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11/02/2026
The central bank conducted 400 billion yuan of 14-day reverse repurchase operations in the open market today.
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5 m ago
Zhao Haijun, CEO of SMIC: Analog products will switch to domestic supply chain by 2025 at the fastest.
6 m ago
Spot silver rose 2% to $82.32 per ounce.
6 m ago
National subsidy funds of 62.5 billion yuan in place! Please check out the "three major gifts" for Spring Festival consumption.
8 m ago
Omdia's latest data shows that the cloud infrastructure service market in mainland China reached $13.4 billion, a year-on-year increase of 24%, with growth rates exceeding 20% for two consecutive quarters. The continued demand for artificial intelligence continues to drive the adoption rate and has created spill-over effects in the core cloud infrastructure service areas, accelerating the shift of cloud resource consumption to production workloads. As a result, leading cloud service providers continue to strengthen their artificial intelligence capabilities. In the third quarter of 2025, the market shares of Alibaba Cloud, Huawei Cloud, and Tencent Cloud were 36%, 16%, and 9% respectively. In the third quarter of 2025, Alibaba Cloud's market share in the Chinese cloud market increased from 34% in the previous quarter to 36%, expanding its lead. At the same time, Alibaba Cloud's market share has continued to grow for three consecutive quarters, firmly holding the number one position in the Chinese market. Omdia points out that AI is increasingly becoming the primary driver of new demand for core cloud infrastructure services. According to Alibaba's financial report, Alibaba Cloud's AI-related product revenue has achieved triple-digit year-on-year growth for nine consecutive quarters.
8 m ago
New York silver futures broke through $82 per ounce, rising 2.01% within the day.
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