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Ministry of Commerce Announcement No. 21 of 2026 announces the trade ban on five Chinese companies by the United States for implementing sanctions related to Iranian oil production.

According to the relevant provisions of the National Security Law of the People's Republic of China, the Foreign Relations Law of the People's Republic of China, the Anti-Foreign Sanctions Law of the People's Republic of China and its implementing regulations, and the Measures for Blocking Improper Extraterritorial Application of Foreign Laws and Measures, the working mechanism of the "Blocking Measures" has conducted a comprehensive assessment in accordance with the law and confirmed that the sanctions imposed by the United States on companies such as Hengli Petrochemical Refinery Co., Ltd. based on their involvement in Iranian oil transactions constitute an improper extraterritorial application. In order to safeguard national sovereignty, security, and development interests, and protect the legitimate rights and interests of Chinese citizens, legal persons, or other organizations, the Ministry of Commerce, based on Article 2, 4, 6, 7 of the "Blocking Measures" and the decisions of the working mechanism, hereby issues the following injunction: Recognizing, not enforcing, and not complying with the US's sanctions on companies such as Hengli Petrochemical Refinery Co., Ltd., Shandong Shouguang Luqing Petrochemical Co., Ltd., Shandong Jincheng Petrochemical Group Co., Ltd., Hebei Xinhai Chemical Group Co., Ltd. and Shandong Shengxing Chemical Co., Ltd. based on being listed on the "Specially Designated Nationals List", freezing assets, and prohibiting transactions under Executive Orders 13902 and 13846. This injunction shall take effect from the date of publication.

Global crude oil inventories hit bottom! Three energy giants warn: the market has yet to feel the real impact.

The actual blockade of the Hormuz Strait has caused widespread impact on the global supply chain, driving up prices of commodities such as oil, aluminum, and helium. The increase in gasoline and diesel prices has further escalated logistics transportation costs.

U.S. stock indexes hit new highs, but the decline in individual stocks far exceeds the gains? Goldman Sachs: Momentum is crowded, and a reversal will trigger a sharp pullback.

For investors who expect the betting market to shift immediately, Goldman Sachs believes it is too early: before AI trading becomes fully mature, it may be difficult for the market breadth to return to normal.

Guotai Haitong: The U.S. Q1 economy is showing an upward K-shaped pattern with "inflation without stagnation", and the threshold of interest rate sensitivity has increased, causing a bottom upshift in U.S. bond yields.

A vivid description of the overall performance of the U.S. economy in the first quarter is that the opening of the "K" has slightly widened, but the overall "K" shape has moved upward.

April PMI shows that companies are increasing precautionary stockpiling, CMSC: pay attention to the input effects of the Middle East situation and the implementation of policies to expand domestic demand.

In April, the manufacturing PMI recorded 50.3%, down 0.1 percentage points from March. The service industry PMI recorded 49.6%, down 0.6 percentage points from March; the construction industry PMI recorded 48.0%, down 1.3 percentage points from March.

AI CPUs increase demand for DDR5 memory, storage chips "super cycle" continues until 2027.

As the demand for general-purpose DRAM outside of HBM increases, the end of the "super cycle" for memory chips may be delayed from the previously expected 2026 to 2027.

The dream of the "super app" by Walt Disney Company (DIS.US) has been reignited by the new CEO.

According to informed sources, Disney's top management is discussing integrating its various mobile applications and plans to build its streaming platform into the core entrance of Disney's entire business ecosystem.

From intelligent toilets to chip card plates: How TOTO became the most underestimated "hidden champion" in the AI boom.

In the global AI arms race, names like NVIDIA, TSMC, and Samsung frequently appear in the headlines; but deep within the semiconductor manufacturing industry, there is another group of lesser-known suppliers quietly enjoying the dividends of this technological feast.

Taking action on the foreign exchange market for the second time before the holiday? The market even speculates that "Japan not only raised the yen, but also lowered oil prices."

Just before the "Golden Week" holiday in Japan (May 3rd to 6th), Japan seemingly intervened in the foreign exchange market twice in less than 48 hours.

Fundraising Doubles! AI chip new darling Cerebras (CBRS.US) increases IPO scale to $4 billion, fastest roadshow starting next week.

According to sources, artificial intelligence (AI) chip manufacturer and data center operator Cerebras Systems Inc. is planning to raise up to 4 billion US dollars through its IPO.

