Core Viewpoint - Intelligent driving is a crucial component of China's development strategy for intelligent connected new energy vehicles, with significant cost reductions and performance improvements observed this year, making intelligence a key factor for consumers when purchasing electric vehicles [1] Group 1 - The president of Horizon, Chen Liming, stated that the tipping point for advanced intelligent assisted driving has arrived, indicating a period of rapid growth ahead [1]

Group 1: Sports and Events - Sichuan's "Bashu Xiongjing Cup" will draw on the successful development experience of the "Supert League" to enhance the event system and promote fair competition [1] - The competition is scheduled to take place from June 21 to July 6, 2025, with the finals set for September 5 to September 27, featuring both men's and women's teams in an eleven-a-side format [1] Group 2: Automotive Industry - Xiaopeng Motors aims to be among the first companies to introduce advanced intelligent driving assistance in Hong Kong, with plans for vehicle readiness and software development within two months [3] - The company is looking to leverage Hong Kong as a launchpad for global expansion in the smart driving sector [3] Group 3: Financial Technology - Ant Group's Ant Digital has initiated the application for a stablecoin license in Hong Kong, having already engaged in multiple rounds of discussions with regulators [4] - The establishment of "Ant Xinneng" in collaboration with GCL-Poly is part of Ant's strategy to anchor its global financial presence [4] Group 4: Technology and AI - Scale AI has received a significant new investment from Meta, with CEO Wang Tao stepping down to join Meta while remaining on Scale AI's board [5] - The company is actively seeking a new CTO to strengthen its engineering team [5] Group 5: Market Regulation - The State Administration for Market Regulation reported that over 99.5% of 3,605 batches of frozen beverages passed inspection, indicating a stable improvement in food safety [6] Group 6: Robotics and Elderly Care - The Ministry of Industry and Information Technology and the Ministry of Civil Affairs are launching pilot projects for smart elderly care robots in various settings, with preparations already underway in Hunan [7] Group 7: Corporate Earnings - Adobe reported Q2 revenue of $5.87 billion, exceeding analyst expectations of $5.8 billion, with projected digital media revenue for Q3 between $4.37 billion and $4.4 billion [8] Group 8: Mergers and Acquisitions - BioNTech has signed an agreement to acquire CureVac for $1.25 billion, aimed at enhancing its mRNA cancer immunotherapy research and commercialization efforts [9] Group 9: Stock Market Regulation - The Hong Kong Securities and Futures Commission is considering optimizing the Stock Connect program and adjusting the minimum trading lot size to enhance market liquidity [11][12] Group 10: Real Estate Initiatives - The Guangxi government aims to acquire 25,000 units of existing commercial housing by 2025 as part of its consumption promotion strategy [13]

Group 1 - Israel's Defense Ministry announced airstrikes against Iran, with explosions reported in Tehran [2] - Boeing 787-8 aircraft crashed in Gujarat, India, resulting in at least 265 fatalities, marking the first fatal accident for this aircraft model [3] - The U.S. Department of Commerce will impose a 50% tariff on various steel household appliances starting June 23, potentially increasing consumer prices [4] Group 2 - The Chinese Ministry of Commerce reported on the first meeting of the China-U.S. economic and trade consultation mechanism, achieving consensus on addressing mutual economic concerns [5] - The Ministry of Industry and Information Technology supports 17 major automotive companies in committing to a payment period of no more than 60 days, promoting sustainable industry development [6] - The National Development and Reform Commission clarified the "H+A" listing path for companies registered in the Guangdong-Hong Kong-Macao Greater Bay Area to list on the Shenzhen Stock Exchange [7] Group 3 - The Hong Kong Securities and Futures Commission is considering optimizing the Stock Connect program and adjusting the minimum trading lot size to enhance market liquidity [8] - The Chinese government has expanded the 240-hour visa-free transit policy to include Indonesia, increasing the number of eligible countries to 55 [9] - The number of kindergartens in China has decreased for three consecutive years, with a reduction of 21,100 institutions in 2024 [10] Group 4 - Three major first-tier cities in China have begun actions to purchase existing commercial housing for use as affordable rental housing [11] - The Guangdong government is supporting Shenzhen in developing long-term and patient capital to enhance the local economy [12] - The 16th International Infrastructure Investment and Construction Forum concluded with 31 cooperation agreements signed, totaling over $10.1 billion [13] Group 5 - Xiaopeng Motors aims to introduce advanced intelligent driving features in Hong Kong and plans to enter the market next year [29] - Several A-share listed companies have responded to the global popularity of the LABUBU toy brand, indicating varying levels of business cooperation [29] - On June 12, institutional investors bought into 11 stocks while selling off shares of Limin Co., totaling a net sell of 99.06 million yuan [30][32]

