What happened in China this week
1. The Caixin BBD New Economy Index climbed to 34.1 in June. In plain terms, new economy industries now make up 34.1% of China's total economic inputs.
2. UBTech jumped 18% in a single day after launching its UWORLD U1 series, humanoid robots so lifelike they're now being sold to consumers at scale.
3. Meituan's AI agent recommends and books for users directly inside its super app. It's also charging outside companies for access to its LongCat 2.0 model.
4. China biotech stocks surged this week. 3SBio is up over 19%, Innovent is up nearly 15%, and CSPC is up almost 17%. A policy shift is coming, and CSPC just landed another AstraZeneca deal.
5. Momenta, one of China's top autonomous driving software makers, just had its IPO oversubscribed 414 times.
For more insights, read on [Premium]: https://growthdragons.substack.com/p/growth-dragons-weekly-ubtechs-robot
1. The Caixin BBD New Economy Index climbed to 34.1 in June. In plain terms, new economy industries now make up 34.1% of China's total economic inputs.
2. UBTech jumped 18% in a single day after launching its UWORLD U1 series, humanoid robots so lifelike they're now being sold to consumers at scale.
3. Meituan's AI agent recommends and books for users directly inside its super app. It's also charging outside companies for access to its LongCat 2.0 model.
4. China biotech stocks surged this week. 3SBio is up over 19%, Innovent is up nearly 15%, and CSPC is up almost 17%. A policy shift is coming, and CSPC just landed another AstraZeneca deal.
5. Momenta, one of China's top autonomous driving software makers, just had its IPO oversubscribed 414 times.
For more insights, read on [Premium]: https://growthdragons.substack.com/p/growth-dragons-weekly-ubtechs-robot
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Growth Dragons Weekly. UBTech's Robot Looks Like You, Meituan's AI Agent, and an IPO Oversubscribed 414 Times
What happened in China this week:
Oil’s supply wave, tumbling prices rekindle fears of global glut https://bt.sg/tAbh
The Business Times
Oil’s supply wave, tumbling prices rekindle fears of global glut
To avoid a fight for market share, Opec may soon have to consider curbing supply to prop up prices Read more at The Business Times.
JPMorgan sees US$4,500 gold price in Q4, says risks to downside
https://www.businesstimes.com.sg/companies-markets/jpmorgan-sees-us4500-gold-price-q4-says-risks-downside
https://www.businesstimes.com.sg/companies-markets/jpmorgan-sees-us4500-gold-price-q4-says-risks-downside
The Business Times
JPMorgan sees US$4,500 gold price in Q4, says risks to downside
[BENGALURU] JPMorgan said demand for gold from key sectors would not be as strong as it had expected, limiting the rise in gold prices this year to US$4,300 per ounce in the third quarter and US$4,500... Read more at The Business Times.
Gold heads for first weekly gain since May on easing Fed outlook
https://www.businesstimes.com.sg/companies-markets/gold-heads-first-weekly-gain-may-easing-fed-outlook
https://www.businesstimes.com.sg/companies-markets/gold-heads-first-weekly-gain-may-easing-fed-outlook
The Business Times
Gold heads for first weekly gain since May on easing Fed outlook
Bullion rises towards US$4,200 an ounce, up 2.2% for the week Read more at The Business Times.
#FundFlow
A week of insider buying and company buybacks
While the index benchmarks consolidated, director and CEO activity notched higher over the five sessions through to the Jul 2 close.
Over the five sessions, more than 120 director interests and substantial shareholdings were filed for around 50 primary-listed stocks.
Directors or CEOs reported 32 acquisitions and 11 disposals, while substantial shareholders recorded 11 acquisitions and three disposals.
https://www.businesstimes.com.sg/companies-markets/week-insider-buying-and-company-buybacks
A week of insider buying and company buybacks
While the index benchmarks consolidated, director and CEO activity notched higher over the five sessions through to the Jul 2 close.
Over the five sessions, more than 120 director interests and substantial shareholdings were filed for around 50 primary-listed stocks.
