1. Warsh confirmed his appointment as a Federal Reserve Governor; the vote to confirm the Chairman is expected to take place on Wednesday. 2. S&P downgraded Mexico's rating outlook to negative. 3. Securities firms' bond issuance this year exceeded

2026-05-13

1. Warsh confirmed his appointment as a Federal Reserve Governor; the vote to confirm the Chairman is expected to take place on Wednesday. 2. S&P downgraded Mexico's rating outlook to negative. 3. Securities firms' bond issuance this year exceeded 750 billion yuan, a year-on-year increase of over 80%. 4. 80 convertible bonds were delisted this year, shrinking the convertible bond market to 500 billion yuan. 5. Bank wealth management products saw a rebound beyond seasonal norms, with products containing options showing steady growth. 6. Banks actively expanded their channels, leading to a significant increase in FOF issuance. 7. Four years after its launch, the Shanghai Stock Exchange's STAR Market bonds have accumulated issuances of 1.99 trillion yuan, accounting for approximately 55% of the total issuance. 8. The tech stock rally triggered early redemption clauses for convertible bonds, resulting in a corresponding decrease in the convertible bond issuance this year. 9. The total listing scale this year has reached nearly 120 billion yuan, with non-performing asset transfers becoming more common, and institutions accelerating risk mitigation. 10. British Prime Minister Starmer was asked to step down, and the pound fell sharply as British borrowing costs approached their highest level since 2008.