
Albanese's Shanghai Visit
Today's must-reads:
• Albanese's Shanghai visit
• WA set for smaller wheat crop
• Rock art gets heritage protection
It's in Australia's interests to engage with China to build a stable and secure region, Prime Minister Anthony Albanese said on Sunday in Shanghai. 'We know that one in four Australian jobs depends on free and fair trade. And our biggest export partner is China,' Albanese said. The prime minister is visiting China for the first time since being re-elected.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
21 minutes ago
- Yahoo
Global Growth Companies With High Insider Ownership Expecting Up To 120% Earnings Growth
In a global market environment where tariff announcements and mixed economic signals are creating uncertainty, growth stocks have shown resilience, particularly as the Nasdaq Composite Index has managed to hold up better than its peers. Amidst these conditions, companies with high insider ownership often attract attention due to the confidence they exhibit in their own potential for earnings growth. Name Insider Ownership Earnings Growth Zhejiang Leapmotor Technology (SEHK:9863) 15.6% 60.6% Shanghai Huace Navigation Technology (SZSE:300627) 24.3% 23.5% Samyang Foods (KOSE:A003230) 11.7% 25.7% Pharma Mar (BME:PHM) 11.8% 44.9% Novoray (SHSE:688300) 23.6% 27.1% Marinomed Biotech (WBAG:MARI) 29.7% 20.2% Laopu Gold (SEHK:6181) 35.5% 42.2% KebNi (OM:KEBNI B) 38.3% 94.5% Fulin Precision (SZSE:300432) 13.6% 43.7% Elliptic Laboratories (OB:ELABS) 24.4% 79% Click here to see the full list of 830 stocks from our Fast Growing Global Companies With High Insider Ownership screener. Let's review some notable picks from our screened stocks. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Zhejiang XCC Group Co., Ltd specializes in the research, development, manufacture, and sale of bearings across various international markets including the United States, Japan, Korea, and Brazil, with a market cap of CN¥12.08 billion. Operations: Zhejiang XCC Group Co., Ltd generates revenue primarily through the research, development, manufacturing, and sale of bearings in international markets such as the United States, Japan, Korea, and Brazil. Insider Ownership: 31.9% Earnings Growth Forecast: 42.8% p.a. Zhejiang XCC Group Ltd. demonstrates significant insider ownership, aligning with its robust growth potential. The company's earnings are forecast to grow substantially at 42.8% annually, outpacing the Chinese market average of 23.4%. Despite recent margin contraction from 4.4% to 2.7%, revenue is expected to increase by 13.3% per year, surpassing the market's growth rate of 12.4%. The recent CNY1 billion private placement supports further expansion initiatives and underscores management's commitment to growth strategies. Take a closer look at Zhejiang XCC GroupLtd's potential here in our earnings growth report. Our valuation report here indicates Zhejiang XCC GroupLtd may be overvalued. Simply Wall St Growth Rating: ★★★★★☆ Overview: Jiangxi Chenguang New Materials Company Limited is a special chemical company that develops, produces, and sells functional silane raw materials, intermediates, and downstream products both in China and internationally, with a market cap of CN¥4.74 billion. Operations: The company generates revenue primarily from its functional silane segment, amounting to CN¥1.12 billion. Insider Ownership: 35.1% Earnings Growth Forecast: 64.6% p.a. Jiangxi Chenguang New Materials shows strong growth potential with earnings forecast to grow significantly at 64.6% annually, outpacing the Chinese market average. Despite a recent net loss of CNY 4.73 million and reduced profit margins, revenue is expected to increase by 23% per year, exceeding market growth rates. However, return on equity is forecasted to remain low at 3.2%, and dividends are not well covered by earnings or free cash flows. Unlock comprehensive insights into our analysis of Jiangxi Chenguang New Materials stock in this growth report. The valuation report we've compiled suggests that Jiangxi Chenguang New Materials' current price could be inflated. Simply Wall St Growth Rating: ★★★★★☆ Overview: Jiangsu Huahong Technology Co., Ltd. operates in the research, development, manufacturing, marketing, and servicing of renewable resource processing equipment both in China and internationally, with a market cap of CN¥6.01 billion. Operations: Jiangsu Huahong Technology's revenue primarily stems from its operations in the research, development, manufacturing, marketing, and servicing of renewable resource processing equipment within China and on an international scale. Insider Ownership: 18.1% Earnings Growth Forecast: 120% p.a. Jiangsu Huahong Technology is positioned for substantial growth, with revenue expected to rise by 22.5% annually, surpassing the Chinese market's average. The company recently reported a return to profitability in Q1 2025 with CNY 31.13 million net income, compared to a loss last year. Despite previous annual losses and declining sales, forecasts indicate it will become profitable within three years, highlighting its potential as a growth-oriented investment opportunity amidst high insider ownership dynamics. Click here and access our complete growth analysis report to understand the dynamics of Jiangsu Huahong Technology. The analysis detailed in our Jiangsu Huahong Technology valuation report hints at an deflated share price compared to its estimated value. Delve into our full catalog of 830 Fast Growing Global Companies With High Insider Ownership here. Interested In Other Possibilities? Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include SHSE:603667 SHSE:605399 and SZSE:002645. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data