Seize the "embodied intelligence" high ground! Meta (META.US) acquires ARI to boost its humanoid Siasun Robot & Automation layout, engaging in a head-to-head competition with Tesla, Inc. and Alphabet Inc. Class C.

Meta recently announced its acquisition of the robot artificial intelligence (AI) startup company Assured Robot Intelligence (ARI), marking a significant step for this social media giant in the field of embodied intelligence.

Nickel smelting costs have double "boosted", CICC optimistic about short-term nickel prices and revaluation of nickel and cobalt companies.

Zhongjin recently published a research report, stating that two recent changes, Indonesia's modification of the HPM calculation formula and the suspension of production for maintenance at the Huafie project, have led to an accelerated increase in nickel smelting costs, which is expected to support a rise in nickel prices.

GameStop Corp. Class A(GME.US) The gamble of the $100 billion market value of the leader: Taking over eBay (EBAY.US), is it just the first step in his astronomical compensation package?

The Game Relay Station is brewing a bold plan that could overturn traditional M&A logic.

China Securities Co., Ltd.: How do you view the UAE's withdrawal from OPEC?

On April 28th, the United Arab Emirates announced that they will withdraw from OPEC and OPEC+ starting from May 1, 2026. How do you view the impact of this event?

The US military uses AI technology to clear mines in the Strait of Hormuz.

The U.S. Navy is working with Domino Data Lab to conduct mine sweeping operations in the Strait of Hormuz using artificial intelligence technology. According to the contract between the two parties, Domino Data Lab is training underwater drones to identify new types of sea mines through artificial intelligence technology. Domino Data Lab has stated that their technology can reduce the training time for underwater drones from 6 months to just a few days.

Key compromise reached in US cryptocurrency legislation: stablecoin revenue provisions break the ice, "Clear Act" set to accelerate.

After months of intense gamechasing, the legislation for the structure of the cryptocurrency market in the United States has finally made a major breakthrough.

Retail investors once again attract the attention of stocks? GameStop Corp. Class A (GME.US) plans to acquire eBay, with the CEO aiming for a market value of one trillion yuan.

Insiders said that GameStop's market value at the close of last Friday was about $11 billion, and quietly built up a position in eBay stock before the potential takeover bid was made.

Trump says hostilities between US and Iran have ended, sparking controversy by refusing congressional authorization.

Trump announced that the US-Iran "hostilities have ended" and refused to seek authorization from Congress based on the War Powers Resolution, sparking widespread controversy within the US over the legality of his military actions.

Exxon Mobil Corporation (XOM.US) CEO warns that oil prices still have room to rise, and the impact of the closure of the Strait of Hormuz has not fully manifested yet.

ExxonMobil CEO Darren Woods said that oil prices may still face further upward pressure in the future.

Apple Inc. (AAPL.US) Service business grows strongly, showing strong profitability resilience against rising memory costs. Stock price rises more than 3%.

Apple's quarterly performance and latest revenue guidance both exceeded market expectations, boosting investor confidence.

Trump plans to raise EU car tariffs to 25%, European car companies such as Volkswagen may be affected.

Trump said on Friday that he plans to increase the import tariffs on European Union cars and trucks to 25%, because the EU failed to fulfill the promises made in the trade agreement reached between the two sides.

Overnight US stocks | Nasdaq and S&P 500 indices hit new all-time highs again, SanDisk (SNDK.US) rose by 8.25%

As of the close, the Dow Jones fell 152.87 points, a decrease of 0.31%, to 49499.27 points; the Nasdaq rose 222.13 points, an increase of 0.89%, to 25114.44 points; and the S&P 500 index rose 21.11 points, an increase of 0.29%, to 7230.12 points.

Due to the AI boom depleting inventory, Apple has raised the starting price of the Mac Mini by $200.

Due to demand-driven inventory shortages and tight processor supply for artificial intelligence, Apple has raised the starting price of its Mac mini desktop computer from $599 to $799. The company has discontinued the entry-level configuration with the M4 processor and 256GB storage space; the computer's current starting configuration still has the same chip, but with storage increased to 512GB. Apple CEO Tim Cook said the shortages are related to the supply capabilities of system-level chips, and demand for Mac mini and Mac Studio for running artificial intelligence is higher than expected.

Inventory growth drives US manufacturing PMI to four-year high, economists warn future is not optimistic.

The manufacturing sector in the United States showed a significant expansion in April, but the growth momentum primarily came from companies hoarding inventory in advance to cope with rising costs and supply chain uncertainties.

