Domestic News 1. Xi Jinping speaks with Saudi Crown Prince and Prime Minister Mohammed bin Salman by phone. 2. CATL: Shareholder inquiry and transfer pricing set at 410.34 yuan/share. 3. Ministry of Commerce responds to EU Cybersecurity Law draft

2026-04-20

Domestic News 1. Xi Jinping speaks with Saudi Crown Prince and Prime Minister Mohammed bin Salman by phone. 2. CATL: Shareholder inquiry and transfer pricing set at 410.34 yuan/share. 3. Ministry of Commerce responds to EU Cybersecurity Law draft amendment: Resolutely opposes the politicization of trade and economic issues. 4. Hong Kong Securities and Futures Commission announces new regulatory framework, allowing tokenized SFC-approved investment products to be traded on the secondary market. 5. National Development and Reform Commission hosts symposium for private enterprises, soliciting opinions and suggestions on accurately grasping the current economic situation and actively responding to changes in the external environment. 6. Li Qiang chairs the 19th State Council thematic study session, focusing on maintaining initiative in energy security, accelerating the construction of a new energy system, and promoting green and low-carbon transformation of energy production and consumption patterns. International News 1. Sources: Bank of Japan may not raise interest rates at its April meeting. 2. 7.7 magnitude earthquake in Japan triggers tsunami; no abnormalities detected at nuclear power plants in multiple locations. 3. Kuwait declares oil transportation affected by force majeure due to disruptions in the Strait of Hormuz. 4. Iran Situation—① Trump: "Highly unlikely" to extend the ceasefire agreement with Iran; Vance will travel to Pakistan later Monday; the Strait of Hormuz will not be open until an agreement is signed. ② US media: Vance is expected to travel to Pakistan on Tuesday; US and Iran plan to meet on Wednesday. Iranian media: Iran's decision not to participate in the negotiations has not changed. ③ Trump: If the ceasefire agreement expires, the bomb will explode. ④ Trump said he is considering Pakistan's suggestion regarding the blockade of Iran. ⑤ Senior Iranian official: Iran is actively reviewing its participation in the negotiations and has not yet made a final decision. Pakistan is currently actively mediating and trying to persuade the US to lift the naval blockade against Iran to ensure Iran's participation in the negotiations. ⑥ Iranian Foreign Ministry spokesperson: There are currently no plans for a second round of negotiations with the US; the transfer of enriched uranium has never been mentioned; it is currently impossible to unilaterally restore traffic in the Strait of Hormuz. ⑧ Pakistan still expects the Iranian delegation to arrive in Islamabad on Tuesday. US media: Pakistani officials said Iran is willing to participate in the second round of negotiations.