Workflow
新华财经早报:5月20日

Group 1 - Deposit rates are experiencing a new round of cuts, with China Construction Bank and China Merchants Bank leading the way by lowering the current deposit rate to 0.05% and the one-year fixed deposit rate to 0.95% [2][6] - CATL (Contemporary Amperex Technology Co., Limited) is set to officially list on the Hong Kong Stock Exchange on May 20, with an issue price of HKD 263 per share, potentially raising up to USD 5 billion, marking it as the largest IPO in Hong Kong in recent years [2][6] Group 2 - The Ministry of Commerce of China urged the U.S. to correct its discriminatory measures against China regarding chip export controls, emphasizing the need for effective communication and collaboration to manage differences [2] - The National Bureau of Statistics reported that from January to April, the total retail sales of consumer goods increased by 4.7% year-on-year, with fixed asset investment (excluding rural households) reaching CNY 14.7 trillion, a 4% increase year-on-year [2] - In April, the sales prices of second-hand residential properties in first-tier cities showed a decline, with Beijing and Shenzhen experiencing decreases of 0.6% and 0.3% respectively [2] Group 3 - Huawei officially launched two models of HarmonyOS computers, marking the first time the Harmony operating system has been introduced on the desktop, with significant advancements in technology [2] - Xiaomi announced a strategic product launch event scheduled for May 22, featuring several new products including the Xiaomi 15S Pro and the first SUV, Xiaomi YU7 [2]