The Trump administration proposed a flat rate for Medicare Advantage.

Key News 1. Guangdong's total economic output has ranked first in the country for 37 consecutive years. 2. State Taxation Administration: In 2025, the number of overseas tourists applying for tax refunds upon departure increased by 305% year-on-year, and the sales volume of tax-refunded goods increased by 95.9% year-on-year. 3. Agricultural Bank of China: Risk tolerance assessment requirements have been added to the Gold Accumulation Business. 4. Nanjing: Vigorously cultivate future energy sources such as next-generation photovoltaic cells and promote the construction of virtual power plant capabilities throughout the city. Individual Stock News 1. Data on main capital flow shows that Wangsu Science & Technology saw the largest net inflow of main capital at 1.7 billion yuan, followed by Tianfu Communication, Xin Yisheng, CITIC Securities, and Hengtong Optic-Electric; Aerospace Electronics saw the largest net outflow of main capital at 3.816 billion yuan, followed by China Satellite, Sunway Communication, Sanhua Intelligent Control, and Goldwind Technology. 2. Hunan Gold's stock price immediately hit the daily limit after resuming trading. The company plans to integrate a 600 billion yuan gold mine. The company responded that it expects to add approximately 4 tons of gold reserves after reaching full production capacity. 3. Zhejiang University Network Technology: Subsidiary wins bid for Guangxi Financing Guarantee Group's data center project. 4. Capital Online: Will continue to seize the opportunities presented by the border closure and deepen its cross-border computing power service capabilities. 5. The State Administration for Market Regulation unconditionally approved Midea Group Co., Ltd.'s acquisition of Timeihao Co., Ltd.'s equity. 6. Feikai Materials: Currently collaborating on the development and debugging of related materials to jointly improve HBF process technology. 7. AsiaInfo Technologies: Jointly building a "Body-Based Intelligence Laboratory" with ABB Robotics.

NATO Secretary General Rutte: Anyone who thinks Europe can defend itself without U.S. support "should keep dreaming."