Renowned investor Michael Burry, the inspiration behind the film "The Big Short", radically scaled up his short positions against the AI sector, according to The Wall Street Journal.

He disclosed his latest bearish bets, including TESLA, INC. (TSLA.US), CATERPILLAR INC. (CAT.US), semiconductor manufacturer APPLIED MATERIALS, INC. (AMAT.US), and an ETF tracking chipmakers, namely iShares Semiconductor ETF (SOXX.US).

These positions are part of his ongoing short-selling strategy over recent months, aimed at profiting from a potential cooling of the AI boom. Burry wrote on his Substack on Tuesday (30th) that he believes this is the beginning of the end.

He has consistently criticized the stock market's AI frenzy, arguing that investors have rushed blindly into pushing up the share prices of industry giants while ignoring potential risks. Burry gained a large group of online followers after accurately shorting the US housing market during the 2008-09 financial crisis.

One of his latest bets involves buying put options on an ETF tracking a semiconductor index. Constituents of the index include MICRON TECHNOLOGY, INC. (MU.US) and ADVANCED MICRO DEVICES, INC. (AMD.US). He also targeted CATERPILLAR, noting that he had previously profited from taking long positions in the company. Burry also increased his months-long bearish position against NVIDIA CORPORATION (NVDA.US).
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KINGBOARD HLDG (00148.HK) opened 10.94% lower today and hit an intraday low of HKD99.45. It last posted at HKD103, down 12.64%, with turnover of 32.7713 million shares, involving HKD3.453 billion.

KB LAMINATES (01888.HK) opened 9.38% lower today and hit an intraday low of HKD79.85. It last quoted at HKD82.5, down 16.79%, with turnover of 69.9869 million shares involving HKD5.992 billion.

Citi believed market concerns over excessive AI infrastructure construction may provide a good buying opportunity. According to Reuters, Meta Platforms, Inc. (META.US) is planning to sell excess computing capacity to external customers. This could trigger market concerns about AI infrastructure overbuild and weigh on the share prices of KINGBOARD HLDG and KB LAMINATES in the short term owing to market sentiment.

Nevertheless, the broker viewed both companies still have ample room for earnings upward revision in 2026-27, in light of further expansion of AI fabric capacity before end-2026 and potential certification of copper clad laminate (CCL) products by NVIDIA Corporation (NVDA.US) by mid-2027.
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Chen Qiyu and Xu Xiaoliang, Co-CEOs of Fosun International win Asia's Best CEO from Corporate Governance Asia

Fosun International receives Sustainable Asia Award 2026, Best Environmental Responsibility Award and Best Corporate Communications Award

HONG KONG, July 2, 2026 /PRNewswire/ -- On 30 June 2026, Corporate Governance Asia presented the 16th Asian Excellence Award. Chen Qiyu and Xu Xiaoliang, Executive Directors and Co-CEOs of Fosun International Limited ("Fosun International", "Fosun" or the "Group") (HKEX stock code: 00656) were both honored with Asia's Best CEO. In addition, Fosun International received Sustainable Asia Award 2026, Best Environmental Responsibility Award and Best Corporate Communications Award.

Corporate Governance Asia is one of the most authoritative and influential corporate governance journals in the Asia Pacific region. The award recognizes outstanding industry leaders and enterprises that excelled in financial performance, corporate governance, corporate social responsibility, environmental protection, corporate communications, and investor relations over the past year. Other award recipients of the 16th Asian Excellence Award include well-known Asia Pacific companies such as Sino Land, Sun Hung Kai Properties, Bank of China (Hong Kong), China Mobile, China Telecom, China Unicom, China Communications Services, and PetroChina, etc.

