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On September 9th, the All-China Federation of Industry and Commerce (ACFIC) released the "2026 Report on the Innovation Status of the Top 1000 Private Enterprises in R&D Investment," showing that the R&D investment and intensity of the top 1000 private enterprises in my country continued to grow in 2025. This information was obtained by reporters at the 2026 Private Economy Innovation and Development Conference and the "Well-known Private Enterprises Supporting Zhejiangs High-Quality Development" event, jointly held by the ACFIC and the Zhejiang Provincial Peoples Government in Wenzhou, Zhejiang Province. The report shows that in 2025, the R&D investment of the shortlisted enterprises showed an upward trend, reaching a total of 1.59 trillion yuan, a year-on-year increase of 10.72%, with an average R&D intensity of 3.73%. The "high-tech, high-value, and high-growth" attributes were prominent, with 640 shortlisted enterprises being classified as such. The overall scale of the shortlisted enterprises remained stable with continuous growth, total profits continued to increase, the quantity and quality of employees improved, and they actively engaged in rural revitalization and public welfare work.On September 9, the Iranian Islamic Revolutionary Guard Corps issued a statement saying that in response to the US militarys strikes on Iranian oil tankers in the Persian Gulf, the Revolutionary Guard struck two US warships and eight oil tankers, as well as ten vessels that violated regulations.On September 9th, at a regular press conference held by the State Council Taiwan Affairs Office, a reporter asked: A professor at National Changhua University of Education in Taiwan published three articles on the "One Country, Two Systems Taiwan Solution" on social media, sparking heated discussions among readers on both sides of the Taiwan Strait. Some consider it a "rare ice-breaking text." What is your comment on this? How do you view this new trend of rational discussion on the issue of unification between people on both sides of the Strait? Spokesperson Chen Binhua stated that the reunification of the motherland is an unstoppable historical trend. For our compatriots in Taiwan, it is not an optional question, but a mandatory one. We are pleased to see more and more compatriots in Taiwan facing up to unification, beginning to understand and discuss the specific content of the "One Country, Two Systems Taiwan Solution," and offering suggestions for the "One Country, Two Systems Taiwan Solution" through various means.Iranian Revolutionary Guard: In addition, 10 vessels that violated regulations by attempting to cross the no-navigation zone and danger zone of the Strait of Hormuz, instigated and supported by the US military, were also targeted.The Indonesian rupiah appreciated to 17,560 against the US dollar, its highest level since mid-May.

The ASX200 Index Has Returned to a Key Supply Zone

Jimmy Khan

May 30, 2022 14:51

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We'll be looking at the ASX200 on a daily basis starting today. A crucial supply sector has seen a price increase. Will this be the start of a new uptrend, or will it be a push for new highs?


The ASX200 has pieced together three months of excellent performance after a difficult start to 2022. In January, the price dropped 6.81 percent until purchasers seized control and added about 8% to the present level in April. Buyers have contributed 1% to the market so far this week.


We've now returned to a vital supply point. We've seen two major trend reversals between 7590 and 7640 after price has reached this level. The first rejection was on August 13, 2021, and the most recent was on January 4, 2019, resulting in a 9% decrease.


A robust medium-term surge that started in March is helping buyers. Earlier this month, buyers broke free from consolidation, clearing the stage for a new push back to the supply side. Will this rally come to a finish with a break and close above 7640-7652, setting a new high? Because it is so close to all-time highs, the ASX has a considerable lead above US indexes. Despite worries about inflation and fiscal policy, stock indexes in the United States are increasing. Their current momentum might be just what ASX investors need to take the next step forward. As a result of the RBA's past hints at higher rates, Australian inflation is rising, but it does not seem to be causing too much anxiety in the short term.


We'll be watching to see whether buyers can keep pushing higher or if sellers flood back in, putting pressure on the supply area.

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