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On April 24, according to Tianyancha Intellectual Property Information, Honor Terminal Co., Ltd. recently applied to register the trademark "Honor Robot Lightning" in the international classification of scientific instruments. The trademark is currently awaiting substantive examination.

April 24 - According to a statement released by the Kuwait General Authority of Civil Aviation on April 23, as reported by the Kuwait News Agency, the airspace of Kuwait International Airport has been reopened effective immediately.

April 24 – The Legislative Affairs Commission of the National People's Congress Standing Committee held a press conference today. At the press conference, a spokesperson announced that the 65th meeting of the Standing Committee of the 14th National People's Congress decided that the 22nd session of the 14th National People's Congress Standing Committee will be held in Beijing from April 27 to 30. The meeting of the Standing Committee recommended that the 22nd session of the 14th National People's Congress Standing Committee: deliberate on the draft revisions to the Prison Law, the Social Assistance Law, the Medical Security Law, and the Farmland Protection and Quality Improvement Law; deliberate on the motion submitted by the Financial and Economic Affairs Committee of the National People's Congress to review the draft revision of the Law on State-owned Assets of Enterprises; deliberate on the motion submitted by the Agriculture and Rural Affairs Committee of the National People's Congress to review the draft revision of the Agricultural Law; deliberate on the motion submitted by the State Council and the Central Military Commission to review the draft revision of the National Defense Mobilization Law; and deliberate on the motion submitted by the State Council to review the draft revision of the Water Law.

Samsung Electronics' losses widened to 2%.

On April 24, the Office of the Leading Group for Coordinating and Promoting the Construction of a Quality Powerhouse released the "Annual Report on my country's Work in Combating Infringement and Counterfeiting (2025)". The report shows that during the 14th Five-Year Plan period, the Chinese government placed greater emphasis on combating infringement and counterfeiting, continuously improving systems and mechanisms, and strengthening law enforcement and judicial efforts. Over the past five years, administrative law enforcement and criminal justice departments have continuously carried out a series of special campaigns, including "Iron Fist," "Clean Air," and "Kunlun," to severely crack down on illegal activities related to infringement and counterfeiting. National copyright departments investigated and handled 12,800 cases of copyright infringement and piracy in the physical market; customs seized 282,000 batches of suspected infringing goods, totaling 400 million pieces; and market supervision departments investigated and handled 218,900 cases of trademark infringement and patent counterfeiting.

April 24 - The State Council Information Office will hold a press conference on the theme of "Starting the 15th Five-Year Plan" at 10:00 a.m. on Tuesday, April 28, 2026. Chen Zhenlin, Director of the China Meteorological Administration, will introduce the relevant situation of accelerating the high-quality development of meteorology, providing high-quality and efficient services to the country and the people, and ensuring economic and social development, and answer questions from reporters.

Futures Commentary by Everbright Futures: Overnight, COMEX gold prices weakened, falling approximately 1% for the day based on closing prices. Today, after opening, international gold prices mainly fluctuated, with intense competition between bulls and bears at key levels. 1. On the data front, initial jobless claims in the US for the week ending April 18th reached 214,000, higher than the market expectation of 210,000 and the previous week's 207,000, indicating some pressure in the labor market. Meanwhile, the US April composite PMI preliminary reading rose to 52, a three-month high, the services PMI rebounded to 51.3, returning to expansion territory, and the manufacturing PMI climbed even higher to 54, a near four-year high. However, some institutions pointed out that this improvement was mainly driven by "inventory accumulation due to concerns about ample supply and rising prices," with the largest price increases for goods and services since July 2022, indicating that inflationary pressures are intensifying. These escalating inflationary pressures and employment market pressures may put the Federal Reserve in a dilemma. 2. Geopolitically, US-Iran negotiations have once again "reached a stalemate." Trump ordered the sinking of any ships laying mines in the Strait of Hormuz and made it clear that no ship could enter or leave the strait without the approval of the U.S. Navy; the strait was "completely blocked" until Iran agreed to an agreement. In summary, the US-Iran conflict has disrupted navigation in the Strait of Hormuz, and rising oil prices, coupled with inflationary expectations and the resulting tightening expectations from the Federal Reserve, remain the main factors suppressing gold prices. Before the geopolitical negotiations become clearer, traders are advised to control their positions and wait for directional confirmation. Given the current overall trend that all parties still favor resolving the conflict through negotiations, it may be worthwhile to consider buying on dips during periods of volatility.

