Stories from Beijing · China

The current mission to the Chinese space station features the largest number of payload projects since the station's construction began.

Resource products are currently seen as having higher certainty in the market. The source identifies two distinct market forces and suggests that resource products currently offer relatively higher certainty.

Over the past decade, full-fund industry allocation has rapidly concentrated towards electronics in the last year. The full-fund industry's asset allocation is shifting towards electronics and telecommunications sectors. The overall fund allocation to electronics remains higher than the 2020-2021 allocation ratios for pharmaceutical and food & beverage industries. The proportion of the telecommunications industry in fund allocations has hit a new high for several consecutive quarters since 2015.

The rise of ETF-based asset allocation is noted for its transparency and pure style, offering advantages in the current rapidly rotating market.

Contractually, franchisees are independently responsible, but in practice, headquarters may have deep involvement.

The Chinese market experienced a high open followed by a pullback, resulting in re-lending and cargo loans showing profitability by March 31st. The performance of long-term and short-term deposit funds, along with stock and mixed stock funds, showed differentiation.

Chinese Foreign Minister Wang Yi addressed a US bipartisan congressional delegation, noting it was the first such visit since President Trump took office.

China views the changing geopolitical landscape in the Middle East, where various countries are pursuing currency diversification, as an opportune moment to advance the internationalization of the Renminbi.

On May 3, a Beijing hospital reported 75 patients, with 6 new admissions and 74 existing patients. On May 3rd, during a doctor handover, it was reported that patient Wang Qiang, who underwent surgery in the pineal region, developed unstable edema yesterday afternoon.

A medical discussion highlighted that for some incurable or very late-stage diseases, especially in elderly patients, focusing on symptom improvement and optimal supportive care might be preferable to aggressive treatment.