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  • 2026
  • June
  • 14

Day: June 14, 2026

  • Heavy Hitters
  • News

Alibaba denies chief scientist resignation rumor, defends AI restructuring

Yangtzeer observers2026-06-142026-06-1403 mins

Despite Alibaba’s denial of the resignation rumor, Zhou’s position adjustment has drawn mixed interpretations.

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  • Deals
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Carbonology secures Series A funds to scale carbon capture, green fuels

Yangtzeer observers2026-06-142026-06-1404 mins

Carbonology’s focus on e-SAF places it in one of the most closely watched segments of the carbon utilization market.

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  • Policy

Jiangsu trade grows 5.3% as Suzhou leads export gains in Jan-May

Yangtzeer observers2026-06-142026-06-1403 mins

Within the province, Suzhou continued to anchor external trade activity, recording 1.48 trillion yuan in imports and exports, up 37.5% year-on-year.

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Zhejiang trade grows 6.2% in Jan-May as exports to ASEAN overtake EU

Yangtzeer observers2026-06-142026-06-1404 mins

In May alone, exports to ASEAN reached 68.49 billion yuan, surpassing the European Union to become the province’s largest overseas market.

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Zhejiang launches state asset fund to unlock capital for emerging sectors

Yangtzeer observers2026-06-142026-06-1406 mins

Officials described the initiative as a closed-loop model linking dormant assets, recovered funds and new productive investment.

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  • Heavy Hitters
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Geely to streamline group structure, consolidate entities, chairman says

Yangtzeer observers2026-06-142026-06-1406 mins

Li also cautioned against the industry’s growing tendency to compress vehicle development cycles.

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