Mei Ri Jing Ji Xin Wen·2025-07-18 23:11Market Overview - US stock indices closed mixed, with the Dow down 0.32%, S&P 500 down 0.01%, and Nasdaq up 0.05%, marking its fifth consecutive day of gains and reaching a new all-time high [1] - Major tech stocks showed mixed performance, with Tesla up over 3% and Netflix down over 5% [1] - Chinese concept stocks mostly rose, with the Nasdaq Golden Dragon China Index up 0.6% [1] Oil and European Markets - International oil prices slightly declined, with WTI crude down 0.3% at $66.03 per barrel and Brent crude down 0.42% at $69.23 per barrel [4] - European stock indices had mixed results, with Germany's DAX down 0.33% and France's CAC40 up 0.01% [4] Semiconductor Industry - China's Ministry of Commerce expressed hope for the US to lift unreasonable trade restrictions on China, particularly regarding the sale of Nvidia's H20 chips [5] - The meeting between China's Commerce Minister and Nvidia's CEO highlighted the attractiveness of the Chinese market for foreign investment, especially in AI [6] New Energy Vehicles (NEVs) - The Central Guidance Group is conducting research on irrational competition in the NEV industry, indicating a focus on regulatory measures [7] - A joint meeting by various government departments aims to regulate competition in the NEV sector, emphasizing product safety and quality [8] Foreign Investment - The National Development and Reform Commission (NDRC) announced measures to encourage foreign investors to reinvest in China, establishing a project database for foreign investment [9] Low-altitude Economy - The NDRC held a meeting to discuss the safe and healthy development of the low-altitude economy, emphasizing localized development strategies [10] Banking Regulations - The People's Bank of China is seeking public opinion on a draft regulation for interbank market brokerage business management, aiming to enhance supervision and compliance [11] Key Industries - The Ministry of Industry and Information Technology is set to release a growth plan for ten key industries, including steel and petrochemicals, focusing on structural adjustments and eliminating outdated capacity [12] E-commerce and Competition - The State Administration for Market Regulation held talks with major food delivery platforms, urging them to engage in rational competition and comply with relevant laws [13] Corporate Developments - Xiaomi's founder and BYD's chairman met, indicating potential collaboration in the automotive sector [18] - BYD's new hybrid SUV, the Titanium 7, is set to launch in Q4 2025, enhancing its market presence in the NEV sector [19] - Yushutech has begun its listing guidance process, indicating potential growth in the capital market [21] - Tencent's integration of its virtual currency with QQ Music aims to enhance user engagement [22] - ByteDance's food poisoning incident in Singapore resulted in a fine for the catering company involved, highlighting the importance of food safety [24] - Douyin clarified its focus on in-store services, dismissing plans for a self-built food delivery service [25] - A significant corporate governance issue arose with the arrest of the chairman of Yara International for alleged financial misconduct [26]