Domestic News: 1. Railway authorities pilot a 60-day advance ticket booking service. 2. The National Development and Reform Commission (NDRC) releases an action plan for collaborative development of artificial intelligence. 3. The China Securities

2026-07-18

Domestic News: 1. Railway authorities pilot a 60-day advance ticket booking service. 2. The National Development and Reform Commission (NDRC) releases an action plan for collaborative development of artificial intelligence. 3. The China Securities Regulatory Commission (CSRC) organizes cross-departmental training on comprehensive prevention and punishment of financial fraud. 4. Xi Jinping announces major measures to support global artificial intelligence development. 5. Massive forced liquidations in margin trading? Multiple securities firms respond: No large-scale liquidations have occurred. 6. Kweichow Moutai: Raises retail and contract prices on the Feitian Moutai iMoutai platform. 7. Spokesperson for the Ministry of Commerce answers reporters' questions regarding the US's decision not to extend the national emergency declaration concerning Hong Kong. 8. The Ministry of Finance adjusts consumption tax policies for some batteries; consumption tax will be gradually reinstated for some new energy batteries. 9. NDRC: Effective July 17, 24:00, domestic gasoline and diesel (standard grades) prices will be increased by 300 yuan and 290 yuan per ton, respectively. 10. The Equipment Industry Department of the Ministry of Industry and Information Technology convened a symposium with key automobile manufacturers to deploy relevant supervision and inspection work on automobile manufacturers and their products. 11. The State Administration of Foreign Exchange: Strives to issue a new round of Qualified Domestic Institutional Investor (QDII) quotas as soon as possible. A package of policies is planned to further improve the facilitation of cross-border investment and financing. 12. The State Post Bureau: In the first half of the year, the postal industry's total delivery volume reached 108.89 billion pieces, a year-on-year increase of 4.2%, of which express delivery volume reached 100.38 billion pieces, a year-on-year increase of 5%. International News: 1. Apple overtakes Nvidia to become the world's most valuable company. 2. South Korea's Financial Services Commission responds to controversy: Single-stock leveraged ETFs are not the culprit behind stock market volatility. 3. The Eurozone's current account surplus widened in May, with primary income growth offsetting a narrowing trade surplus. 4. Burnham has been officially confirmed as Labour Party leader and will become the new Prime Minister of the United Kingdom next Monday. 5. SpaceX stock price has fallen 38% from its peak, wiping out approximately $1 trillion in market capitalization. 6. According to Kyodo News: Sources say the Bank of Japan may raise its economic growth forecast while maintaining interest rates. 7. Middle East Situation— ① Advisor to Iran's Supreme Leader: If US military operations continue, Iran may enter a full-scale offensive. ② Iran's Revolutionary Guard reiterates: Not a drop of oil will leave the Middle East as long as the US continues. ③ Iran's Revolutionary Guard claims to have killed a "large number" of US troops in Syria. ④ Saudi media: Iran says that since June 22, US attacks have resulted in 38 deaths and 400 injuries. ⑤ The US strikes Iran for the seventh consecutive night; US Central Command: No US troops have been captured or killed recently. ⑥ Iran claims to have attacked US facilities in Bahrain, warning that US AI assets in the Middle East may be targeted. ⑦ US Central Command: The Iranian Revolutionary Guard's claim that two oil tankers exploded after colliding with mines in the Strait of Hormuz is untrue.