Category: Flash News
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2025-0403
On April 3rd, in the first quarter, the allocation of trusts by listed companies showed a significant recovery trend. Data shows that in the first quarter of this year, a total of 30 A-share listed companies subscribed to trust products, with a total amount of 4.815 billion yuan, and the number of participating companies increased by more than 40% month on month.
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On April 3rd, with the disclosure of the 2024 annual reports of six state-owned banks, the performance and business scale of their wealth management subsidiaries have also surfaced. In 2024, the six major state-owned bank wealth management subsidiaries all delivered impressive results: product management scale and net profit both achieved positive growth. Among them, the management scale of some wealth management subsidiaries increased by over 30% year-on-year, and the net profit increased by over 20% year-on-year. Specifically, the management scale of the six state-owned banks’ wealth management subsidiaries has all exceeded one trillion yuan, with a total scale of 10.05 trillion yuan, a year-on-year increase of 19.64%; The total net profit reached 9.236 billion yuan, a year-on-year increase of 16.12%.
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On April 3rd, a chart presented by Trump showed that the United States will impose a 24% equivalent tariff on Malaysia, a 37% equivalent tariff on Bangladesh, a 10% equivalent tariff on Singapore, a 46% equivalent tariff on Vietnamese imports, and a 17% equivalent tariff on Philippine imports.
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On April 3rd, a judge in the Southern District of New York Federal Court made a decision to permanently dismiss criminal charges against New York Mayor Eric Adams for alleged corruption. In a document signed on the same day, the judge agreed to the federal prosecutor’s request to withdraw the criminal charges against Adams for corruption, but did not agree to the prosecutor retaining the right to reopen the lawsuit in the future. The position of the US Department of Justice in this case implies that officials may receive special treatment if their actions align with the current government’s policy priorities. This is fundamentally incompatible with the fundamental principle of judicial equality. Therefore, he decided to permanently withdraw this case.
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2025-0402
On April 2nd, at 24:00 today, domestic refined oil prices may rise again. According to Xu Lei, a refined oil analyst at Longzhong Information, concerns about supply disruptions in some regions and the decline in US crude and refined oil inventories have provided favorable support, overshadowing the potential decline in oil demand prospects due to trade tariffs. Due to the continuous rise in international crude oil prices and the positive range of crude oil change rates, there is a strong expectation of an upward adjustment in the retail prices of refined oil products in this round. According to the data monitoring model of Zhuochuang Information, the expected increase in gasoline and diesel prices is 215 yuan/ton, with a price increase of 0.17 yuan for 92 # gasoline and 0.18 yuan for 0 # diesel, respectively. If the retail price limit for refined oil products is confirmed to be raised in this round, private cars will pay an additional 8.5 yuan for filling a 50L tank of oil at a time.
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On April 2nd, NIO Energy and Changsha Economic Development Group signed a cooperation agreement on April 1st, planning to jointly build 100 “photovoltaic storage charging and swapping” integrated comprehensive energy stations in Hunan. Both parties will engage in deep cooperation in the construction of new energy vehicle charging and swapping infrastructure, smart energy management systems, virtual power plant access, and other fields to promote green and low-carbon development.
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On April 2nd, the Japanese Diet passed the 2025 fiscal year budget on March 31st, with both the total budget and defense budget reaching historic highs. The total budget for Japan’s fiscal year 2025 is 115.1978 trillion yen (approximately 149 yen per US dollar), setting a new record for the 2023 fiscal year budget of 114.38 trillion yen. The defense budget for the new fiscal year has increased to approximately 8.7 trillion yen, breaking last year’s record of 7.9496 trillion yen.
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On April 2nd, scientists from Brown University in the United States and Delft University of Technology in the Netherlands developed a new generation of ultra-thin sails with extremely strong reflective ability by combining ultra-thin and highly reflective materials with artificial intelligence (AI) optimized nanoscale design. This reflector, propelled by laser radiation pressure, has the potential to achieve high-speed space travel. The relevant paper was published in the latest issue of the journal Nature Communications.
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On April 2nd, a research team from the National University of Singapore has developed an innovative ultra efficient computing unit that can simulate the behavior of electronic neurons and synapses, bringing revolutionary changes to the field of neuromorphic computing. This achievement has been published in the latest issue of Nature magazine, attracting widespread attention from leading companies in the semiconductor industry.
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① Pending the opening of a new round of price adjustment window for domestic refined oil products; ② Pending US President Trump’s announcement of import tariff policy; ③ 20: 15 ADP employment figures in March in the United States; ④ 22:00 Monthly rate of factory orders in February in the United States; ⑤ 22:30 US EIA crude oil inventory and EIA strategic petroleum reserve inventory for the week ending March 28; ⑥ At 03:00 the next day, US President Trump announced details of equivalent tariffs; ⑦ At 03:45 the next day, European Central Bank President Lagarde delivered a speech At 04:00 the next day, US President Trump delivered a speech At 04:30 the next day, Federal Reserve Governor Kugler delivered a speech At 06:00 the next day, Australian Federal Reserve Chairman Brock attended the hearing.
