Domestic News:
1. MiniMax initiates A-share IPO preparation.
2. Shenzhou-21 manned spaceflight mission a complete success.
3. Ding Xiangqun appointed Party Secretary of the State Financial Supervision and Administration Bureau.
4. State Administration for Market Regulation launches special campaign to crack down on substandard and low-priced goods.
5. Yu Yuan Tan Tian: If the EU insists on pushing forward with its "overcapacity tool," China will retaliate.
6. Hong Kong plans to approve the calculation and payment of stamp duty for RMB over-the-counter securities transactions using a dual-counter system.
7. According to media reports, some banks in Hong Kong are tightening restrictions on investment account openings, with no immediate impact on savings accounts.
8. The Cyberspace Administration of China and four other departments jointly released the "Regulations on the Management of Multi-Channel Distribution Services of Internet Information Content."
9. The Cyberspace Administration of China and four other departments issued the "Key Points for Improving the Digital Literacy and Skills of All Citizens in 2026." 10. Ministry of Finance: From January to April, the total operating revenue of state-owned enterprises (SOEs) was 26,270.09 billion yuan, a year-on-year decrease of 0.5%, while the total profit of SOEs was 1,374.17 billion yuan, a year-on-year increase of 1.9%.
International News:
1. Japanese and South Korean stock markets opened higher and closed higher, both hitting new historical highs.
2. Russia's Ural Federal District issued its first missile warning.
3. Canada entered its first "technical recession" since 2020.
4. Reports indicate that SpaceX's IPO target valuation has been lowered to at least $1.8 trillion.
5. Trump proposed revising the USMCA (United States-Mexico-Canada Agreement) to increase the "Made in America" content in automobiles.
6. Japan's Ministry of Finance: The scale of foreign exchange market intervention between April 28 and May 27 was 11.7 trillion yen.
7. Danish pension fund blacklists SpaceX: Governance is worrying, valuation is seriously overvalued. Musk denies that SpaceX has lowered its IPO valuation target.
8. Federal Reserve – ① Kashkari: It's too early to assert that we need to raise interest rates immediately after the April PCE inflation data was released. ② Bowman: It's too early to judge the impact of the war on inflation; price shocks can be temporarily ignored. ③ Schmid: It may be necessary to consider how to make monetary policy tighter. The determination to curb inflation must be clearly communicated. ④ Federal Reserve's Paulson: Current inflation is too high, even before the war began.
9. Iran War –
① US Media: Trump postpones final decision on Iran-related agreements.
② Iranian Foreign Ministry: Iran-US exchanges are continuing, but no final consensus has been reached.
③ US military says it will conduct military operations near the Strait of Hormuz.
④ Iranian officials say they have no intention of shipping enriched uranium out of Iran.
⑤ Kazakhstan is reportedly willing to receive Iranian enriched uranium, provided the US and Iran reach an agreement.
⑥ Trump says the US and Iran have reached an agreement on the nuclear issue and minor issues other than the Strait of Hormuz.