Directors or CEOs reported 32 acquisitions and 11 disposals, while substantial shareholders recorded 11 acquisitions and three disposals.
https://www.businesstimes.com.sg/companies-markets/week-insider-buying-and-company-buybacks
The Business Times
A week of insider buying and company buybacks
Over the five sessions, more than 120 director interests and substantial shareholdings were filed for around 50 primary-listed stocks Read more at The Business Times.
While You Were Sleeping: 5 stories you might have missed, July 6, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-july-6-2026
https://vt.tiktok.com/ZSCnns2Jf/
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-july-6-2026
https://vt.tiktok.com/ZSCnns2Jf/
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Wall Street sees more upside in stocks for second half of 2026
https://finance.yahoo.com/markets/article/its-a-bull-market-wall-street-sees-more-upside-in-stocks-for-the-second-half-of-2026-120220657.html
https://finance.yahoo.com/markets/article/its-a-bull-market-wall-street-sees-more-upside-in-stocks-for-the-second-half-of-2026-120220657.html
Yahoo Finance
'It's a bull market': Wall Street sees more upside in stocks for the second half of 2026
Stocks closed out the quarter with a bang, and Wall Street sees more gains ahead.
Why reopening the Strait of Hormuz might be a problem for the oil market
https://finance.yahoo.com/markets/article/the-strait-of-hormuz-has-reopened--why-that-might-be-a-problem-for-the-oil-market-chart-of-the-day-145149603.html
https://finance.yahoo.com/markets/article/the-strait-of-hormuz-has-reopened--why-that-might-be-a-problem-for-the-oil-market-chart-of-the-day-145149603.html
Yahoo Finance
The Strait of Hormuz has reopened — why that might be a problem for the oil market: Chart of the Day
Oil is flooding onto the market, but the world's major buyer is sitting out.
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Samsung likely to post 18-fold jump in profit on surging AI demand for memory
https://finance.yahoo.com/technology/ai/articles/samsung-likely-post-18-fold-230724454.html
https://finance.yahoo.com/technology/ai/articles/samsung-likely-post-18-fold-230724454.html
Yahoo Finance
Samsung likely to post 18-fold jump in profit on surging AI demand for memory
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
If You'd Invested $10,000 in the SpaceX IPO, Here's How Much You Would Have Now
https://finance.yahoo.com/markets/stocks/articles/youd-invested-10-000-spacex-221500874.html
https://finance.yahoo.com/markets/stocks/articles/youd-invested-10-000-spacex-221500874.html
Yahoo Finance
If You'd Invested $10,000 in the SpaceX IPO, Here's How Much You Would Have Now
SpaceX completed a record IPO about three weeks ago.
Five Energy Stocks Riding Texas's Data Center Power Boom
https://finance.yahoo.com/energy/articles/five-energy-stocks-riding-texass-210000847.html
https://finance.yahoo.com/energy/articles/five-energy-stocks-riding-texass-210000847.html
Yahoo Finance
Five Energy Stocks Riding Texas's Data Center Power Boom
Texas's AI data center boom needs gigawatts of new power. Here are five stocks, from utilities to pipelines, positioned to profit from the buildout.
The stock market is about to suffer a ‘snapback’ and will lose much of this year’s gains as ‘speculation is hitting extreme levels,’ BofA warns
https://finance.yahoo.com/markets/stocks/articles/stock-market-suffer-snapback-lose-194341951.html
https://finance.yahoo.com/markets/stocks/articles/stock-market-suffer-snapback-lose-194341951.html
Yahoo Finance
The stock market is about to suffer a ‘snapback’ and will lose much of this year’s gains as ‘speculation is hitting extreme levels…
Bank of America reaffirmed its year-end price target of 7,100 for the S&P 500, representing a 5% drop from the week's closing level.
