Category: Flash News

On April 5th, Ukrainian President Zelensky announced on social media that French Chief of Staff Thierry Burkhard and British Chief of Defense Staff and Admiral Tony Radakin had met with the Ukrainian military in Kiev. Zelensky stated that all parties are making every effort to ensure Ukraine’s security, and negotiations on deploying European partner security teams have made substantial progress and preliminary details.

On April 5th, OPEC+major member countries reiterated the need to strictly comply with oil production quotas, after the organization unexpectedly announced an accelerated pace of production increase, leading to a sharp drop in crude oil prices. According to a statement released on the organization’s official website on Saturday, the OPEC+Joint Ministerial Monitoring Committee (JMMC) has noted that some member countries have not fully complied with production limits and have not further reduced production as promised to make up for excess production. These countries have been informed to submit compensation plans before April 15th. OPEC+announced last week that it will accelerate its production increase, which shocked the oil market. The representatives privately stated that this move aims to urge member states such as Kazakhstan and Iraq to strengthen discipline enforcement.

On April 5th, Liu Liehong, Director of the National Data Administration, and his delegation visited China Mobile Migu Company on April 3rd to conduct research on data development and utilization, digital content scene construction, and AI innovation product development, and held a symposium. Liu Liehong pointed out that he hopes China Mobile can play a greater role in deepening the market-oriented allocation reform of data elements and building strong data infrastructure.

On April 5th, after US President Trump announced the “reciprocal tariffs” plan, Apple’s stock price suffered a sharp decline for two consecutive trading days, and its market value significantly shrank. According to investment bank Morgan Stanley’s calculations, imposing tariffs on China will increase Apple’s annual costs by approximately $8.5 billion. Reuters quoted analysts as saying that if Apple transfers all tariff costs to consumers, the retail price of the iPhone 16 Pro Max in the United States will rise from the current $1599 to $2300 (approximately 16750 yuan). During Trump’s first term, Apple began to promote supply chain diversification, but the Trump administration’s plan to impose high “equivalent tariffs” on Southeast Asian countries will undoubtedly severely damage Apple’s supply chain. (CCTV Finance)

On April 3, 2025, Assistant Foreign Minister Liu Bin attended the Deputy Foreign Minister level consultations on international cooperation and regional security issues of the Shanghai Cooperation Organization held in Moscow. Russian Deputy Foreign Minister Rudenko presided over the consultations, with Deputy Foreign Ministers or representatives of member states and heads of permanent institutions of the Shanghai Cooperation Organization in attendance. Liu Bin stated that under the guidance of the “Shanghai Spirit”, the scale of the Shanghai Cooperation Organization continues to expand, cooperation areas continue to expand, and international influence continues to strengthen, becoming a reliable basis for member states to safeguard common interests and promote regional stability and development. Currently, the centennial changes are accelerating and the international situation is becoming increasingly chaotic. The Shanghai Cooperation Organization should adhere to common security, strengthen policy coordination, enhance cooperation level, and work together to build a closer community of shared future in accordance with the direction indicated by the leaders of its member states. As the rotating presidency, China is willing to work together with all parties to achieve the above-mentioned cooperation goals. All parties exchanged views on strengthening policy coordination, maintaining regional security and stability, improving the operational mechanism of the Shanghai Cooperation Organization, and expressed strong support for cooperating with China to do a good job in the presidency and the Tianjin Summit. They are willing to take this as an opportunity to strengthen unity and cooperation, jointly protect peace and tranquility, seek development and prosperity, and benefit the people of the region.

On April 5th, Zhang Chi, Chief Strategy Analyst of Guojin Securities, pointed out in the latest report released on April 5th that, combined with the recent situation of A-shares, the market style will lean towards the logic of “bottom profit” in the next quarter, and it is recommended that investors adopt the allocation strategy of “switching from small and medium-sized growth style to large cap value defense”. Small and medium-sized growth stocks may face periodic adjustments under the dual disturbance of numerator (profitability) and denominator (valuation). In addition, under the catalysis of industrial logic, there are still structural opportunities in the technology growth sector. However, investors need to select sub sectors with industry policy support, such as semiconductor equipment, AI computing power, etc.

