Language:
Instant News and Commentaries
2026-06-18
18:17
Intel (INTC.US) Proliferates ~9% Pre-market as Trump Says Intel, Apple to Jointly Design and Manufacture Chips in US

Shares of Intel Corporation (INTC.US) proliferated 8.9% in pre-market trading to USD131.82.

US President Donald Trump posted on the Truth Social platform that Intel reached an agreement with Apple Inc. (AAPL.US) to design and manufacture chips in the US.

With backing from the US government, Intel's share price has cumulatively shot up by more than 4.6x over the past 12 months, with its market cap hiking to USD608.7 billion.
~

AASTOCKS Financial News
Website: www.aastocks.com

Information Provided by AAStocks Financial News [Disclaimer]
16:40
MINISO Group Announces Results of Annual General Meeting

GUANGZHOU, China, June 18, 2026 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global high-growth value retailer offering a variety of trendy lifestyle products featuring distinctive IP designs, today announced that all the proposed resolutions submitted for shareholders' approval set out in the notice of its annual general meeting were duly adopted at the meeting held in Hong Kong today.

About MINISO Group

MINISO Group is a global high-growth value retailer offering a variety of trendy lifestyle products featuring distinctive IP designs. Since opening our first store in Chinese mainland in 2013, the Company has successfully built two brands – "MINISO" and "TOP TOY". The Company's flagship brand "MINISO" has grown into a globally recognized retail brand that offers a frequently-refreshed assortment of lifestyle products through an extensive store network worldwide. The Company's products cover diverse consumer needs and consumers are drawn to MINISO for our products' trendiness, creativeness, high quality and affordability. For more information, please visit https://ir.miniso.com/.

Investor Relations Contact:

MINISO Group Holding Limited
Email: [email protected]
Phone: +86 (20) 36228788 Ext.8039

Information Provided by PR Newswire [Disclaimer]
15:07
Trump: Apple Agrees to Partner with Intel to Design and Manufacture US Chips

US President Donald Trump said Apple Inc. (AAPL.US) agreed to partner with Intel Corporation (INTC.US) to design and manufacture chips in the US.

At the moment, Apple relies heavily on Taiwan Semiconductor Manufacturing Company Ltd. (TSM.US), whose advanced production lines must also meet demand from NVIDIA Corporation (NVDA.US) and Advanced Micro Devices, Inc. (AMD.US).

The US government acquired a 10% stake in Intel last year and announced plans to invest approximately USD10 billion in the company to build or expand factories in the US.

The White House has been strengthening safeguards for critical minerals and semiconductor supply chains to reduce reliance on China.
~

AASTOCKS Financial News
Website: www.aastocks.com

Information Provided by AAStocks Financial News [Disclaimer]
13:52
SK Hynix Delivers HBM4E Samples; S Korea Shares Set All-time High; XL2CSOPHYNIX (07709.HK) Up ~17%

SK Hynix shares set a record high, reaching a peak of KRW2.701 million, and were last up 6.98% at KRW2.697 million. In Hong Kong, XL2CSOPHYNIX (07709.HK) elevated 16.92% to HKD169.3, with a turnover of 54.7682 million shares, involving HKD8.73 billion.

The company said it delivered samples of its HBM4E, designed for next-generation AI processors, to major customers. It will work closely with partners to proceed with mass production in a timely manner.

HBM4E is the seventh-generation HBM, a high-performance DRAM designed for rapid data processing. It is used in GPU and other AI accelerators requiring strong computing power.

Meanwhile, the previous-generation HBM4 will be used in NVIDIA Corporation (NVDA.US)'s Vera Rubin AI supercomputer, which is forecast to be launched in 3Q26. HBM4E is estimated to be applied to the Vera Rubin Ultra platform next year.
~

AASTOCKS Financial News
Website: www.aastocks.com

Information Provided by AAStocks Financial News [Disclaimer]
12:57
WuXi Biologics' Suzhou Biosafety Testing Center Received Fourth EMA GMP Certification, Enabling 19 Commercial Products for the European Market

SUZHOU, China, June 18, 2026 /PRNewswire/ -- WuXi Biologics (2269.HK), a leading global Contract Research, Development and Manufacturing Organization (CRDMO), announced that its Biosafety Testing Center in Suzhou has successfully passed a Good Manufacturing Practice (GMP) inspection by the European Medicines Agency (EMA) with zero critical findings. This marks the fourth time the facility has successfully received EMA GMP certificate. 

The inspection supported the European Union marketing authorization application for a total of 19 biologics from 13 clients, with the majority developed and manufactured on WuXi Biologics' integrated platform. These products span a range of biologics modalities, including antibodies, enzymes, and fusion proteins. The EMA inspection focused on biosafety quality control testing for cell banks and commercial unprocessed bulk associated with these products.

