Core Viewpoint - The article discusses the impact of international disputes on financial markets and emphasizes the importance of maintaining confidence in achieving success amidst these challenges [1]. Group 1: Financial Sector Insights - The People's Bank of China aims to support Beijing in becoming a highland for technology finance and to promote the internationalization of the Renminbi [1]. - The China Securities Regulatory Commission plans to accelerate the development of the Beijing Stock Exchange to better serve innovative small and medium-sized enterprises [1]. - U.S. President Trump has called for the Federal Reserve to lower interest rates, criticizing Chairman Powell for being slow to act [1]. Group 2: Shipping and Commodities - The shipping index for Europe showed fluctuations, with the 08 contract closing at 2387.9 points, up 5.84% [2]. - The SCFIS European line index was reported at 1265.30 points, down 2.9%, indicating a narrowing decline [2]. - The outlook for the shipping market suggests a return to rationality after a period of heightened expectations, with the June contract expected to fluctuate within a narrow range [2]. Group 3: Oil and Industrial Production - Moody's downgraded the U.S. sovereign credit rating from "Aaa" to "Aa1" due to high government debt of $36 trillion and a heavy interest burden [3]. - China's industrial production showed a year-on-year increase of 6.1% in April, indicating a continued growth trend [3]. - Retail sales in April reached 37,174 billion yuan, growing by 5.1% year-on-year, reflecting a slight acceleration compared to the first quarter [3]. Group 4: Economic Data and Trends - China's April economic data showed a slight recovery in consumption, with retail sales growth at 5.1% year-on-year, driven by strong performance in home appliances and cultural products [5]. - The fixed asset investment growth rate remained low, and the real estate sector showed signs of a pullback [5]. - The retail sales of gold and jewelry increased by 25% year-on-year, while automotive consumption grew by 0.7% [5]. Group 5: Industry Developments - Xiaomi is set to launch its SUV model YU7 and its self-developed SoC chip, which is expected to enhance its high-end strategy [6][7]. - Goldman Sachs has a positive outlook on Xiaomi, citing its strong balance sheet and integration capabilities as key advantages [7]. Group 6: Market Performance - U.S. stock indices showed slight increases, with the environmental sector leading gains while the food and beverage sector lagged [8]. - The bond market saw a general rise, with the 10-year government bond yield falling to 1.663% [9]. - The market's risk appetite improved following progress in U.S.-China trade talks, which included the cancellation of some tariffs [9].

Group 1 - U.S. stock market opened lower but rebounded, with the S&P 500 achieving a six-day winning streak despite an initial drop of over 1% [1] - The U.S. Treasury market experienced a V-shaped reversal, indicating volatility in bond prices [1] - Gold futures saw a rebound of over 2% at one point, reflecting investor sentiment towards safe-haven assets [1] Group 2 - China’s retail sales growth slowed to 5.1% year-on-year in April, while industrial output increased by 6.1% [1] - Fixed asset investment in urban areas grew by 4% from January to April, but nationwide real estate development investment fell by 10.3% year-on-year [1] - The Chinese Ministry of Commerce criticized U.S. actions for undermining the consensus reached during high-level talks, urging the U.S. to correct its course [1] Group 3 - Major state-owned banks in China are expected to lower deposit rates, with reductions of up to 25 basis points announced this Tuesday [1] - Xiaomi plans to launch its SUV model YU7, a self-developed 3nm mobile SoC chip named Xuanjie O1, and the flagship Xiaomi 15S Pro on May 22, with over 13.5 billion yuan invested in R&D [1] - NVIDIA's CEO Huang Renxun announced the upcoming release of the next-generation GB300 system and confirmed full production of the personal AI computer DGX Spark in the third quarter [1] Group 4 - Microsoft announced its entry into the AI agent era during the Build conference, with upgrades to Microsoft 365 Copilot and GitHub coding, while Elon Musk's xAI model will be integrated into Microsoft Cloud [1]