YONGHUI SUPERSTORES(SH:601933) Mei Ri Jing Ji Xin Wen·2025-05-30 22:54Market Overview - US stock indices closed mixed, with the Dow Jones up 0.13% and a monthly increase of 3.94%, while the Nasdaq fell 0.32% with a monthly increase of 9.56% [2] - Major tech stocks mostly declined, with Tesla and Intel down over 3%, and Nvidia, AMD, and Advanced Micro Devices down over 2% [2] - Chinese concept stocks generally fell, with the Nasdaq Golden Dragon China Index down 2.69% [2] - Spot gold decreased by 0.86% to $3288.58 per ounce, and WTI crude oil fell by 0.25% to $60.79 per barrel [2] Economic Policies and Regulations - The Ministry of Foreign Affairs stated that China's export control measures align with international practices and are non-discriminatory, opposing US actions that politicize economic issues [3] - The National Development and Reform Commission announced a significant reduction in credit service fees, expected to save users approximately 1.1 billion yuan annually [3] - The People's Bank of China reported that the balance of RMB loans reached 265.41 trillion yuan at the end of Q1 2025, with a year-on-year growth of 7.4% [4] Industry Developments - The Ministry of Industry and Information Technology released an action plan aiming for standardized national public computing power interconnectivity by 2028 [5] - The Housing and Urban-Rural Development Ministry reported that over 1.3 trillion yuan in housing provident fund loans were issued in 2024, with a steady operation of the housing fund system [6] Corporate News - BYD's PR manager refuted claims comparing the company to Evergrande, asserting that Chinese automakers have better financial health than foreign counterparts [13] - Huawei launched a new model with a parameter scale of 718 billion, showcasing advancements in AI computing [14] - The chairman of Midea Group expressed confidence in competing with Xiaomi in the home appliance sector, highlighting the industry's competitive nature [21] - Luckin Coffee clarified that recent price reductions were promotional and not indicative of a price drop [22] Legal and Compliance Issues - Yonghui Supermarket and its chairman were restricted from high consumption due to a legal dispute [16] - *ST Tianyu announced that its actual controller is under criminal investigation for fund misappropriation, although it does not significantly impact operations [26]