Category: Flash News

On April 21st, the A-share market has been experiencing volatility recently due to events such as the imposition of tariffs by the United States. In this context, the “fixed income+” strategy product, which combines the dual attributes of controlling volatility and pursuing elasticity, has once again received widespread market attention. According to Wind data, as of April 18th, over 60% of “fixed income+” funds have been steadily running, with a positive growth rate in unit net value for the year. In addition, the net asset value of nearly 200 funds reached a new high since their establishment in April. Looking ahead to the future, many fund managers believe that the “fixed income+” strategy is expected to continue to yield returns, and fund managers will further strengthen their product layout, with the product scale expected to continue to expand. (Securities Times)

On April 21st, various factors have recently triggered a surge in risk aversion sentiment, causing fluctuations in global capital markets. Stable assets are favored by funds, and the secondary market prices of gold and bank themed ETFs have repeatedly hit historical highs. On April 18th, the banking sector once again strengthened, with the stock prices of the four major banks hitting new historical highs during trading. The closing prices of nearly 10 bank themed ETFs in the secondary market have all hit historic highs simultaneously. Since 2025, the spot price of gold has continued to rise, with gold themed ETFs experiencing gains of over 27% and closing prices repeatedly hitting historical highs. (Securities Times)

On April 21st, since the beginning of this year, the issuance of special land reserve bonds has continued to advance, becoming an important lever for local governments to regulate land supply and demand, stabilize the real estate market, and alleviate debt pressure. According to data, as of early April, the total amount of land that has been announced nationwide to be acquired through special bonds exceeds 180 billion yuan, with Beijing, Guangdong, Hunan and other places being the first to initiate issuance. Many industry insiders believe that land special bonds not only help digest idle land and improve the structure of the land market, but also provide financial support for real estate companies to activate assets and urban investment to resolve high interest debts. Despite continuous policy optimization, the implementation effect of special bonds still needs to be strengthened in terms of yield mechanism, regional coordination, and risk prevention and control to achieve the policy goals of “stabilizing the market, stabilizing prices, and stabilizing expectations”. (Shanghai Stock News)

On April 21st, last week, the A-share market showed a trend of shrinking volume and consolidation, with the main consumption line continuing to strengthen, and the technology and finance sectors also showing some performance during the trading session. Looking ahead to the future, domestic institutions believe that the recent large-scale increase in medium – and long-term funds represented by Central Huijin has released clear policy signals, formed a stable anchor for market expectations, controllable downside risks, and room for upward growth. At the same time, in the eyes of many foreign institutions, although market volatility still exists, the Chinese stock market will maintain resilience in the long run and maintain an overbought rating on Chinese assets. They believe that this is due to the full support of policies for the market and the shift in global investors’ views on the Chinese market. (Shanghai Stock News)

On April 21, the Palestinian Islamic Resistance Movement (Hamas) issued a statement, saying that the Hamas delegation led by Mohamed Darwish, the chairman of the organization’s consultative meeting, continued to pay an official visit to Ankara, the capital of Türkiye, and met with Türkiye’s Foreign Minister Hakan Fedan in Ankara on the evening of 19 local time. The statement said that in the talks with the Foreign Minister of Türkiye, the two sides focused on preventing Israel from continuing attacks on the Gaza Strip, as well as Hamas’s vision of reaching a comprehensive ceasefire agreement in Gaza. Hamas believes that a comprehensive ceasefire agreement should include personnel exchange with Israel, a permanent ceasefire by Israel, the implementation of Gaza reconstruction, and the lifting of Israel’s blockade on Gaza. In addition, both sides also discussed the internal reconciliation process in Palestine and its feasible solutions, including the formation of a Palestinian national unity government or the adoption of Egypt’s proposal to establish a community support committee in Gaza. Earlier, the Hamas delegation also held a meeting with Ibrahim Karin, director of Türkiye’s National Intelligence Agency.

On April 21st, a South Korean Air Force fighter jet dropped its gun pod and fuel tank during training. After the incident, the South Korean Air Force established an accident investigation committee. On the 20th, South Korean media reported that military sources revealed that the committee learned from the pilot involved that the accident may have been caused by accidentally touching the drop button. On the 19th, the South Korean Air Force reported that a KA-1 light attack aircraft accidentally dropped two gun pods and two empty fuel tanks during night flight training on the evening of the 18th. At the time of the incident, the aircraft was located over Pyeongchang, approximately 125 kilometers east of the South Korean capital Seoul. The random gun pod dropped a machine gun and 500 rounds of 12.7mm caliber bullets together. At present, there have been no reports of casualties or civilian property damage caused by this accident. The South Korean Air Force has found the dropped cannon pod and some ammunition, and is still searching for other fallen items.

On April 21st, Russian Presidential Press Secretary Peskov responded to a question from Russian media about the possibility of extending the ceasefire, stating that “there are no other instructions”. He stated on the same day that President Putin did not issue an order to extend the ceasefire. On April 19th, Russian President Putin made the decision to observe an Easter ceasefire during a meeting with Chief of the General Staff of the Russian Armed Forces, Gerasimov. He specifically pointed out that the ceasefire will last for 30 hours from 18:00 Moscow time on April 19th to 00:00 Moscow time on April 21st. Putin also emphasized that the Russian military must be prepared to respond to possible ceasefire violations and provocations by the Ukrainian armed forces.

On April 21st, under the deep transformation of the automotive industry, Guangdong’s position as the top producer of automobiles in China for nearly 10 years may change this year. According to the database of the National Bureau of Statistics, in the first quarter of this year, Anhui ranked first in the country in terms of automobile production with 761700 vehicles, surpassing Guangdong (665100 vehicles) in second place by nearly 100000 vehicles, expanding its leading advantage compared to the data from January to February. Under the new statistical rules and with the further expansion of the industrial ecosystem, Anhui may surpass Guangdong to become the top province in terms of automobile production in China this year. (One Finance)

On April 20th, according to Wind statistics, as of April 19th, 246 listed companies in the A-share market have released their first quarter reports for 2025. Among them, QFII appeared among the top ten circulating shareholders of 33 individual stocks, and most of them were new to the first quarter. As a well-known sovereign wealth fund in the Middle East, Abu Dhabi Investment Authority has recently appeared among the top ten circulating shareholders of two energy stocks, Zijin Mining and Oriental Zirconia, while Kuwait Investment Authority has become one of the top ten circulating shareholders of industrial automation and energy power company Envision. It is worth mentioning that in addition to Abu Dhabi Investment Authority, two QFII companies, UBS Group and Morgan Stanley International Limited, also entered the top ten circulating shareholders list of Oriental Zirconia in the first quarter, holding 2.6021 million shares and 1.6332 million shares respectively, ranking fifth and tenth. As another sovereign wealth fund in the Middle East, the Kuwait Investment Authority became one of the top ten circulating shareholders of Infineon in the first quarter of this year, holding 5.2364 million shares, ranking seventh. (China Fund News)

On April 20, Senior Colonel Zhao Zhiwei, spokesman of the navy in the southern theater, said that on April 20, the Philippine No. 36 frigate illegally invaded the territorial sea of Huangyan Island of China without the approval of the Chinese government. The navy in the southern theater of the Chinese People’s Liberation Army organized troops to track, monitor, warn and drive away according to law. The actions of the Philippines seriously infringe upon China’s sovereignty and violate relevant provisions of Chinese and international law. We warn the Philippine side to immediately stop infringing and provoking, otherwise all consequences arising therefrom will be borne by the Philippine side. The troops in the theater of war always maintain a high level of vigilance, resolutely defend national sovereignty and security, and resolutely maintain peace and stability in the South China Sea region.