Domestic news: 1 The China Securities Regulatory Commission approves Yushu Technology's IPO registration application on the Science and Technology Innovation Board. The number of new accounts opened in June for A-shares was 2.8646 million. The 15th meeting of the China UK Joint Economic and Trade Commission was held in London. 4. Kwai: Many investors agreed to inject 2 billion dollars into Keling AI. 5. Media: Meta's "short essay" has errors, and domestic computing power is in short supply. 6. The Ministry of Commerce responds to the issue of tariffs on US agricultural products: agrees to include relevant US agricultural products in the reciprocal tariff reduction framework arrangement. 7. The mandatory national standard for the safety requirements of intelligent connected vehicle combined driving assistance systems has been officially released. 8. The State Council has approved the "15th Five Year Plan" for building a sports powerhouse, promoting the revitalization and development of the "three major sports". International News: 1 Trump: Walsh has a slightly hostile Federal Reserve Board of Governors and will continue to push for the dismissal of Governor Cook by "winning the lawsuit". The GDP growth rate of the United States should be between 12% and 13%. Having no knowledge of cryptocurrency returns, holding a little bit of Nvidia stock, Micron is hot and must lead in the AI field. Believe that Musk will donate SpaceX stocks to the 'Trump account'. 2. India will expand its crude oil reserves to hedge against the risk of soaring oil prices. According to reports, OpenAI has proposed to provide a 5% stake to the Trump administration. Trump avoided discussing this matter, but emphasized the government's holdings in Intel. Anthropic is reportedly in talks with Samsung to customize artificial intelligence chips. Tesla's total delivery volume in the second quarter was 480000 vehicles, higher than the market estimate of 402000 vehicles. Meta: In the past four months, the development of AI agents has not accelerated as we expected. The US unemployment rate fell to 4.2% in June, the lowest level since June 2025 and lower than market expectations of 4.3%. In June, the non farm payroll in the United States increased by 57000 people, lower than the market's expected increase of 110000 people. The total number of new non farm employment in April and May was revised down by 74000. It is reported that Japan is shifting towards a surprise intervention strategy against yen short sellers. The US dollar fell over 100 points against the Japanese yen in the short term at the end of the Asian session. 10. Overnight market trend - The Dow Jones Industrial Average hit a new high, chip stocks continued to plummet, SanDisk fell 14%, spot gold and silver strengthened, gold rose above 4100, and the market reduced the Federal Reserve's annual interest rate hike bet to 30BP through interest rate futures. 11. Middle East situation - ① Sources say that the next round of talks between the United States and Iran will be held on July 18th. ② Trump: believes Iran has almost agreed to everything we need. ③ Saudi crude oil exports are close to pre war levels, analysts say overvalued. ④ It is reported that major European countries currently believe that the imposition of tolls in the Strait of Hormuz is inevitable.