GoldenOctober2024

Jin10 reported on May 17 that Russian President's Assistant and Head of the Russian Negotiation Delegation, Medinsky, stated on the 16th after the Russia-Ukraine negotiations that Russia and Ukraine will recently each hand over 1,000 captured personnel to the other side. According to TASS, Serbian President Vucic stated on the 17th that the "1,000 for 1,000" prisoner exchange protocol reached between Russia and Ukraine marks an important step towards opening genuine dialogue for both sides, bringing a positive signal for potential progress in future negotiations.

The United States will impose a 46% tariff on Vietnamese goods, and the two countries held their first ministerial-level talks, demonstrating their commitment to promoting stable economic, trade, and investment relations. Both sides began negotiations, with the U.S. agreeing to Vietnam's practices and suggestions, anticipating that the technical-level talks will yield results.

Jin10 News on May 17, at 12:12 PM, the improved version of the Zhuque-2 remote 2 carrier rocket was launched from the Dongfeng Commercial Aerospace Innovation Experimental Zone, successfully sending a total of 6 satellites, including Tianyi 29, Tianyi 34, Tianyi 35, Tianyi 42, Tianyi 45, and Tianyi 46, into their designated orbits, achieving a complete success in the flight test mission.

Jin10 Data, May 17 - With the South Korean presidential election approaching, rumors are rampant regarding assassination threats faced by the largest opposition party's presidential candidate, Lee Jae-myung. Lee Jae-myung's campaign team announced on the 16th that starting next week, bulletproof glass will be used during his speeches to counter "terror threats." The voting for the 21st South Korean presidential election is scheduled for June 3, and the candidate's campaign activities officially started on May 12. According to South Korean media reports, there have been recent rumors that Lee Jae-myung is facing security threats, with attempts to carry out an assassination against him. The Democratic Party has thus requested the police to intensify security measures for Lee Jae-myung.

The daughter and family of French Crypto Assets tycoon Pierre Nouwakaza were kidnapped in Paris, with the son-in-law bravely resisting and receiving help from neighbors to repel the kidnappers. This is a new kidnapping case targeting Crypto Assets tycoons, occurring in the 11th arrondissement of the capital, Paris. Nouwakaza operates a Crypto Assets trading platform.

Jin10 reported on May 17 that as large amounts of capital withdraw from the U.S. financial markets, overseas funds purchased a record amount of Japanese stocks and long-term bonds in April. Data provided by the Japanese government shows that overseas investors bought Japanese stocks and long-term bonds worth 8.21 trillion yen (approximately 56.6 billion USD) in April. Data from U.S. company Morningstar indicates that this is the largest net inflow of overseas funds into the Japanese financial market in a single month since the Japanese Ministry of Finance began collecting related data in 1996.

Jin10 data reported on May 17 that on the afternoon of May 16 local time, a shooting occurred at a gym in Las Vegas, USA, resulting in at least one death and several injuries. The suspect was shot dead on the spot during a shootout with the police. According to police reports, the suspect entered the scene with a rifle and specifically targeted certain victims. After locking onto a target, the suspect shot them dead on the spot. When officers arrived at the scene in response to the call, they exchanged fire with the suspect, who was hit and died on the spot. Currently, several injured individuals are receiving treatment.

Trump stated that the Russian leadership is fully involved in the negotiations regarding the Ukraine issue, mentioning that Putin is willing to participate in talks, emphasizing that there are no plans to meet with Putin but that talks must happen, and indicating that conversations with the Ukrainian president are difficult and that he does not wish to ease the situation.

Trump stated that if no agreement can be reached regarding the Ukraine issue, new sanctions may be imposed on Russia. He believes this will be destructive for Russia, noting that the Russian economy is struggling and oil prices are low. Trump expressed confidence that Zelensky has no trump cards in the negotiations, mentioning that both have gone through difficult times.

Jin10 data reported on May 17, recent capital flows have shown new changes, with broad-based ETFs facing redemptions, while technology-themed ETFs are strongly attracting capital, with multiple technology-themed ETFs reaching historical highs in share volume. In addition, many technology-themed funds are being issued, and institutions are intensively researching the technology sector to find investment opportunities. Data shows that in the past month, the software and semiconductor industries have received over 3000 institutional research inquiries, while the electronic equipment manufacturing industry has received over 2600.

