Real-time News

The yield on Japan's 30-year government bonds rose 3.0 basis points to 3.845%, while the yield on 40-year bonds rose 2.5 basis points to 4.095%.

On May 14th, TSMC released presentation materials prior to a technology symposium, indicating that the global semiconductor market is projected to exceed $1.5 trillion by 2030, surpassing its previous forecast of $1 trillion. TSMC predicts that artificial intelligence (AI) and high-performance computing (HPC) will account for 55% of this $1.5 trillion market, followed by smartphones at 20% and automotive applications at 10%. TSMC stated that it is accelerating its capacity expansion in 2025 and 2026, and plans to build nine new wafer fabs and advanced packaging facilities by 2026.

May 14 - It was learned on the 14th local time that a Panamanian-flagged crude oil tanker operated by the major Japanese oil company ENEOS has passed through the Strait of Hormuz.

According to Japan's Kyodo News, the Japanese government is considering setting aside an additional budget.

On May 14th, Baidu (09888.HK) opened 6.98% higher, reaching a high of HK$147.9. A research report released by Citigroup stated that Baidu Chairman and CEO Robin Li proposed at the BaiduCreate2026 launch event that artificial intelligence is shifting from a model-centric to an application- and agent-centric era. The era of AgenticAI has arrived, and Li proposed "daily active intelligent agents" as a new value metric to better reflect the productivity output of artificial intelligence. Citigroup believes that Baidu has demonstrated and positioned itself as a leader in the emerging "AgenticAI" era, possessing a clear strategy to transform its technology into commercial value.

According to the National Bureau of Statistics, the price of soybean meal (crude protein content ≥43%) in early May was 2,949.0 yuan/ton, a decrease of 0.3% compared with the previous period.

May 14th - The China Federation of Logistics and Purchasing (CFLP) released its April China E-commerce Logistics Index today (May 14th). Data shows that e-commerce logistics volume maintained rapid growth in April, showing an overall steady upward trend. The April China E-commerce Logistics Index was 110.6 points, a slight increase of 0.3 points month-on-month. In April, express delivery companies maintained stable operations, and several supply-side indicators continued to improve. Among the sub-indices, the logistics timeliness index, fulfillment rate index, satisfaction rate index, personnel index, and load factor index all rebounded.

According to the National Bureau of Statistics, the price of live pigs (three-way crossbred) in early May was 9.6 yuan/kg, a decrease of 2.0% compared to the previous period.

The main contract for 2-year Treasury bond futures (TS) rose 0.01%, the main contract for 5-year Treasury bond futures (TF) rose 0.01%, the main contract for 10-year Treasury bond futures (T) rose 0.02%, and the main contract for 30-year Treasury bond futures (TL) rose 0.04%.

According to the official measurement of the China Earthquake Networks Center, a 3.3-magnitude earthquake occurred at 09:19 on May 14 in Kuqa City, Aksu Prefecture, Xinjiang (41.35 degrees north latitude, 83.92 degrees east longitude), with a focal depth of 20 kilometers.

On Thursday, May 14, the Hang Seng Index opened 448.22 points higher, or 1.7%, at 26,836.66; the Hang Seng Tech Index opened 164.71 points higher, or 3.23%, at 5,258.56; the H-share Index opened 193.62 points higher, or 2.18%, at 9,070.0; and the Red Chip Index opened 23.18 points higher, or 0.5%, at 4,637.33.

On May 14th, the highest 7-day annualized yield of Tencent Wealth Management's "Current Account +" was 1.2620%, and the lowest was 0.7350%. The highest 7-day annualized yield of WeChat Pay's "Lingqian Tong" was 1.0240%, and the lowest was 1.0000%. The highest 7-day annualized yield of Alipay's "Yu'ebao" was 1.1920%, and the lowest was 1.0000%.

The People's Bank of China (PBOC) announced today that it conducted 500 million yuan of 7-day reverse repurchase operations, with a bid amount of 500 million yuan and a winning bid amount of 500 million yuan. The operation rate was 1.40%, unchanged from the previous rate.

The main platinum futures contract rose 2.00% intraday, currently trading at 541.50 yuan/gram.

South Korea's Finance Minister: A strike at Samsung Electronics would pose a significant risk to economic growth, exports, and markets.

Futures News, May 14th: With crude oil prices falling overnight and chemical commodities generally trending weakly, ethylene glycol is likely to see a downward trend today. Market trading is expected to range between 4850 and 4900.