📡 Hourly Bulletin | 16:00-17:00

1. Before the U.S. stock market opens, SpaceX shares are down nearly 8%. Concerns were raised due to its capital expenditure plans. CEO Elon Musk said the company’s annual revenue is expected to reach $1 trillion by 2030.

2. The Ministry of Commerce will add six U.S. entities, including DNA Science companies, to its countermeasure list. Transactions with them are prohibited. It will also strengthen export controls on dual-use items related to drones to the U.S., with case-by-case, stricter review.

3. The A-share market surged on higher volume. The STAR Market 50 Index led the gains, up 4.78%. Total trading value across both markets rose by over RMB 450 billion compared with the previous day.

4. Rumors that the U.S. plans to ban imports of China’s optical modules have unsettled A-share stocks. Shares of NewEase, InnoLight (Jidian), and Tianfu Communication saw a combined total market cap drop of over RMB 100 billion.

5. OpenAI announced a price cut for the GPT-5.6 model API and added a “Fast” mode, providing developers with faster responses.

6. The European Union earned €1.4 billion in revenue from frozen Russian assets and decided to use it to support Ukraine.

7. Ukraine’s Air Force said Russian forces launched a large-scale attack on Kyiv, shooting down 98 drones but failing to intercept 28 missiles, resulting in at least 17 deaths.

8. The State Administration of Press, Publication, Radio, Film, and Television will include Thunder in its key monitoring platform. Future operations may face stricter compliance requirements.