Coca-Cola Is Crushing the Nasdaq and S&P 500 in 2026, but This Higher-Yield Dividend King Could Be an Even Better Stock to Buy for the Second Half of 2026
https://finance.yahoo.com/markets/stocks/articles/coca-cola-crushing-nasdaq-p-182500106.html
https://finance.yahoo.com/markets/stocks/articles/coca-cola-crushing-nasdaq-p-182500106.html
Yahoo Finance
Coca-Cola Is Crushing the Nasdaq and S&P 500 in 2026, but This Higher-Yield Dividend King Could Be an Even Better Stock to Buy…
As the old adage goes, nothing lasts forever.
3 Stocks to Buy and Hold Even if There's a Stock Market Sell-Off in the Second Half of 2026
https://finance.yahoo.com/markets/stocks/articles/3-stocks-buy-hold-even-163500280.html
https://finance.yahoo.com/markets/stocks/articles/3-stocks-buy-hold-even-163500280.html
Yahoo Finance
3 Stocks to Buy and Hold Even if There's a Stock Market Sell-Off in the Second Half of 2026
These companies serve essential customer needs that don't disappear in a recession, making them resilient stocks to consider even when the markets seem volatile.
#WeekAhead
Tech Rotation, FOMC and Other Key Things to Watch this Week
https://finance.yahoo.com/markets/articles/tech-rotation-fomc-other-key-170002288.html
Tech Rotation, FOMC and Other Key Things to Watch this Week
https://finance.yahoo.com/markets/articles/tech-rotation-fomc-other-key-170002288.html
Yahoo Finance
Tech Rotation, FOMC and Other Key Things to Watch this Week
Markets enter a week marked by continued structural shift away from AI and technology stocks toward healthcare and defensive sectors, reflecting persistent investor skepticism about technology valuations and artificial intelligence infrastructure spending…
Here’s How Arista Networks Is a Major Beneficiary of Big Tech’s Push to Break Nvidia’s Grip
https://finance.yahoo.com/markets/stocks/articles/arista-networks-major-beneficiary-big-170002174.html
https://finance.yahoo.com/markets/stocks/articles/arista-networks-major-beneficiary-big-170002174.html
Yahoo Finance
Here’s How Arista Networks Is a Major Beneficiary of Big Tech’s Push to Break Nvidia’s Grip
The rising demand for CPU-driven infrastructure means Arista Networks is likely to see an increasing demand for its products.
Alibaba Gets Reprieve From Lobbying Ban Tied To Pentagon’s Curbs
https://finance.yahoo.com/economy/policy/articles/alibaba-gets-reprieve-lobbying-ban-182017857.html
https://finance.yahoo.com/economy/policy/articles/alibaba-gets-reprieve-lobbying-ban-182017857.html
Yahoo Finance
Alibaba Gets Reprieve From Lobbying Ban Tied To Pentagon’s Curbs
(Bloomberg) -- A federal judge ordered the Pentagon to give Alibaba Group Holding Ltd. a reprieve from a law that caused all of its lobbyists to drop it while she considers its constitutionality in a case set to test the ability of the US government to restrict…
Ethereum Lost 22% in 1 Month. Here's Why It Could Still Get Worse
https://finance.yahoo.com/markets/crypto/articles/ethereum-lost-22-1-month-192200614.html
https://finance.yahoo.com/markets/crypto/articles/ethereum-lost-22-1-month-192200614.html
Yahoo Finance
Ethereum Lost 22% in 1 Month. Here's Why It Could Still Get Worse
This coin could have a bumpy few months queued up.
#WeekAhead
Rate hike readjustment and AI hardware momentum: What to watch this week
https://finance.yahoo.com/economy/article/rate-hike-readjustment-and-ai-hardware-momentum-what-to-watch-this-week-160059243.html
#QuarterChart
https://vt.tiktok.com/ZSCntbnjo/
Rate hike readjustment and AI hardware momentum: What to watch this week
https://finance.yahoo.com/economy/article/rate-hike-readjustment-and-ai-hardware-momentum-what-to-watch-this-week-160059243.html
#QuarterChart
https://vt.tiktok.com/ZSCntbnjo/
Yahoo Finance
Rate hike readjustment and AI hardware momentum: What to watch this week
A quiet calendar ahead gives the market plenty of space to go off the beaten path this week as investors gear up for the beginning of earnings season.