Cointime

Cointime

Download App
iOS & Android
Home / Point

Li Qiang to Attend the 17th Summer Davos Forum

On June 22, a spokesperson for the Ministry of Foreign Affairs announced that Premier Li Qiang will attend the 17th Summer Davos Forum in Dalian from June 23 to 24. During the forum, Premier Li will attend the opening ceremony and deliver a special address, meet with foreign guests attending the forum, and hold discussions with representatives from the business community. Attendees will include Bangladesh Prime Minister Sheikh Hasina, Guinea Prime Minister Ibrahima Kassory Fofana, Kazakhstan Prime Minister Alikhan Smailov, South Korea Prime Minister Han Duck-soo, Mongolia Prime Minister L. Oyun-Erdene, and Montenegro Prime Minister Dritan Abazović. More than 1,700 representatives from politics, business, academia, and media from over 90 countries and regions will participate.

Comments

All Comments

Recommended for you

  • SpaceX Pre-Market Drops 3.5%

    On June 22, SpaceX (SPCX.US) pre-market dropped 3.5% to $178.5. According to Bloomberg, after completing its public listing, SpaceX is quickly shifting towards the bond market to advance its artificial intelligence and orbital data center initiatives. The company is preparing for its first bond issuance, with a size of at least $20 billion. Oppenheimer & Co. predicted in a report on June 18 that SpaceX's net debt will rise from the current approximately $13 billion to over $400 billion by 2031, a scale that will surpass almost all publicly listed companies in the U.S. and will be more than three times the current debt level of Oracle Corporation. Analysts from Goldman Sachs and Evercore ISI expect that by 2031, SpaceX's capital expenditures will exceed $1 trillion, with most of it directed towards AI operations and the construction of space data centers.

  • Alibaba-W (9988.HK) Drops Nearly 4% to HKD 100.8 During Trading

    On June 22, Alibaba-W (9988.HK) experienced a drop of nearly 4% during trading, reaching HKD 100.8, marking a new low since April 2025.

  • China's Securities Transaction Stamp Duty Reaches 126.2 Billion Yuan from January to May, Up 88.8% Year-on-Year

    On June 22, the Ministry of Finance announced the fiscal revenue and expenditure situation for January to May 2026. From January to May, the national general public budget revenue was 1,004.65 billion yuan, an increase of 4% year-on-year. Among this, national tax revenue was 826.17 billion yuan, up 4.4% year-on-year; non-tax revenue was 178.48 billion yuan, up 2.2% year-on-year. The stamp duty totaled 242.6 billion yuan, an increase of 35.8%. Specifically, the stamp duty from securities transactions amounted to 126.2 billion yuan, reflecting a year-on-year increase of 88.8%.

  • Intel Rises Over 4% Pre-Market, UMC Up 6.8% as Both Companies Reportedly Collaborate on 3nm Chips

    On June 22, Intel (INTC.US) rose over 4% in pre-market trading, reaching $139.42, while UMC (UMC.US) increased by 6.8%, reaching $25.72. According to a report from FundaAI, Intel has partnered with the foundry UMC to jointly develop advanced manufacturing process technologies. This collaboration primarily focuses on chip technologies for 12nm and 3nm processes, with production expected to take place at Intel's facility in Arizona.

  • HIVE Rises 2.7% Pre-Market, Partners with Bell and Cohere for AI Infrastructure

    On June 22, Canadian Bitcoin miner HIVE Digital Technologies (HIVE.US), which closed up 7.3% last Thursday (18th), continued to rise 2.7% in pre-market trading today, reaching $4.375. In news, HIVE officially announced that its artificial intelligence subsidiary BUZZ HPC has signed a three-year GPU cloud service agreement with Bell AI Fabric, with a total contract value of approximately $220 million. The core objective of this collaboration is to provide foundational computing power support for AI startup Cohere, marking a significant step in HIVE's strategic expansion into high-performance computing and AI infrastructure.

  • Storage Stocks Rise: Western Digital and SanDisk Up Over 3%, Micron to Report Earnings This Week

    On June 22, continuing the upward trend from last Thursday, storage concept stocks in the U.S. market collectively rose again before the market opened. Among them, Western Digital and SanDisk increased by over 3%, Seagate Technology and Micron Technology rose by over 2%, and Silicon Motion gained 1%. Notably, Micron is set to announce its third-quarter earnings for fiscal year 2026 after the market closes on June 24, Eastern Time, and will hold a conference call at 4:30 PM Eastern Time.

  • Technical Talks Between Iran and the U.S. Begin Today in Switzerland

    On June 22, according to the Iranian Students' News Agency, technical talks between Iran and the United States regarding the implementation of a memorandum of understanding and the establishment of relevant technical working groups will commence on Monday local time in Switzerland. The Iranian delegation is led by Deputy Foreign Minister Kazem Gharibabadi and includes experts in politics, economics, and law. Representatives from mediating countries Pakistan and Qatar will also attend the talks, while the main Iranian negotiating team, led by Mohammad Baqer Qalibaf, the Speaker of the Iranian Islamic Parliament, has returned to Tehran.

  • Hong Kong Stocks Close: AI Stocks Rise Against the Trend

    At the close of the Hong Kong stock market, the Hang Seng Index fell by 0.65%, and the Tech Index dropped by 1.19%. However, AI stocks rose against the trend, with Changfei Optical Fiber Cable (06869.HK) increasing by over 31%, MINIMAX-W (00100.HK) rising by approximately 24%, and Zhipu (02513.HK) gaining around 15%.

  • Syria Rejects Trump's Proposal: Will Not Deploy Troops to Lebanon

    On June 22, according to CCTV, in response to U.S. President Trump's recent claims that Syria 'could help deal with the Hezbollah issue in Lebanon,' Syrian Transitional Government President Sharif publicly denied on June 21 that Syria is seeking military intervention in Lebanon, and called on the U.S. to 'stop the war.'

  • South Korean Financial Regulator Regrets Allowing Samsung and SK Hynix Leveraged ETFs

    On June 22, the head of South Korea's financial regulatory agency expressed regret over allowing the launch of leveraged ETFs from Samsung and SK Hynix, stating that the negative impact of these high-risk products has significantly increased.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company