Bank of Korea Governor Shin Hyun-song: Strong growth momentum is expected to continue in the coming months.

According to the Wall Street Journal, Snowflake (SNOW.N) has pledged to invest $6 billion over the next five years in Amazon Web Services (AWS) for Graviton computing and artificial intelligence spending.

Domestic News 1. Supreme People's Court: Expedite the formulation of judicial interpretations on civil compensation for insider trading and market manipulation to ensure the sound operation of the capital market. 2. State Administration for Market Regulation imposes a 900,000 yuan fine on Luxshare Precision for failing to declare its merger in advance. 3. National Bureau of Statistics: From January to April, the total profits of industrial enterprises above designated size nationwide reached 2,435.84 billion yuan, a year-on-year increase of 18.2%. 4. State Administration for Market Regulation deploys a special campaign from May to December to address "involutionary" competition through credit-based initiatives. 5. Hong Kong Monetary Authority: Requires registered institutions to take three additional measures when opening and managing investment accounts for mainland investors, including retrospective verification of account openings up to January 2023. 6. Li Qiang, during his research trip to Zhoushan and Ningbo, Zhejiang, emphasized the need to accelerate the construction of a hub for the allocation of bulk commodity resources to provide reliable guarantees for coordinated development and security. 7. Hong Kong Stock Exchange: Introduces a market-wide exemption of trading fees for gold futures. 8. National Bureau of Statistics: From January to April, the semiconductor-related industries developed rapidly, driving profit growth of 601.7%, 347.6%, and 51.0% respectively in the electronic special materials manufacturing, optical fiber manufacturing, and optoelectronic device manufacturing industries. 9. Changxin Technology's IPO on the Science and Technology Innovation Board was approved by the Listing Committee. International News 1. SK Hynix's market capitalization surpasses $1 trillion. 2. Samsung's union approves wage agreement to avoid strike risk. 3. Reports indicate TSMC's 3nm price will increase by 15% in the second half of the year, and may increase by another 10% next year. 4. Federal Reserve's Kashkari: It is too early to predict the timing of the Fed's next action. 5. The Reserve Bank of New Zealand kept interest rates unchanged for the third consecutive time, indicating that a larger and earlier rate hike may be needed. 6. The Israeli military confirmed in a statement that it killed Hamas's new commander, Mohammed Od. 7. EU sources indicate that EU member state governments have approved legislation to reduce tariffs on US goods. 8. The US Richmond Fed Manufacturing Index for May came in at 13, the highest since November 2021. 9. Iran War – ① Iranian officials: According to the draft preliminary agreement between the US and Iran, the US will implement a 60-day ceasefire on all fronts. ② Iranian Revolutionary Guard officials: The possibility of a resumption of the Iran-US war is "low". ③ Preliminary informal documents of the Iran-US Memorandum of Understanding revealed: The US will lift the blockade and withdraw some military forces from the area surrounding Iran; Iran will restore traffic flow in the Strait of Hormuz within a month, but this does not include military vessels. ④ The White House official account "Rapid Response 47": The contents of the memorandum of understanding released by Iranian media are completely fabricated.