femorning 09.07

The State Administration of Financial Supervision hopes to incorporate insurance into the national disaster and emergency management system. The global manufacturing PMI has increased but is still at a relatively low level. The Beijing Stock Exchange is facilitating investors" account opening and promoting the construction of the credit bond market. The liquidity of the Hong Kong stock market is under review with potential relaxation of the listing threshold. Domestic refined oil prices will not be adjusted this time. Chinese vehicle manufacturers" global market share is expected to increase while traditional vehicle manufacturers may see a decrease. The semiconductor industry has bottomed out but recovery is slow. Storage vendor group has entered NVIDIA AI server supply chain and NAND prices have affected smartphone demand from mainland China. Global smartphone CIS shipment volume is expected to decline.