Options selling pressure plummeted this week, with gold prices consolidating precisely near their biggest resistance level. Short-term downward pressure is minimal, and bulls may be building momentum towards the $5000 mark! However, caution is advised in June…

The yield on Japan's 30-year government bond rose 2.0 basis points to 3.675%.

1. ZTE Corporation (00763.HK): Q1 net profit attributable to shareholders was RMB 1.31 billion, a year-on-year decrease of 46.58%. 2. Great Wall Motor (02333.HK): Q1 net profit attributable to shareholders was RMB 945 million, a year-on-year decrease of 46.01%. 3. Goldwind Technology (02208.HK): Q1 net profit attributable to shareholders was RMB 907 million, a year-on-year increase of 59.65%. 4. Guotai Haitong Securities (02611.HK): Q1 net profit attributable to shareholders was RMB 6.388 billion, a year-on-year decrease of 47.82%. 5. CITIC Securities (06030.HK): Q1 net profit attributable to shareholders was RMB 10.216 billion, a year-on-year increase of 54.6%. 6. Chifeng Gold (06693.HK): Q1 net profit attributable to shareholders was RMB 988 million, a year-on-year increase of 104.43%. 7. Zhaojin Mining (01818.HK): First-quarter net profit attributable to shareholders was RMB 1.189 billion, an increase of 80.44% year-on-year. 8. China Resources Pharmaceutical (03320.HK): China Resources Double-Crane Pharmaceutical's first-quarter net profit was RMB 501 million, a decrease of 4.085% year-on-year. 9. Luoyang Molybdenum (03993.HK) released its first-quarter results: Net profit attributable to shareholders was RMB 7.76 billion, an increase of 96.65% year-on-year. 10. Sinopec Engineering (02386.HK): The total value of newly signed contracts in the first quarter was RMB 27.553 billion, a decrease of 37.91% year-on-year. 11. China Hongqiao (01378.HK): Hongqiao Holdings' first-quarter net profit attributable to shareholders was RMB 6.758 billion, an increase of 37.56% year-on-year. 12. WeRide (00800.HK) and Lenovo (00992.HK) deepen their global strategic cooperation and are expected to deploy 200,000 autonomous vehicles in the next five years.

TAIWAN STOCKS EXTEND GAINS OVER 3% TO 40,144.46

Key News 1. DeepSeek input cache price reduced to 1/10 of its initial offering price. 2. Shanghai Stock Exchange: After-hours fixed-price trading expanded from STAR Market stocks to all A-shares and exchange-traded funds. 3. Shenzhen Stock Exchange: Adjusted confirmation time for block trades of ChiNext stocks. 4. China Securities Regulatory Commission (CSRC) announced that qualified foreign investors are allowed to participate in treasury bond futures trading. 5. Ministry of Finance: Stock market trading was active, with securities transaction stamp tax increasing by 78.1% in the first quarter. 6. People's Bank of China (PBOC): Will conduct 400 billion yuan MLF operation on April 27. 7. State Council Executive Meeting: Strengthen, optimize, and expand the marine industry, and vigorously cultivate emerging industries such as marine biomedicine and new materials. 8. General Office of the CPC Central Committee and General Office of the State Council issued an opinion on strengthening the service and management of new employment groups. 9. PBOC: Continue to rectify "involutionary" competition among financial institutions and coordinate the "five major tasks" of finance with high quality. 10. The Ministry of Commerce responded to the US passage of the "Hardware Technology Control Multilateral Coordination Act" and other bills. Individual Stock News 1. Kweichow Moutai: Q1 net profit of 27.2 billion yuan, up 1.47% year-on-year. 2. Moore Threads: Q1 net profit of 29.36 million yuan, achieving a turnaround from loss to profit during the period. 3. ZTE Corporation: Q1 net profit of 1.31 billion yuan, down 46.58% year-on-year. 4. Luoyang Molybdenum: Q1 net profit of 7.76 billion yuan, up 96.65% year-on-year. 5. CITIC Securities: Q1 net profit of 10.216 billion yuan, up 54.60% year-on-year. 6. Eastmoney Information: Q1 net profit of 3.738 billion yuan, up 38% year-on-year. 7. Hisun Pharmaceutical: Q1 net profit attributable to shareholders of 555 million yuan, up 1089.85% year-on-year. 8. China Tungsten High-Tech Materials: Q1 net profit attributable to shareholders of 921 million yuan, up 264.44% year-on-year. 9. Goldwind Technology: Q1 net profit of RMB 907 million, a year-on-year increase of 59.65%. 10. Hengtong Optic-Electric: Q1 net profit of RMB 1.105 billion, a year-on-year increase of 98.53%. 11. InnoLight Technology: 1.6T products are already in mass production and shipping, and are expected to maintain quarter-on-quarter growth. 12. New E-Sun: 1.6T and 800G are the main products delivered this year, and the industry is expected to maintain a high level of prosperity and high growth trend in 2027. 13. Chery Automobile signed an agreement with CATL to develop models adapted to battery swapping and battery swapping networks. 14. Shengmei Shanghai successfully shipped its first PECVD SiCN equipment. 15. Hengli Petrochemical: A major subsidiary was added to the U.S. Treasury Department's SDN list. 16. Fujian Electronics: Smart light pole products account for less than 0.1% of the company's total revenue. 17. China Merchants Energy Shipping: Plans to invest no more than RMB 3.814 billion to build 8 new container ships.

S&P FUTURES ERASE ALL LOSSES, HIT A RECORD ABOVE 7200