BLACKSTONE'S GRAY: AI INVESTMENTS ARE OUR BIGGEST DRIVER NOW

Domestic News 1. Guangzhou Futures Exchange: Adjusts transaction fee standards for platinum and palladium futures contracts. 2. State Council Food Safety Office deploys food safety work during the May Day and Dragon Boat Festival holidays. 3. State Administration for Market Regulation: Strictly cracks down on illegal internet advertising activities that have drawn strong public criticism. 4. General Office of the CPC Central Committee and General Office of the State Council issue the "Comprehensive Evaluation and Assessment Measures for Carbon Peaking and Carbon Neutrality." 5. National Energy Administration: As of the end of March, the national cumulative installed power generation capacity reached 3.96 billion kilowatts, a year-on-year increase of 15.5%. 6. Hong Kong Securities and Futures Commission and PricewaterhouseCoopers reach an agreement for Hong Kong's Securities and Futures Commission to compensate shareholders of China Evergrande Group HK$1 billion for falsified financial statements in 2019 and 2020. The Hong Kong Financial Services Bureau fined PricewaterhouseCoopers HK$300 million and imposed a six-month professional restriction on the audit of Evergrande. International News 1. Lebanon-Israel talks may be held at 4:00 AM Beijing time on the 24th. 2. Market News: Warner Bros. Discovery Inc. (WBD.O) investors approve the $110 billion sale to Paramount. 3. Iran Situation—① The US State Department demands that US citizens in Iran leave immediately. ② Iranian sources: Preparations for US-Iran negotiations may achieve a breakthrough "tonight or tomorrow." ③ Iran: Has received its first toll payment for passage through the Strait of Hormuz. ④ The US claims to have intercepted an oil tanker carrying oil from Iran. ⑤ Iranian sources: Preparations for US-Iran negotiations may achieve a breakthrough "tonight or tomorrow." ⑥ Trump: Has ordered the sinking of any ships laying mines in the Strait of Hormuz. ⑦ Iran says it has drawn up a list of targets for retaliation against the US and its allies.

Government data shows that Saudi Arabia's imports grew by 6.6% in February 2026.