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Among popular Chinese concept stocks, ASE Semiconductor fell by 4.5%, Pony.ai and XPeng dropped by more than 4%.

According to a report released by the U.S. Energy Information Administration (EIA), as of May this year, solar power generation at the utility scale in California surpassed natural gas generation on 82% of days. Although solar power has occasionally provided more electricity to the state’s grid in the past, this marks the first time that the average solar power generation in the first five months of the year has exceeded that of fossil fuels, which are the largest source of electricity in the United States.

The document revealed significant management changes at Clover Health. Priest’s resignation is expected to take effect on the specified date, and the company may initiate the process to select a successor. As a key division focused on healthcare service operations under Clover Health, leadership changes at Clover Care Services could draw market attention. Investors typically examine such core management changes for their potential impact on company strategy continuity and business operations. At present, the document does not specify the exact reasons for Priest’s departure or his future career plans. Clover Health has also not immediately provided further information regarding the succession plan for this position.