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People Finance News, March 24th - The three major A-share indices opened collectively higher, with the Shanghai Composite Index up 0.95%, the Shenzhen Component Index up 1.27%, and the ChiNext Index up 0.98%. On the market, lab-grown diamonds, non-ferrous metals, and gold concepts strengthened, while oil and coal sectors experienced slight adjustments.

People's Finance News, March 24 — On the morning of March 23, Vice Director of the National Development and Reform Commission Shen Zhulin met with Kai Li, Chairman of the Executive Board of German BASF Group, at the Commission. Both sides exchanged views on China's "15th Five-Year Plan" Outline, green and low-carbon development of the chemical industry, and BASF's development in China.

People Finance News, March 24 — On March 23, the A-share market experienced volatility. According to Wind data, broad-based ETFs including Huatai-Borabank CSI 300 ETF, UBS Shanghai-Shenzhen 300 ETF, Guotai Fangxuan Shanghai Composite Index ETF, Huaxia Shanghai 50 ETF, Southern China Securities 1000 ETF, Huaxia Sci-Tech 50 ETF, and EZFunds ChiNext ETF all received net inflows exceeding 1 billion yuan, with total net inflows exceeding 10 billion yuan.

Since the beginning of this year, various regions have implemented trade-in policies for consumer goods that demonstrate local characteristics, with more quantifiable targets and supporting measures. Henan's goal is to complete vehicle replacements of 500,000 units and home appliance replacements of 5 million units by the end of 2026, to stimulate consumption potential. Data from the Ministry of Commerce shows that the policy has driven sales of 47.623 million units, indicating an active consumer market. Going forward, it is necessary to strengthen government-enterprise collaboration, optimize policy implementation, and promote sustained consumption growth.

Shenzhen Municipal Bureau of Development and Reform released a work plan on March 23, planning to accelerate the commercialization and operation of intelligent connected vehicles by 2026, including promoting the construction of a regulatory platform, opening test demonstration roads, and piloting autonomous driving technology applications in multiple scenarios. Nanshan District and Bao'an District will serve as pilot areas to achieve unified cross-district operational standards.

Since the beginning of this year, the domestic beef market has gradually risen, replacing imported beef as the mainstream. Beef prices have warmed up, breeders have increased their herds, beef traders have adjusted their direction, and industrial upgrades combined with policy support have driven domestic beef to embrace new development opportunities.

Japan's Tokyo Electric Power Company announced that the Fukushima Daiichi Nuclear Power Station is expected to complete the discharge of contaminated nuclear water within the 2025 fiscal year, with a cumulative discharge of approximately 55,000 tons. Despite opposition from the international community, Japan began the discharge into the sea in 2023 and has so far completed 18 discharges, totaling approximately 141,000 tons.

Computing power hardware has become a key driving force in the era of intelligent computing amid the AI wave. Enterprises such as Shenghuo Technology, Unigroup Co., Ltd., and Inspur Information are actively expanding their layouts, focusing on core technologies and high R&D investments to achieve industry leadership. Their technological innovation and performance growth are driving rapid development of the AI computing power hardware industry, and through capital market mechanisms, they are enhancing resource integration efficiency and facilitating high-quality industry development.

On March 23rd, the three major A-share indices opened and closed lower, with the Shanghai Composite Index declining 3.63%. Coal and green power concept stocks rose against the trend, with multiple individual stocks hitting daily limits. Gold stocks fell significantly, with over 5,100 individual stocks declining across the market, and transaction volume exceeding 2.4 trillion yuan.

People Finance News March 23 - As of press time, southbound funds net buying amount reached HK$20 billion.

People Finance News, March 23 - PuluTong (002769) replied on the interactive platform on March 23 stating that the company is not currently involved in the Xiaomi SU7 supply chain system. Additionally, the company's current business does not involve solid-state battery business.

People Finance News, March 23 - Domestic commodity futures closed with energy and chemical futures rising across the board. BR rubber, liquefied gas, coking coal, plastic, and polypropylene main contracts hit daily limits, propylene rose over 12%, pure benzene rose over 11%, methanol, ethylene glycol, and para-xylene rose over 8%. Palladium fell over 12%, Shanghai silver and platinum fell over 11%, Shanghai gold and polysilicon fell over 8%.

People Finance News March 23 - Spot gold breaks below $4200/ounce, down 6.5% intraday.

International gold prices have experienced a sharp recent decline, with London spot gold falling 10.49% in a week, marking the largest weekly drop since 1983. Despite some consumers taking advantage of the lower prices to purchase, the market remains largely in wait-and-see mode. Expert analysis suggests this trend is closely related to US-Iran tensions and the global economic situation, with gold at a critical price inflection point.

Shenzhen Development and Reform Commission released the "Shenzhen 2026 Plan to Optimize Market-oriented Business Environment," aimed at strengthening industrial land supply, optimizing management methods and project selection, supporting quality enterprises to settle in, promoting industrial space platform construction, and encouraging enterprises to jointly acquire land.

The Shanghai Stock Exchange released February stock option brokerage business data, showing a stable options market with solid investor fundamentals. Competition among leading brokers remains intense, with Guotai Haofeng achieving a breakthrough, while mid-sized and small brokers enhance client acquisition efficiency through internet and differentiated services. Zheng Lei recommends that brokers optimize service and risk management to achieve better growth.

People's Finance News, March 24 – According to information obtained by reporters, on March 24 local time, Japanese Prime Minister Takayama Sanae stated at a cabinet meeting regarding the Middle East situation that Japan will begin releasing national petroleum reserves starting from the 26th. Additionally, Takayama Sanae stated that the "OPEC joint reserves" stored domestically in Japan by Middle Eastern oil-producing countries are also expected to begin being released within March. (CCTV News)

Renmin Finance News March 24 — Spot silver fell more than 3% intraday, breaking below $67 per ounce.

A member of the Political Bureau of the Central Committee of the Communist Party of China, Wang Yi, had a phone call with Iranian Foreign Minister Araghchi to discuss regional situations and peace processes. Both sides reaffirmed the importance of resolving disputes through dialogue, and called for a comprehensive ceasefire and all parties to take peace-promoting measures to safeguard national sovereignty and regional stability.