4. Banking and insurance institutions shall not provide trading services for non hedging purposes for enterprises

Surgerii Robotics: Single-Port Surgical Robots Poised to Transform Surgery

The worldwide surgical robotic market is expected to grow at a booming CAGR of 5.8% during 2022 to 2030, rising from USD 5.05 billion in 2022 to USD 21.41 billion in 2030. Of which, the single-port surgical robots that result in less pain, fewer scars, and quicker recovery, have tremendous up potential.

2022 SMIC Net Income Up 13% YOY, Revenue Up 39% YOY

SMIC(Chinese:中芯国际): In terms of industry patterns, the international environment of the semiconductor industry is undergoing a new round of changes, with the global supply chain showing a trend of regionalization.

Sense Time Net Annual Revenue CNY 3.8 Bn, Building Multimodal Large Model for Future

As an early layout of large computing power and large model AI enterprise in China, Sense Time (Chinese:商汤科技) is preparing before the coming of the AIGC era and trying to seize the first opportunity.

China's BYD Net Income Jumps Nearly 446% in 2022 Amid Stronger NEV Sales Growth

Chinese automaker BYD released its annual report for 2022 on the evening of March 28th, reporting a revenue of CNY 424.06 billion, a staggering YoY growth of 96.20%. The company stated that the strong growth in NEV sales effectively alleviated the cost pressure brought by the rising prices of upstream raw materials, leading to a substantial increase in profitability.

China Unicom to Step Down from NYSE in October

The action took effect in May this year after the board of directors decided to terminate the ADR, later issuing a notice to the ADR agency BNY Mellon.