Recognizing Excellence in Business Performance and ESG Practices

According to Corporate Governance Asia, in 2025, amid rapid global economic transformation and ongoing technological breakthroughs, Fosun maintained strong strategic focus, concentrating on its core businesses, pursuing steady development, and actively strengthening the operational capabilities of its advantageous industries, demonstrating solid operational resilience. In a complex external business environment, Chen Qiyu and Xu Xiaoliang, as CEOs of a large global private enterprise, have consistently driven Fosun's high-quality development through the twin drivers of "innovation" and "globalization". At the same time, they have actively advanced the deep integration of the Group's ESG into its businesses to build a core competitive advantage for sustainable development, consistently contributing to a better world. Therefore, Chen Qiyu and Xu Xiaoliang were awarded Asia's Best CEO.

Chen Qiyu, Executive Director and Co-CEO of Fosun International, said, "We are deeply honored to receive several prestigious awards from Corporate Governance Asia, including Asia's Best CEO and the Sustainable Asia Award. These accolades recognize not only individual achievements but also reflect the collective efforts of the entire Fosun team. Over the years, we communicate transparently and efficiently with various stakeholders and rating agencies. Our relentless efforts in the ESG domain have garnered much external recognition. By adhering to innovation driven development and global operations, we continuously optimize resource allocation and focus our strengths on innovative research, ensuring our innovative achievements benefit the world. Upholding the philosophy of 'Innovation for Good Health', we will leverage original innovation to strengthen the foundation of sustainable development and steadily advance toward a more resilient and efficient sustainability journey."

Xu Xiaoliang, Executive Director and Co-CEO of Fosun International, said, "Fosun's globalization journey has evolved from 'Combining China's Growth Momentum with Global Resources' to 'Combining Global Resources with China's Capabilities'. Fosun has consistently leveraged global resources to deliver more high-quality products and services to families around the world. With an increasingly sophisticated global business presence, Fosun has operated responsibly across more than 40 countries and regions, improving lives worldwide and creating sustainable value. As a global company rooted in China, Fosun began integrating ESG principles at an early stage, reflecting values deeply embedded in the Group's DNA and corporate culture. Since its founding, Fosun has upheld its original aspiration of 'Contribution to Society', striving not only to create commercial value but also to generate broader social impact. Looking ahead, Fosun will actively respond to national strategies, implement 'dual carbon' goals, promote rural revitalization, expand impact across global communities in areas such as healthcare, educational equity, community construction, culture and art. The ultimate goal is to help more families enjoy healthier, happier, and wealthier lives."

Advancing Global Sustainable Development with Outstanding ESG Performance

Corporate Governance Asia highlighted that Fosun has consistently advanced sustainable development through "innovation" and "globalization", continuously improving its ESG system, actively addressing climate change and social challenges, and demonstrating outstanding achievements in green development, biodiversity conservation, public health, social welfare, etc. As a result, Fosun was honored with Sustainable Asia Award 2026, Best Environmental Responsibility Award and Best Corporate Communications Award. These accolades not only affirm Fosun's outstanding performance in promoting global sustainable development and fulfilling corporate social responsibility, but also highlight its steadfast dedication to ESG knowledge sharing and climate advocacy.

Despite global economic, environmental, and social uncertainties in 2025, Fosun remained steadfast in its sustainability commitment and made remarkable strides. Fosun International's MSCI ESG rating has been upgraded to the highest rating AAA. It has maintained a Hang Seng Sustainability Rating of AA-. It has also been included in S&P Global's Sustainability Yearbook 2026 and consistently ranked among the top 1% in China. Its FTSE Russell ESG score rose to 4.2 (maximum score: 5) and has been included in the FTSE4Good Index Series for the fifth consecutive time.

Actively Responding to Climate Change and Protecting Biodiversity

In response to climate change and low-carbon transition, Fosun actively responds to the national "dual carbon" goals by promoting carbon neutrality and energy conservation and emissions reduction. In 2021, Fosun made a commitment to society – "strive to peak carbon emissions by 2028 and achieve carbon neutrality by 2050". Fosun has formulated strategies for climate change mitigation and adaptation to align with the 1.5°C temperature control target set in the Paris Agreement. Building on its commitment to achieve carbon neutrality by 2050, Fosun has set a mid-term target to reduce the intensity of Scope 1 and Scope 2 GHG emissions by 20% by 2034, using 2024 as the base year. This reflects Fosun's rigorous management of operational emissions and demonstrates the Group's commitment and execution in advancing low-carbon transition.

