Domestic News:
1. The China Securities Regulatory Commission (CSRC) held an investor symposium to solicit opinions and suggestions. Investor representatives suggested taking multiple measures to guide medium- and long-term funds into the market and to regulate the development of quantitative trading and AI applications.
2. The five major insurance giants collectively expressed their firm support for the development of the capital market and their commitment to actively rewarding investors.
3. The Ministry of Foreign Affairs stated that China and the United States are maintaining communication regarding arrangements for interactions between their heads of state this year.
4. Russia extended its visa-free entry policy for Chinese citizens.
5. The Ministry of Industry and Information Technology (MIIT) announced it will issue guidelines for the construction of a computing power standards system to promote the establishment of standards such as market-based pricing for computing power.
6. The Hong Kong Stock Exchange stated that its current priority is to study the proposal to extend the trading hours of the derivatives market, rather than stock trading hours.
7. The State Administration for Market Regulation (SAMR) called for reasonable reductions in commissions, fees, and membership fees to alleviate the initial cost pressure on individual businesses.
8. Director Zheng Shanjie chaired a symposium for private enterprises to solicit opinions and suggestions on the economic situation in the first half of the year and how to improve economic work in the second half. 9. Li Qiang chaired an executive meeting of the State Council, hearing reports on the supervision of the expansion and quality improvement of the service industry and the planning and construction of the "six networks"; and studying relevant work on optimizing the social security system.
International News:
1. US media: FBI Director plans to visit Russia.
2. The B50 policy has been a great success; Indonesia will completely stop importing diesel fuel starting in July 2026.
3. The average price of gasoline in the US broke the $4/gallon mark again after a month.
4. The Trump administration encourages companies to invest in aluminum smelters in the US, with aluminum tariffs potentially halved.
5. The US announced a 50% tariff on some Canadian products; the tariffs do not apply to energy products, potash fertilizer, fish, and critical minerals.
6. The King of England appointed Burnham as the new Prime Minister, replacing Starmer. New Prime Minister Burnham appointed several cabinet members.
7. Middle East situation—
① Iran stated that mediators proposed a 10-day ceasefire between the US and Iran to seek the resumption of the memorandum of understanding. ① The Iranian Foreign Ministry confirmed receiving a mediation proposal: negotiations with the United States may be based on national interests.
② The Caspian Pipeline Alliance: Oil shipments, after a brief resumption following another attack on tankers on July 20, have been suspended again.
③ US media: Trump is focused on making Iran pay for recent events, but negotiations between the two countries continue.
④ Hamas appoints Khalil Haya as its new leader.
⑤ Yemen resumes oil exports.
⑥ The Houthi rebels announced a maritime embargo against Saudi Arabia. Saudi Arabia stated that it is taking necessary military action to ensure the safety of shipping in the Bab el-Mandeb Strait.
