Domestic News
1. Changqiao Securities: Starting June 12th, new and additional trading of all types of securities, including stocks, will be suspended in mainland China.
2. The State Administration of Radio and Television has launched a special campaign to address harmful and vulgar content and copyright infringement in short dramas.
3. Ministry of Foreign Affairs: The essence of China-EU economic and trade relations is mutual benefit and win-win cooperation. We are closely monitoring relevant developments by the EU.
4. According to CCTV Finance, fiber optic cable orders are booked until 2027, and leading domestic companies are accelerating their self-developed and expanded production of optical fiber preforms.
5. Doubao: Plans to launch a professional version of Doubao; the current free service will be maintained for Doubao functions used by most users.
6. Hong Kong Stock Exchange data shows that Duan Yongping's shareholding in Pop Mart increased from 5.69% to 6.04% on May 28th.
International News
1. Indian government clarifies: Rumors about the central bank selling gold are untrue.
2. Bank of Japan Governor Kazuo Ueda: Continued interest rate hikes are needed to curb inflation.
3. Russia provides its first gold mining estimate in years, with figures far exceeding expectations.
4. Alphabet increases its equity financing round from $80 billion to $84.75 billion.
5. Federal Reserve's Williams: There is currently no need for interest rate hikes or cuts. He doesn't believe forward guidance is particularly helpful.
6. Middle East Situation:
① Iranian officials: Iran will negotiate with the US if necessary.
② Iran's Supreme Leader approves the establishment of a working group on the Strait of Hormuz issue. Iranian media reports that the draft law on the management of the Strait of Hormuz has entered the review stage.
③ Trump: He is working to reach an agreement with Iran, which has agreed not to possess nuclear weapons. A naval blockade against Iran may continue until Labor Day in the US, but this is unlikely. Iran's Supreme Leader is negotiating with the US and is willing to meet with them. There is no need to send ground troops to achieve objectives against Iran.
④ Netanyahu: Israel is ready to resume a full-scale escalation. The decision rests with Trump.
