36Kr reports that Shanghai has adjusted its car trade-in subsidy program to use immediate lottery draws instead of the previous system. This change, effective from June 9th to September 30th, 2026, allows eligible consumers to apply for the lottery daily via the "Shanghai Commerce" WeChat account. Additionally, the report mentions GSK is in talks to acquire cancer drug maker Nuvalent for over $9 billion, aiming for a deal this week. AI
RANK_REASON Policy change impacting a major city's consumer incentives. [lever_c_demoted from significant: ic=1 ai=0.1]
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