US President Trump: Warsh will lead the Federal Reserve starting today, and I hope Warsh can do his job independently and excellently.

1. Announces 5,000 Additional Troops to Poland —Trump announced that the United States will send 5,000 additional troops to Poland. This unexpected announcement comes a week after the Pentagon abruptly canceled its plan to deploy 4,000 troops to Poland. Polish Prime Minister Tusk stated that the decision regarding the presence of US troops in Poland is good news for both Poland and the United States. 2. Reiterates Threat to Iran to Hand Over Enriched Uranium, Says It May Be Destroyed After Acquisition —Trump stated that Iran must hand over its highly enriched uranium, which the United States will likely destroy after receiving it. Answering a reporter's question, Trump said, "We'll get that highly enriched uranium. We don't need it, and we don't want it. We'll likely destroy it after we get it. We won't let them have it." He also said that negotiations between the US and Iran are ongoing, and the outcome remains to be seen. 3. Says He Won't Threaten Cuba by Sending an Aircraft Carrier—Trump: We will not threaten Cuba by sending an aircraft carrier. We will help Cuba; we want Cuba to open up. It looks like I will be the one to take action in Cuba. 4. US House Committee Passes Bill to Permanentize Daylight Saving Time —Trump announced that the House Energy and Commerce Committee passed a bill that day, including the Sunshine Protection Act, aimed at permanently implementing Daylight Saving Time. Trump stated that frequently adjusting clocks each year costs individuals, cities, and state governments "hundreds of millions of dollars," a very high cost. 5. Arc de Triomphe Design Approved —On May 21, the American Academy of Fine Arts approved the federal government's design for a proposed Arc de Triomphe-like structure in Washington, D.C. This is a key step in the project's progress; the committee was composed of members personally selected by Trump. 6. US Ambassador to Denmark: Trump Has Ruled Out Use of Force Against Greenland —On May 21, the US Ambassador to Denmark, speaking at the opening ceremony of the new US Consulate in Nuuk, the capital of Greenland, stated that Trump has ruled out the possibility of using force against Greenland. The future of Greenland must be decided by the people of Greenland themselves.

Hong Kong-listed auto stocks rallied amid volatility, with XPeng Group (09868.HK) rising over 4%, Li Auto (02015.HK) up over 3%, and Leapmotor (09863.HK), BYD (01211.HK), and others following suit.