In addition to actively addressing climate change, Fosun also places great importance on biodiversity conservation. In 2018, Atlantis Sanya under Fosun Tourism Group officially established an aquatic wildlife rescue station. Over the years, it has rescued a total of 42 wild sea turtles. On 23 May this year, World Turtle Day, the Sea Turtle Shelter at the Atlantis Sanya aquarium was officially inaugurated. Sea turtles with minor injuries are treated and released back into the sea upon full recovery, while those unable to return to the wild are given a permanent home at the shelter. Covering an area of 388 square meters, the Sea Turtle Shelter features rehabilitation pools, an educational exhibition hall, and breeding beaches designed to replicate a natural ecosystem, offering both a recovery space and long-term habitat for sea turtles.

Driven by Innovation, Committed to Social Contribution

Fosun adheres to an innovation-driven strategy. Its Health segment has developed anticancer and antimalarial drugs that have widely benefited cancer patients and severe malaria patients. Among them, HANSIZHUANG, HLX43, HLX22, and other marketed and pipeline innovative drugs have delivered several "world's first" breakthroughs. HANSIZHUANG became the world's first monoclonal antibody targeting PD-1 approved for first-line treatment of extensive-stage small cell lung cancer (ES-SCLC), and has been approved for marketing in over 40 countries and regions. HLX43 has shown significant advantages, with a favorable efficacy and safety profile in non-small cell lung cancer (NSCLC), gynecological tumors, esophageal squamous cell carcinoma (ESCC), and other indications. HLX22 is the world's first anti-HER2-targeted therapy to receive Orphan Drug Designation (ODD) approvals from both U.S. Food and Drug Administration (FDA) and the European Commission (EC) for gastric cancer. As of 31 December 2025, Fosun Pharma's independently developed artesunate for injection had saved more than 88 million severe malaria patients worldwide, with more than 440 million doses supplied globally.

In order to better promote the fulfillment and implementation of corporate social responsibility, Fosun Foundation was established in 2012. It has been making unremitting efforts in the fields of global emergency relief, rural revitalization, health, education, culture and art, youth development, to create social value. Among these efforts, the Rural Doctors Program, launched in 2017, has covered 78 counties in 16 provinces, cities, and autonomous regions across the country, supporting 25,000 rural doctors and benefiting 3 million rural families.

Looking ahead, Fosun remains dedicated to advancing its social responsibility through innovation and responsible global operations. Guided by its "Create IMPACT" sustainable development strategy, Fosun will intensify its efforts to build a more responsible, inclusive, and sustainable future.

復星國際聯席CEO陳啟宇、徐曉亮榮獲《亞洲企業管治》頒發的「亞太區最佳CEO獎」

復星國際同時榮獲「2026亞太區可持續發展大獎」、「最佳環境責任獎」及「最佳企業傳播獎」

香港2026年7月2日 /美通社/ -- 2026年6月30日，《亞洲企業管治》雜誌頒發「第十六屆亞洲卓越企業大獎」，復星國際有限公司（簡稱「復星國際」，「復星」或「集團」）（香港聯交所股份代號：00656）執行董事兼聯席CEO陳啟宇、徐曉亮，雙雙榮獲該雜誌頒發的「亞太區最佳CEO獎」。此外，復星國際同時榮獲「2026亞太區可持續發展大獎」、 「最佳環境責任獎」及「最佳企業傳播獎」。

