[selected Morning News of the Financial Associated Press on May 29] 1. According to data released by the National Bureau of Statistics on the 27th, from January to April, the total profits of industrial enterprises above the national scale reached 2.03288 trillion yuan, down 20.6 percent from the same period last year. The National Bureau of Statistics said that in the next stage, efforts should be made to restore and expand demand, further improve the level of convergence between production and marketing, and continue to boost the confidence of business operators. 2. U.S. president Joe Biden said in a speech on the 28th local time that he had reached a final agreement with House Speaker McCarthy on raising the debt ceiling and urged Congress to pass the agreement as soon as possible. China Eastern Airlines flight MU9191 from Shanghai Hongqiao International Airport landed safely at Beijing Capital International Airport on May 28th, marking the successful completion of the first commercial flight of a large domestic aircraft, C919. 4. Xu Xiaolan, vice minister of the Ministry of Industry and Information Technology, said at the plenary meeting of the 2023 Zhongguancun Forum on the 26th that it is necessary to gather forces to break through the "root" technologies of intelligent industries such as smart chips, algorithmic frameworks, and large models. On May 25, Minister of Commerce Wang Wentao met with U.S. Secretary of Commerce Raimundo. China expresses its key concerns on US economic and trade policy toward China, semiconductor policy, export control, and foreign investment review. The two sides agreed to establish communication channels to maintain and strengthen exchanges on specific economic and trade concerns and cooperation issues. 6. On May 26, the Shanghai Stock Exchange announced that it would focus on monitoring Nissan Fashion, Hangzhou Thermal Power and other serious abnormal stocks this week, while the Shenzhen Stock Exchange announced that it would focus on monitoring the recent abnormal growth of "Fengli Intelligence". 7. According to data released by the Ministry of Finance on the 26th, from January to April, the total operating income of state-owned enterprises was 26.22819 trillion yuan, an increase of 7.1% over the same period last year, and the total profit was 1.43881 trillion yuan, an increase of 15.1% over the same period last year. On May 26, Chinese Minister of Commerce Wang Wentao met with US Trade Representative Dai Qi. The Chinese side raised concerns about the US economic and trade policy toward China, Taiwan-related issues in the economic and trade field, the Indo-Pacific economic framework, the 301 tariff and other key issues. The two sides agreed to continue to maintain exchanges. 9. Wang Jianjun, vice chairman of the CSRC, said at the 2023 Summit of China's listed companies on the 27th that we should crack down on financial fraud and increase the three-dimensional accountability of "key minorities" and intermediaries. 10. The CSRC recently approved Morgan Stanley to set up Morgan Stanley Futures (China) Co., Ltd. in Beijing according to law. 11. Recently, the Zhaozhuo value selected equity financial planning products (class public offering funds) issued by China Banking broke the conventional fixed charging model regardless of rise or fall, stipulating that when the cumulative net value of the product is less than 1.00 yuan (excluding), the collection of management fees will be suspended, and the collection will be resumed when it is back to 1 yuan. 12. Hongbo announced that the Beijing AI Innovation Enablement Center project has been put into actual operation, and InBev has generated operating income and profits at the beginning of this month. 13. Langma Information Bulletin, the release of "Langma 39AI General Practitioner" is a medical and health field artificial intelligence product based on artificial intelligence model training, with health medicine Q & A, light consultation, chronic disease health management and other capabilities. 14. Qinchuan Machine tool said that sales and revenue of robot joint reducers are expected to increase by 30% in 2023 on the basis of last year. 15. Remote Communications in the interactive platform, the company's 5G module and Nvidia Jetson AGX Orin platform have successfully completed joint debugging to achieve 5G communication + AI edge computing capacity. 16, Rongsheng Development announcement, proposed to acquire 68.38% stake in Menggu Li, shares suspended today. 17. Wang said on the interactive platform that the company's KidsGPT intelligent consultant has been officially launched to implement applications in business scenarios. 18. Ziguang announced that it plans to raise no more than 12 billion yuan to acquire 349% of the shares in Xinhua. 19. Jin Baize issued a stock change announcement, the company did not supply Nvidia, there is no related income. Pinduoduo's revenue in the first quarter was 37.64 billion yuan, an increase of 58% over the same period last year, and the market expected 31.981 billion yuan. Pinduoduo's net profit in the first quarter of NON-GAAP was 10.13 billion yuan, an increase of 141% over the same period last year. 21. The three major indexes of US stocks collectively closed higher on Friday, with the Nasdaq up 2.19%, the weekly line up for five consecutive days, and the S & P 500 up 1.3%. Both closed at their highest level since August 2022, and the Dow rose 1%. Large technology stocks rose across the board, with Nai soaring by more than 5%, Amazon by more than 4%, Facebook by more than 3%, Nvidia by more than 2%, and tired by more than 24% in a week. Hot Chinese stocks rose generally, with the Nasdaq China Golden Dragon Index up 2.93% and pinduoduo up nearly 19%. 22. The core PCE price index in the United States rose 4.7% in April from a year earlier, with an expected 4.60% and a previous value of 4.60%. The core PCE price index in the United States rose 0.4% month-on-month in April and is expected to be 0.30%, compared with a previous value of 0.30%.