Artificial Intelligence▼
NDRC pushes BeiDou industry to exceed 1 trillion yuan within five years, Meituan adds 30 billion yuan to instant retail
The National Development and Reform Commission said at a press conference on September 22 that during the 15th Five-Year Plan period it will push the BeiDou industry to exceed 1 trillion yuan in scale within five years, achieving new breakthroughs in market-oriented, industrialized, and internationalized large-scale applications of BeiDou. On the same day, the annual development report released by the China Electricity Council showed that China's electrification rate has surpassed 29 percent, reaching about 29.5 percent in 2025, up 1.4 percentage points from the previous year, and will leap to first place among major global economies by 2030. Alibaba CEO Wu Yongming said at the Apsara Conference that current customer demand for AI is very strong, and the company will fully invest in AI infrastructure construction, with a goal of operating more than 20 gigawatts of global data center capacity under Alibaba Cloud by 2032. Meituan Vice President and head of its flash purchase business unit Xiao Kun said that over the next three years, Meituan Flash Purchase will invest 30 billion yuan in support resources for industry partners in infrastructure construction, product research and development, and merchandise marketing. At the company level, CICC's share swap merger received valid declarations of dissent for 7.3219 million shares, and its A shares resumed trading; Shanshan Corporation plans to invest 5.106 billion yuan to build an integrated base project with an annual output of 150,000 tons of lithium-ion battery anode materials; and Wisesoft was placed on file for investigation by the China Securities Regulatory Commission for suspected illegal information disclosure.
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Cloud & Digital Infrastructure › Mega-cap Hyperscalers ▲Capital
Artificial Intelligence › AI Data Center & Build-out ▲Demand
Cloud & Digital Infrastructure › Hyperscale Cloud (IaaS / PaaS) ▲Capital
Artificial Intelligence › AI Compute Cloud & Neoclouds ▲Demand
Energy Transition & Power Demand › Grid, Transmission & Power Equipment ▲Demand
Artificial Intelligence › Foundation Models & Research Labs ▲Capital
Energy Transition & Power Demand › Nuclear Generation & Utilities ▲Demand
002253.CS · Regulation · Negative Wisesoft was placed on file for investigation by the CSRC for suspected illegal information disclosure.
3690.HK · Capital · Positive Meituan Flash Purchase will invest 30 billion yuan over three years in infrastructure, R&D, and marketing support for industry partners.
600884.CG · Capital · Positive Shanshan plans to invest 5.106 billion yuan in a 150,000-ton lithium-ion battery anode materials integrated base project.
9988.HK · Capital · Positive Alibaba CEO said the company will fully invest in AI infrastructure, targeting over 20GW of global data center capacity by 2032.
601995.CG · Capital · Neutral CICC's share swap merger received valid dissent declarations for 7.3219 million shares and its A shares resumed trading.