• 2025-05
    12

    On May 12th, the postponed fourth round of indirect negotiations on the Iran US nuclear issue was held in Muscat, the capital of Oman, on May 11th local time. Iranian Foreign Ministry spokesperson Bagae posted on social media that the negotiations have now ended. Bagae said that this round of negotiations is “difficult but beneficial”. The time and location of the next round of negotiations will be announced by Oman. A senior US official said that both sides agreed to continue negotiations and resolve technical issues.

  • On May 12th, Lilly announced the detailed results of the SURMUNT-5 study. This study is an open label phase 3b clinical trial to evaluate the effectiveness and safety of tirzepatide, a GLP/GLP-1 dual receptor agonist, and semaglutide, a GLP-1 single receptor agonist, in obese or overweight adults (without diabetes) with at least one complication (such as hypertension, dyslipidemia, obstructive sleep apnea, and cardiovascular disease). At week 72, tilpotide reached the primary endpoint and all five key secondary endpoints, demonstrating superiority over semaglutide throughout the entire trial. In the primary endpoint of the study, telapride achieved a 1.47-fold relative weight loss compared to semaglutide. According to research data based on treatment plan estimation goals, at week 72, the average weight loss rate achieved by telmisartan was 20.2%, while that of semaglutide was 13.7%. The average weight loss of the Tilpotide group was 22.8kg, and the average weight loss of the Smeaglutide group was 15.0kg.

  • On May 12th, according to China Unicom, on May 9th, China Unicom Venture Capital Fund Management (Beijing) Co., Ltd. was officially registered and established. Tonghao Fund Company has a registered capital of 100 million RMB, with 100% contribution from Tonghao Capital. It is a wholly-owned third tier company of China Tonghao and its business scope includes private equity investment fund management and venture capital fund management services. Next, Tonghao Fund Company will carry out investment layout around four core areas: intelligent rail transit, intelligent low altitude, smart city, and intelligent operation.

  • On May 12th, with the completion of annual and quarterly report disclosures, multiple fund companies have conducted intensive research since May, with a total of 109 listed companies surveyed. These companies are mainly concentrated in the fields of electronics, mechanical equipment, and computers, among which 20 companies have received funding for research. According to Securities Times Data Treasure, a total of 109 listed companies have received fund research since May. According to the industry classification of Shenwan, the top three companies in the fields of electronics, mechanical equipment, and computers were surveyed, with 18, 11, and 9 companies respectively; Subsequently, the number of surveyed companies in the power equipment, basic chemical, textile and apparel, pharmaceutical and biological, and automotive sectors was 5 or more.

  • On May 12th, it has become a trend for consumer enterprises to go public overseas since the second half of 2024. It is reported that since 2025, consumer companies such as Meixue Bingcheng, Guming, Hushang Auntie, and Bawang Tea Lady, among tea beverage brands, have been listed on the Hong Kong and US stock markets. At the same time, many consumer companies such as Laoxiangji, Encounter Xiaomian, Green Tea, and Mingming Busy are also in the process of going public. It is worth noting that many of these are new consumer enterprises. Regarding the current wave of consumer companies going public overseas, analysts point out that under the policy framework of promoting consumption, on the one hand, the past few years were a peak period for consumer equity investment, and at this point, the institutions behind it have a need to exit, especially the gambling agreement, which has brought urgent listing demand; On the other hand, top consumer companies are currently facing internationalization demands, and going public will provide corresponding assistance for their international expansion and brand enhancement, in order to integrate more resources. In addition, the listing of consumer enterprises, especially new consumer enterprises, is an inevitable measure to adapt to changes in consumer trends. (Securities Times)

  • On May 12th, compared to last year, the private equity issuance market has become much more lively this year. According to the latest statistics from Private Placement Network, as of April 30th, the number of newly registered private securities investment funds this year has approached 3500, an increase of nearly 40% compared to the same period last year. At the same time, the reporter learned from the interview that with the recovery of private equity performance and the emergence of profitable effects, multiple quantitative private equity issuances have significantly rebounded, and some new products have raised a scale of over 100 million yuan. (Shanghai Stock News)

  • On May 12th, the South African Department of Agriculture confirmed that the foot-and-mouth disease outbreak in the country has spread to provinces such as KwaZulu Natal. It is reported that all new cases were tested positive at animal auctions. The Ministry of Agriculture calls on farmers nationwide to immediately restrict animal transportation, especially to avoid the movement of animals from restricted provinces. Newly purchased animals must be isolated for 28 days, and any suspected symptoms should be reported immediately.

  • On May 12th, the Palestinian Islamic Resistance Movement (Hamas) issued a statement on the evening of the 11th local time, stating that it will release the detained individual Aidan Alexander, who holds dual citizenship of the United States and Israel. The statement said that as part of the efforts made by the Gaza Strip ceasefire agreement mediators to achieve a ceasefire, Hamas has been in contact with the US government in the past few days and has expressed a “strong positive attitude”. The release of Aidan Alexander will be part of efforts to achieve a ceasefire in the Gaza Strip, open border crossings, and allow aid supplies to reach the people of the Gaza Strip. The statement said that Hamas is ready to immediately begin intensive negotiations and make every effort to reach a final agreement to stop the war, exchange detainees, and have an independent and professional committee manage the Gaza Strip to ensure that the area remains calm and stable for many years to come, while rebuilding and ending the blockade.

  • On May 12th, Omani Foreign Minister Badr posted on social media that the fourth round of talks between Iran and the United States ended in the Omani capital Muscat on the same day, and both sides put forward some “beneficial and original” ideas during the discussion. Bader also said that this meeting reflects the common willingness of both sides to reach a “dignified agreement”, and the fifth round of talks will be held after both sides report to their respective national leadership. Iran and the United States held the first round of indirect talks in Muscat on April 12, marking the first official start of negotiations between the two sides since the unilateral withdrawal of the United States from the Iran nuclear agreement in May 2018. Afterwards, the two sides held two rounds of indirect talks on April 19th and 26th respectively.

  • On May 12th, Ukrainian President Zelensky spoke out on social media, stating that Ukraine expects Russia to confirm the implementation of a comprehensive, lasting, and reliable ceasefire from the following day (May 12th). He clearly stated that Ukraine is ready to hold talks with Russia. Zelensky revealed that Ukraine has no problems in negotiations and is ready to accept any form of negotiation. Zelensky announced that he would go to Türkiye on May 15 and looked forward to meeting with Russian President Putin.