Category: Flash News

In response to the sexual violence committed by US military personnel stationed in Japan in Okinawa Prefecture, as well as the fact that Okinawa Prefecture has not received any prior notification, on July 3 local time, Okinawa Prefectural Governor Tani Yucheng visited the Ministry of Defense to protest against the strong public anxiety caused by the malicious incident committed by the US military stationed in Japan, and demanded that all incidents and accidents involving the US military stationed in Japan be thoroughly disclosed.

According to South Korean media reports on the 3rd, a post on the official website of the South Korean National Assembly petition platform “National Consent Petition” appeared on June 24th, requesting the National Assembly to propose a motion to impeach President Yoon Seok yeol. As of the morning of the 3rd of this month, more than one million people have expressed their support for the post.

On the 3rd, China International Capital Corporation (CICC) stated, “Recently, an employee of our company in Shanghai passed away unfortunately. Our company is deeply saddened by this sudden incident and expresses our deep condolences to the employees’ family and friends. We have established a special team as soon as possible to face this sudden incident together with their families and handle the relevant matters properly.” In response to the online news of “CICC employee’s international trade jumping off a building” on July 3rd, CICC confirmed to reporters that the aforementioned employee is a Shanghai employee and did not jump off a building to pass away. This rumor is not true.

It is reported that Louis Vuitton’s Chinese stores have raised prices across the board on July 2nd, with an increase of about 3% to 6%. The LV China official website shows that the prices of many bag products have increased to varying degrees. Among them, the popular CARRYALL small handbag increased from 20600 yuan to 21800 yuan, and the CARRYALL medium handbag increased from 21500 yuan to 22800 yuan, with increases of 5.8% and 6% respectively. It is worth noting that LV has increased its price at least 10 times in the past three years, and last year it implemented three price adjustments in the Chinese market.

According to Tesla’s official blog, the second-generation humanoid robot Optimus will make its debut at the 2024 World Artificial Intelligence Conference held in Shanghai from July 4th to 7th, witnessing the further evolution of humanoid robots.

Affected by the Independence Day holiday in the United States, the US stock market closed early at 1:00 Beijing time on the 4th and will be closed for one day tomorrow. As of the close of the day, the Dow Jones Industrial Average fell 0.06%, the Nasdaq rose 0.88%, and the S&P 500 index rose 0.51%, with both the Nasdaq and S&P 500 indexes reaching new closing highs. Most popular technology stocks rose, with Tesla rising more than 6%, marking the seventh consecutive day of gains. The cumulative 7-day increase reached 34.95%, basically recovering the decline of the year. Chinese concept stocks generally rose, with the Nasdaq China Golden Dragon Index rising 3.31%.

On July 3rd, northbound funds sold a net of 1.403 billion yuan throughout the day, with Shanghai Stock Connect selling a net of 120 million yuan and Shenzhen Stock Connect selling a net of 1.283 billion yuan. Among the top ten stocks traded, the top three in terms of net purchases are Kweichow Moutai, China Central Exemption and Midea Group. The top three net sellers are Sanhua Intelligent Control, Changjiang Power, and China Merchants Bank.

On the Dragon and Tiger List on July 3rd, a total of 33 stocks showed institutional presence, with 14 stocks showing net institutional buying and 19 stocks showing net institutional selling. On that day, the top three stocks that institutions net bought were Ganli Pharmaceutical, Feitian Chengxin, and Haoyun Technology. The top three stocks sold by the institution on that day were Shuiyou Shares, Ananda, and Guangri Shares.

On June 30th, several senior members of the Democratic Party of the United States voiced their support for President Joseph Biden’s re-election campaign, emphasizing that the Democratic presidential candidate will only be Biden and will not be a “change of command”.

On July 1st local time, the US Supreme Court issued a final ruling on former President Trump’s request for immunity from criminal prosecution. The Supreme Court of the United States has ruled that Trump may be granted immunity from criminal prosecution for actions taken at the end of his presidency, but he has no right to be exempt from prosecution for actions taken in a private capacity.

