Mei Ri Jing Ji Xin Wen·2025-07-04 22:58Market Overview - US stock market was closed for Independence Day [3] - International precious metals futures saw slight gains, with COMEX gold futures up 0.11% at $3346.5 per ounce and COMEX silver futures up 0.14% at $37.135 per ounce [4] - International oil prices declined, with WTI crude oil down 0.75% at $66.5 per barrel and Brent crude oil down 0.42% at $68.51 per barrel [5] - European stocks mostly fell, with Germany's DAX down 0.42%, France's CAC down 0.77%, and the Euro Stoxx 50 down 0.98% [6] Trade and Economic Policies - China's Ministry of Commerce announced an anti-dumping investigation on EU-origin brandy, with a dumping margin of 27.7% to 34.9% [7] - The People's Bank of China released a draft for the rules of the Cross-Border Interbank Payment System (CIPS), aiming to optimize its functions and services [7] Real Estate Market - China's Ministry of Housing and Urban-Rural Development emphasized the importance of stabilizing the real estate market and called for tailored policies to enhance effectiveness [8] Aviation Industry - The Civil Aviation Administration of China established a leadership group for general aviation and low-altitude economy to enhance coordination and development in these sectors [9] Mining and Resources - The State-owned Assets Supervision and Administration Commission (SASAC) is pushing for a new round of mineral exploration strategies to enhance resource security and support high-quality growth [9] Energy Sector - China's national electricity load reached a historical high of 1.465 billion kilowatts on July 4, driven by high temperatures, with expectations for continued high demand [10] Corporate Developments - China Shipbuilding Industry Corporation's merger with China Shipbuilding Industry Corporation has been approved by the Shanghai Stock Exchange, marking a significant consolidation in the industry [18][19] - BYD's sales division manager announced a transition to a new role, indicating potential changes in the company's strategic direction [21] - China National Chemical Corporation's former vice president is under investigation for serious violations of discipline [22] Consumer Electronics - Apple addressed concerns regarding iPhone overheating, clarifying that high temperatures can trigger warnings and advising users on safe usage practices [23] Retail and Tourism - Shanghai's Lego theme park is set to open, with significant increases in hotel and accommodation bookings in the surrounding area, indicating a boost to local tourism [25]