Real-time News

Japanese Prime Minister Sanae Takaichi: During this trip to Asia, we will seek cooperation to strengthen our supply chains and ensure the security of energy and critical minerals.

French automotive industry organization PFA: New car registrations in France fell 1.4% in April to 169,167 vehicles.

Japan's domestic car sales rose 17.6% year-on-year in April.

May 1st Futures News: Economies.com analysts' latest view: WTI crude oil futures prices are fluctuating, but the short-term bullish trend remains dominant, with prices moving along a supportive upward trendline. This is supported by prices trading above the 50-day exponential moving average (EMA50), further solidifying the stability of the bullish trend. Meanwhile, the Relative Strength Index (RSI), after experiencing extreme oversold conditions, has begun to show a positive golden cross signal, suggesting a potential bullish divergence, which could provide further support for continued upward movement in the short term.

Voyah Automobile: 15,146 vehicles were delivered in April 2026, a year-on-year increase of 51%.

On May 1st, Zheng Shanjie, Director of the National Development and Reform Commission, published an article in Qiushi magazine entitled "Promoting Chinese-Style Modernization through High-Quality Implementation of the 15th Five-Year Plan." The article states that developing new productive forces is an inherent requirement and key focus of high-quality development, and an inevitable choice for gaining a competitive edge in international competition. It emphasizes accelerating high-level scientific and technological self-reliance. This includes focusing on strengthening original innovation and tackling key core technologies, and increasing the proportion of funding for basic research. It also stresses reinforcing the leading role of enterprises in scientific and technological innovation, and promoting the aggregation of innovation resources such as projects, platforms, data, and talent to enterprises. Furthermore, it calls for integrated development of education, science, and talent, strengthening planning coordination, policy synergy, resource allocation, and evaluation linkage. Finally, it emphasizes seizing the opportunities presented by digital and intelligent development, promoting the large-scale, intensive, green, and inclusive development of computing resources, strengthening the supply of high-quality data resources, and deepening and expanding "artificial intelligence +".

SAIC Motor Passenger Vehicle: From January to April 2026, the retail sales of Roewe and MG exceeded 302,000 units, a year-on-year increase of 5.8%; the retail sales in April exceeded 78,000 units, a year-on-year increase of over 15.5%.

On May 1st, Indian Oil Corporation (IOC) announced it would maintain domestic jet fuel prices unchanged for May. This comes after several airlines warned of potential service disruptions due to supply shortages caused by the conflict in Iran. The Indian refiner, India's largest, has set a benchmark for the industry, maintaining domestic jet fuel prices at 104,927 rupees per kiloliter (approximately US$1,105). However, according to its website, the company will be raising prices for international operators, though the specific amount was not disclosed. Global airlines are facing operational disruptions due to jet fuel shortages caused by the Middle East conflict. The aviation industry is highly sensitive to fuel price increases, with fuel costs accounting for up to 40% of operating expenses. Even small increases can significantly impact profitability and ticket prices.

May 1st - According to a report from "Huizhou Housing and Construction" on April 30th, the Huizhou Municipal Housing and Urban-Rural Development Bureau, in conjunction with the Municipal Finance Bureau and the Municipal Human Resources and Social Security Bureau, recently issued a talent housing voucher subsidy policy. Eligible talents can directly apply for housing vouchers to offset the purchase price of newly built commercial housing in Huizhou, with a maximum subsidy of 100,000 yuan and a total policy amount of 100 million yuan, on a "first-come, first-served" basis.

GAC Toyota: Platinum brand sold 14,664 vehicles in April.

Zhiji Auto: April 2026 sales reached 10,016 units, with cumulative sales from January to April increasing by 130% year-on-year.

May 1st - Analyst Simon-Peter Massabni believes that gold prices remained largely stable amid thin trading during the Asian holiday season. He added that gold is facing increasing pressure due to the stalled diplomatic efforts surrounding the Middle East wars and a lack of market expectations for short-term monetary easing by the Federal Reserve. He further noted that large-scale outflows from gold ETFs are also putting pressure on prices.

Japanese Prime Minister Sanae Takaichi: A ministerial meeting was convened regarding the situation in the Middle East. Regarding crude oil, it is expected that a stable supply of approximately 1.4 million barrels per day can be secured through alternative procurement routes that bypass the Strait of Hormuz.

According to Futures News on May 1st, as of 09:30 Beijing time, WTI crude oil futures rose 0.56%, and US natural gas futures rose 0.14%.

May 1st - According to the China State Railway Group, the national railway system is expected to transport 24.8 million passengers today (May 1st), with 2,070 additional passenger trains planned. Last night and this morning, overnight high-speed trains began operating from Wuhan, Nanchang, Shanghai, and other cities. Among them, 229 overnight high-speed trains from major stations in the Yangtze River Delta region to Zhengzhou, Fuzhou, Hefei, and Nanchang are scheduled to operate as planned, ensuring fast and efficient travel for passengers during the holiday.

The yield on Japan's 30-year government bonds fell 2.0 basis points to 3.715%.