Domestic News: 1. Russian President Vladimir Putin arrived in Beijing by special plane on the evening of May 19. 2. Yangtze Memory Technologies Co., Ltd. (YMTC) initiated IPO preparation. 3. Ministry of Foreign Affairs: China and the US agreed to

2026-05-20

Domestic News: 1. Russian President Vladimir Putin arrived in Beijing by special plane on the evening of May 19. 2. Yangtze Memory Technologies Co., Ltd. (YMTC) initiated IPO preparation. 3. Ministry of Foreign Affairs: China and the US agreed to conduct intergovernmental dialogue on artificial intelligence. 4. National Development and Reform Commission (NDRC) issued an action plan for "Rule of Law Safeguarding the Private Economy". 5. Ministry of Agriculture and Rural Affairs deployed the implementation plan for comprehensive regulation of pig production capacity. 6. National Energy Administration: In April, total electricity consumption reached 820.5 billion kilowatt-hours, a year-on-year increase of 6.0%. International News: 1. Trump: Walsh can do what he wants; other measures may be introduced to lower gasoline prices. 2. Thai cabinet decided to cancel the 60-day visa-free policy. 3. Samsung's negotiations with the union have stalled after 15 hours and will continue on Wednesday. 4. US SEC lowers thresholds, aiming to "boost IPOs again". 5. Federal funds rate futures show a 75% probability of the Federal Reserve raising interest rates by the end of the year. 6. The Trump administration plans to reduce NATO's crisis response force, demanding that Europe take over security leadership. 7. Japanese Finance Minister Satsuki Katayama: Prepared to take decisive action in the foreign exchange market. 8. Sources: Indonesia plans to tighten export controls on commodities such as coal and palm oil. 9. Chilean Copper Commission: Chilean copper production is projected to decline by 2% in 2026 and increase by 4% in 2027. 10. The yield on the 30-year US Treasury note approaches 5.2%, reaching its highest level since 2007; spot gold and silver prices plummet. 11. Middle East Situation— ① Trump: We may have to strike Iran again. Agreed to give Iran another 2 to 3 days, perhaps until Friday or Saturday, perhaps early next week; time is limited. ② Mediators believe that US-Iran negotiations have made little progress, with Iran insisting on its core demands unchanged. The US Vice President stated that negotiations have made "significant progress," but a Plan B has been prepared. ③ NATO official: If the Strait of Hormuz is not open by early July, NATO plans to deploy troops to escort ships.

Other News
2026-05-20

Individual Stock News 1. Bilibili-W (09626.HK): Adjusted net profit for the first quarter increased by 62% year-on-year. 2. Federal Pharmaceuticals (03933.HK): TUL108 for injection received implied approval for clinical trials in China. 3. Chifeng

2026-05-20

1. Global long-term bond volatility indicates rising fiscal risks in major economies. 2. Bank of America survey: If US Treasuries fluctuate significantly, the 30-year yield may rise above 6%. 3. Foreign capital outflows from Japanese ultra-long-ter