Xin Lang Zheng Quan·2025-05-28 23:59Group 1 - Chinese Vice Premier He Lifeng welcomes US financial institutions, including Morgan Stanley, to actively participate in the development of China's capital markets, emphasizing high-level openness to drive high-quality development [2] - Morgan Stanley's co-president Dan Simkowitz expresses satisfaction with the substantial progress in US-China trade talks and commits to deepening investment cooperation in China [2] Group 2 - The US International Trade Court rules that Trump's global tariffs are illegal and imposes a ban, marking a significant legal defeat for the former president [3] - The ruling supports the argument from Democratic-led states and small businesses that Trump misused an emergency order to justify the tariffs [3] Group 3 - CITIC Securities predicts that China's equity assets are entering a bull market at an annual level, with a significant shift in market style expected from small-cap stocks to core assets starting in Q4 2025 [4] - The firm anticipates synchronized economic and policy cycles among major global economies, leading to simultaneous fiscal and monetary expansion [4] Group 4 - The Ministry of Commerce strengthens communication regarding rare earth export control policies with European semiconductor companies, indicating a potential easing of restrictions on chip exports to Europe [5] - Rare earth elements are crucial in semiconductor manufacturing, and this move aims to maintain global supply chain stability [5] Group 5 - The National Health Commission reports a slowdown in the upward trend of COVID-19 cases nationwide, with most provinces reaching peak levels or showing a downward trend [6] - The dominant circulating strain is the XDV variant, with no significant changes in pathogenicity or clinical severity reported [6] Group 6 - BYD responds to rumors of a dealer in Shandong facing financial difficulties, stating that the information is untrue and that the dealer's issues stem from rapid expansion and leverage [12] - The company is providing support to the dealer group to manage customer and employee-related issues [12] Group 7 - Honor's CEO Li Jian emphasizes the company's focus on the robotics sector, highlighting its technological capabilities and willingness to collaborate with other manufacturers [12] - The company aims to develop autonomous technologies that meet specific user needs [12] Group 8 - The A-share market experiences a slight decline, with the Shanghai Composite Index closing at 3339.93 points, down 0.02%, and total trading volume reaching 389.34 billion yuan [13] - The Hong Kong stock market also sees a collective drop, with the Hang Seng Index down 0.53% [13] Group 9 - US stock markets close lower, with the Dow Jones down 244.95 points, or 0.58%, as the Federal Reserve emphasizes the need for patience [14] - European markets also see declines, with the Euro Stoxx 50 index down 0.59% [14] Group 10 - Huachuang Securities suggests that short-term market liquidity is abundant, favoring small-cap growth stocks, and recommends focusing on sectors like electronics and energy [15] - The firm also advises maintaining a cash flow asset base, highlighting the potential of undervalued consumer sectors [15]