Market & Price Movements - Bitcoin jumps on US-Iran ceasefire talks, long-term rally remains uncertain: analyst Regulation, Policy & Legal - SEC admits 'flaws' in past crypto enforcement, cites misreading of securities law - DOJ rejects Tornado Cash

Key News 1. The People's Bank of China increased its gold reserves for the 17th consecutive month. 2. The State Administration of Foreign Exchange: As of the end of March 2026, my country's foreign exchange reserves reached US$3.3421 trillion. 3. Relevant departments of the State Council formulated a list of key sectors and implemented dynamic adjustments. 4. Li Qiang signed a State Council decree promulgating the "Regulations of the State Council on the Security of Industrial and Supply Chains." 5. An investigation into rumors of price increases in home appliances: Prices have not yet been adjusted, but many sales staff said, "Prices will rise soon." 6. Pakistani Prime Minister: The ceasefire between Iran and the United States will take effect at 3:30 AM Iranian time on the 8th. Individual Stock News 1. Hygon Information Industry: Net profit for the first quarter of 2026 was RMB 687 million, a year-on-year increase of 35.82%. 2. Sugon Information Industry: Net profit for the first quarter of 2026 was RMB 225 million, a year-on-year increase of 20.88%. 3. Western Gold: Net profit for the first quarter of 2026 is expected to be between RMB 450 million and RMB 560 million, representing a year-on-year increase of 1797.16% to 2260.91%. 4. Shenhuo Coal & Power: Net profit for the first quarter of 2026 is expected to be RMB 2.25 billion, representing a year-on-year increase of 217.68%. 5. Shannon Semiconductor: Net profit for the first quarter of 2026 is expected to be between RMB 1.14 billion and RMB 1.48 billion, representing a year-on-year increase of 6714.72% to 8747.18%. 6. Tianfu Communication: Net profit for 2025 was RMB 2.017 billion, representing a year-on-year increase of 50.15%. 7. Huayou Cobalt: Net profit for 2025 was RMB 6.11 billion, representing a year-on-year increase of 47.07%. 8. Beihua Shares: Net profit for 2025 was RMB 263 million, representing a year-on-year increase of 1,029.22%. 9. Changhong Hi-Tech: Corrected its earnings forecast, expecting a net loss of 6 million to 12 million yuan in Q1 2026. 10. CATL hired Chen Jinghe, founder of Zijin Mining. 11. Tianjin Pharmaceutical: The company's current R&D focuses on generic drugs, with no innovative drug projects under development. 12. GigaDevice: Controlling shareholder Zhu Yiming plans to reduce his holdings by 1.60%. 13. Chongqing Logistics Group signed a strategic cooperation agreement with CATL. 14. EVE Energy: Plans to establish a joint venture with Longking Environmental Protection to build a 60GWh annual production base for energy storage batteries, with a planned total investment of approximately 6 billion yuan. 15. China Power Investment Energy: Plans to acquire 100% equity of Baiyinhua Coal Power for 11.149 billion yuan. 16. Lingyi Intelligent Manufacturing: The company's various foldable screen projects are progressing smoothly, and mass production ramp-up and customer deliveries are proceeding according to plan. 17. Shennong Group: The average selling price of commercial pigs in March was 9.82 yuan/kg, a decrease of 12.32% month-on-month. 18. Lihua Shares: Revenue from pork sales in March 2026 was 248 million yuan, a decrease of 1.20% month-on-month. 19. Qianneng Hengxin: Well QK18-9-7 has completed all drilling, logging, well logging, and oil testing work, with a total drilling depth of 4820m. 20. Shengxin Lithium Energy: The company is maintaining communication with the Zimbabwean government, and some progress has been made. 21. Nandu Power: Chairman and General Manager Zhu Baoyi plans to reduce his holdings in the company by 1.5808%. 22. Tianshun Wind Energy: A wholly-owned subsidiary won a new marine engineering order, with a total order value of approximately 280 million yuan. 23. Kaile Shares: Plans to acquire 51% equity in Weitais Optoelectronics, transforming from traditional industrial manufacturing to high-end intelligent manufacturing for industrial upgrading.

Reserve Bank of India Governor: Global economic growth faces downside risks.