Former senior strategic advisor to former US President Trump, Steve Bannon, arrived at a federal prison in Connecticut on the same day and will begin serving four months in prison for contempt of Congress.

Hungary took over as the rotating presidency of the European Union on July 1st for a period of six months. Hungary announced its slogan during its presidency of the European Union last week – “Let Europe once again be great.”.

On June 30th local time, Ukrainian President Zelensky stated that negotiations with Russia could adopt a “third country mediation” model, similar to the “Black Sea Food Corridor” agreement.

On July 1st, the Australian government further tightened its study abroad policy and announced an increase in international student visa fees. According to the new regulations, the international student visa fee will be increased from AUD 710 to AUD 1600 starting from July 1st. In addition, holders of visitor visas and temporary graduate visas are not allowed to apply for student visas within Australia.

A survey shows that with low birth rates and an aging population, Busan, the second largest city in South Korea, is showing signs of entering a disappearing phase due to population shrinkage. According to South Korean media, Busan is the first major city in South Korea to show this sign.

Japan will begin issuing a new version of banknotes on July 3rd, marking the first change in banknote design in 20 years. As one of the anti-counterfeiting measures, banknotes will be printed using holographic technology to present a three-dimensional rotating effect on the portraits of historical figures on the banknotes.

There are reports that Mohammad Abu Salmia, the director of the Gaza Strip’s Hifa Hospital, has been released by Israel, and several Israeli ministers have expressed anger at the news. In response to the accusations, Netanyahu and Israeli Defense Minister Galant both chose to “keep a distance” from the release operation. Earlier on July 1st, it was reported that Israel had released approximately 55 Palestinian detainees and returned to the Gaza Strip, including Mohammad Abu Salmia, the director of the Hifa Hospital.

Saudi Energy Minister Prince Abdul Aziz bin Salman stated that Saudi Aramco has discovered two unconventional oil fields, one Arab light oil reservoir, two gas fields, and two gas reservoirs in the eastern province of Saudi Arabia and Empty Quarter.

Tesla announced on July 1st the launch of a new car finance policy. The 1-5 year zero interest and low interest discount purchase policy for the Model 3/Y standard range version, with daily supply starting at 85 yuan; The 1-5 year zero interest and low interest car purchase discount policy for the Model 3/Y Long Range All Wheel Drive Edition, with daily supply starting at as low as 107 yuan; Tesla has lowered the annual fee rate for July to a minimum of 0.5% (equivalent to an annualized rate of 0.93%).

The restructuring plan of Bubugao Commercial Chain Co., Ltd. has made substantial progress. On the evening of July 1st, Bu Bu Gao announced that Bu Bu Gao and its fourteen subsidiaries had received civil rulings from the Xiangtan Intermediate People’s Court, approving the restructuring plan of Bu Bu Gao Co., Ltd. and its fourteen subsidiaries, and terminating the restructuring process of Bu Bu Gao Co., Ltd. and its fourteen subsidiaries. Obtaining approval from the court’s ruling means that Bu Bu Gao Shares has entered the execution stage of the restructuring plan. On the same day, Bu Bu Gao also disclosed the restructuring plan approved by the ruling.

As of the close, the Dow Jones Industrial Average rose 0.13%, the Nasdaq rose 0.83% to a new closing high, and the S&P 500 index rose 0.27%. Most Chinese concept stocks rose, with the Nasdaq China Golden Dragon Index rising 0.79%.

On the Dragon and Tiger List on July 1st, a total of 22 stocks showed institutional presence, with 12 stocks showing net institutional buying and 10 stocks showing net institutional selling. On that day, the top three stocks that institutions net bought were Jinlang Technology, Hubei Yihua, and I Love My Family. The top three stocks sold by institutions on that day were Jinyi Technology, Igor, and Kaizhong Precision.