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Behind Changxin Technology’s Approval: State-owned Major Banks’ AIC and Insurance Funds “Team Up” to Bet on Domestic Storage

Behind Changxin Technology’s Approval: State-owned Major Banks’ AIC and Insurance Funds “Team Up” to Bet on Domestic Storage

With the successful approval of Changxin Technology, the leading domestic storage chip company, a group of financial institutions representing "patient capital" have also emerged. On May 27th, Changxin Technology Group Co., Ltd. ("Changxin Technology"), the leading domestic DRAM storage chip company, officially passed the review of

Deposit interest rates are falling and public fund competition is intensifying, leading bank wealth management subsidiaries to launch a "fee reduction defense battle."

Deposit interest rates are falling and public fund competition is intensifying, leading bank wealth management subsidiaries to launch a "fee reduction defense battle."

Under the dual pressure of low interest rates and competition in asset management, bank wealth management subsidiaries are intensively launching a new round of fee reductions. On May 26, China Post Wealth Management announced that its "Yingrui·Hongjin Minimum Holding Period 365 Days No. 2 (Quantitative Selection)" wealth

"How much further can the rural commercial banks with the highest interest margins go?"

"How much further can the rural commercial banks with the highest interest margins go?"

``` While the entire banking industry is losing high-yield assets, a small number of banks are still consistently producing high net interest margins. By the end of the first quarter of 2026, the net interest margin of commercial banks had dropped to a low range of 1.4%; Changshu Bank still

Seagate CEO: The more expensive NAND is, the more competitive advantage HDDs have; there is still significant room for gross margin expansion.

Seagate CEO: The more expensive NAND is, the more competitive advantage HDDs have; there is still significant room for gross margin expansion.

``` The surge in NAND flash prices is bringing structural benefits to the hard disk drive (HDD) market. Dave Mosley, CEO of Seagate Technology, stated at a Bank of America Securities investor conference call that rising NAND prices are prompting customers to reassess their storage architecture. HDDs are continually strengthening their

BP leadership shake-up escalates: Former chairman slams “unexplained dismissal,” stock price hit again

BP leadership shake-up escalates: Former chairman slams “unexplained dismissal,” stock price hit again

BP's corporate governance crisis has intensified once again. After Chairman Albert Manifold was suddenly dismissed, he publicly fought back, accusing the board of "no warning, no explanation" for his removal, vowing not to sit by and let "false narratives" spread. This rare public confrontation

Stock price halved, valuation at new lows—tonight, Salesforce’s earnings report ushers in the "judgment hour for software stocks."

Stock price halved, valuation at new lows—tonight, Salesforce’s earnings report ushers in the "judgment hour for software stocks."

``` Salesforce will release its earnings report after the U.S. stock market closes on Wednesday. The market regards it as a key touchstone to test whether the "SaaS doomsday theory" has ended. While software stocks have rebounded strongly by over 25% from April lows, Salesforce has lagged significantly

After the salary controversy, TSMC's CEO steps in to "reassure" staff: promises average employee bonuses will increase by over 30%.

After the salary controversy, TSMC's CEO steps in to "reassure" staff: promises average employee bonuses will increase by over 30%.

TSMC CEO C.C. Wei promised employees that the average increase in profit-sharing bonuses this year will exceed 30%, higher than last year’s growth rate. This statement came after employees publicly expressed dissatisfaction over rumors of bonus cuts, reflecting heightened tensions over profit distribution between tech giants and workers