On April 5th, Jilin Provincial Energy Bureau announced on April 3rd the “Notice on Forwarding the National Energy Administration’s Management Measures for the Development and Construction of Distributed Photovoltaic Power Generation”, which put forward several requirements for standardizing the management of distributed photovoltaic power generation projects. The Notice requires that various distributed photovoltaic power generation projects can participate in the electricity market in accordance with relevant national regulations, and new projects should achieve “observability, measurability, adjustability, and controllability” to enhance the carrying capacity and regulation ability of the power grid. The Provincial Energy Bureau, in conjunction with power grid enterprises, will dynamically adjust the proportion of surplus electricity connected to the grid year by year. By 2025, the annual amount of surplus electricity connected to the grid for general industrial and commercial self use projects shall not exceed 20% of the total power generation. Energy regulatory departments in various regions should work together with power grid enterprises to monitor and evaluate the proportion of project electricity consumption based on load characteristics, access conditions, and consumption situation, and not connect excess electricity.

On April 5th, according to the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the National Supervisory Commission stationed at Bank of China and the Hunan Provincial Commission for Discipline Inspection and Supervision, with the approval of the Central Commission for Discipline Inspection and the National Supervisory Commission, the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the National Supervisory Commission stationed at Bank of China and the Yongzhou Municipal Supervisory Commission of Hunan Province have launched a case review and investigation into the serious violations of discipline and law by Huang Zhigang, the former Chief Business Manager of Bank of China Hunan Branch. After investigation, it was found that Huang Zhigang, as a party member and leading cadre of a centrally managed financial enterprise, had lost his ideals and beliefs, abandoned his original mission, and had long-term retention and unauthorized reading of books with serious political issues, deliberately resisting organizational censorship; Serious privilege mentality, ignoring the spirit of the Central Eight point Regulation, accepting gifts and cash in violation of regulations for a long time, using public funds for tourism and private use of official vehicles, and repeatedly accepting banquets and golf activities that may affect the fair execution of official duties; Using authority and position influence to seek personnel benefits for others in employee recruitment work, without truthfully reporting personal matters; Handing over expenses that should have been paid by oneself to others, and illegally taking part-time jobs for remuneration after retirement; Illegally interfering with the business activities of subordinate units; Violation of life discipline. Greed expands, relying on loans to eat loans, using the convenience of one’s position and power or status to provide assistance to others in obtaining bank loans, increasing loan amounts, etc., and illegally accepting huge amounts of money alone or in collusion with others. Huang Zhigang seriously violated the political discipline of the Party, the spirit of the Eight point Regulation of the Central Committee, organizational discipline, integrity discipline, work discipline, and life discipline, constituting a serious violation of official duties and suspected of bribery crimes. Moreover, he did not restrain himself or stop after the 18th and 19th National Congresses of the Party, especially after the 20th National Congress of the Party. His nature is serious and his impact is bad, and he should be dealt with seriously. In accordance with the Regulations of the CPC on Disciplinary Punishment, the Supervision Law of the People’s Republic of China, the Administrative Punishment Law of the People’s Republic of China on Public Officials, and the Several Provisions on the Incorruptible Employment of State owned Enterprise Leaders, the Party Committee of the Bank of China has studied and decided to give Huang Zhigang the punishment of being expelled from the Party and cancel his retirement benefits as required; Confiscate their disciplinary and illegal gains; After research by the Supervisory Commission of Yongzhou City, Hunan Province, it has been decided to transfer Huang Zhigang’s suspected criminal activities to the procuratorial organs for legal examination and prosecution, along with the transfer of the relevant property.

On April 5th, in the first quarter, State Grid Corporation of China accelerated investment and construction in the power grid, promoted large-scale equipment upgrades and renovations, and promoted coordinated development of power grids at all levels. As of the end of March, investment in the power grid increased by 27.7% year-on-year, reaching a historic high in the first quarter and achieving a “good start”. As of March 31st, the company’s 110kV to 750kV AC project has started with 7687 kilometers of transmission lines and a substation capacity of 47.44 million kVA, and 7348 kilometers of production lines and a substation capacity of 58.61 million kVA, achieving synchronous progress and time.

On April 5th, according to the Shanghai Stock Exchange, the overall demand for China’s export container transportation market remained stable this week, with most routes experiencing price increases, driving up the comprehensive index. In March, China’s Caixin Composite PMI rose to 51.8, with business confidence at its highest level since early 2024. Among them, the manufacturing PMI rose to 51.2 in March, the highest in four months. Since 2025, the Chinese economy has been running steadily and showing a trend of recovery and improvement, providing long-term support for the stable development of China’s export container transportation market. On April 3rd, the Shanghai Shipping Exchange released the Shanghai Export Container Comprehensive Freight Index at 1392.78 points, an increase of 2.8% from the previous period.