Ge Long Hui·2025-07-26 00:23Group 1 - Trump discusses tariff plans, indicating nearly 200 tariff letters will be sent, with rates potentially set at 10% or 15% [2] - Intel reports worsening net losses in Q2 and announces a restructuring plan, including a 15% workforce reduction and cancellation of a multi-billion dollar investment in Europe [2] - US stock markets see all major indices rise, with the Nasdaq and S&P 500 reaching new highs, while Intel's stock drops over 8% [3][5] Group 2 - The Nasdaq China Golden Dragon Index declines by 0.89%, with NIO rising over 1% and Alibaba and JD.com experiencing minor declines [4] - The China Securities Regulatory Commission emphasizes efforts to stabilize the market and promote long-term capital investment [8] - The State Council announces plans to gradually implement free preschool education, highlighting its importance for long-term development [9] Group 3 - Nvidia receives approval to resume sales of H20 GPUs to China, which is seen as a positive development for Nvidia and its supply chain [19] - The Shanghai stock market experiences a decline, with the index down 0.33%, while the Hong Kong market also sees losses [30][31]