China Business Daily

27 June 2026 · 07:15 CST · Daily intelligence brief

This edition draws on 29 reports across 13 Chinese outlets.

At a Glance

  • China’s 20 trillion yuan energy investment plan for the 15th Five‑Year Plan sets a new national benchmark, with non‑fossil generation targeting 50% of total electricity. People’s Daily, 2026-06-27.
  • Tonghua Jinma’s Alzheimer’s drug received NMPA approval after 17 years of clinical trials, yet the stock reversed from limit‑up to limit‑down on the following trading day. National Business Daily, 2026-06-26.
  • The global semiconductor market is forecast to grow nearly 90% to $1.511 trillion in 2026, driven by AI‑server and humanoid‑robot demand. stock.caijing.com.cn, 2026-06-26.

Top Stories

Policy

  • Solid Foundation for Building a Strong Energy Nation · covered by 4 outlets

    • Total investment in key energy projects and new business forms during the 15th Five‑Year Plan period is expected to exceed 20 trillion yuan, according to the National Development and Reform Commission and the National Energy Administration. People’s Daily, 2026-06-27.
    • Non‑fossil energy power generation will account for 50% of total electricity generation, according to Wang Hongzhi, head of the National Energy Administration. People’s Daily, 2026-06-27.
    • The national power grid fixed‑asset investment during the period will reach over 5 trillion yuan, according to Du Zhongming, director of the National Energy Administration’s Electricity Department. People’s Daily, 2026-06-27.
    • China will advance major projects such as the Yalong River hydropower project and build new energy bases in deserts, Gobi and barren lands, according to Wang Hongzhi. CCTV, 2026-06-26.

  • Let Chinese and Foreign Enterprises Grow Together · covered by 1 outlet

    • The fourth Chain Expo set new records; 115 companies and institutions signed letters of intent to participate in the fifth edition, an increase of 12.7% from the previous expo. People’s Daily, 2026-06-27.
    • Exhibitors established connections with 43,000 upstream and downstream enterprises, and the expo featured over 160 debut products, technologies, and services. People’s Daily, 2026-06-27.
    • Yum China launched a ‘full‑chain AI + robot operation system’ for the catering supply chain, and Novo Nordisk signed a cooperation memorandum with three Chinese companies. People’s Daily, 2026-06-27.

  • CITIC Bank Adjusts Gold and Silver Deferred Margin Ratios to 120% · covered by 4 outlets

    • CITIC Bank adjusts margin ratio for gold deferred contracts to 120% and for silver deferred contracts to 120%, citing precious metal risk management and business management needs. Securities Times, 2026-06-26.
    • The adjustment takes effect after clearing at 15:30 on June 30, 2026, according to CITIC Bank. Securities Times, 2026-06-26.

  • Loan Tightening, Deposit Squeeze: Private Banks’ Difficulties Await Solution · covered by 2 outlets

    • As of the first quarter of 2026, the net interest margin of private banks was 3.62%, down 0.21 percentage points from the fourth quarter of 2025, the largest decline among all bank types, according to the National Financial Regulatory Administration. m.21jingji.com, 2026-06-26.
    • Since May, financial regulators in multiple regions issued window guidance requiring that loan growth via loan‑brokerage channels must not exceed self‑operated loan growth, with guarantee‑type business capped at 25% of the total. m.21jingji.com, 2026-06-26.
    • Yilian Bank reduced its online lending partner platforms from 56 to 10 in September 2025, and its internet consumer loan balance at end‑2025 was 89.18 billion yuan, a decrease of 85.43 billion from the previous year. m.21jingji.com, 2026-06-26.
    • Chongqing Fumin Bank suspended accepting new deposits for personal 2‑year and longer‑term products via online channels from June 15, 2026. m.21jingji.com, 2026-06-26.

  • List of Key Industrial Products for Online Sales Released; 99 Products Under Key Supervision · covered by 2 outlets

    • The State Administration for Market Regulation released the 2026 edition of the list on June 25, containing 99 products total. Economic Observer, 2026-06-25.
    • Among them, 9 categories and 20 varieties are subject to industrial product production license management, and 13 categories and 57 varieties are subject to compulsory product certification management. Economic Observer, 2026-06-25.
    • The list will be implemented from December 1, 2026, and will be subject to dynamic management. Economic Observer, 2026-06-25.

