[selected News of the Financial Associated Press on the morning of June 1] 1. According to the National Bureau of Statistics, in May, the PMI of the manufacturing industry was 48.8%, down 0.4% from the previous month, below the tipping point, and the level of manufacturing boom fell slightly. In May, the non-manufacturing business activity index was 54.5%, down 1.9 percentage points from the previous month, still above the tipping point, and the non-manufacturing sector continued to restore growth. On May 31, the offshore RMB fell more than 400 points against the dollar, hitting as low as 7.1336, the lowest since November 30, 2022, to 7.1192 at 04:59 Beijing time on June 1, down 281 points from late trading in New York on Tuesday. As of press time, the offshore RMB was trading at 7.1160 to the dollar. 3. Shenzhen issued the "Shenzhen Action Plan for accelerating the High-quality Development of artificial Intelligence (2023-2024)", which proposes to integrate Shenzhen's computing resources and build a city-level overall scheduling platform for computing power. Minister of Industry and Information Technology Jin Zhuanglong met with Musk, CEO of Tesla Company, in Beijing on May 31, and the two sides exchanged views on the development of new energy vehicles and intelligent network connected vehicles. On the same day, Minister of Commerce Wang Wentao met with Musk. The two sides conducted extensive and in-depth exchanges on issues such as Sino-US economic and trade cooperation and Tesla's development in China. 5. The Ministry of Public Security recently issued a circular requiring public security organs across the country to further strengthen their efforts to crack down on securities crimes and persist in unrelenting and thoroughly investigating the crimes of fraudulently issuing securities. In particular, it is necessary to step up efforts to crack down on suspected crimes committed by controlling shareholders and actual controllers. 6. Wanda sells its digital payment license to byte jump? In this regard, Douyin Group officials responded to the Financial Associated Press reporter that it is only a preliminary contact at present. 7. Mark Gurman, a well-known Apple whistleblower, said that it is expected that Apple WWDC 2023 will have three key contents: several new Mac products, the first mixed reality Touxian, and the new operating system. 8. Northbound Capital sold a net sale of 3.798 billion yuan yesterday. Guizhou Moutai, Industrial Union and China China exemption received a net sale of 1.198 billion yuan, 511 million yuan and 502 million yuan respectively. Cambrian net purchases ranked first, with an amount of 435 million yuan. 9. Jingjiawei announced that it is proposed to raise no more than 4.2 billion yuan for the general GPU chip project. 10. Yitong Technology issued a stock change announcement. The company and Huami Technology are two independent main bodies of business, and the company's existing business does not involve the "brain-computer concept". 11. China Southern Airlines announced that it is proposed to raise no more than 17.5 billion yuan for the introduction of 50 A320 NEO series aircraft. SMIC announced that it is expected to invest a total of 22.2 billion yuan to build a 12-inch digital-analog hybrid integrated circuit chip manufacturing project within two to three years. 13. Cambridge Technology announced that controlling shareholder CIG Cayman intends to reduce its stake in the company by no more than 1%. 14. Prit announced that it intends to invest 10.2 billion yuan in the construction of sodium-ion and lithium-ion battery and system projects. 15. The three major indexes of US stocks closed down on Wednesday, with the Nasdaq down 0.63% and up 5.8% in May; the S & P 500 fell 0.61% and 0.25% in May; and the Dow fell 0.41% and 3.49% in May. Among them, the Nasdaq and the S & P 500 index rose three months in a row. Most large technology stocks fell, with Nvidia down more than 5%, rising 36.64% in May. Hot Chinese stocks were mixed, with the Nasdaq China Golden Dragon Index down 0.44% and 8.8% in May. 16. The settlement price of international crude oil futures fell more than 1% on Wednesday. WTI July crude oil futures closed down 1.97% at $68.09 a barrel, while the main contract fell 10% in May. Brent July crude oil futures closed down 1.2% at $72.66 per barrel, while the main continuous contract fell 8.38% in May. 17. The U.S. House of Representatives will vote on the debt ceiling agreement on Wednesday night EDT, and Biden and leaders of both parties believe the bill can be passed smoothly. 18. Two key Fed officials, including Jefferson, the candidate for vice chairman of the Federal Reserve, have hinted that the June meeting may not raise interest rates for the time being. The probability of interest rate hikes reflected by market pricing fell from more than 70 per cent to about 40 per cent in June. 19. The Federal Deposit Insurance Corporation (FDIC) reported that the number of "problem banks" increased to 43 in the first quarter, with total bank deposits falling the most since records began in 1984. 20. Nvidia CEO Huang Renxun is reported to be planning to travel to China in June to meet with executives of Chinese technology companies such as Tencent and Byte Jump.