Domestic News:
1. Changxin Technology: Issue price is 8.66 yuan/share.
2. my country's foreign trade exceeded 25 trillion yuan for the first time in the first half of the year, a year-on-year increase of 16.9%.
3. China International Capital Corporation's proposed share swap merger with Dongxing Securities and Cinda Securities has been accepted by the China Securities Regulatory Commission.
4. The "Guidelines for Reusable Launch Vehicle Research Projects (Third Batch)" has been officially released.
5. The People's Bank of China: On July 15, it will conduct 1.4 trillion yuan of outright reverse repurchase operations with a term of 6 months.
6. General Administration of Customs: Since the beginning of this year, China's export growth rate has exceeded 10%, maintaining growth for 11 consecutive quarters.
International News:
1. Reports indicate that SK Hynix is accelerating mass production of HBM4 for Nvidia.
2. Samsung Electronics: Currently, it is not considering the possibility of issuing American Depositary Receipts.
3. Four South Korean government departments will meet on Thursday to discuss the risks of single-stock leveraged ETFs. 4. The South Korean government raised its 2026 economic growth forecast to 3%, citing a "supercycle" in the chip industry.
5. New York State will suspend the construction of new data centers consuming 50 megawatts or more for one year.
6. The US House of Representatives passed a bill to permanently implement Daylight Saving Time and sent it to the Senate for consideration.
7. The US June unadjusted CPI year-on-year growth slowed to 3.5%, while the seasonally adjusted CPI fell 0.4% month-on-month in June, the first decline in six years. As of this morning, interest rate futures are pricing in a Fed rate hike of approximately 30 basis points by the end of the year, 9 basis points less than yesterday.
8. Fed Chair Warsh testified before the House of Representatives, promising to end the era of high inflation and closely monitoring the impact of AI. Markets will be fully informed if the balance sheet is adjusted.
9. IBM's second-quarter revenue missed expectations, and its stock price fell 25%; Lucid, after denying bankruptcy rumors, still saw its stock price fall 16%; SK Hynix ADRs surged 27%, trading at a 51% premium to its Korean counterpart. 10. Middle East Situation—
① Trump: Only blockade Iranian shipping, replacing the US's 20% compensation fee with Gulf state investment.
② US Media: Trump demands Netanyahu withdraw troops from Syria and Lebanon.
③ US and Iran continue mutual attacks. The US military confirmed that it reinstated the naval blockade against Iran at 4:00 AM.
④ Iranian Oil Minister: Despite the US canceling waivers, Iran's oil exports will continue as normal.
⑤ US supports restarting the Iraq-Syria oil pipeline to weaken Iran's influence in the Straits.
⑥ Iranian Deputy Foreign Minister: Currently, Iran has made no commitments under the framework of the memorandum of understanding with the US.
⑦ Iraqi Prime Minister: US troops must withdraw from Iraq by September 30th this year.
⑧ Trump claims to have held talks with Iran, threatening to strike power plants.
