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On March 18, the three major A-share indices closed in the red, with the Shanghai Composite ending its four-day decline. The technology sector led the rebound, and capital flows showed active trading in communication equipment and semiconductor sectors. Although the trading volume hit a new low for the month, market expectations for further downside remained consistent, supporting a bottoming process. External uncertainties still exist, but catalysts in the technology industry are strengthening, and the market may return to fundamentals in the future. Investors are paying attention to stocks with earnings expectations.

A legal stalemate between the Trump administration and the Federal Reserve could allow Powell to potentially continue serving as acting chair after his term ends. Powell cites legal and historical precedent to support this position, but the current situation is complex, especially given Trump's dissatisfaction with him and Waller's nomination failing to be confirmed. This could lead to market volatility and legal uncertainty.

A-shares opened lower and traded lower today, with the Shanghai Composite Index briefly breaking below 4,000 points, rebounding to 4,006.55 points in late trading. The core market pressure currently stems from oil prices, as escalating geopolitical conflicts have driven international oil prices up sharply. Despite market panic, no stampede occurred, with capital actively bidding on dips. Defensive assets such as banks, oil & gas, and low-volatility tech stocks have attracted attention. Going forward, investment focus should be on assets that can hedge energy risks, avoiding aggressive positioning strategies.

Shanghai Guijiu Co., Ltd. (*ST Yanshi) announced on March 20 that it learned of a first-instance judgment in a service contract dispute case, confirming that the company does not need to bear any liability, and the corresponding decision does not affect the company's profits. The judgment requires another defendant to pay the plaintiff's fees, with the relevant fees to be borne by the plaintiff and other defendants in total.

Chifeng Gold has suspended trading due to its controlling shareholder Li Jinyang planning to transfer shares, marking a significant control handover for the company within more than a decade. Li Jinyang took over the company following Zhao Meiguang's death. With recent increases in gold prices and significantly improved performance, the market is focused on whether the incoming buyer will change the company's development strategy.

Huangtian'e raw-edible eggs have come under scrutiny after testing revealed the presence of artificial synthetic dye tartrazine. The brand owner, Fengjiji Food Group, denies artificial additives and emphasizes the use of natural pigments. The incident has attracted public attention, and relevant brand partners have halted cooperation and removed products from shelves. Although tartrazine is considered a legal additive and poses no harm to human health, the industry lacks standardized regulations, and consumers have expressed concerns.

Forex.com App News——As Middle Eastern warfare has persisted for nearly a month, an explosive piece of news has instantly ignited global financial markets: Iranian senior officials revealed that despite initial negative reactions, Tehran is still seriously evaluating a 15-point ceasefire proposal transmitted by the United States through Pakistan. This is not a direct rejection, but rather leaves room for maneuver. Meanwhile, Israel remains skeptical about prospects, while the Trump administration in the US has made high-profile threats to implement more intense strikes. At this critical juncture of geopolitical maneuvering, spot gold prices surged nearly 3% during Wednesday's (March 25) trading session, touching near the $4600 level, ultimately closing at $4506.49, up approximately 0.72%, while April futures gold jumped 3.4% to $4552.30. This fluctuation not only reflects investors' risk-aversion demand amid war uncertainty, but also reveals the impact of declining oil prices...

The 17th World Economic Forum New Champions Annual Meeting will be held in Dalian from June 23-25, with the theme of "Innovation at Scale." The forum will attract 1,500 global leaders to drive urban transformation and attract investment. Dalian will integrate exhibition areas and cultural activities into residents' daily lives, showcasing its development potential and open innovation.

Tasly Pharmaceutical Group has signed a cooperation agreement with Beijing Neurosurgery Research Institute and Beijing Rencheng Biotechnology to jointly develop autologous CAR-T products targeting CD44 and CD133, aimed at promoting the industrialization of recurrent glioblastoma indications. Tasly is the listed holder, with estimated research and development expenses of 240 million yuan. Independent directors believe this move is conducive to resource integration and accelerating product development.

Haoneng Co., Ltd. announced an investment of 400 million yuan to expand its automotive differential production base, with plans to increase production capacity and enhance product value to support core customer orders and international market expansion. Meanwhile, the company continues to grow, with revenue in the first three quarters of 2025 increasing 12.25% year-over-year.

The U.S. White House Press Secretary stated that negotiations with Iran remain actively ongoing, with Trump instructing a pause in military operations. If Iran refuses to accept reality, more forceful measures will be taken. The U.S. military has conducted multiple strikes against Iran with significant results. The White House emphasized that negotiation details are not being made public, and outside reports about the talks are largely speculative.

Shangwei Co., Ltd. announced the reappointment of Rongcheng Accounting Firm as the audit institution for 2026, with audit fees remaining consistent with 2025. Rongcheng Accounting Firm possesses professional capability and good integrity; however, it has recently been involved in civil litigation cases. The Board of Directors approved this decision, which will take effect after being submitted for shareholders' meeting review and approval.