[selected Morning News of the Financial Associated Press on May 25] Chinese President Xi Jinping met with Russian Prime Minister Mishuskin at the Great Hall of the people on the afternoon of the 24th. Xi Jinping stressed that China is willing to continue to firmly support each other with Russia on issues related to each other's core interests and strengthen cooperation in the multilateral arena such as the United Nations, the Shanghai Cooperation Organization, the BRICS countries, and the G20. Chinese Vice President Han Zheng met with Dutch Deputy Prime Minister and Foreign Minister Hookstra in Beijing on the 24th. Han Zheng said that China is willing to work with the Netherlands to promote practical cooperation in various fields to better benefit the people of the two countries. 3. The "minutes of Kunming City Investment expert meeting" continued to ferment. Haitong Securities issued a statement saying that the remarks of external participants only represent their individuals, not the views and positions of Haitong Securities. Minsheng Bank Kunming Branch said that the minutes of the meeting were issued in the name of employees and participated in the activities without approval and authorization. 4. The new version of the regulations on the Administration of Commercial passwords will come into effect on July 1. The regulations point out that the state encourages commercial cryptographic technology cooperation based on voluntary principles and commercial rules in the process of foreign investment. 5. The Shanghai Stock Exchange and the Singapore Stock Exchange recently signed a memorandum of understanding on cooperation in the exchange of ETF products. Shanghai and Singapore will strive to strengthen their sincere cooperation in the exchange of ETF products and support the cooperation between Chinese and New Zealand market institutions in the development of ETF products. 6. The Energy Bureau of Guangdong Province recently issued a circular on the implementation plan for promoting high-quality energy development in Guangdong Province. According to the notice, the installed power capacity of the province will reach 260 million kilowatts by 2025, with non-fossil fuels accounting for about 44 percent of the total. 7. Xinyang, Henan plans to adjust the housing provident fund policy, purchase, build, renovate and overhaul self-occupied housing in Xinyang and install elevators in the transformation of old urban residential areas, according to the relevant information within two years, you can withdraw the housing provident fund of myself and your spouse, parents and children at one time. 8. The Internet Society of China issued an article yesterday to warn against the use of false audio and video videos such as "AI face change" and "AI voice change" to carry out new scams of fraud and slander. 9, data statistics, as of May 23, the most recent month, the field funds in Science and Technology Innovation Board investment to take "more and more buy" operation, a total of "suck up" 25.643 billion yuan. IFLYTEK's share price plummeted on Wednesday. IFLYTEK responded that the decline was caused by a false composition written by a generative AI, and the rumor risk was false news. 11. Jingke Energy announcement, plans to invest about 56 billion yuan to plan and build an annual 56GW vertical integration base project. 12. TCL Central announced that it intends to set up a joint venture with Vision Industries and build a photovoltaic wafer factory in Saudi Arabia. 13. Xiaomi's revenue in the first quarter was 59.48 billion yuan, down 18.9% from the same period last year, 9.9% from the previous month, and estimated at 58.81 billion yuan. The adjusted net profit was 3.23 billion yuan, up 13.1% from the same period last year, up 121.3% from the previous year, and estimated at 3 billion yuan. 14. Xiaopeng Q1 revenue fell 45.9% to 4.03 billion yuan compared with the same period last year, and the net loss increased by 37.6% to 2.34 billion yuan compared with the same period last year. Q2 car delivery is expected to range from 21000 to 22000 vehicles. 15. At one point after trading, Invid's stock rose to nearly 30%. The company released a better-than-expected revenue outlook for the second quarter. The company has significantly increased the supply of chips in the data center; the supply of chips will increase significantly in the second half of the year. 16. The three major indexes of US stocks closed down on Wednesday, with the Dow down 0.77%, the S & P 500 down 0.73% and the Nasdaq down 0.61%. Most popular Chinese stocks fell, with the Nasdaq China Golden Dragon Index falling 2.17%. Weilai fell by more than 9% and Xiaopeng by more than 5%. In terms of European stocks, Germany's DAX index fell 1.92%. In terms of commodity futures, international oil prices rose across the board, with US oil up 1.8% and cloth oil up 1.93%. 17. White House and Republican representatives resume debt ceiling negotiations. House Speaker McCarthy is confident that an agreement can be reached in time to avoid default, but he has not yet set a time for a meeting with Biden. 18. The minutes of the Fed meeting revealed that the Fed tends to sit tight in June, but the cycle of raising interest rates has not come to a halt. Interest rate futures prices show that the market expects to raise interest rates in July with a probability of more than 70%. 19. Fitch said that putting the United States'"AAA" rating on a negative watch list may downgrade the United States' AAA rating.