Bilibili (BILI.O) priced $700 million of convertible preferred notes, alongside pricing for a concurrent equity placement and share repurchase.

China A-share brokerage stocks rallied intraday; Xiangcai Co. surged to a limit-up, Zhinanzhen rose over 4%, and Jinzheng, Huaan Securities, HITHINK ROYALFLUSH and Zhongyin Securities are also advanced.

1. Clarifying Lutnick's slip of the tongue—US President Trump: When Commerce Secretary Lutnick said "no Americans have been killed," he was thinking of Venezuela. But in Iran, 18 people have died! 2. Recommending the Army Secretary stay until the midterm elections—The Washington Post, citing sources, reported that Driscoll told Trump at the White House last week that he had decided to resign, and Trump recommended that he stay in office at least until the midterm elections. 3. Claiming the US has virtually unlimited ammunition stockpiles and unprecedented production capacity—US President Trump: We have virtually unlimited quantities of medium- and high-grade ammunition, far more than we could possibly use in this war, let alone any other possible war (although that's highly unlikely!). Furthermore, we are producing ammunition at unprecedented levels. 4. Criticizing Canadian Prime Minister Carney—US President Trump: It's good for Canadian politicians like Prime Minister Carney to make President Donald J. Trump an "enemy," but this will be extremely detrimental to politicians when the Canadian economy collapses—the consequences will be worse than anything Canadian politicians have ever experienced. Just wait and see! 5. Efforts to Lower Prices and Drug Costs – US Vice President Vance, responding to voters' concerns about blaming Trump for economic problems, stated that the government is taking steps to lower prices and the cost of living. 6. Praise for Data Centers – US President Trump: Data centers are fantastic. Artificial intelligence has some negative impacts, but these issues will be addressed. 7. Proposed Revocation of Tax Exemption for Minority Schools – The Trump administration took action on Thursday to revoke tax exemptions for private schools that provide preferential treatment to minority students. 8. Announcement of Acting Secretary of the Army – US President Trump: I am pleased to announce that Adam Telle, the current Assistant Secretary of the Army for Civil Engineering, will immediately assume the role of Acting Secretary of the Army. 9. Request for Supreme Court Intervention on Mail-in Voting Rules – Market news: The Trump administration has requested the US Supreme Court to intervene in order to push for the enforcement of postal service rules restricting mail-in voting. 10. Assessment of Recent War Situation – US President Trump: I made the right decision on Iran. There are 30 to 40 ships passing through the Strait of Hormuz every night. I just want the war in Ukraine to end. Britain didn't come to my aid. I don't know if Britain has the capability to take action in the Falklands.