Group 1 - The China Securities Regulatory Commission has recently issued a decision to amend the "Measures for the Administration of Major Asset Restructuring of Listed Companies," encouraging private equity funds to participate in mergers and acquisitions of listed companies. The investment period for private equity funds is linked to the lock-up period for shares obtained through restructuring, reducing the lock-up period from 12 months to 6 months for those who have held investments for 48 months [1] - The U.S. Department of Commerce has announced that using Huawei's Ascend chips is considered a violation of U.S. export control regulations, which has been met with strong opposition from China [3] - Nvidia's CEO has indicated that due to U.S. government restrictions on the export of the Hopper architecture H20 chip to China, the company is reassessing its market strategy in China and will not launch the Hopper series chips in the future [3] Group 2 - The 15th China Airshow showcased the "Jiutian" drone, which is expected to complete its first flight by the end of June. A notable feature of this drone is the integrated "heterogeneous hive mission cabin," capable of carrying over a hundred loitering munitions or small drones, earning it the nickname "aerial drone carrier" [2] - China's J-10CE fighter jet has achieved its first combat success by shooting down multiple enemy aircraft without sustaining any losses, drawing significant attention from global military enthusiasts [2] - The National Financial Supervision and Administration has approved China Life Asset Management to participate in the third batch of long-term investment reform pilot programs for insurance funds, with the Honghu Fund having successfully invested 50 billion yuan by early March 2025 [3] Group 3 - Ningde Times has announced an H-share offering price of 263.00 HKD per share, with H-shares expected to be listed on the Hong Kong Stock Exchange on May 20. The company also plans to invest up to 225 million USD in an industrial investment fund [4] - Wentai Technology has announced plans to sell assets worth 4.389 billion yuan to Luxshare Precision and Luxshare Communications, focusing on the development of its semiconductor business [4] - Guizhou Moutai has reported a total share repurchase of 2.6421 million shares, amounting to 4.05 billion yuan [4]
5月19日早间新闻精选