SHFE'S MOST ACTIVE FREIGHT INDEX (EUROPE ROUTE) FUTURES UP OVER 5%

HONG KONG ISSUING 6 BLN YUAN EACH OF 20-, 30-YEAR INFRA NOTES, TERM SHEET SHOWS HONG KONG 20-YR YUAN INFRA NOTES CARRY 2.60% COUPON, MATURE MAY 2046, TERM SHEET SHOWS HONG KONG 30-YR YUAN INFRA NOTES CARRY 2.70% COUPON, MATURE MAY 2056, TERM SHEET SHOWS

Beijing officially confirmed Donald Trump’s May 13-15 state visit to China, marking the first US presidential trip there in nearly a decade despite tensions over the Iran war. Trump, who last visited in 2017, will meet Xi Jinping after the summit was previously delayed by the conflict. China had hesitated to proceed as the war entered its third month. The visit comes amid a fragile Iran ceasefire and rising US-China tensions, as Washington struggles to end a conflict that has triggered a global energy crisis.