《亞洲企業管治》是亞太區最具權威和影響力的企業管治雜誌。獲獎企業均在行業內具有領先及領導地位，在過去一年中於財務表現、公司治理、企業社會責任、環境保護、企業傳播及投資者關係等多個方面展現出卓越的綜合實力。本次「第十六屆亞洲卓越企業大獎」的其他獲獎公司包括：信和置業、新鴻基地產、中國銀行（香港）、中國移動、中國電信、中國聯通、中國通信服務、中石油等亞太區內知名企業。

獎項表彰業務卓越與ESG雙優的傑出企業

《亞洲企業管治》指出，2025年，在全球經濟快速演變、科技創新持續突破的大背景下，復星依然展現出堅定的戰略定力，聚焦主業，穩健發展，並積極提升優勢產業的運營能力，彰顯出強大的經營韌性。在複雜的外部經營環境下，作為一家全球大型民營企業的CEO，陳啟宇先生和徐曉亮先生始終堅持以「創新」和「全球化」雙引擎驅動復星高質量發展，同時更積極推動集團ESG與商業深度融合，形成可持續發展的核心競爭力，持續為世界創造美好，因此授予陳啟宇先生和徐曉亮先生「亞太區最佳CEO獎」。

復星國際執行董事兼聯席CEO陳啟宇表示：「我們感到非常榮幸，能獲得《亞洲企業管治》頒發的『亞太區最佳CEO獎』及『亞太區可持續發展大獎』等多個獎項。獎項不僅屬於個人，也是屬於整個復星團隊，是對整個集團工作的肯定。多年來，我們與各利益相關方和評級機構保持透明、高效的溝通，在ESG領域的不懈努力也贏得了眾多外部認可。復星在堅持科創驅動與全球運營的同時，我們持續優化資源配置，將力量聚焦於創新研發，讓創新成果惠及世界。秉持『持續創新，樂享健康』的理念，我們將繼續以源頭創新夯實可持續發展根基，穩步邁向更具韌性、更高效的可持續發展之路。」

復星國際執行董事兼聯席CEO徐曉亮表示：「復星全球化的歷程已從早期的『中國動力嫁接全球資源』，發展到如今的『全球資源嫁接中國能力』。復星一直善於利用全球稟賦，讓我們更多的好產品與服務惠及全球家庭。憑藉完善的全球產業生態佈局，復星已在超過40個國家和地區負責任運營，積極助力全球民生福祉與可持續價值創造。作為一家植根中國的全球化企業，復星在 ESG 方面的工作起步很早，這和企業的基因與文化有關。從創業之初，我們就明確『助天下』的初心，要創造的不僅僅是商業價值，更多的是社會價值。展望未來，復星將繼續積極響應國家戰略、落實『雙碳』目標、推動鄉村振興、在健康醫療、教育公平、社區建設、文化藝術等方面擴大在全球社區的影響力，幫助更多家庭享受健康、快樂、富足的生活。」

積極推動全球可持續發展，ESG評級屢獲佳績

《亞洲企業管治》指出，復星始終堅持以「創新」和「全球化」驅動可持續發展，不斷完善ESG體系建設，積極應對氣候變化與社會挑戰，並在綠色發展、生物多樣性保護、公共健康和社會公益等方面展現出卓越成效。因此，復星獲頒「2026亞太區可持續發展大獎」、「最佳環境責任獎」及「最佳企業傳播獎」。這些獎項不僅肯定復星在推動全球可持續發展與履行企業社會責任方面的傑出表現，也彰顯了復星在ESG經驗傳播及氣候議題倡導方面的堅守與努力。

儘管2025年全球環境、社會與經濟充滿不確定性，復星仍堅定履行對可持續發展的長期承諾，並取得了顯著進展。復星國際MSCI ESG評級已升至最高級AAA；恒生可持續發展評級保持AA-；入選標普全球《可持續發展年鑑2026》並連續位列中國最佳1%；富時羅素ESG評分升至4.2分（滿分5），並連續第五次入選FTSE4Good成份股。

