[Futures Hotspot Tracking] US soybeans hit another six-week low, with China's purchases of Argentine soybeans increasing to approximately 20 cargoes! How long will the soybean meal price decline last?

Brazilian Vice President: After President Lula met with US President Trump at the United Nations, we have not yet received any information on the date of the Brazil-US meeting.

Important News 1. Alibaba officially launched its largest and most powerful model to date, Qwen3-Max. 2. UBS Securities: The upward trend of A-shares appears to have begun driving adjustments in the household sector's asset allocation. 3. New regulations for food delivery are being released for public comment, regulating platform fees, merchant onboarding, and other aspects. 4. Ministry of Commerce: China will not seek new special and differential treatment in WTO negotiations. 5. National Healthcare Security Administration Announcement on Regulating the Application and Coding of Innovative Medical Consumables, Such as Brain-Computer Interfaces. 6. Tiger Brokers responds to rumors of "clearing mainland accounts": This is a routine compliance procedure, not a targeted liquidation. Stock News 1. Data on major capital flows shows that Sungrow Power Supply saw the largest net inflow of 1.342 billion yuan, followed by SMIC, Tongfu Microelectronics, Hangzhou Iron & Steel, and North China Capital. Hometech saw the largest net outflow of 1.6 billion yuan, followed by Foxconn Industrial Internet, Shenghong Technology, Wolong Electric Drive, and Shanzi Hi-Tech. 2. Keda Intelligent: No business cooperation with Ant Group is currently in place. 3. Tiandi Online: Reduced the acquisition price of Jiatou Group by 19% and the three-year performance commitment to 104 million yuan. 4. Maxtech: Currently, the proportion of supply to Moore's Thread is relatively small. 5. Corun signed a strategic cooperation agreement with Indonesia's BBK. 6. Jinlu Electronics: Closely monitoring the technological development and market application of solid-state batteries from downstream customers, and actively pursuing product adaptation. 7. Hualing Cable responded to the 270 million yuan acquisition to accelerate its entry into the robotics sector: The acquisition is still in the intention stage, and there is uncertainty as to whether it will be completed.