☕️ Good morning, friends,

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BENCHMARKS

NUMBER OF THE DAY

2.1 billion USD

The amount of U.S. port fees Chinese shipping companies are expected to face in 2026.

💰 Costly Fees: Cosco Shipping Holdings could pay up to US$1.5 billion and Orient Overseas about US$654 million in port charges, significantly impacting their revenues and profit margins for fiscal year 2026.

🚢 Strategic Adjustments: To avoid the fees, carriers may deploy non-Chinese vessels on certain routes and explore alternative paths. Maersk and Hapag-Lloyd are already using South Korean ships on the transpacific route.

Watch: The impact of U.S. port fees could lead to a temporary reduction in services and a tightening of capacity. Non-Chinese lines would only be affected if they use Chinese vessels for U.S. port calls.

TOP BIT

💸 Alibaba Bets 140 Million USD on Humanoid Robots

Alibaba Cloud is leading a Series A+ round in X Square Robot, valued at 1 billion CNY (approximately 140 million USD), for the Shenzhen-based startup founded in 2023.

The company is developing humanoid service robots and AI systems designed to perform tasks in the real world.

The Details

💰 Money Meets Movement: An investor group led by …