Hong Kong stocks closed, the Hang Seng Index closed close to flat, the index closed down 0.65%. Chip stocks were weak throughout the day, Huahong Semiconductor (01347.HK) fell about 5%.

European Union Trade Commissioner Sergei Sefcovic said talks were underway in Washington, hoping to seize the 90-day window of opportunity to find a mutual solution to the issue of unreasonable tariffs.

Court documents show that legal groups have filed a lawsuit at the U.S. Court of International Trade aimed at blocking U.S. President Donald Trump's tariff policies.

South Korea's Financial Intelligence Unit (FIU) said it has asked Apple to block 14 apps from overseas undeclared virtual asset operators, including KuCoin and MEXC, whose apps have been blocked since April 11. "Undeclared business practices will face criminal penalties," the statement said. The FIU has continued to target undeclared overseas operators and blocked domestic use through "websites and mobile apps." The FIU stressed: "In the future, we will continue to block such apps and websites i...

The yield on five-year U.S. Treasury bonds fell 15 basis points to 4.01%.

According to WSJ, citing people familiar with the matter, U.S. Treasury Secretary Vincent Bescent has named Britain, Australia, South Korea, India, and Japan as top targets for the trade deal, following President Trump's announcement of a wave of tariffs, including on those countries. The source explained that Bescent told allies that those countries were among his top targets, and that he had been in contact with officials in those countries.

The market shows that BTC has broken through $85,000 and is now quoted at $85,032, with a 24-hour increase of 0.38%. The market is volatile, so please do a good job in risk control.

Coinbase has announced the launch of KERNEL.

Nick Timiraos: Fed governor Paul Waller still sounds more dovish than his colleagues, who mostly stress the importance of defending low inflation expectations no matter what - with little discussion of the response function.

OpenAI founder Sam Altman: GPT-4.1 (along with -Mini and -Nano) is now available in the API.

Federal Reserve Governor Paul Waller said the new tariff policy is one of the biggest shocks to the U.S. economy in decades. I think the high inflation caused by tariffs will be temporary. If the current average tax rate of 25% is maintained for a while, the...

OpenAI founder Sam Altman: GPT-4.1 (along with -Mini and -Nano) is now available in the API.

JPMorgan Chase: lowered its forecast for Brent crude oil price in 2025 to $66 per barrel, from $73 previously; adjusted its Brent crude oil price target in 2026 to $58 per barrel, from $61 previously.