Domestic News: 1. Xi Jinping will attend the 2026 Shanghai Cooperation Organisation Summit and pay state visits to Kyrgyzstan and Egypt. 2. Zhipu has adopted "Niu Lai" and announced the launch and open-sourcing of GLM-5.3-Flash. 3. A fire at a Rus

2026-08-27

Domestic News: 1. Xi Jinping will attend the 2026 Shanghai Cooperation Organisation Summit and pay state visits to Kyrgyzstan and Egypt. 2. Zhipu has adopted "Niu Lai" and announced the launch and open-sourcing of GLM-5.3-Flash. 3. A fire at a Russian factory has resulted in injuries and deaths among several Chinese citizens. 4. A mudslide in Gyirong, Tibet, has left 3 people dead and 265 missing. 5. Shanghai has issued the "15th Five-Year Plan for the Development of Strategic Emerging Industries in Shanghai". International News: 1. Black Sea exports are hampered, and CBOT wheat futures hit a near 3-year high. 2. Flash floods in northern Nepal have left 97 people dead and 403 missing. 3. Meta is willing to pay up to $17 billion to settle a social media addiction lawsuit. 4. EIA report: US Strategic Petroleum Reserves (SPR) inventories decreased by 3.7 million barrels in the week ending August 21. 5. Sources: Russia is preparing to escalate its attacks on Ukraine, believing peace talks have reached a dead end. 6. The US July PCE price index rose 3.7% year-on-year, below market expectations of a decline to 3.6%. Expectations for a Fed rate hike next month have slightly increased. 7. Nvidia's earnings report failed to surprise all investors, but the CFO's announcement of a 70% growth rate for fiscal year 2028 boosted after-hours stock. 8. Middle East Situation— ① The Qatari Prime Minister will visit Tehran on Thursday. ② Iran claims to have reached an agreement with Oman on revenue sharing from the Strait of Hormuz. ③ Iranian sources: Iran and Oman have not yet finalized the Strait of Hormuz agreement; both sides are still negotiating specific details. ④ Iranian media: Oman has halted cooperation with the US on escorting oil tankers through the southern part of the strait. ⑤ Trump: There is "no timetable" for when Iran will return to negotiations; I'm not in a hurry.