China Fund News Taylor
Brothers and sisters, in today's market, I don't know if you have this feeling, after the real-time data of the northbound capital, domestic capital seems to have become a "headless fly", resulting in a slight boredom of the whole market.
Today, the three major A-share indexes fluctuated slightly, with the Shanghai Composite Index down 0.07%, the Shenzhen Component Index down 0.05%, and the ChiNext Index down 0.26% as of the close.
A total of 3,468 stocks rose and 1,681 declined.
Game stocks have strengthened sharply, Tom Cat's "20cm" daily limit is closed, on the news side, the U.S. stock game station has been hyped up again, and OpenAI has released a blockbuster new product, in addition to Tencent's upcoming quarterly report.
Automobiles and other sectors were among the top gainers.
The textile and light industry sector is strong, and Yazhen Home, Sanbaisho, and Aili Home are closed to the limit.
The concept of cellular immunotherapy has declined.
High-dividend sectors pull back.
Hesai Technology, a Chinese supplier of autonomous driving technology, sued the U.S. Department of Defense
Today, Hesai Technology Co., Ltd., a developer of sensor technology for autonomous vehicles, sued the U.S. Department of Defense for placing the company on a "blacklist." According to a complaint filed by the Shanghai-based company in federal court in Washington on the 13th, being included in the so-called 1260H list has caused it to "damage its reputation, a significant drop in its stock price, and the loss of some business opportunities."
It is reported that Hesai Technology provides lidar technology in self-driving cars, which is used to help avoid collisions. In April, U.S. lawmakers urged the Pentagon to ban cars containing Chinese-produced technology, such as lidar, from entering U.S. military bases.
Hesai insists that it only designs and manufactures products for commercial and residential use. The company also said its presence on the list disrupted its plans to build a manufacturing facility in the United States.
Hesai Technology went public on the NASDAQ early last year. The company asked a U.S. court to order the Department of Defense to provide reasons for putting the company on the list. According to the lawsuit, the U.S. Department of Defense "did not give Hesai any opportunity to warning, explanation, or defense before adding Hesai to the list."
A spokesperson for China's Ministry of Commerce said on May 10 that for a long time, the US has broadened the concept of national security, abused export control measures, suppressed and contained enterprises from other countries, seriously damaged the legitimate rights and interests of enterprises, undermined the security and stability of global industrial and supply chains, and hindered the recovery and development of the world economy. China urges the US to immediately stop its erroneous practices and will take necessary measures to resolutely safeguard the legitimate rights and interests of Chinese companies.
Liu Lixian, former secretary of the ICBC Commission for Discipline Inspection, was prosecuted: illegally accepting other people's property, the amount of which was particularly huge
According to the Supreme People's Procuratorate, the case of Liu Lixian, former member of the Party Committee and secretary of the Discipline Inspection Commission of the Industrial and Commercial Bank of China Co., Ltd., who was suspected of accepting bribes, was investigated by the State Supervision Commission, and was designated by the Supreme People's Procuratorate to be examined and prosecuted by the People's Procuratorate of Dezhou City, Shandong Province. Recently, the People's Procuratorate of Dezhou City, Shandong Province has filed a public prosecution with the Intermediate People's Court of Dezhou City, Shandong Province.
During the review for prosecution stage, the procuratorate informed the defendant Liu Lixian of his procedural rights in accordance with the law, interrogated the defendant Liu Lixian, and listened to the defender's opinions. The procuratorate's indictment alleges: Defendant Liu Lixian took advantage of his position as director of the Procuratorial Technology Bureau of the Supreme People's Procuratorate, member of the Party Committee, secretary of the Discipline Inspection Commission, and vice president of China Huarong Asset Management Corporation, member of the Party Committee and secretary of the Discipline Inspection Commission of Industrial and Commercial Bank of China Co., Ltd., to seek benefits for others, and also took advantage of the convenience created by his own authority or position to seek improper benefits for others and illegally accept property from others through the conduct of other state functionaries in their positions, the amount of which was particularly huge. He shall be investigated for criminal responsibility for the crime of accepting bribes in accordance with law.