積極應對氣候變化，守護生物多樣性

面對氣候變化與低碳轉型的趨勢，復星積極響應國家「雙碳」目標，推動碳中和與節能減排，於2021年向社會做出承諾：「力爭於2028年實現碳達峰、2050年實現碳中和」，通過制訂氣候變化緩解和適應策略，支持《巴黎協定》的1.5℃控溫目標。復星更在2050碳中和承諾的基礎上，提出以2024年為基準年，至2034年範圍1和範圍2的溫室氣體排放強度下降20%的中期目標，這是復星對運營排放的嚴格約束，也彰顯集團推動低碳轉型的決心與行動力。

除了積極應對氣候變化外，復星同時高度重視生物多樣性的保護。2018年，復星旅文旗下三亞亞特蘭蒂斯水生野生動物救助站正式成立。多年來，累計救助野生海龜42隻。今年5月23日世界海龜日當天，三亞亞特蘭蒂斯水族館「海龜之家」正式揭牌啟用，輕傷海龜經過治療後完全康復，會重新放歸大海；而那些無法再回歸野外的海龜，則會留在這裡繼續生活。「海龜之家」佔地388平方米，設置康養水池、科普館以及模擬自然生態環境的繁殖沙灘，為海龜提供康復與長期棲息環境。

創新驅動，積極回饋社會

復星堅持創新驅動，旗下健康板塊研發的抗癌、抗瘧藥物，廣泛惠及癌症患者及重症瘧疾患者。其中，漢斯狀、HLX43、HLX22等上市及在研創新藥實現多項「全球首個」突破。漢斯狀®成為全球首個一線治療廣泛期小細胞肺癌的PD-1單抗，已在40餘國家和地區上市；HLX43在非小細胞肺癌、婦科腫瘤、食管鱗癌等多個領域展現「高效、低毒」優勢；HLX22則是全球首款同時獲歐盟與美國孤兒藥資格認定的胃癌抗HER2靶向療法。截至2025年12月底，復星醫藥自主研發的注射用青蒿琥酯累計救治全球超8,800萬重症瘧疾患者，已向全球累計供應超過4.4億支注射用青蒿琥酯。

為更好地推動企業社會責任的履行和實施，復星基金會於2012年成立，在全球應急馳援、鄉村振興、健康、教育、文化藝術及青少年發展等領域不懈努力，創造社會價值。 其中，自2017年啟動的鄉村醫生項目已覆蓋16個省、市、自治區的78個項目縣，累計守護2.5萬名鄉村醫生，惠及300萬戶農村家庭。

面向未來，復星將繼續通過創新和負責任的全球運營，積極承擔更多社會責任，在「創造影響力」可持續發展戰略的引領下，矢志創造更加負責任、包容和可持續的未來。

Large model technology expert Sun Tianxiang has joined BIDU-SW (09888.HK) as head of the Basic Model Unit (BMU), while also joining Baidu Model Committee (BMC), Chinese news broke, citing sources.

Previously, Baidu had established the BMU and the Application Model Unit (AMU), with the AMU headed by Jia Lei.

According to introduction, Sun was born in 1997 and received his Ph.D. in Computer Science and Technology from Fudan University in 2024. During his doctoral studies, he interned at Amazon Shanghai AI Lab (2019-2020), Alibaba DAMO Academy (2022), and Shanghai AI Lab (2023).
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Microsoft Corporation (MSFT.US) plans to cut up to 2.5% of its workforce in the latest round of layoffs, with the plan potentially being announced as early as next week, Business Insider, citing sources, reported.

The layoffs are expected to affect thousands of positions, including sales and consulting roles, as well as positions in the Xbox gaming division.

As of the end of June last year, Microsoft had approximately 228,000 full-time employees.
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BYD COMPANY (01211.HK) delivered 557,100 EVs in 2Q26, Bloomberg reported. Although the figure subsided YoY, it may still be enough to topple Tesla, Inc. (TSLA.US), as Tesla is expected to report quarterly sales of about 396,500 vehicles next week.

