China Technology: CBO – China Brief Overnight – June 24, 2026

Research evidence excerpt

China Technology: CBO – China Brief Overnight – June 24, 2026

Equity Research

China Technology

24 June 2026

CBO – China Brief Overnight – June

24, 2026

Tencent is testing an AI agent for its enterprise Wechat app China Technology

and QQ Mail; ByteDance seeks USD 20 billion in its largest POSITIVE

offshore loan to expand AI infrastructure; Zhipu is planning a China Technology

Jiong Shao, CFA

share sale to raise several billion USD in Hong Kong. +1 212 526 5562

jiong.shao@barclays.com

BCI, US

Lian Xiu (Roger) Duan Our daily product rounds up key stories from the Chinese language media overnight, focusing

+1 212 526 4633

on developments in the technology space. lianxiu.duan@barclays.com

See our latest research on Barclays Live.

Xinyao Song

June 24, 2026 +1 212 526 6972

Government/Industry News xinyao.song@barclays.com

•• At Davos, Premier Li Qiang said China provides the world with increasing dividends of

innovation through industrial upgrading and technological progress: According to

Xinhua, Premier Li Qiang delivered a speech at the Davos conference today. Premier Li Qiang

said that China provides the world with increasing dividends of innovation through

technological progress and industrial upgrading, and that its exports should be seen as China

Opportunity 2.0 rather than a problem. Premier Li argued that China’s competitiveness is due

to hard work, a large market and strong supply chains, and that the government doesn’t have

enough money for widespread subsidies.

•• Vice Premier urges stabilizing property market and stabilizing foreign trade in a trip to

Henan province: According to Xinhua News, China’s Vice Premier said on a trip to Henan

province that China needs to stabilize the size of foreign trade and consolidate the foundation

for economic recovery. Mr.