in both volume and price, with the Shanghai Composite Index closing at 3516.83 points, up 0.37%, and the Shenzhen Component Index closing at 10873.62 points, up 1.43% [1][4][9] - A total of 26 out of 30 sectors in the CITIC first-level industry rose, with significant gains in defense, military, communication, and electronics, while electricity, public utilities, banking, and transportation saw declines [1][4][9] - The total trading volume of the A-share market reached 15603 billion, showing an increase compared to the previous day [1][4][9] Overseas Market Overview - All three major U.S. stock indices closed higher, with the Dow Jones up 0.52%, the S&P 500 up 0.54%, and the Nasdaq up 0.74% [2][4] - Notable gains were seen in large tech stocks, with the Travelers Group rising over 3% and Disney nearly 2% [2][4] - Chinese concept stocks mostly rose, with Lingzhangmenhu increasing over 10% and NIO rising more than 6% [2][4] Key News Highlights - The Chinese Ministry of Foreign Affairs stated that fentanyl is a problem for the U.S., not China [3][11] - The mutual visa exemption agreement between China and Malaysia has officially come into effect [3][12] - The Yiwu Global Trade Center is set to open in October, attracting over 19,000 applicants for 900 shops, indicating strong demand [3][14] - China's annual import and export total for intellectual property usage fees is projected to reach 3987.1 billion by 2024, with a compound annual growth rate of 5.7% [3][15] - The U.S. Congress has officially approved the stablecoin bill, aiming for significant regulatory reform in cryptocurrency [3][17]

Core Viewpoint - OCBC Bank has signed a research collaboration agreement with three Singaporean universities to enhance the application of quantum technology in the financial sector [1][3]. Group 1: Collaboration Details - The collaboration will focus on three key areas: accelerating financial derivatives pricing using quantum computing, enhancing data security through post-quantum cryptography, and improving fraud detection capabilities via quantum machine learning [1][3]. - The partnership is set to last for 12 months, with the results to be published in papers to benefit the entire financial industry [1]. Group 2: Government Support and Industry Impact - The Singapore government has invested over 400 million SGD since 2007 to establish a world-class quantum research ecosystem, with an additional investment of nearly 300 million SGD announced last year to support the national quantum strategy [3]. - The collaboration is seen as a significant step towards translating quantum research from the laboratory to market applications, unlocking new opportunities for the financial sector [3]. Group 3: Institutional Perspectives - OCBC Bank's President of Operations and Technology emphasized the importance of industry-academia collaboration in addressing real-world challenges and showcasing the bank's commitment to innovation [4]. - University researchers expressed optimism about the collaboration, highlighting the opportunity to apply quantum algorithms in practice and enhance the resilience of banking infrastructure [4]. Group 4: Internal Development - Since 2021, OCBC Bank has been developing a roadmap for quantum technology and aims to train over 100 employees with intermediate quantum technology skills by 2026 [5].

Core Insights - The research team from the National Institute of Standards and Technology (NIST) has achieved a significant breakthrough in atomic clock technology, improving precision to an astonishing 19 decimal places [1] - This advancement is expected to influence the redefinition of the "second" in the International System of Units (SI) and promote the development of quantum technologies [1] Group 1 - The NIST team published their findings in the journal Physical Review Letters [1] - The improvement involves capturing aluminum ions in an ion trap, which enhances the accuracy of atomic clocks [1] - The achievement marks a notable milestone in precision measurement, potentially impacting various scientific fields [1]

据华尔街日报：空客硅谷创新中心与AI初创公司SandboxAQ发布采用量子技术的新导航技术成果。 ...

Group 1 - The National Intellectual Property Administration has granted a patent for a method, device, equipment, and medium for multi-controlled quantum phase shift gates to three companies: Guokai Quantum Technology (Anhui) Co., Ltd., Qike Quantum Technology (Zhuhai) Co., Ltd., and Guokai Quantum Technology (Beijing) Co., Ltd. [1] - Guokai Quantum Technology (Anhui) Co., Ltd. was established in 2022, located in Hefei, with a registered capital of 37.31 million RMB. The company has invested in one enterprise, participated in 12 bidding projects, and holds 182 patents [1]. - Qike Quantum Technology (Zhuhai) Co., Ltd. was founded in 2021, based in Zhuhai, with a registered capital of 10 million RMB. The company has participated in one bidding project and holds 233 patents and 103 trademark registrations [1]. - Guokai Quantum Technology (Beijing) Co., Ltd. was established in 2016, located in Beijing, with a registered capital of 35.875 million RMB. The company has invested in four enterprises, participated in one bidding project, and holds 495 patents and 116 trademark registrations [2]. Group 2 - The companies are primarily engaged in sectors such as computer, communication, and other electronic device manufacturing, as well as technology promotion and application services [1][2]. - The patent granted is significant for the development of quantum technology, indicating a growing focus on innovation within the industry [1].

