Pre-market report on A shares | US says US and Iran are expected to reach an agreement! S&P, Nasdaq reach new highs. Major news for Tesla, Inc. (TSLA.US)! Surged over 7%.

Pre-market news 1. The US says it's likely to reach an agreement with Iran! S&P hits historic high, Nasdaq rises for the eleventh consecutive time Type: Market Sentiment: Positive Overnight, the US stock market Nasdaq and S&P 500 continued to strengthen, reaching historic highs. Nasdaq rose for the eleventh consecutive time, with tech stocks rising across the board. President Trump said that the Iran war is "very close to ending," indicating a possible agreement this week. In addition, positive start to the earnings season has become another important support for this round of market. Analysts say that within just two weeks, US stocks have shifted rapidly from concerns about war leading to inflation outbreaks to concerns about continuous buying, which is very rare in the history of the US stock market. 2. 0.5 to 1.5! The central bank raises the leverage ratio of foreign loans, and foreign-funded banks' overseas business opportunities are here Type: Industry Sentiment: Positive The central bank and others issued a notice to raise the leverage ratio for foreign loans of domestic and foreign-owned banks, Sino-foreign joint venture banks, and foreign bank branches in China from 0.5 to 1.5. The leverage ratio for the Export-Import Bank's foreign loans was raised from 3 to 3.5. Analysis points out that the previous leverage ratio of 0.5 was insufficient and to some extent limited the business space of foreign-funded banks. The uniform raise to 1.5 aims to create a more level playing field for them. This will enhance the credit delivery capacity to support national strategies such as enterprises "going out". 3. State Council releases document deepening investment approval system reform! Expert interpretation is here Type: Macro Sentiment: Positive On April 15, the State Council Office issued the "Opinions on Deepening the Reform of the Investment Approval System," aimed at further optimizing the allocation of investment approval authority, improving the convenience of investment services, strengthening the full-process supervision of investment projects, and focusing on expanding effective investment. Experts point out that the approval of government investment projects is a key link in government investment decision-making. By cracking down on bid evasion and supporting private enterprises' participation in major national projects, the government aims to further stimulate private investment vitality. 4. Contemporary Amperex Technology issues multiple important announcements! Involving dividends, first-quarter reports, and major external investment actions Type: Company Sentiment: Positive Contemporary Amperex Technology announced that a dividend of 69.57 yuan per 10 shares will be distributed for the 2025 fiscal year, totaling over 30.4 billion yuan. It also disclosed its first-quarter report for this year, with a net profit of 20.738 billion yuan, a 48.52% increase year-on-year. In addition, Contemporary Amperex Technology announced the establishment of a wholly-owned subsidiary, Times Resources Group, aiming to further expand into the upstream key raw material field, integrate existing mining assets, and explore high-quality mineral resources projects at home and abroad to ensure the security and stability of the supply chain. Investment Calendar Release of China's first-quarter GDP and other data Investment Tips Investment Tips: Buying a good company at a reasonable price is far better than buying a mediocre company at a cheap price. -Warren Buffett Institutional Views 1. Orient: The rebound of the stock indexes indicates a weakening risk appetite in the market. Innovative drugs, lithium batteries, and new materials are worth short-term attention. 2. Debont Securities: The market is shifting from aggressive repair to consolidation at high levels. Focus on dividend, weight, and defense attributes. 3. Founder: A-shares are likely to maintain a fluctuation pattern in the short term, focusing on opportunities in new production forces and overflow of overseas security needs. Positive and Negative Outlook 1. Tesla industry chain receives good news! Musk announces successful mass production of AI5 chips, stock price rises more than 7% Type: Market Hot Topic Zheshang: Optimistic about the valuation repair potential of Tesla concept stocks. Tesla's supply chain new energy and Siasun Robot & Automation and other new business have potential for growth, making the leading and high-profit margins in the energy storage industry chain a profit core. 2. Continuous policy support for innovative drugs! Ministry of Industry and Information Technology says will support the early production, listing, and hospital admission of innovative drugs Type: Policy Focus Tianfeng: Chinese innovative drugs have taken the lead in some areas in the race of new mechanisms and targets. With policy support and product enhancement, Chinese innovative drugs are expected to continue to achieve domestic substitution in the domestic market. 3. China National Energy Administration: Boldly promote innovation in hydrogen energy trading mechanisms Type: Policy Focus Huatai: Currently, China is constructing a green electricity-green hydrogen-green fuel full industry chain advantage. In terms of green hydrogen, by 2024, China's electrolysis cell production capacity is about 48GW, accounting for about 60% of the global output, it has advantages in adapting to large-scale production of alkaline cells. Announcement Express Positive announcements 1. Contemporary Amperex Technology: Net profit for the first quarter was 20.738 billion yuan, a 48.52% year-on-year increase 2. JHT Design Co., Ltd.: Net profit for the first quarter increased by 222% year-on-year due to the increase in sales of test sorting machine products 3. Guangdong Dtech Technology: Net profit for the first quarter increased by 259% year-on-year, driven by AI computing power Negative announcements 1. Tech-bank Food: The company is experiencing losses at current pig price levels 2. Shede Spirits: Net profit in the first quarter decreased by 33.10% year-on-year 3. Qinhuangdao Tianqin Equipment Manufacturing: Shareholders Pan Jianhui and Zhang Peng plan to reduce their holdings by 1% Overseas Markets Selected Brothers' Tip: Negotiation optimism and strong financial reports boost the market, S&P hits a historic high, Nasdaq rises for the eleventh consecutive day. On the market, large tech stocks are rising, with Tesla up over 7%, NVIDIA up 1.2% with 11 consecutive gains, and Apple up nearly 3%; Nasdaq's Chinese Dragon Index has seen a fourth day of strong performance. This article was reproduced from "Tencent Self-selected Stocks", GMTEight Editor: Jiang Yuanhua.