Golden Ten Data, May 17, according to CNBC, a person familiar with the matter confirmed on Friday that American technology giants Nvidia (NVDA.O), Cisco (CSCO.O) and OpenAI will support the UAE's "Stargate" artificial intelligence data center announced this week. Sources confirmed that AI chip leader Nvidia will provide hardware for the latest Blackwell GB300 system. The data center will work with the U.S. AI infrastructure project of the same name, announced shortly after U.S. President Donald Trump took office in January. It is unclear whether Oracle (ORCL.N) is also involved in the Stargate project in the UAE. The data center, announced on Thursday, will be built by Emirati company G42. The sprawling campus will have 5 gigawatts of capacity and cover 10 square miles.

On the 16th, the US Dollar Index rose by 0.21%, closing at 101.092. The Exchange Rate of the Euro, British Pound, Japanese Yen, Swiss Franc, Canadian Dollar, and Swedish Krona against the US Dollar fluctuated respectively. Among them, the Euro and British Pound fell, while the Japanese Yen, Swiss Franc, Canadian Dollar, and Swedish Krona appreciated.

Jin10 reported on May 17 that U.S. President Trump stated on May 15 during a business roundtable in Qatar that the U.S. could "take over Gaza" and turn it into a "free zone". On the same day, Hamas reiterated that the Gaza Strip is an inseparable part of Palestinian territory and not a commodity that can be bought or sold.

The London Metal Exchange is considering setting position limits to curb excessive holdings behavior, which may prevent traders from holding positions exceeding total inventory. According to FCA policy, the responsibility for position limits in the UK commodities market will be borne by each exchange starting from July 2026, and the LME may propose relevant measures prior to that.

Jin10 reported on May 16 that analysts from Goldman Sachs Credit Research stated in a report that the risk of a U.S. economic recession has dropped, financial conditions are improving, and business optimism is resurfacing, which reduces the likelihood of a "sharp acceleration in default rates." The easing of trade tensions and the decline in borrowing costs have created favorable conditions for U.S. businesses.

Jin10 data reported on May 16 that U.S. consumer confidence from the University of Michigan fell slightly in May. Forexlive analyst Adam Button stated that the data is not good. I originally expected some recovery after Trump lifted the tariff on Liberation Day, but it has not happened this time. The suspension of tariffs should be a favorable factor in the coming month.

On May 16, Kaichun announced that Wang Li, the controlling shareholder and actual controller, and Xu Lei, who acted in concert, planned to reduce their holdings of the company's shares by a total of no more than 800,000 shares, accounting for 1% of the company's total share capital, through centralized bidding and/or block trading from June 11, 2025 to September 10, 2025. Wang Li plans to reduce her holdings by no more than 630,000 shares, accounting for 0.7875% of the total share capital; Xu Lei plans to reduce his holdings by no more than 170,000 shares, accounting for 0.2125% of the total share capital. The reason for the reduction is the need for capital from shareholders. The reduction price will be determined based on the market price and will not be lower than the issue price of the company's initial public offering.

Siyuan Electric announced that it will repurchase part of its A-shares through centralized Bidding transactions for the purpose of canceling and reducing registered capital. The repurchase fund range is 300 million to 500 million yuan, with a maximum repurchase price of 109.45 yuan/share. The expected repurchase quantity is approximately 2.741 to 4.5683 million shares, accounting for 0.35%-0.58% of the total share capital. The repurchase period will not exceed twelve months.

On May 16, Joanne Hsu, director of consumer surveys at the University of Michigan, said that the consumer confidence index was basically flat this month, down only 1.4 points after four consecutive months of sharp declines. Since January 2025, market confidence has fallen by almost 30%. Nearly three-quarters of consumers spontaneously mentioned tariffs, up from nearly 60% in April; Trade policy uncertainty continues to dominate consumer perceptions of the economy. The investigation was conducted between April 22 and May 13 and ended two days after both China and the United States announced a moratorium on some tariffs. Many survey indicators showed some signs of improvement after the temporary tariff cuts, but these initial upturns were too small to change the overall picture – with consumers continuing to be pessimistic about the economy. So far, the initial reaction has echoed a slight uptick in sentiment following the partial suspension of tariffs on April 9, although sentiment continues to trend downward.