US Stock Market Move | Cloud computing service providers strengthen, Nebius (NBIS.US) rises more than 10%

Cloud computing service providers are strengthening, as of the time of writing, Nebius has risen by more than 10%.

US Stock Market Move | Apple Inc. (AAPL.US) rose by more than 5% in Q2, with both revenue and net profit achieving double-digit growth.

As of the time of writing, the stock has risen by over 5%, to $285.39.

After experiencing the strongest April in six years, Wall Street envisions the "AI bull market narrative" shattering the "May curse".

The three major stock indexes in the US market opened higher collectively, continuing the momentum of the largest monthly increase in years - in April, profit expansion expectations around strong spending on AI computing power infrastructure can be said to outweigh all risk factors.

US Stock Market Move | Energy storage concept stocks collectively surged and broke through the top, with SanDisk rising more than 4%.

Energy storage concept stocks collectively rose and broke through the top, with SanDisk and Western Digital wiping out their initial losses.

High oil prices ignite upstream business! Chevron Corporation (CVX.US) Q1 profits exceed expectations, reaffirming $10-20 billion share buyback target.

The high oil prices related to the US-Iran conflict helped boost the performance of its upstream business.

High oil prices and war impact are playing on the same field! Upstream profits of oil and gas giant Exxon Mobil Corporation (XOM.US) increased by 63%, while Middle East exposure is depressing cash flow.

In the context of high oil prices caused by geopolitical conflicts in the Middle East, the company's performance has been strong.

Preview of US Stock Market | The three major stock index futures are mixed, the game between the US and Iran may bring new variables, Apple Inc. (AAPL.US) rose more than 3% before the market opening.

The three major stock index futures in the US are mixed. As of the press time, Dow futures rose 0.37%, S&P 500 index futures rose 0.27%, and Nasdaq futures fell 0.03%.

Facing pressure from Trump, the two energy giants in the United States refuse to increase oil production.

In the face of the soaring oil prices to $126 and the severe energy crisis, ExxonMobil and Chevron are resisting the White House's pressure to increase production. The two giants are refusing to compromise for short-term crises, sticking to their strategy of prioritizing free cash flow over capacity expansion. Despite first-quarter profits being dragged down by hedge losses, they are achieving maximum capital gains by operating at record refinery utilization rates and precisely harvesting high-priced refined products in a volatile market.

The scale of the Japanese government's foreign exchange market intervention has surfaced! It is suspected to have propped up the yen with $34.5 billion. The foreign exchange market has entered a "high volatility golden week".

According to analysts' analysis of the central bank's accounts, Japan's first intervention in the exchange rate since July 2024 to support the yen may have cost about $34.5 billion. On Thursday evening, the yen appreciated significantly, with Japanese Finance Minister Katayama warning of imminent "bold action," and a source later confirming that authorities had entered the market.

European electricity giant Ceres Power's stock price soared 1000%! The narrative axis of "AI at the end is electricity" shifts to fuel cells.

Ceres Power Holdings Plc stock price continues to rise, with nearly a 1000% increase in the past year. The market's optimism for fuel cell technology has driven the stock to reach a new high not seen in many years.

In 2027, AI capital expenditure is expected to reach $1 trillion.

Bank of America raised the global cloud vendor capital expenditure for 2026 to over $800 billion (a year-on-year increase of 67%), and it may exceed a trillion in 2027.

Under the wave of the "storage super cycle", this intelligent toilet giant Toto has exploded in popularity! Toto accurately secured NAND production capacity and its stock price saw a record daily increase.

Driven by strong demand for artificial intelligence, Japanese high-quality bathroom product manufacturer Toto Co., Ltd. has achieved strong performance growth and announced plans to increase investment in chip component business. Following the announcement, the company's stock surged as much as 18% on the Tokyo Stock Exchange.

September is a critical juncture! JPMorgan Chase: By then, crude oil inventories will be close to the limit, and the Strait of Hormuz will "definitely reopen no matter what"

JPMorgan Chase analysis says if the blockade of the Strait of Hormuz continues, global crude oil inventories will hit bottom in September and the global oil circulation system will face a substantial risk of failure. Before September, "the strait will reopen no matter what."

EB Securities: Hong Kong stock market expected to continue to recover, focus on technology sector.

In April, the Hong Kong stock market rebounded, but the market as a whole is still in a recovery phase. Currently, Hong Kong stocks in the technology sector are at a low valuation, with negative news coming to an end, capital inflows, and AI catalyzing a four-fold resonance window, highlighting their allocation value.