GMP-compliant biosafety quality control testing of commercial unprocessed bulk is a key part of pre-license inspections for biologics seeking marketing authorization in the European Union and remains a focus in routine inspections of commercial products. The four-day inspection covered areas such as quality management, facilities and equipment, testing methods, standard operating procedures, computerized systems and personnel. The Suzhou facility's quality system, infrastructure, technical capabilities, data integrity and organizational management were highly recognized by the EMA.

Dr. Chris Chen, CEO of WuXi Biologics, commented: "From preliminary safety validation at cell bank and harvest stages to final quality control at commercial batch release, biosafety testing spans critical stages across the entire lifecycle of biologics, ensuring compliance with rigorous regulatory requirements from development through commercialization. We remain committed to maintaining a high-quality system aligned with global GMP standards as a cornerstone to ensure product quality. This capability is consistently demonstrated and implemented across our global network, reflecting our long-standing commitment to enabling our partners and ultimately benefiting patients worldwide."

WuXi Biologics' Biosafety Testing Center has two facilities in Suzhou and Shanghai, offering comprehensive services including cell bank characterization for CHO, HEK293, and E. coli expression systems, diverse biologics biosafety testing, GMP-compliant release testing for commercial products, and GLP-compliant viral clearance studies supported by high-quality in-house virus production platform. As of December 2025, WuXi Biologics' Biosafety Testing Center has successfully enabled over 1,700 IND or BLA applications. Its high-quality system and technical capabilities have been widely recognized by global regulatory authorities and clients.

In additional to EMA, WuXi Biologics' Biosafety Testing Center has received multiple recognitions from other global regulatory authorities. It has successfully completed remote interactive evaluation by the U.S. Food and Drug Administration (FDA), and has passed inspections by China National Accreditation Service for Conformity Assessment (CNAS), National Medical Products Administration (NMPA), Health Canada (HC), the Therapeutic Goods Administration (TGA) of Australia, and the Pharmaceuticals and Medical Devices Agency (PMDA) of Japan, as well as more than 510 quality audits conducted by global clients.

About WuXi Biologics

WuXi Biologics (stock code: 2269.HK) is a leading global Contract Research, Development and Manufacturing Organization (CRDMO) offering end-to-end solutions that enable partners to discover, develop and manufacture biologics – from concept to commercialization – for the benefit of patients worldwide*.

With over 13,000 employees in China, the United States, Ireland, Germany, and Singapore — including experts and scientists in biologics R&D and manufacturing, technology innovation, and operational excellence — WuXi Biologics leverages its technologies and expertise to deliver efficient, cost-effective, and scalable biologics solutions tailored to meet clients' needs. By embedding digital capability and infrastructure across the full biopharmaceutical value chain, the company turns data, computation, and prediction into transparent client experience, faster development, intelligent operations, and more efficient manufacturing. As of April 30, 2026, WuXi Biologics is supporting 982 integrated client projects, including 78 in Phase III and 25 in commercial manufacturing, with complex modalities representing more than half of the entire project portfolio.

WuXi Biologics regards sustainability as the cornerstone of long-term business growth. The company continuously drives technology innovations to offer advanced end-to-end Green CRDMO solutions for its global partners while demonstrating exemplary Environmental, Social and Governance (ESG) practices. Committed to creating shared value, it collaborates with all stakeholders to foster positive social and environmental impacts, and promote responsible practices that empower the entire value chain.

For more information about WuXi Biologics, please visit: www.wuxibiologics.com.

*The winner of the "2026 Biologics CDMO of the Year" (Large CDMOs) (Life Science Connect / Outsourced Pharma)

*The winner of the "2026 Best Contract Development & Manufacturing Organization Award" (ABEA)

Contacts

Business
[email protected]

Media
[email protected]

Information Provided by PR Newswire [Disclaimer]
09:13
Apple Said to Launch 2nd-Gen iPhone Air in Spring Next Yr, May Add Ultra-Wide Rear Camera

Apple Inc. (AAPL.US) is preparing to launch the second-generation iPhone Air in the spring of next year, Bloomberg, citing sources, reported.

The new model is anticipated to add a rear camera for ultra-wide photography. The device is undergoing internal testing at Apple.

While the appearance of the new iPhone Air will remain unchanged, Apple is working to enhance battery life and may achieve this by improving energy efficiency, sources divulged.
~

AASTOCKS Financial News
Website: www.aastocks.com

This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

Information Provided by AAStocks Financial News [Disclaimer]
08:53
Microsoft Reportedly Makes Major Progress in CN AI Sector Through Sales of OpenAI Models

Microsoft Corporation (MSFT.US) has built a sizable business by selling AI models to Chinese enterprises, as ByteDance has been Microsoft’s largest AI customer in recent years, primarily using OpenAI models, with annual spending on Microsoft’s AI and cloud services estimated to breach USD1 billion, Bloomberg cited sources as saying.

