Important Market News - The People's Bank of China and the State Administration of Foreign Exchange issued measures to support financial integration between the two sides of the Taiwan Strait, focusing on optimizing the financial ecosystem and enhancing cross-border trade and investment facilitation in Fujian [1] - U.S. stock indices saw slight gains, with the S&P 500 rising 0.38% to a new closing high since late February, and the Dow Jones increasing 0.24% to a new high since early March [1] - International gold prices increased, with spot gold rising 0.93% to $3386.02 per ounce, and crude oil prices also strengthened, with U.S. oil up 1.04% to $68.86 per barrel [2] Industry Insights - Ant International is accelerating investments in global treasury management and plans to apply for stablecoin licenses in Hong Kong and Singapore, with the stablecoin regulations set to take effect on August 1 [3] - The World Bank has lifted its ban on nuclear financing to accelerate the development of low-emission technologies, aiming to meet the growing electricity demand in developing countries [4] - NVIDIA's CEO highlighted the significant growth potential in autonomous vehicles and robotics, with the autonomous driving market in China expected to grow from 87.5 billion yuan to 482 billion yuan from 2020 to 2024, reflecting a compound annual growth rate of 53.6% [5] Company Updates - Luo Xin Pharmaceutical announced a plan for a major shareholder to reduce its stake by up to 10.44 million shares, representing 0.96% of the total share capital [6] - Enjie Co., Ltd. disclosed plans for two investment entities to reduce their holdings by a combined total of up to 1.15 million shares, representing 1.19% of the total share capital [6] - Qihua Electronics reported plans for shareholders to reduce their stakes by a total of 0.5682% and 0.4318% of the total share capital, respectively [7]

Group 1: Aviation Incident - An Indian Airlines Boeing 787 aircraft crashed shortly after takeoff from Gujarat, India, resulting in at least 265 fatalities, with only one survivor among the 242 onboard [5][6][8] - The crash also caused injuries to at least 50 ground personnel, who were hospitalized following the incident [5] Group 2: Corporate Developments - Suzhou Huichuan United Power System Co., Ltd. received approval for its initial public offering (IPO) from the Shenzhen Stock Exchange [3] - Jiewa Special Microelectronics Co., Ltd. submitted its IPO application to the Hong Kong Stock Exchange [4] Group 3: Technology and AI - Alibaba's chairman acknowledged past mistakes and emphasized the company's commitment to regaining its leadership in the tech sector, particularly in AI and cloud infrastructure, with a planned investment of over 38 billion yuan in the next three years [8] - The smart glasses market has seen explosive growth, with sales volume increasing over 800% year-on-year, and projections indicate that global shipments will reach 12.8 million units by 2025, with China leading the market [13] Group 4: Automotive Industry - Neta Auto faced internal turmoil as employees protested for unpaid wages, leading to a temporary shift to remote work [6][7] - GAC Toyota announced a partnership with Xiaomi to integrate smart home technology into its vehicles, enhancing the user experience [10] - GAC Toyota also deepened its collaboration with Huawei, moving from point-to-point cooperation to a more comprehensive partnership [12] Group 5: Market Trends - The U.S. stock market saw all three major indices rise, with the S&P 500 up by 0.38% and notable movements in large tech stocks [14] - OpenAI is reportedly in discussions with Saudi and Indian investors regarding a $40 billion funding plan [19]

Core Viewpoint - Elon Musk is urging the EU to expedite the approval process for Tesla's Full Self-Driving (FSD) technology, emphasizing that delays are detrimental to safety in Europe [1] Group 1: Tesla's FSD Technology - Musk expressed frustration over the slow approval process from Dutch authorities and the EU regarding Tesla's FSD technology [1] - He highlighted that using advanced Autopilot can reduce traffic injuries by four times, indicating the potential safety benefits of the technology [1] Group 2: Call to Action - Musk is calling on European citizens to pressure their regulatory authorities to accelerate the approval of Tesla vehicles, which he claims would enhance safety [1]

Group 1 - Tesla has been testing the Model Y's autonomous driving system on public roads in Austin without any accidents reported, with plans for the first self-delivery of the Model Y autonomous vehicles in June [1] - Self-delivery refers to Tesla's initiative to use Full Self-Driving (FSD) technology to autonomously transport vehicles from the factory to customers, marking a significant step in the scaling of autonomous driving technology [3] - Elon Musk announced his intention to continue serving as Tesla's CEO for the next five years, indicating a temporary withdrawal from the political arena to focus on his business ventures [8] Group 2 - Musk has returned to a 24/7 work schedule, emphasizing the need to concentrate on Tesla, X/xAI, and the upcoming Starship launch, as the company is rolling out critical technologies [6] - A White House official confirmed that the administration would begin processing Musk's departure from his role as a special government employee, with his term limited to 130 days [4]