Beijing, Aug 27 — Vice Minister of Agriculture Zhang Zhili and Russian Deputy Agriculture Minister Markovich co‑chaired the 13th meeting of the China‑Russia Prime Ministers' Regular Meeting Committee agricultural cooperation subcommittee. Discussions

The CSI Convertible Bond Index opened 0.04% higher. Dingjie Convertible Bond, Pulian Convertible Bond, Tianyuan Convertible Bond, Lianrui Convertible Bond, and Mingxin Convertible Bond led the gains, rising 8.13%, 4.89%, 2.47%, 2.20%, and 1.90% respectively. Huafeng Convertible Bond, Guoli Convertible Bond, Ruike Convertible Bond, Outong Convertible Bond, and Hangyu Convertible Bond led the declines, falling 1.11%, 1.09%, 0.87%, 0.86%, and 0.76% respectively.

Domestic News: 1. Four departments launch special campaign to address issues such as vehicle reliability and durability. 2. Hong Kong Stock Exchange responds to reports of studying mergers between the Growth Enterprise Market (GEM) and the Main Board: It will continue to study measures to optimize the listing mechanism. 3. China International Capital Corporation (CICC): Its share swap merger with Dongxing Securities and Cinda Securities has been approved by the Shanghai Stock Exchange's restructuring committee. International News: 1. Trump administration considers new semiconductor tariffs. 2. Thai industry association: The Thai Ministry of Finance has no intention of imposing a gold tax in the near future. 3. Kioxia and SanDisk plan to invest $31 billion in Japan to expand their memory chip factory. 4. US initial jobless claims for the week ending August 22 were 203,000, compared to an expected 208,000. 5. ECB meeting minutes: If the inflation outlook does not improve significantly, another interest rate hike may be needed. 6. Russian Foreign Ministry: Britain and France providing sensitive missile technology to Ukraine is playing with fire and could target British military objectives. 7. Sources familiar with the matter: Meta internally predicted this year that it might invest up to $10 billion annually in Anthropic's AI models. 8. EIA Natural Gas Report: As of the week ending August 21, total U.S. natural gas inventories were 3.184 trillion cubic feet, an increase of 15 billion cubic feet from the previous week. 9. Federal Reserve— ① Hammark reiterated his anti-inflation stance: Interest rate constraints are still insufficient. ② Schmid: Fed policy remains accommodative, and inflation remains above target. There is room to reduce the number of Fed meetings. ③ Goolsby: The biggest short-term concern is uncontrolled inflation. Tariffs and war-related price increases pose challenges to the Fed. 10. Middle East Situation— ① Kuwait and Qatar increased crude oil exports through the Strait of Hormuz, with export volumes recovering to 70% of pre-conflict levels. ② Shipping volume in the Strait of Hormuz rebounded slightly on Wednesday, while shipping volume in the Bab el-Mandeb Strait slowed. ③ Iran's oil minister stated that despite some reductions, Iran's offshore oil sales and deliveries have not stopped. ④ The White House: (Regarding Iran) There are currently no negotiations; all options are being considered.