Mei Ri Jing Ji Xin Wen·2025-09-04 22:27Market Overview - US stock markets closed higher with the Dow Jones up 0.77%, S&P 500 up 0.83%, and Nasdaq up 0.98% [5] - Chip stocks showed strength, with Western Digital rising over 5% and Micron Technology up over 4% [5] - Chinese concept stocks mostly declined, with the Nasdaq Golden Dragon China Index down 1.11% [5] Commodity Prices - International precious metals futures generally fell, with COMEX gold futures down 0.91% at $3602.40 per ounce and silver down 1.77% at $41.32 per ounce [6] - International oil prices also dropped, with WTI crude oil down 0.98% at $63.34 per barrel and Brent crude down 1.11% at $66.85 per barrel [7] Corporate Developments - ByteDance reported the dismissal of 100 employees for violating company policies, with 8 individuals suspected of criminal activities handed over to judicial authorities [17] - Huawei launched its new foldable smartphone Mate XTs, featuring a 10.2-inch display and powered by the Kirin 9020 chip, with prices ranging from 17,999 to 21,999 yuan [19] - Agricultural Bank of China reached a total market value of 2.55 trillion yuan, surpassing Industrial and Commercial Bank of China for the first time [26] Regulatory and Policy Updates - The People's Bank of China announced a 10 trillion yuan reverse repurchase operation to maintain liquidity in the banking system [9] - The Ministry of Commerce confirmed the first anti-circumvention investigation in China, targeting imports of specific optical fiber products from the US [10] Industry Insights - The electronic information manufacturing industry aims for an average growth rate of around 7% in added value from 2025 to 2026, with a target annual revenue growth of over 5% [11] - The State Council issued opinions to enhance the sports industry, aiming for a total scale exceeding 7 trillion yuan by 2030 [12] International News Impacting Markets - Trump signed an executive order to implement the US-Japan trade agreement, which includes tariff adjustments [14] - Macron announced that 26 countries will deploy troops to Ukraine under a peace agreement framework [14]