Group 1 - The 27th China Association for Science and Technology Annual Conference will be held from July 1 to July 31 in Beijing, focusing on "Tracing Technological Frontiers and Supporting Innovative Development" [1] - The main forum is scheduled for the morning of July 6, featuring prominent speakers discussing topics such as quantum technology, biomanufacturing, deep-sea technology, artificial intelligence, and agriculture [1][2] - The conference will include various exhibitions and open academic exchanges to foster a positive academic atmosphere [1] Group 2 - The latest citation report indicates that 56 Chinese scientific journals rank in the top three internationally within their disciplines, with 24 journals ranking first [2] - A new "Academic Association" service platform will be launched, providing comprehensive management systems for scientific journals and promoting data exchange and publication services [2] - The conference will host 98 specialized forums covering ten fields, including basic sciences, life health, earth sciences, ecological environment, manufacturing technology, information technology, advanced materials, resource energy, agricultural technology, and aerospace technology [2] Group 3 - The annual conference is a significant initiative for the China Association for Science and Technology to implement the spirit of the Third Plenary Session and contribute to the 14th Five-Year Plan [3] - It aims to strengthen the association's service to national strategic guidance and enhance its academic influence and cohesion among scientific workers [3]

Group 1 - The A-share market has seen a significant increase in major asset mergers and acquisitions (M&A), with 104 disclosed projects this year, which is 2.17 times that of the same period last year [1] - The shift in M&A logic from "scale first" to "innovation-driven and ecological synergy" reflects a deeper change in the market, emphasizing the importance of acquiring innovative assets such as data, patents, and production processes [1][2] - The current economic environment reveals limitations in traditional M&A strategies focused on scale, prompting companies to seek core technological breakthroughs and innovative ecosystems to gain competitive advantages [1][3] Group 2 - Companies like Haitan Water Group are leveraging M&A to transition from traditional production to new productive forces, particularly in the photovoltaic silver paste sector [2] - The competition among enterprises has evolved beyond single products to a comprehensive contest of entire industrial chains and innovation ecosystems, driven by intensified product homogeneity and price wars [2] - The trend of innovation-driven and ecological synergy in M&A is expected to create a strong demonstration effect, encouraging more companies to engage in M&A, thereby enhancing the overall technological level and optimizing industrial structure [2][3] Group 3 - The chairman of the China Securities Regulatory Commission highlighted the importance of a financial service system that supports technological innovation and industrial transformation, positioning M&A as a key function in optimizing resource allocation [3] - The transformation of A-share M&A logic is both a spontaneous market evolution and a necessary choice for the capital market to support national strategies, aiming to aggregate innovative elements and upgrade industrial ecosystems [3]

Group 1 - Japan's government has committed $7.4 billion (approximately 1.05 trillion yen) to quantum technology this year, which is more than three times the total investment over the past five years [1][2] - This investment represents a strategic shift driven by deep-seated concerns about historical failures in technology leadership, particularly in the semiconductor industry [3][4] - The Japanese government aims to transition from basic research to industrialization, with a clear goal of making quantum technology a pillar of future economic prosperity and national security [5][10] Group 2 - The investment is seen as a "preventive and high-risk" intervention to avoid being left behind in the global competition for technology leadership [7][9] - The government hopes to stimulate systemic change, encouraging research institutions, large enterprises, and potential startups to engage in the quantum race [8][9] - Japan's approach is characterized by a "collaborative giant ship" model, where the government leads and industrial giants collaborate, forming a powerful alliance [12][14] Group 3 - Major Japanese corporations like Toyota, NEC, and Fujitsu are expected to benefit significantly from government contracts and participation in core research projects [43][44] - The focus on building a self-sufficient supply chain for quantum technology components is a key aspect of Japan's strategy, aiming to avoid reliance on foreign suppliers [20][23] - The mixed quantum-classical computing strategy is seen as a pragmatic approach to leverage existing capabilities while aiming for quick results in various applications [17][18][19] Group 4 - Japan's commitment to quantum technology is likely to provoke responses from other major players, including the U.S. and China, potentially escalating a new round of "quantum arms race" [39][40][42] - The success of Japan's strategy will depend on overcoming challenges such as fostering a vibrant startup ecosystem and effectively translating research into marketable products [25][29][31] - Attracting and retaining top talent in the competitive global landscape is crucial for Japan to realize its quantum ambitions [32][34][38]

