According to CCTV: Li Qiang chaired an executive meeting of the State Council, which pointed out that it is necessary to adhere to a reasonable layout and standardized order, further improve computing infrastructure, actively promote the research and

TD Securities: We now expect the Federal Reserve to raise interest rates this month, after previously expecting a rate cut.

Key News 1. The "15th Five-Year Plan for Building a Financial Power" was officially released. 2. The People's Bank of China (PBOC) will conduct overnight reverse repurchase operations for four consecutive days. 3. The PBOC: The PBOC will improve the reserve requirement system and conduct open market operations more flexibly and precisely. 4. The market value of A-shares held by medium- and long-term funds increased by 12.5% compared to the end of last year. 5. The General Office of the State Council: Encouraging leading enterprises to take the lead in fulfilling the "60-day cash payment commitment". 6. The State Financial Regulatory Commission: Vigorously rectifying "price wars", illegal rebates, and "high interest, high rebates" practices. 7. The National Development and Reform Commission (NDRC): Reminding and warning operators suspected of disorderly competition through low prices, and organizing cost investigations when necessary. 8. The NDRC's Private Enterprise Bureau publicly promoted a batch of investment projects in the fields of transportation, logistics, water conservancy, and energy to private enterprises. 9. The Ministry of Commerce: China and the United States are negotiating a framework arrangement for a $30 billion reciprocal tariff reduction. Individual Stock News 1. Suiyuan Technology debuts on the STAR Market today, with an issue price of 142.18 yuan. 2. Jinlianchuang: The window for price increases is about to open, and the expected increase in retail prices this round may reach around 400 yuan/ton. 3. Zhuhai Guanyu: Currently supplies battery cells for Apple's laptops and multiple mobile phones, including foldable phones. 4. Yuanwanggu: Plans to acquire 100% equity of Guangtai Communication, whose main business is automated coupling equipment for optical communication devices and modules. 5. Youcai Resources: The actual controller has changed to the State-owned Assets Supervision and Administration Office of Jiangyin Municipal People's Government; the stock will resume trading on the 11th. 6. Dingxin Communication, which has hit the daily limit for two consecutive days: Failed to win a bid in the first batch of State Grid's 2026 power business. 7. Guochuang High-tech, which has hit the daily limit for two consecutive days: Rising petroleum asphalt prices will increase the company's raw material procurement costs.