Other Chinese technology companies, including Ant Group, MEITUAN-W (03690.HK) and TENCENT (00700.HK), have also invested heavily in AI models through Microsoft’s Azure cloud services.

Microsoft has reportedly established subsidiaries in China to keep pace with local innovation and serve multinational clients. President Brad Smith testified before Congress that Microsoft’s business in China remains relatively small, accounting for only about 1.5% of the company’s total revenue in 2024.

ByteDance, MEITUAN-W (03690.HK) and TENCENT (00700.HK) have not responded to the report, while an Ant Group spokesperson said the company develops its own AI models and that its core products do not rely on external models.
~

AASTOCKS Financial News
Website: www.aastocks.com

Information Provided by AAStocks Financial News [Disclaimer]
08:25
Cook: Apple Plans Price Hikes to Cope with Swelling Chip Costs

Apple Inc. (AAPL.US) CEO Tim Cook told The Wall Street Journal that the company plans to raise product prices to offset surging costs of memory and storage chips.

He said price hikes are unfortunately unavoidable, adding Apple is making every effort to ease the substantial cost pressure passed on by suppliers and has been working to shield customers from the impact of price hikes, but the current situation has become difficult to sustain.

Cook declined to disclose the specific timing, magnitude or affected products of the planned price increases.

Apple’s next major product launch is likely to take place in September, when the iPhone 18 series is expected to be unveiled, including a new foldable iPhone model.
~

AASTOCKS Financial News
Website: www.aastocks.com

Information Provided by AAStocks Financial News [Disclaimer]
2026-06-17
16:23
HSI Finishes Down 181 pts; KUAISHOU-W Up 7%+; KNOWLEDGE ATLAS Surges 12%

The HSI closed at 24,312, down 181 pts or 0.74%. Full-day turnover reached HKD270.412 billion. The HSTECH closed at 4,669, up 10 pts or 0.22%, while the HSCEI closed at 8,144, down 96 pts or 1.17%.

Major techs were mixed. KUAISHOU-W (01024.HK)’s Kling AI is reportedly seeking to raise over USD2 billion at a post-investment valuation of USD18 billion. Its shares bucked the market to close up 7.34% at HKD47.7. TENCENT (00700.HK) dipped 0.45%, BABA-W (09988.HK) faded 0.09%, and MEITUAN-W (03690.HK) dropped nearly 1.2%.

KINGBOARD HLDG (00148.HK) placed shares of KB LAMINATES (01888.HK) at an 11.5% discount. KB LAMINATES rattled in the morning, once diving 5.7%, before rebounding 6.87% to a record high of HKD91.8, and ended the day up 3.08%. KINGBOARD HLDG also opened lower but reversed course to finish up 17.68%.

Automakers posted notable declines. LI AUTO-W (02015.HK) shed 3.75%, the worst-performing blue chip of the day. XPENG-W (09868.HK) fell off 3.09%, while GEELY AUTO (00175.HK), BYD COMPANY (01211.HK) and NIO-SW (09866.HK) each slid more than 2%.

KNOWLEDGE ATLAS (02513.HK) officially launched and open-sourced GLM-5.2 today, with its shares skyrocketing 12.62%. MINIMAX-W (00100.HK) shot up 6.34%, while XUNCE (03317.HK) lost 2.56%.
~

AASTOCKS Financial News
Website: www.aastocks.com

Information Provided by AAStocks Financial News [Disclaimer]
15:29
AWS, HKSTPC Ignite 3-Yr Strategic Upgrade Plan for Joint Innovation Center

Amazon.com, Inc. (AMZN.US)'s Amazon Web Services (AWS) held the AWS Summit Hong Kong and announced a deepening of its strategic partnership with Hong Kong Science and Technology Parks Corporation (HKSTPC).

The AWS Joint Innovation Center established by both parties will launch a new three-year strategic upgrade plan, promoting three major strategies: "Co-nurturing Startups", "Developing AI Talent" and "Empowering Global Expansion". The annual target of jointly supporting more than 100 startups will be stretched to cover the life and health technology sector.

Terry Wong, CEO of HKSTPC, said the upgrade of the AWS Joint Innovation Center will enable resources to be deployed more systematically into the most promising areas.
~

AASTOCKS Financial News
Website: www.aastocks.com

Information Provided by AAStocks Financial News [Disclaimer]
Subscribe Newsletter
Get the latest news from us by inputing your email address here.
(Please read our Privacy Policy)