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Federal Reserve Governor Waller's participation in a panel discussion at the 32nd Dubrovnik Economic Conference will be announced in ten minutes.
On May 31, MiniMax Group Inc. announced that its board of directors has resolved to explore a preliminary proposal to issue RMB shares, which may involve entering into agreements with professional advisors and consulting with relevant securities or other regulatory agencies. The company has engaged professional advisors to advise on its eligibility for listing on the Science and Technology Innovation Board (STAR Market) and has entered into a tutoring agreement. The proposed issuance of RMB shares will be subject to market conditions and necessary regulatory approvals.
Invesco Great Wall Global Chip LOF: Trading will be suspended from the opening of the market on June 1, 2026 until 10:30 on that day.
On May 31, it was learned from China National Nuclear Corporation (CNNC) that the second unit of the "Super Carbon One" supercritical carbon dioxide waste heat power generation project, located in Liupanshui, Guizhou Province, successfully connected to the grid, marking the full completion of the world's first demonstration project of supercritical carbon dioxide waste heat power generation technology. Once both units are operational, "Super Carbon One" will have a stable installed capacity of 30 megawatts.
According to the Islamic Republic News Agency (IRNA), three offshore platforms at Iran's South Pars gas field have resumed production.
May 31 - According to Iran's Fars News Agency, Iran unveiled a new type of attack boat on May 30, becoming a new symbol of the Iranian navy's power.
On May 31, it was confirmed by multiple sources that the "Plan for Further Deepening the Reform of State-owned Assets and Enterprises (2026-2029)" has been issued. Public information shows that since May, Shandong, Henan, and Hubei provinces have held provincial party committee standing committee meetings to study the work of deepening the reform of state-owned assets and enterprises in their respective provinces. Yuxi High-tech Zone in Yunnan Province, Peixian County in Xuzhou City, Jiangsu Province, and Etuoke Banner in Inner Mongolia have successively conveyed and studied the "Plan." At the central enterprise group level, China Electric Equipment Group held a 2026 Deepening Reform and First-Class Construction Work Conference on May 12. The conference required the entire group to thoroughly study and understand the contents of the "Plan" and formulate reform plans and reform ledgers that conform to the actual development of the group. All subsidiaries at all levels should, in accordance with the unified deployment of the group, systematically plan the next round of reform actions and go all out to promote a high-quality and high-standard start to the deepening reform.
According to Iran's Tasnim News Agency, Iranian Parliament Speaker Qalibaf stated that the task of diplomacy is to translate military victories into political and legal outcomes.
On May 31, Iranian Parliament Speaker Mohammad Ghalibaf, in his opening remarks at the first session of the third year of the 12th Parliament, stated that the fighters in the diplomatic arena have absolutely no trust in the words and promises of their enemies. Iran's sole criterion is the attainment of tangible, objective results; only on this basis will Iran fulfill its commitments. Iran will never ratify any agreement until the legitimate rights and interests of the Iranian people are fully guaranteed.
On May 31, it was reported that a San Francisco-based robotics startup plans to send an upgraded humanoid robot to Ukraine this year for continued military testing, according to a May 30 report from the United States. The company representative stated that the data collected in Ukraine will provide insights for future cooperation with the U.S. military, and the company plans to use the humanoid robot for frontline testing within 18 months. Neither the Ukrainian nor the U.S. Department of Defense has responded to the reports.
On May 31, Aerolineas Argentinas announced the cancellation of its special World Cup flights to Miami, USA, due to rising fuel prices. In February, Aerolineas Argentinas announced special World Cup flights from Rosario, Córdoba, and Tucumán to Miami, USA, starting June 8, to facilitate viewing for fans in inland Argentina. Now, because rising fuel costs have impacted the expected profitability of these flights, Aerolineas Argentinas has decided to cancel them. Passengers who have already purchased tickets for these flights will be rebooked on alternative flights departing from Buenos Aires.
Ukrainian President Zelensky: Ukraine received a new IRIS-T air defense system launcher from Germany yesterday.
On May 31st, the Shenzhen Municipal Transportation Bureau released its April report on the operation and risks of the ride-hailing industry in Shenzhen. As of April 30, 2026, there were 26 ride-hailing platforms in Shenzhen, with 142,247 "Online Ride-Hailing Vehicle Transport Permits" and 394,872 "Shenzhen Taxi Driver Permits" issued. Data from various platforms shows that the average daily number of ride-hailing orders completed per vehicle in the city this month was approximately 13.01. The demand in Shenzhen's ride-hailing market exhibits seasonal fluctuations, and the current market is generally saturated. Enterprises and individuals intending to engage in ride-hailing operations are strongly advised to fully understand relevant laws and regulations, conduct in-depth market research, objectively assess operating returns, and make rational and prudent investment and career decisions.
On May 31, local time, US President Trump stated in an interview broadcast on Fox News on May 30 that the US and Iran were close to reaching a "very good deal." Trump also stated in the interview that they would get a "better deal," which should have been faster. However, Trump indicated that if a deal could not be reached, he would request the intervention of the "War Department" (i.e., the US Department of Defense). Trump stated that if he did not get what he wanted, "we will end it another way." Trump also stated that by signing an agreement, they could ensure navigation in the Strait of Hormuz, ensure Iran's lack of nuclear weapons, and so on. When discussing the agreement with Iran, Trump emphasized that he was not in a hurry. "If you're in a hurry, you can't get a good deal."
May 31 - According to Lighthouse Pro, as of May 31, the film "Love Letter to Grandma," produced by Damai Entertainment, has grossed 1.36572 billion yuan (including pre-sales), entering the top three of the 2026 box office chart.
May 31 - According to the Japan Meteorological Agency, a magnitude 3.9 earthquake struck southern Amami, Kagoshima Prefecture, at approximately 10:58 a.m. on May 31. The maximum intensity was felt as 3, and the focal depth was 50 kilometers. There was no risk of a tsunami.
May 31 – According to US sources on May 30, after the US Supreme Court ruled that the Trump administration had no right to impose higher tariffs on almost all trading partners, US companies have begun receiving tariff refunds. However, this process may be hampered by the Trump administration's planned appeal. The report states that the Trump administration indicated on May 29 that it plans to appeal a federal judge's ruling. This ruling allows all importers who paid tariffs deemed invalid to apply for refunds, not just those who have filed lawsuits.
Japanese Defense Minister Shinjiro Koizumi: We must maintain cooperation with the United States, Europe, and like-minded allies.
According to the National Bureau of Statistics, the manufacturing Purchasing Managers' Index (PMI) was 50.0% in May, down 0.3 percentage points from the previous month, and was at the critical point.
On May 31, the China Automobile Dealers Association released its latest "China Automobile Dealer Inventory Warning Index Survey" (VIA), showing that the inventory warning index for China's automobile dealers in May 2026 was 57.9%, up 5.2 percentage points year-on-year and down 4.2 percentage points month-on-month. The inventory warning index is above the boom-bust line.
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