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Fuyao Glass (3606): In the first quarter of 2026, the company's revenue performance was relatively stable, recording operating revenue of approximately RMB 10.413 billion, an increase of 5.08% compared to the same period last year. However, profitability declined significantly, with net profit attributable to shareholders of the listed company at approximately RMB 1.712 billion, a decrease of 15.68% year-on-year; basic earnings per share also declined from RMB 0.78 to RMB 0.66. The overall performance showed a phenomenon of "increased revenue but decreased profit," indicating that profit margins are being suppressed.

President Trump announced an extension of the ceasefire with Iran

President Trump announced an extension of the ceasefire with Iran, but maintained the naval blockade, awaiting Iran's submission of a unified negotiating proposal. However, Iranian media subsequently stated that they had not requested an extension of the ceasefire and ultimately decided not to participate in the negotiations scheduled for the 22nd. Meanwhile, Federal Reserve Chairman nominee Kevin Warsh took a hard line at his hearing, stating that the Fed needs "fundamental policy reforms" and a completely new inflation framework, emphasizing its independence and stating that it is not a "puppet" of the president.

Hong Kong Stock Connect saw a net inflow of HK$3.738 billion on Tuesday, with China Mobile (00941) experiencing the largest inflow at HK$1.067 billion, followed by Industrial and Commercial Bank of China (01398). Alibaba-W (09988) recorded the largest net outflow at HK$606 million, followed by Yangtze Optical Fibre and Cable (06869).