Domestic News: 1. Li Qiang signed a State Council decree promulgating the revised "Regulations on the Protection of Integrated Circuit Layout Designs". 2. Two departments issued the "15th Five-Year Plan for the Construction of New Power Systems".

2026-08-04

Domestic News: 1. Li Qiang signed a State Council decree promulgating the revised "Regulations on the Protection of Integrated Circuit Layout Designs". 2. Two departments issued the "15th Five-Year Plan for the Construction of New Power Systems". 3. Shanghai International Energy Exchange: Arbitrage orders will be launched starting August 24. 4. The China Securities Regulatory Commission (CSRC) and the Hong Kong Securities and Futures Commission (SFC) jointly announced new measures to deepen practical cooperation and close coordination between the two markets. 5. Ministry of Commerce: Foreign companies have filed Section 337 investigation applications against certain secondary cylindrical batteries, battery modules, and products containing such modules. International News: 1. The US Treasury Department raised its Q3 borrowing forecast to $739 billion. 2. Trump urged oil giants to lower retail oil prices now. 3. Lawsuits filed in 25 US states opposing the latest US tariff measures. 4. The Bank of Korea plans to purchase domestically refined gold bars for the first time in 13 years. 5. The South Korean Presidential Policy Chief was reported for allegedly ordering research into the introduction of a single-stock leveraged ETF. 6. Bank of Japan account data shows that Japan may have spent approximately $34 billion to intervene in the foreign exchange market last Friday to support the yen. 7. Federal Reserve's Williams: Optimistic about a decline in inflation, but will take action if it deviates from the target. 8. Middle East Situation— ① Trump: The Iranian leadership is "two-faced," negotiations with Iran are ongoing, and the Strait of Hormuz may reopen no later than tomorrow (Tuesday, Eastern Time). This is Iran's last chance. He will not allow Iran to charge fees for the strait. ② Turkey's Anadolu Agency, citing Pakistani government sources: US and Iranian negotiators have no plans to meet in Islamabad for at least the next 24 hours. ③ According to Lebanese media: Iranian sources say Tehran rejected the latest US proposal, insisting that the Strait of Hormuz will not be fully reopened before the war ends. ④ Iranian official: Iran had previously prepared to attack three locations in Ukraine, but canceled the attacks due to Ukraine's apology. ⑤ Pakistan's Foreign Ministry invites Iranian Foreign Minister Araghchi to visit Pakistan as soon as possible.