Key Policies - The European Commission has launched a quantum technology strategy aiming to make Europe a global leader in the quantum field by 2030, with expectations to create tens of thousands of high-skilled jobs and a market value exceeding €155 billion by 2040 [4][5] - Texas Governor Greg Abbott has signed the HB 4751 bill to initiate the "Texas Quantum Initiative," aiming to position Texas as a leader in quantum computing, networking, and sensing technologies [6][8] Key Events - The EU technology leader emphasized the need for increased private funding in the quantum sector, as only 5% of global private investment currently flows to Europe, despite over €11 billion in public funding provided in the past five years [9] - SpeQtral and Thales Alenia Space have signed a new cooperation agreement to advance satellite quantum communication technology [9][12] - The China Association for Science and Technology highlighted the need for patient support and a rational environment for the industrialization of quantum technology [15] - A research team demonstrated a high-speed 16-node quantum access network based on passive optical networks, marking progress towards practical quantum communication solutions [17] Key Technologies - An international research team has developed the first quantum computer capable of operating in space, integrated into a satellite launched on June 23 [22] - A new method has been successfully implemented to simulate specific fault-tolerant quantum computations, addressing a long-standing technical challenge [23][24] - Tokyo University and IBM have achieved a record simulation of a many-body system using 56 quantum bits on the IBM Heron quantum processor [26][27] - CSIRO and collaborators have demonstrated the application of quantum machine learning in semiconductor manufacturing, potentially reshaping chip design [29] Key Companies - IBM has released version 2.1 of its Qiskit SDK, predicting the achievement of undisputed practical quantum advantage by the end of 2026 [37][38] - Quantum eMotion and Krown are advancing the development of quantum-secure encryption wallets [39] - Xanadu and Mitsubishi Chemical are collaborating to develop quantum algorithms for simulating extreme ultraviolet lithography processes [40][45] - D-Wave has completed a $400 million stock issuance to accelerate its commercialization efforts in quantum computing [48][49] - Groove Quantum has secured €10 million in funding to focus on germanium-based quantum computing technology [50]

Core Insights - The core viewpoint of the articles is the current state and future path of quantum technology, particularly focusing on quantum information technology, which is driving the second quantum revolution [1][2]. Group 1: Quantum Technology Overview - Quantum technology is defined as "quantum information technology," which includes quantum computing, quantum communication, and quantum precision measurement [1]. - Quantum communication has established wide-area networks and practical terminal products, while quantum precision measurement is showing application value in navigation and medical fields [1]. - Quantum computing is still in the experimental research phase, with the "Zuchongzhi No. 3" superconducting quantum computing prototype recently achieving the strongest "quantum computing superiority" published to date [1]. Group 2: Challenges in Industrialization - The industrialization of quantum computing may take another 10 to 15 years, primarily due to the lack of practical algorithms suitable for current quantum computers [2]. - Traditional sectors pose resistance to the adoption of quantum technology, as existing interests may hinder the integration of new technologies like quantum secure communication [2]. - There is a concern about unrealistic promotion of immature technologies by some companies, which can mislead the public and investors, damaging the credibility of quantum technology [2]. Group 3: Recommendations for Development - To promote the industrialization of quantum technology, continuous investment and support from both government and private sectors are essential [2]. - There is a need for a consensus across society to allow time and space for technology to grow, as well as the cultivation of interdisciplinary talents who understand quantum principles and can operate relevant equipment [2][3]. - The development of quantum technology relies on the manufacturing of essential equipment such as electron beam lithography machines, molecular beam epitaxy, and dilution refrigerators [3].