Group 1 - China announced a unilateral visa exemption policy for Saudi Arabia, Oman, Kuwait, and Bahrain, effective from June 9, 2025, to June 8, 2026, allowing ordinary passport holders to enter China for up to 30 days without a visa [2] - The National Health Commission reported a slowdown in the upward trend of COVID-19 cases nationwide, with most provinces reaching a peak or showing a downward trend [2] - MSCI included five new stocks in its MSCI China A Index, bringing the total to 394, with 246 from Shanghai and 148 from Shenzhen, making China the largest weight market in the MSCI Emerging Markets Index [3] Group 2 - The Ministry of Finance reported that from January to April 2025, state-owned enterprises had total operating revenue of 262,755 billion yuan, remaining flat year-on-year, while total profit decreased by 1.7% to 13,491.4 billion yuan [3] - A meeting on deepening China-EU semiconductor cooperation emphasized the importance of collaboration in the global semiconductor supply chain and the need for a stable policy environment [4] - The National Healthcare Security Administration announced a verification of retail pharmacy pharmacists to ensure compliance with labor contracts and prohibit "hanging certificates" [6] Group 3 - Fujian Province's government issued a plan to boost consumption, focusing on promoting the replacement of old products with new ones and enhancing service consumption [5] - Guangdong Province's government outlined key points for digital construction by 2025, aiming to foster the data industry and enhance data trading capabilities [5] - The Ministry of Industry and Information Technology warned users about a fraudulent app named "Tencent Payment," which falsely claimed to be associated with Tencent [6] Group 4 - Companies like Zhongqi Co. have project approval for chlorantraniliprole but have not yet commenced production [9] - Tongda Electric's stock may face risks due to market sentiment and irrational speculation [9] - China Energy Construction's subsidiary won a coal power project worth approximately 145.86 billion yuan [10]

Group 1 - The Central Committee of the Communist Party and the State Council issued regulations on frugality and waste reduction in government agencies [1] - The Ministry of Commerce announced the final ruling on anti-dumping investigations for imported urea-formaldehyde from the US and Europe [1] - The number of visitors to museums nationwide reached 1.49 billion in 2024 [1] Group 2 - The Beidou system has fully entered the standard systems of 11 international organizations [1] - The AG600 "Kunlong" aircraft has completed its production test flight [4] - The "Happiness Connection" marriage service by the All-China Women's Federation has conducted over 10,000 matchmaking events [4] Group 3 - The FBI confirmed the suspect in the explosion incident in Palm Springs, California [6] - The Mexican Navy training ship collided with the Brooklyn Bridge, resulting in 2 deaths and multiple injuries [10] - Severe weather in the US has caused at least 28 deaths and left over 400,000 users without power [10]

Group 1 - Nvidia CEO Jensen Huang announced plans to adjust the next generation of products in China, indicating that the next chip will not be from the Hopper series due to its limitations [3] - Nvidia reported that the Chinese market generated $17 billion in revenue, accounting for 13% of the company's total sales in the fiscal year ending January 26 [6] - Deep Blue CEO clarified that his comments about employees taking time off to travel were misinterpreted and emphasized that there was no intention to eliminate employees [3] Group 2 - A generous anonymous alumnus donated 100 million yuan to Fudan University to support the development of its philosophy department [3] - Xiaomi's President revealed that CEO Lei Jun is currently preparing for an upcoming product launch event [6] - WeChat's HarmonyOS version is undergoing a cautious rollout of biometric payment features, with a focus on security [8] Group 3 - Qunar's CEO announced the company's readiness for a fourth entrepreneurial phase, leveraging AI to enhance its services and maintain rapid growth [8] - The Chinese automotive industry saw a 6% year-on-year increase in exports, with several companies establishing their own ocean transport fleets to reduce costs and stabilize supply chains [18] - The data industry in China is projected to reach a scale of 7.5 trillion yuan by 2030, with a current annual data production volume of 41.06 zettabytes [24]

Core Insights - The launch of the Shenzhen-Hong Kong cross-border data security and convenience channel aims to enhance data transmission safety and efficiency between the two regions [1][2] - The establishment of the Qianhai Data Industry Fund, with a total scale of 500 million yuan, is intended to foster a leading data industry cluster in China [2] Group 1: Cross-Border Data Channel - The Shenzhen-Hong Kong cross-border data security channel is guided by the Shenzhen Municipal Cyberspace Administration and relies on the National (Shenzhen·Qianhai) New Internet Exchange Center [1] - The channel will implement a "three-in-one" framework, including a dedicated security channel, a cross-border data inspection station, and a comprehensive service center [1] - The initial application of the channel will focus on the healthcare sector, facilitating cross-border medical services for residents in the Greater Bay Area [1] Group 2: Data Industry Fund - The Qianhai Data Industry Fund is co-funded by the Qianhai Management Bureau and the Baoan District Government Data Bureau, with a total scale of 500 million yuan [2] - The fund will primarily invest in data resources, technology, services, applications, security, and infrastructure, aiming to cultivate high-growth data technology enterprises [2] - The Qianhai Management Bureau plans to establish a robust mechanism for efficient and secure cross-border data flow to support international data circulation [2]