China Producer Price Index rose 0.5% year-on-year, reversing a 0.9% decline in the prior month and marking its first increase after 41 consecutive months of contraction. On a monthly basis, PPI increased 1.0%, extending gains for a sixth straight mon

The A-share cultural and media sector saw a surge, with Publishing Media hitting the daily limit, CITIC Publishing rising over 8%, and Zhongyuan Media, Century Tianhong, and Sichuan Network Media following suit.

Domestic News 1. The China Securities Regulatory Commission (CSRC) adds a fourth set of listing standards for the ChiNext board. 2. Li Qiang chairs a symposium with economic experts and entrepreneurs. 3. The Hong Kong Monetary Authority (HKMA) issues the first batch of stablecoin issuer licenses to Point Capital Financial and HSBC. 4. The Beijing Stock Exchange (BSE) sets a daily purchase limit for risk-alert stocks to guide investors towards rational investment. 5. The Shanghai Stock Exchange (SSE) adjusts the daily price fluctuation limit for risk-alert stocks on the main board from 5% to 10%. 6. Five departments, including the Cyberspace Administration of China (CAC), jointly release the "Interim Measures for the Management of Humanized Interactive Services Based on Artificial Intelligence." 7. The CAC and the National Railway Administration jointly summoned seven third-party platforms involved in train ticket sales, prohibiting them from using automated programs to conduct large-scale, high-frequency ticket-grabbing operations. International News 1. US energy prices rose 10.9% month-on-month in March's CPI, the largest increase since 2005; gasoline prices saw their highest increase since 1967. 2. A key member of the Ukrainian negotiating delegation, Budanov: Ukraine is close to reaching an agreement with Putin, and resolving the war may not take long. 3. Kremlin: Special envoy Dmitriev's visit to the US is not a restart of peace talks in Ukraine. Russia wants peace, not a ceasefire. 4. Federal Reserve's Daly: If the Iranian conflict is resolved quickly and oil prices fall, a rate cut is not impossible. A rate hike is less likely than a rate cut or maintaining the current rate. 5. Situation in Iran: ① Lebanese official: Lebanon plans to attend a meeting in Washington next week to discuss and announce a ceasefire. ② Pakistani media reports that the Iranian negotiating delegation has arrived, but it is not confirmed whether the Iranian parliament speaker and foreign minister have arrived in Pakistan. ③ Iran has not yet officially confirmed the negotiating team or its members, and the prospects for a lasting peace agreement remain unclear. ④ US Vice President Vance has departed for Pakistan, expecting positive progress in talks with Iran. ⑤ White House National Economic Council Director Hassett: The Strait of Hormuz could open within two months. ⑥ A senior Iranian source stated that due to Iran's insistence and pressure, the Israeli military was forced to halt its attacks on Beirut. ⑦ Iranian Parliament Speaker Ghalibaf: The two agreed-upon measures—a ceasefire in Lebanon and the unfreezing of Iranian assets—must be implemented before negotiations begin. ⑧ Iranian Foreign Minister Araqchi stated that the United States must fulfill its commitments to include Lebanon in the ceasefire agreement and cease Israeli attacks on Lebanon.