Energy

  • By 2030, China to Preliminarily Build Clean, Low‑Carbon, Safe, Efficient New Energy System · covered by 2 outlets
    • By 2030, comprehensive energy production capacity will reach 5.8 billion tons of standard coal, and non‑fossil energy consumption will account for 25% of total, according to the National Development and Reform Commission and the National Energy Administration. Jiemian, 2026-06-26.
    • Wind and solar power installed capacity will exceed 50% of total installed capacity, and non‑fossil energy power generation will account for 50% of total electricity. Jiemian, 2026-06-26.
    • Coal and oil consumption will peak by 2030, according to the same plan. Jiemian, 2026-06-26.

Company

  • Alzheimer’s New Drug Approved, but Tonghua Jinma Stock Hits Limit Down · covered by 5 outlets

  • Daqin Digital Energy Technology Files for Hong Kong IPO · covered by 3 outlets

    • DaQin Digital Energy Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with Guotai Haitong as the sole sponsor. Securities Times, 2026-06-26.

  • Bank of China Jakarta Branch Approved as Indonesian RMB Clearing Bank · covered by 3 outlets

    • The People’s Bank of China authorized the Jakarta Branch of Bank of China (Hong Kong) Limited to serve as the renminbi clearing bank in Indonesia, based on a memorandum of cooperation with Bank Indonesia. Securities Times, 2026-06-26.
    • The authorization was announced on June 26, 2026. finance.eastmoney.com, 2026-06-26.

Tech

  • Downstream Demand Drives High Semiconductor Industry Boom · covered by 2 outlets
    • WSTS forecasts the global semiconductor market will grow nearly 90% to $1.511 trillion in 2026, and further to $1.914 trillion in 2027. stock.caijing.com.cn, 2026-06-26.
    • TrendForce predicts global foundry revenue will grow by mid‑20% in 2026, reaching a new high, and AI‑server global shipments are forecast to grow over 28% year‑on‑year. stock.caijing.com.cn, 2026-06-26.
    • China’s humanoid robot output in 2026 is expected to double to over 30,000 units, a 107% year‑on‑year increase. stock.caijing.com.cn, 2026-06-26.
    • The DRAM supply gap is expected to continue until 2027, with HBM accounting for over one‑third of total DRAM wafer capacity by 2028, according to TrendForce. Securities Times, 2026-06-26.

Markets

  • New Professions, New Consumption, New Scenes: Pet Economy Boom · covered by 1 outlet

    • In 2025, the number of pet dogs and cats in Chinese towns and cities was about 126 million, and the pet‑owner population is close to 80 million. CCTV, 2026-06-27.
    • China’s pet consumption market size exceeded 310 billion yuan. CCTV, 2026-06-27.

  • Hong Kong Stocks Fall: Hang Seng Tech Index Down Over 3%, HSI Down Over 2% · covered by 6 outlets

Also Reported

Further developments selected for today’s brief; tap a source to read the original.

Sources

29 source articles across 13 Chinese outlets. Each story below lists the outlets that corroborate it; click any source to read the original.

Solid Foundation for Building a Strong Energy Nation — 4 outlets

Downstream Demand Drives High Semiconductor Industry Boom — 3 outlets

Daqin Digital Energy Technology Files for Hong Kong IPO — 3 outlets

Let Chinese and Foreign Enterprises Grow Together — 1 outlet

List of Key Industrial Products for Online Sales Released; 99 Products Under Key Supervision — 2 outlets

New Professions, New Consumption, New Scenes: Pet Economy Boom — 1 outlet

Hong Kong Stocks Fall: Hang Seng Tech Index Down Over 3%, HSI Down Over 2% — 6 outlets

Bank of China Jakarta Branch Approved as Indonesian RMB Clearing Bank — 3 outlets

World’s First Autonomous Driving System Technical Regulation Approved; Concept Stocks Surge — 3 outlets

Evening Announcements: June 26 Worth Watching — 2 outlets

SAMR Announces Car Recalls Involving Toyota, Volvo and Others — 1 outlet

Methodology: stories are clustered across Chinese outlets and ranked by breadth of corroboration and recency. Reporting is descriptive only and is not investment advice. Compiled 27 June 2026 07:15 CST.

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