New York Times
21 minutes ago
- New York Times
Chinese University Expels Woman for ‘Improper Contact' With a Foreigner
A Chinese university said that it would expel a student because she had had 'improper contact with a foreigner' and 'damaged national dignity,' after videos circulated online that suggested she had been intimate with a Ukrainian video gamer. The announcement set off heated debate in China. Some commentators applauded the decision and said that Chinese people — particularly women — were too enamored of foreigners. But others said the expulsion smacked of sexism and paternalism, and compared it to examples of people accused of rape or sexual harassment on campus who had been punished more lightly. Many also criticized the university, Dalian Polytechnic University, in northeastern China, for publicly shaming the student by posting its expulsion notice on its website last week and identifying the student by her full name. 'If there is anyone who truly undermined national dignity in this case, it was not the woman whose privacy rights were violated,' Zhao Hong, a professor of law at Peking University in Beijing, wrote in an opinion column, 'but the online spectators who frantically humiliated an ordinary woman under the banner of so-called justice, and the educational institution that used stale moral commandments.' The university said the student's conduct, in an incident it said took place on Dec. 16, had 'caused a negative impact.' It gave no details, but said the student was being punished in accordance with a university regulation about 'civic morality.' That regulation reads: 'Those who have improper contact with foreigners and damage the national dignity and the reputation of the school shall be given a demerit or above, depending on the circumstances.' Want all of The Times? Subscribe.
Yahoo
41 minutes ago
- Yahoo
Chinese vehicle sales rise 14% in June
Sales of Chinese-made vehicles, including exports, rose by 14% to 2.904 million units in June 2025, up from 2.551 million units a year earlier, according to passenger car and commercial vehicle wholesale data compiled by the China Association of Automobile Manufacturers (CAAM). Domestic sales rose by just over 10% to 2.312 million units last month, while exports increased by 22% to 592,000 units. The Chinese government has stepped up its stimulus measures this year to boost domestic vehicles sales, including increasing vehicle trade-in and scrappage incentives which favour mainly new energy vehicle (NEV) sales. The country's vehicle market has also responded to strong price competition among domestic manufacturers and numerous new model launches. In the first six months of 2025, total sales of China-made vehicles increased by over 11% to 15,653 million units, up from 14.054 million a year earlier, including a 12% rise in domestic sales to 12.570 million units while exports rose by over 10% to 3.083 million units. Overall sales of passenger vehicles increased by 14% to 13.531 million units, while commercial vehicle sales rose by 2.6% to 2.122 million units. First-half sales of new energy vehicles (NEVs) rose by 40% to 6.937 million units, accounting for over 44% of total vehicle sales in the country. Battery electric vehicle (BEV) sales surged by 48% to 4.443 million units while plug-in hybrid vehicle (PHEV) sales rose by 25% to 2.491 million units. Domestic NEV sales rose by 34% to 5.878 million units year-to-date, while exports jumped by 75% to 1.059 million units. Overall vehicle production in the country rose by almost 13% to 15.621 million units in the first half of 2025, compared with 13.880 million in the same period last year. Manufacturer performances BYD's global sales rose by 33% to 2,145,954 units in the first six months of 2025, including a 128% surge in overseas sales to 464,266 units. Overall sales of passenger PHEVs surged by 24% to 1,089,890 units, while passenger BEV sales rose by 41% to 1,023,381 units and commercial vehicle sales jumped more than fivefold to 32,683 units. SAIC Motor reported a 12% increase in global sales to 2,052,680 units year-to-date, driven by a 32% surge in SAIC-GM-Wuling's deliveries to 753,276 units. SAIC-VW's sales dropped by 4% to 492,145 units, while SAIC-GM's sales increased by 9% to 245,067 units from depressed year-earlier levels. Overseas sales increased by just over 1% to 494,052 units, while global NEV sales surged by 40% to 646,322 units. Geely Automobile Holdings reported a 47% rise in global sales to 1,409,180 units in the first half of 2025, while Chery Automobile's sales rose by 14% to 1,260,124 units, including 550,270 exports. GAC Group, including its joint ventures with Toyota and Honda, reported a 12% sales decline to 755,300 units, while Great Wall Motor's sales increased by 8% to 559,669 units – driven by a 63% jump in overseas sales to 201,500 units. Tesla's Shanghai factory sales fell by 15% to 364,474 units year-to-date, with retail sales in China falling by 5% to 263,410 units despite the recent launch of the revised Model Y, while exports plunged by 32% to 101,064 units. "Chinese vehicle sales rise 14% in June" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data