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Middle East Conflict
 
*The Iranian Law Enforcement Command announced on April 5th that it shot down a U.S. C-130 transport aircraft.
 
*According to U.S. sources on the 5th, the second pilot from the recently downed U.S. F-15E fighter jet has been sent to Kuwait for medical treatment.
 
*U.S. President Trump posted on social media on April 4th, warning Iran again that further action may be taken within 48 hours.
 
Industrial Economy
 
*MoC held a national televised conference on promoting the trade-in of consumer goods on April 3rd, calling for sustained improvements in the efficiency of subsidy reviews and fund disbursement.
 
*MIIT and other 9 departments jointly issued a notice on the “Measures for the Ethical Review and Service of Artificial Intelligence Technology (Trial)”.
 
*MIIT and ACFSMC issued a “Notice on Further Strengthening the Construction of the Recycling System for Lithium-ion Batteries of Electric Bicycles”.
 
Financial
 
*The U.S. added 178,000 non-farm payroll jobs in March, significantly exceeding market expectations.
 
*PBoC announced that it will conduct an 800 billion yuan outright reverse repurchase operation on April 7th, with a term of three months.
 
Apr 3 Block Trade Info
 
*Discount
 
– Everprox Tech (300548 CH) saw 8 block trades worth 33.71mn at 150.00yuan per share, 4.99pct discount from last closing.
 
– Sinofuse Electric (301031 CH) saw 1 block trades worth 28.30mn at 113.20yuan per share, 14.94pct discount from last closing.
 
– Tongyi Industry (300538 CH) saw 2 block trades worth 13.59mn at 12.96yuan per share, 8.99pct discount from last closing.
 

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