BYD COMPANY first surpassed Tesla in sales in 4Q24 and maintained a noticeable lead last year. However, Tesla regained the lead in 1Q26, with sales exceeding BYD COMPANY by about 48,000 vehicles, as feeble demand in the China market weighed on BYD COMPANY's domestic sales.

As China's automobile market remains mired in an intense price war, BYD COMPANY is focusing on technology upgrades while aggressively expanding into overseas markets. About 43% of its second-quarter sales stemmed from overseas markets.
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全球唯一入選世界指數及亞太指數之綜合旅遊休閒企業
「人才、社區及地球」三大ESG策略成效備受國際肯定

澳門2026年7月1日 /美通社/ -- 金沙中國有限公司憑藉在環境、社會及管治（Environmental, Social and Governance, ESG）方面的卓越表現，在最新公佈的道瓊斯可持續發展指數（Dow Jones Best-in-Class Indices）評選中，連續第五年入選道瓊斯可持續發展世界指數，以及連續第六年入選道瓊斯可持續發展亞太指數，成為全球唯一同時入選世界指數及亞太指數之綜合旅遊休閒企業，充分肯定公司在「人才、社區及地球」三大可持續發展核心方向的卓越表現及成效。

在今年的評選中，全球共有16家綜合旅遊休閒企業獲邀參與，最終僅有金沙中國及母公司拉斯維加斯金沙集團雙雙入選世界指數；金沙中國亦是僅有兩家躋身亞太指數的綜合旅遊休閒企業之一。此外，拉斯維加斯金沙集團此次亦連續第七年獲列入世界指數及北美指數，印證集團一體化的ESG管理成效備受國際肯定。

金沙中國有限公司行政總裁兼執行董事鄭君諾表示：「金沙中國今年再度獲納入道瓊斯可持續發展世界指數及亞太指數，成為全球唯一同時入選此兩大指標的綜合旅遊休閒企業，我們對此深感榮幸。這份殊榮充分肯定公司在環境、社會及企業管治範疇的傑出表現，獲國際機構高度肯定令人鼓舞。金沙中國一直視可持續發展為公司重要基石，堅持履行企業社會責任。二十多年來，我們將ESG理念貫徹於日常營運，推動本澳人才培育發展、社區共融、支持中小企等多項工作，致力為澳門開創更廣泛、更長遠的社會效益。未來，我們將持續堅持可持續發展理念與實踐，並與澳門特區政府及社會各界緊密合作，為澳門共創更綠色、美好、多元的未來。」

一直以來，金沙中國堅定履行「人才」、「社區」及「地球」三大企業責任支柱，並推行一系列相關的可持續發展舉措。在人才方面，公司透過金沙中國學院於2025年向本地僱員提供累計合共180萬培訓小時；自澳門金沙於2004年開業至2025年底，公司為團隊成員提供的累計培訓總時數已超過2,260萬小時。

在社區層面，金沙中國於2009年成立「金沙中國關懷大使計劃」，成為全澳首家設立義工隊的綜合旅遊休閒企業；截至2025年，計劃已累計貢獻高達362,000個社區服務小時。與此同時，金沙中國亦積極配合澳門特區政府推動社區經濟及片區活化的施政方針，持續投放企業資源，為歷史片區的可持續發展注入動能。公司早前以「融舊立新‧承先啟後」理念，再度推出「草堆街片區活化項目」，鼓勵及支持澳門中小企在草堆街開創及優化其業務，攜手激活街區經濟活力。

在環境管理方面，金沙中國持續推進各項減碳與環保措施。與2018基準年相比，公司已成功將範疇一及範疇二的溫室氣體排放量大幅削減61%，一系列高效的綠色舉措亦令金沙中國早前再度榮獲ISO 14001環境管理體系認證。此外，公司亦透過多項具體行動持續優化資源運用及提升營運效益，包括全面落實娛樂場撲克牌100%回收再造、將所有免費樽裝水全面更換為環保材質，以及持續擴大非籠養鷄蛋等綠色採購比例。