Group 1 - The era of easy profits in domestic e-commerce is ending, prompting companies to seek opportunities in Southeast Asia, which has a market size of $370 billion [2] - Chery is set to become the first Chinese car manufacturer to export over 5 million vehicles, with products launching in Hong Kong this year [4] - Xiaopeng Motors aims to be among the first companies to introduce advanced driver assistance systems in Hong Kong, with plans for vehicle readiness and software development [4] Group 2 - Ant Group's Ant Financial has initiated the application for a stablecoin license in Hong Kong, having already engaged in multiple rounds of communication with regulators [4] - Guangdong's foreign trade grew by 4% in the first five months of the year, with private enterprises leading in import and export value [5] - Zhejiang's foreign trade increased by 6.5% in the same period, with a notable contribution to national export growth [5] Group 3 - China International Capital Corporation (CICC) predicts that the potential market space for humanoid robots could exceed 1 trillion yuan in the long term, as the AI industry accelerates [5] - NVIDIA's CEO Jensen Huang forecasts a tenfold increase in Europe's AI computing power within the next two years, with over 20 AI factories under construction [6] - OpenAI is reportedly in discussions with Saudi and Indian investors regarding a $40 billion financing plan [6]

Core Viewpoint - Xiaopeng Motors aims to be one of the first companies to introduce advanced intelligent driving assistance in Hong Kong by preparing relevant vehicles and software development [1] Group 1 - Xiaopeng Motors is preparing vehicles that can achieve advanced intelligent driving assistance for its entry into the Hong Kong market next year [1] - The company hopes to be among the first to operate on the roads in Hong Kong, contingent on the establishment of relevant policies [1] - Xiaopeng Motors can complete software development and testing within two months [1]

Core Viewpoint - Shenzhen has launched a comprehensive plan consisting of 39 measures aimed at boosting consumer spending and revitalizing the market, focusing on enhancing residents' consumption capacity and willingness, increasing quality and diverse consumption supply, and strengthening policy support and guarantees [1][2][3]. Group 1: Enhancing Consumption Capacity and Willingness - The plan includes measures to increase residents' income through multiple channels, such as implementing national policies to stabilize the real estate and stock markets and raising the minimum wage based on economic conditions [1]. - It emphasizes improving childcare support, allowing eligible non-local residents' children to access basic medical insurance, and expanding educational facilities to accommodate 100,000 new primary and secondary school places by 2025 [1][2]. - The initiative aims to reduce medical and elderly care burdens by optimizing hospital services and implementing "no companion care" in public hospitals [1]. Group 2: Reducing Housing Costs - The plan proposes lowering rental and purchasing costs by expanding the use of housing provident funds, allowing eligible individuals to withdraw funds for down payments and rent payments [2]. - It introduces housing support policies for young talents and aims to enhance the supply of quality rental housing [2]. Group 3: Optimizing Consumption Restrictions - The plan seeks to reduce restrictions on car purchases and usage, including optimizing the lottery rules for car purchase permits and easing restrictions for residents from other regions on purchasing new energy vehicles [2]. - It encourages the replacement of fuel heavy trucks with new energy models and promotes discounts for advanced intelligent driving experiences [2]. Group 4: Increasing Quality and Diverse Consumption Supply - The plan aims to create a unique industrial consumer goods cluster in Shenzhen, promoting AI terminal consumption, smart home products, and outdoor equipment [3]. - It includes the establishment of duty-free shops and tax refund stores to enhance inbound consumption potential [3]. Group 5: Strengthening Policy Support and Financial Guarantees - The plan emphasizes financial support for consumption, including expanding subsidies for trade-in programs and utilizing long-term special government bond funds for various consumer goods [3][4]. - It encourages financial institutions to increase credit for sectors like retail, hospitality, and tourism, while also enhancing personal consumption loan offerings [4]. - The initiative aims to diversify insurance products to support new consumption scenarios, including tailored financial products for digital and green consumption [4].