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Recently, Chinese semiconductor companies Natural Semicon and Zensemi have recently announced advancements in their 12-inch wafer production lines, while Chinese equipment manufacturers Naura, Hwatsing, and JSG have reported promising developments in 12-inch equipment technology. Natural Semicon...
Insights
Last week, U.S. equity markets experienced a pullback, primarily driven by declines in the tech sector, leading the S&P 500 to drop 1.37%. In the bond market, decreasing election uncertainty and a resilient labor market caused yields on 2-year and 10-year Treasuries to rise to 4.212% and 4.386%,...
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China’s manufacturing PMI rebounded into expansion territory, ending a five-month contraction, according to data released by the National Bureau of Statistics on October 31. The October manufacturing PMI reached 50.1, up by 0.3 percentage points from the previous period, exceeding market expectati...
Insights
China industrial profit continued to decline in September due to expanding deflationary pressure, according to data released by China’s National Bureau of Statistics on October 27. Profits for large-scale industrial enterprises fell by 27.1% year-on-year in September, down 9.3 percentage points...
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Under the pressure to speed up AI development, the White House, on October 24th, announced the nation's first-ever strategy for leveraging the power of AI while managing its risks to enhance national security, according to a report by the Washington Post, citing the remarks by national security advi...