Oil Pumps at Sunset
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International
 
– China and Russia have signed a joint statement on supporting open trade and multilateralism. The statement emphasizes the need to uphold multilateralism, resist unilateral coercive measures and trade protectionism, and oppose trade restrictions imposed in the name of national security and other pretexts.
 
Sectors
 
– National Development and Reform Commission: The prices of domestic gasoline and diesel (standard products) have been raised by 75 yuan and 70 yuan per ton respectively.
 
Industry
 
– Tesla officially announced that FSD Supervised is now available in multiple countries including China, the United States, Canada, South Korea, the Netherlands and Australia. In addition, Tesla has officially discontinued production of the Model S and Model X. The original production lines will be repurposed to manufacture humanoid robots, with a planned annual capacity of one million units.
 
Data
 
– Data from the National Energy Administration shows that as of the end of April 2026, China had a total of 21.955 million electric vehicle charging facilities (charging guns), representing a year‑on‑year increase of 47.4%.
 
– Since the start of this year, A‑share listed companies have maintained strong enthusiasm for share buybacks. As of May 20, a total of 491 A‑share listed companies have disclosed 1,146 share buyback plans or relevant progress updates this year, with a cumulative buyback value of 92.647 billion yuan.
 
May 21 Block Trade Info
 
*Discount
 
– Avary Holding (002938 CH) saw 1 block trades worth 1992.00mn at 83.00yuan per share, 8.00pct discount from last closing.
 
– Zhongji Innolight (300308 CH) saw 4 block trades worth 195.87mn at 993.34yuan per share, 4.21pct discount from last closing.
 
*Premium
 
– Tianshan Aluminum (002532 CH) saw 1 block trades worth 358.34mn at 15.86yuan per share, 1.99pct premium from last closing.
 

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