Micro-LED Funding: Chenxian Optoelectronics said it has completed a B-round financing of several hundred million yuan to expand TFT-based Micro-LED mass production, aiming to deepen its display capacity. Auto Exports: Chery reported 191,062 vehicles exported in June (+79.7% YoY), extending China automakers’ record export momentum; Geely also topped 100,000 monthly exports for the first time. EV Market Pressure: Leapmotor hit a June sales record above 90,000 units, while Zeekr also posted strong deliveries, adding pressure to Tesla amid China’s price-competitive EV landscape. Capital Markets: China stocks opened mixed on July 2 as chipmakers slid from record highs, while China Resources New Energy surged on its IPO debut after raising 24.5 billion yuan. Real Estate: Shanghai collected 43.6 billion yuan from first-half land auctions, with premiums improving in later rounds. Trade in Services: China’s services trade grew 6% in Jan-May to 3.1 trillion yuan, with knowledge-intensive services and travel leading. Green Logistics: China launched its first sea-river zero-carbon electric container route, linking inland electric shipping with a battery-powered vessel. Policy & Diplomacy: Wang Yi told the US that improving ties “requires action,” while also warning on Taiwan. Regional Business Links: Home Original Chicken is entering Southeast Asia via a Singapore JV with Jumbo Group, taking a controlling 51% stake. Tech & Industry Watch: An EU report warned Europe’s chip sector faces a “bleak future” amid Chinese export controls and US tech dependence.