On April 24th, Goldman Sachs stated that Gulf oil production, which was significantly reduced due to the conflict with Iran, could largely recover within a few months after the Strait of Hormuz is fully reopened, but it could also take longer. The bank estimates that approximately 14.5 million barrels per day of crude oil production was shut down in the Gulf region in April—about 57% of pre-war supply—primarily due to preventative shutdowns and inventory management, rather than physical damage to the oil fields themselves. Goldman Sachs noted that recovery prospects vary among different countries, with Iran and Iraq facing greater risks due to reservoir characteristics, infrastructure challenges, and sanctions, while Saudi Arabia is likely to increase production more quickly. Goldman Sachs stated that average forecasts from external institutions indicate that Gulf oil-producing countries could restore about 70% of their shut-down production within three months and about 88% within six months. However, the bank also warned that prolonged shutdowns increase the risk of lasting damage to supply.

Hong Kong-listed AI stocks saw a correction, with Kingdee International (00268.HK) down 5.39%, MyFT (02556.HK) down 3.92%, and GDS Holdings (09698.HK) down 2.86%.

On April 24th, Abhijit Surya, Senior Economist for Asia Pacific at Capital Economics, stated that the Bank of Japan (BOJ) could raise interest rates as early as June. The firm believes that while the BOJ may keep rates unchanged at its meeting next week, the board may send a hawkish signal by raising its overall and core inflation forecasts. Furthermore, the BOJ may reiterate the risks posed by rising inflation expectations, "especially since some corporate inflation expectations indicators in the Tankan survey have already begun to exceed the central bank's 2% target level."

The Hang Seng Tech Index fell further to 1%, while the Hang Seng Index is currently down 0.86%.

On April 24th, the highest 7-day annualized yield of Tencent Wealth Management's "Current Account +" was 1.3460%, and the lowest was 0.7920%. The highest 7-day annualized yield of WeChat Pay's "Lingqian Tong" was 1.0520%, and the lowest was 1.0020%. The highest 7-day annualized yield of Alipay's "Yu'ebao" was 1.1770%, and the lowest was 1.0030%.

April 24th - At the Beijing Auto Show today, XPeng showcased three physical AI platforms under the theme "AI Changing the World": AI cars, flying cars, and AI robots. Among them, the flying car, dubbed the "Land Aircraft Carrier," has already received 7,000 orders and is expected to enter mass production this year. The most humanoid robot, IRON, also made its debut and is expected to achieve mass production this year.

On April 24, Minister of Commerce Wang Wentao met with Airbus CEO John Faury on April 23. The two sides exchanged views on Airbus's operations and development in China, as well as China-EU economic and trade relations. Wang Wentao emphasized that since the beginning of this year, leaders of several EU countries have visited China, yielding fruitful practical results and demonstrating the resilience and vitality of China-EU economic and trade relations. China is willing to strengthen trade and investment cooperation with the EU and promote the stable and healthy development of China-EU economic and trade relations. However, the EU's recent tightening of trade restrictions on China has damaged the confidence of Chinese companies in investing in Europe and seriously affected normal China-EU economic and trade cooperation. He hoped that Airbus would play a positive role in encouraging the EU to work with China to properly resolve differences through dialogue and consultation.

According to Futures News on April 24, as of 09:30 Beijing time, WTI crude oil futures rose 1.38%, while US natural gas futures fell 1.09%.

The yield on Japan's 40-year government bonds rose 3.5 basis points to 3.860%.

On Friday, April 24, the Hong Kong Hang Seng Index opened down 181.59 points, or 0.7%, at 25,733.61; the Hang Seng Tech Index opened down 38.9 points, or 0.8%, at 4,826.62; the H-share Index opened down 52.3 points, or 0.6%, at 8,680.33; and the Red Chip Index opened down 4.56 points, or 0.1%, at 4,360.7.