道瓊斯可持續發展指數於1999年推出，是全球首個亦是最具公信力的企業可持續發展基準系列。該指數由標普全球（S&P Global）每年對全球逾12,000家企業進行深度評審，嚴格全面地評估各行業在ESG範疇的表現。其評選結果不僅是全球可持續發展投資者的核心指標，亦是國際公認評估企業長期商業成功與管治水平的權威榮譽。

關於金沙中國有限公司

金沙中國有限公司（香港聯交所：1928，「金沙中國」或「公司」）是一所於開曼群島註冊成立的有限公司及在香港聯合交易所有限公司上市的公司。金沙中國是澳門最大的綜合度假村經營商，於路氹金光大道上設有澳門威尼斯人^®、澳門百利宮、澳門巴黎人^®，以及澳門倫敦人^® 等物業項目，同時擁有及經營位於澳門半島的澳門金沙。公司旗下的各綜合度假村集合多樣化的娛樂消閒、商務設施及客運業務，包括大型會議及展覽場地、各式餐廳食肆、購物中心、於威尼斯人綜藝館、倫敦人綜藝館、威尼斯人劇場、巴黎人劇場、倫敦人劇場及金沙劇場舉行的世界級娛樂表演，以及來往港澳的金光飛航高速渡輪服務。公司在路氹金光大道的各物業發展項目，堅定並持續地為建設澳門成為世界旅遊休閒中心貢獻力量。金沙中國是全球度假村發展商拉斯維加斯金沙集團股份有限公司（紐約證券交易所：LVS）的附屬公司。

如欲索取更多相關資訊，請瀏覽網頁https://hk.sandschina.com/index.html。

傳媒查詢：
金沙中國有限公司 – 企業傳訊部
胡美寶
電話：+853 8118 2268
電郵：[email protected] 

鄭文軒
電話：+853 8118 2054
電郵：[email protected]

SHENZHEN, China, June 30, 2026 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that its annual general meeting (the "AGM") was held in Hong Kong on June 30, 2026 and all the proposed resolutions set out in the notice of the AGM dated May 20, 2026 were duly passed at the AGM.

About Tencent Music Entertainment

Tencent Music Entertainment Group (NYSE: TME and HKEX: 1698) is the leading online music and audio entertainment platform in China, operating the country's highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME's mission is to create endless possibilities with music and technology. TME's platform comprises online music, online audio, online karaoke, music-centric live streaming and online concert services, enabling music fans to discover, listen, sing, watch, perform and socialize around music. For more information, please visit ir.tencentmusic.com.

Investor Relations Contact
Tencent Music Entertainment Group
[email protected]
+86 (755) 8601-3388 ext. 885034

Seven creators from five continents shared stories of movement while more than 3,000 people joined a community run in Hong Kong

SHENZHEN, China, June 30, 2026 /PRNewswire/ -- TCL, a leading global technology company and a Worldwide Olympic and Paralympic Partner, has concluded its global campaign for Olympic Day 2026, supporting the International Olympic Committee (IOC)'s "Let's Move" initiative celebrating the joy of movement and sport.

The campaign began with seven creators sharing their interpretations of the Olympic spirit through film, family activities, fashion, culture and movement. Their stories were brought together in a montage filmed around the world to spark cross-platform conversations under the brand slogan "Inspire Greatness" and the social media hashtag #JointheGreatness. The celebration then moved into the community with the "Run with Hong Kong Athletes" event on June 28.

"We've seen that the magic of the Olympic Games isn't just in the stadiums; it's in living rooms, streets and communities across the globe. We at TCL are proud to provide new ways for people around the world to connect with this spirit and inspire their own greatness," said Wei Xue, Vice President and ESG Director of TCL Technology and Chairman of the TCL Charity Foundation.

Seven Creators Share One Global Story

The seven creators from five continents, reaching a combined social following of more than 21 million people, explored how the concept of Inspire Greatness and the Olympic spirit take on different cultural meanings worldwide, and how TCL's technology can bring them to life in ways that resonate across cultures.

