WZJT(SH:600368) Xin Lang Cai Jing·2025-11-21 00:35Market Overview - On November 20, 2025, the A-share market saw all three major indices decline, with the Shanghai Composite Index closing at 3931.05 points, down 0.40%, and the Shenzhen Component Index at 12980.82 points, down 0.76% [1] - The Hong Kong stock market also experienced a downturn, with the Hang Seng Index falling 0.57% to 23157.97 points, and the Hang Seng Technology Index down 0.7% to 5134.11 points [1] - In contrast, the US stock market showed mixed results, with the S&P 500 rising 1.59% to 5954.5 points and the Nasdaq Composite Index increasing 1.63% to 18847.28 points [1] New Stock Offerings - On November 20, 2025, there was one new stock available for subscription: China Uranium Industry, with a subscription price of 17.89 yuan per share and a price-to-earnings ratio of 27.06 [1] - The company focuses on the comprehensive utilization of natural uranium and radioactive co-associated mineral resources, primarily engaged in the mining, sales, and trade of natural uranium resources [1] Industry News - OpenAI announced a partnership with Foxconn on November 21, 2025, to advance the design of next-generation artificial intelligence infrastructure hardware and prepare for domestic manufacturing in the US [2] - The collaboration will involve OpenAI sharing insights on emerging hardware needs in the AI industry to assist Foxconn in hardware design and development [2] - The China Chemical and Physical Power Industry Association plans to issue a notice to regulate pricing in the lithium iron phosphate industry, which has faced continuous losses and chaotic competition [2] - The notice will suggest that companies use the average cost range disclosed by the association as a reference for pricing, aiming to prevent below-cost dumping [2] - The association will also require companies to report operational data monthly, including capacity, output, and inventory, to aid in resource allocation [2]