PRE-MARKET CHINESE STOCK NEWS: US is investigating Chinese AI firm Moonshot over chip access, with the BIS probing if the Co. used US chips for model training

Baidu (9888 HK) - Co. received acknowledgement from the Hong Kong Stock Exchange for its dual-primary listing application, which is expected to become effective in 2026 subject to regulatory approval. (Newswires)GD Power Development (600795 CH) - Co. reported Q2 power generation of 113.0TWh, rose 6.7% Y/Y. (Newswires)JD.com (9618 HK) - Co. is reportedly set to be hit with EU subsidy charges over the CEconomy deal. (Newswires)Sands China (1928 HK) - Co. Q2 (USD) EBITDA fell 22.7% Y/Y to USD 430mln, rev. fell 0.8% Y/Y to USD 1.78bln. (Newswires)Tech - US is investigating Chinese AI firm Moonshot over chip access, with the BIS probing if the Co. used US chips for model training. (The Information)Other News                                     China reportedly instructed all market participants not to rediscount bills below an interest rate of 0.5%, according to sources. (Newswires)Chinese Finance Minister said the new fiscal-financial policy package has produced encouraging results, with the programme receiving CNY 100bln in central government funding to support consumer spending and investment. (People's Daily)China's Ministry of Commerce said France's recently enacted "anti-ultra-fast fashion" law imposed discriminatory restrictions on Chinese-funded cross-border e-commerce platforms, while it expressed serious concern and said China would monitor developments and take necessary retaliatory measures. (Newswires)US Secretary of State Rubio said he discussed trade issues with China, including the Board of Trade, while Foreign Minister Wang Yi asked Rubio for the US to respect China's core interests and address China's legitimate concerns. Furthermore, both sides considered the meeting to be constructive and positive. (Newswires)US lawmakers are examining new tariffs, port fees and sanctions targeting China's shipbuilding industry to counter China's dominance in the sector. (SCMP)US Senate approved a bill to curb Chinese vehicle imports. (Newswires)