Market Overview - US stock indices collectively rose, with the Nasdaq up 1.86%, S&P 500 up 1.23%, and Dow Jones up 0.71% [5] - Qualcomm shares surged over 11%, reaching a new high since July 2024, while Tesla rose over 4% [5] - The Nasdaq China Golden Dragon Index increased by 1.59%, with notable gains in Chinese concept stocks like XPeng Motors and Baidu [5] Commodity Prices - International oil prices saw a slight increase, with WTI crude oil up 0.08% at $61.55 per barrel, while Brent crude fell 0.09% to $65.14 per barrel [6] - Spot gold prices dropped below $4,000, down 3.15% to $3,981.98 per ounce [5] Regulatory Developments - The China Securities Regulatory Commission (CSRC) released 23 measures to enhance the protection of small and medium investors in the capital market [9] - CSRC announced the optimization of the Qualified Foreign Institutional Investor (QFII) system to attract more long-term foreign capital [10] - CSRC plans to implement deeper reforms in the ChiNext board to better serve emerging industries and innovative enterprises [11] Financial Innovations - The People's Bank of China (PBOC) aims to optimize the digital RMB management system and enhance its international operational capabilities [12] - The State Administration of Foreign Exchange (SAFE) will introduce nine new measures to facilitate cross-border trade and enhance foreign exchange management [13] Corporate Actions - Meituan announced nationwide coverage of social security subsidies for delivery riders, marking a significant step in improving worker benefits [20] - JD.com launched a national recruitment plan for its "National Good Car" delivery centers, aiming to enhance service quality and market presence [23] - Xiaopeng Motors clarified recent changes in executive positions, indicating ongoing organizational optimization [26] Investment Activities - 58 Intelligent completed approximately 500 million yuan in its first round of strategic financing, aimed at accelerating technology development in the embodied intelligence sector [31] - Tesla's chairman urged shareholders to support Elon Musk's nearly $1 trillion compensation plan, emphasizing its importance for the company's future [33]