New stock news | Changhong New Materials submits its GEM listing application to the Hong Kong Stock Exchange for the second time, with 11 heating product production lines located in Changchun City.

According to the disclosure on April 30, 2026 by the Hong Kong Stock Exchange, Changhong New Materials Group Limited (referred as Changhong New Materials) has submitted a second listing application to the Hong Kong Stock Exchange GEM, with Jianquan Financing Limited being its exclusive sponsor.

The Middle East situation and rising costs are squeezing Toyota Motor Corp. Sponsored ADR (TM.US), quarterly profits may face "four consecutive declines"

Toyota's upcoming financial report is expected to reveal that the company's operating profit has seen a year-on-year decline for the fourth consecutive quarter.

New stock news | Changhong New Materials submits second application to Hong Kong Stock Exchange GEM

According to the disclosure by the Hong Kong Stock Exchange on April 30, 2026, Changhong New Materials Group Limited (referred to as Changhong New Materials) resubmitted its application for listing on the GEM of the Hong Kong Stock Exchange, with Jianquan Financing Limited as its exclusive sponsor.

NIO Inc. (09866) delivered a year-on-year increase of 22.8% in April. The ES9 will be launched and delivered in late May.

In April 2026, Nio Inc. (09866) delivered 29,356 new vehicles, a year-on-year increase of 22.8%.

LI AUTO delivered 34,085 vehicles in April.

On May 1st, according to the official Weibo account of Ideal Car-W(02015), Ideal Car delivered 34,085 new vehicles in April 2026. As of April 30, 2026, the cumulative delivery volume of Ideal Car in history reached 1,669,442 vehicles.

Middle East impact raises costs! Consumer giant Unilever PLC Sponsored ADR (UL.US) is going to raise prices.

Unilever announced that it will raise prices for some products. The company expects annual cost inflation to reach 750 million to 900 million euros, up to 500 million euros more than initially anticipated. The chief financial officer stated that there will be "multiple small price increases," and if inflation continues, the increases may reach 2% to 3%. The price hikes will mainly target household and personal care products, focusing on the markets in Asia, Africa, and Latin America, and will be implemented in the second half of the year.

New Stock News | Anhui Huaheng Biotechnology Co., Ltd. (688639.SH) submitted a listing application to the Hong Kong Stock Exchange and realized industrialization of a series of amino acid anaerobic fermentation processes.

According to the disclosure by the Hong Kong Stock Exchange on April 30, 2026, Anhui Huaheng Biotechnology Co., Ltd. (referred to as Huaheng Biotechnology (688639.SH)) has submitted its listing application to the Hong Kong Stock Exchange, with Huatai International acting as the exclusive sponsor.

Spokesperson of the Ministry of Commerce answers questions from reporters on the FCC's review and approval of testing certification and related restrictions in the telecommunications field.

The spokesperson of the Ministry of Commerce stated that the Federal Communications Commission of the United States has abandoned the principle of technological neutrality, generalized the concept of national security, and frequently introduced restrictive measures without factual basis, discriminating against companies and products from countries including China. This seriously harms the interests of China and other relevant trading partners.

New stock news | Anhui Huaheng Biotechnology Co., Ltd. (688639.SH) filed with the Hong Kong Stock Exchange.

According to the disclosure by Hong Kong Stock Exchange on April 30, 2026, Anhui Huaheng Biological Technology Co., Ltd. (abbreviated as: Huaheng Biology (688639.SH)) has filed an application for listing with the Hong Kong Stock Exchange, with Huatai International as the exclusive sponsor.

The SEC approves Nasdaq to launch predictive options tied to the 100 Index and its mini-index.

The SEC has approved Nasdaq's proposal to change its rules, allowing it to list and trade prediction market options tied to benchmark indices on its MRX exchange.

New stock news | Junqi Holdings Limited submitted an application to the Hong Kong Stock Exchange. In 2025, the company has a 12.8% market share of the Chinese beauty service platform in Taiwan.

According to the disclosure by the Hong Kong Stock Exchange on April 30, 2026, JunQi Holdings Limited has submitted an application for listing to the Hong Kong Stock Exchange, with Guotai Junan as the sole sponsor.

The US announced the "end of hostile actions" towards Iran, shifting strategic focus towards deepening economic blockades and diplomatic confrontations.

Senior officials of the United States government announced that the "hostile actions" from the joint military operation against Iran, codenamed "Operation Epic Fury," which began on February 28th of this year, have ended.

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