The Indian Meteorological Department predicts that monsoon rainfall in 2026 will be below normal levels.

Market news: The foreign ministers of Iran and Oman discussed the US-Iran negotiations in a phone call.

Key News 1. Zhang Guoqing emphasized the need to comprehensively improve the operation and management capabilities of the Yaxia Hydropower Project during his research visit to China Yajiang Group. 2. The Taiwan Affairs Office of the State Council was authorized to release ten policy measures to promote cross-strait exchanges and cooperation. 3. Shanghai's daily transaction volume of second-hand homes broke the five-year peak record for the second consecutive year, with an increased proportion of high-end properties sold. Stock News 1. Dongfang Shenghong: Signed a cooperation intention agreement with Lianyungang Xuwei New Area, with a total estimated investment of approximately RMB 13.33 billion. 2. China Rare Earths: Expects a 217.32% to 280.78% year-on-year increase in net profit for the first quarter, reflecting the overall rise in the rare earth market during the reporting period. 3. ST Xindongli: The company's shareholders are suspected of violating information disclosure regulations and are under investigation by the China Securities Regulatory Commission. 4. Jiangte Motor: Plans to jointly establish the "Low-Altitude Economy Collaborative Innovation Research Institute" with an academician team. 5. Songyuan Safety: Net profit of RMB 366 million in 2025, a year-on-year increase of 40.70%. 6. Jingsheng Mechanical & Electrical: Net profit of RMB 885 million in 2025, a year-on-year decrease of 64.75%. 7. Rongbai Technology: Net loss of RMB 187 million in 2025. 8. Poly Developments: Contracted sales area of 1.1475 million square meters in March, a year-on-year decrease of 24.79%. 9. Lixin Microelectronics: Net profit of RMB 37.0819 million in 2025, a year-on-year decrease of 70.54%. 10. Tiankang Bio: Hog sales revenue of RMB 377 million in March, a month-on-month increase of 22.01% and a year-on-year increase of 0.27%. 11. Giant Interactive: Net profit is expected to increase by 187.47%~244.96% year-on-year in the first quarter of 2026.