Semiconductor chip stocks fell in early trading

Survival Rules for Turbulent Times: A Compilation of the 20 Most Unmissable Core Insights from the 2026 Tsinghua PBCSF Forum

A dialogue between Zhu Min, former Deputy Governor of the People's Bank of China and former Vice Managing Director of the International Monetary Fund; Michael Spence, 2001 Nobel Prize winner in Economics and Philip H. Knight Professor Emeritus of Management at Stanford Graduate School of Business; and Masaaki Shirakawa, former Governor of the Bank of Japan, at the 2026 Tsinghua PBCSF Global Finance Forum.

Momenta says it is first Chinese company with Germany-wide L4 testing permit

Momenta Global Limited（Momenta，初速度科技）said on July 29 that it had received authorization from Germany’s Federal Motor Transport Authority, or KBA, to test Level 4 autonomous-driving systems on urban roads across the country. The Hong Kong-listed company said it was the first Chinese enterprise to obtain a German L4 testing permit with nationwide urban-road coverage.

XPeng’s estimated overseas deliveries pass 100,000 as global expansion accelerates

XPeng（小鹏汽车） appears to have surpassed 100,000 cumulative vehicle deliveries in overseas markets, based on company disclosures and publicly available shipment and registration data. The Chinese smart-electric-vehicle maker has not announced an official cumulative overseas total, making the figure an estimate rather than a company-confirmed milestone.

OceanBase reportedly seeks up to CNY 3 billion for AI platform and overseas expansion

OceanBase（海扬数据库）, the database company developed within Ant Group and now operated independently, is in talks to raise between CNY 2 billion and CNY 3 billion in a proposed Series A round, according to people familiar with the matter.

Baidu’s Apollo Go Begins Supervised Road Testing in London with Freenow by Lyft

Baidu, Inc.（百度）has begun testing its Apollo Go（萝卜快跑）autonomous vehicles on public roads in London with Freenow by Lyft, marking the Chinese company’s first road deployment in the British capital.