In the United States, cinematic storytelling paid tribute to the history of film, moving from black-and-white to vivid color. In France, families turned their living rooms into spaces for friendly competition, using games and challenges inspired by the sporting action on screen. In New Zealand, movement drew on Māori heritage and a close connection to the land, while in South Africa, creators brought together sport, fashion and the ambitions of a new generation. In Japan, parkour, gaming-inspired visuals and augmented reality connected movement through the streets of Tokyo, reflecting the energy and determination seen on the sporting stage.

The montage film created one continuous global celebration through seamless transitions between people, places and screens, inviting viewers to share their own experiences under the hashtag #JointheGreatness – whether they tried out a new sport, overcame an everyday challenge, or simply chose to move. By celebrating participation rather than sporting achievement alone, the campaign reflected a central idea behind Olympic Day: everyone can be part of the movement.

Over 3,000 People Join Hong Kong Community Run

The campaign continued in Hong Kong on June 28, when more than 3,000 people took part in the "Run with Hong Kong Athletes" event.

Organized in collaboration with the IOC and the Sports Federation and Olympic Committee of Hong Kong, China, and sponsored by TCL, the event brought the "Let's Move" invitation directly into the local community. Runners of different ages and backgrounds gathered to enjoy sport and experience the Olympic spirit outside the competition arena, celebrating Olympic Day alongside local athletes. TCL hosted a booth on site, helping to provide entertainment for attendees, while more than 30 TCL employees embodied the spirit of "Inspire Greatness" by joining the run.

Following the stories of movement shared across five continents, the Hong Kong runners united to write their own collective chapter, bridging the campaign's message with the physical world.

Bringing the Arena Closer

Display technology played an important role throughout the campaign, helping creators connect sporting moments on screen with real-world movement, and bringing the inspiration of the Olympic Games into everyday life.

TCL SQD-Mini LED TVs combine an expansive picture with advanced color reproduction and fine visual detail. By reproducing the expressions, movement and emotion that define decisive sporting moments, the TVs become an extension of the arena, bringing audiences closer to the action.

The campaign also showcased TCL RayNeo AR glasses, pointing to more personal and immersive ways to enjoy sports entertainment. By placing digital content within the wearer's natural field of view, the glasses offer a large-format viewing experience that can be enjoyed almost anywhere.

A Year-Round Olympic Journey

The Olympic Day campaign continues a year of activities through which TCL has connected technology, sport and local communities.

Ahead of the Olympic and Paralympic Winter Games Milano Cortina 2026, TCL created its "Wishes for Greatness" winter wonderland in Milan's Piazza del Duomo. Additionally, the company opened TCL Edelweiss Land in Milan, where visitors experienced its latest display technology, augmented reality products and smart home appliances. Team TCL built on the same "Inspire Greatness" vision, highlighting that greatness takes many forms by supporting athletes pursuing success at the highest level, while encouraging people everywhere to follow their own ambitions.

From Milan's festive celebrations to the streets of Hong Kong, TCL's role as a Worldwide Olympic and Paralympic Partner extends beyond the events themselves. It represents a long-term commitment to using technology to bring people closer to sport, to one another and to the moments that inspire greatness in everyday life.

About TCL

Founded in 1981, TCL—short for "The Creative Life"—is dedicated to empowering smarter, healthier lifestyles through next-generation experiences. Operating through two independent entities, TCL Industries and TCL Technology, TCL delivers innovative solutions spanning TVs, smartphones, audio products, smart home devices, display technologies, and clean energy. 

Today, with 47 R&D centers and 41 manufacturing bases globally, TCL operates in over 160 countries and regions, reinforcing its position as a globally competitive smart technology brand. To further inspire greatness, TCL has become an official Worldwide Olympic and Paralympic Partner in the Home Audiovisual Equipment and Home Appliances category. 

https://www.tcl.com/global/en