The National Data Administration is seeking public feedback on an implementation plan for advancing the construction of high-quality industry datasets. The draft proposal suggests exploring innovative pathways for the assetization of high-quality industry datasets. It encourages qualified institutions to pioneer pilot initiatives involving dataset asset inventory, registration, and valuation, aiming to accumulate replicable and scalable experience for data assetization. The administration also advocates for exploring diversified assetization models such as dataset pledge financing, equity investment, asset securitization, data trusts, and data insurance to broaden channels for realizing data value. Additionally, the proposal emphasizes innovating business models for high-quality industry datasets by improving long-term operational mechanisms. It promotes listing datasets on data exchanges and developing diverse service formats like subscription models, marketplace models, and customization models, facilitating a transition from basic data package sales to API calls, model-based solutions, and full-stack services. The plan also explores novel trading modes such as token-based transactions, aiming to establish a quantifiable and pricable value system for datasets grounded in tokens.

Overnight, U.S. stock markets displayed mixed performance, with major technology stocks generally rising. The Dow Jones Industrial Average fell by 72.27 points to close at 48,463.72, a decline of 0.15%. The S&P 500 index gained 55.57 points, closing at 7,022.95, up 0.8%. The Nasdaq Composite Index increased by 376.94 points, finishing at 24,016.02, a rise of 1.59%. Large-cap tech stocks saw broad gains: Tesla rose over 7%, Microsoft and Broadcom increased more than 4%, Apple advanced nearly 3%, while Nvidia, Google, and Meta each gained over 1%. Sectors such as cryptocurrency concepts, AI software applications, and automobile manufacturing led the gains. Figma and Robinhood surged over 10%, Datadog climbed more than 9%, and Coinbase and Lotus increased over 6%. Allbirds skyrocketed more than 582% after announcing a shift in its business focus to AI computing infrastructure. Most popular Chinese concept stocks advanced, with the Nasdaq Golden Dragon China Index rising 0.75%. Hong Kong's Hang Seng Index ADRs also rose proportionally, closing at 26,135.96 points, up 188.64 points or 0.73% compared to the Hong Kong market close. NYMEX WTI crude oil futures for the current month increased by $0.11 to settle at $91.39 per barrel, a gain of 0.12%. COMEX gold futures for the current month fell by $36.20, or 0.75%, to $4,813.9 per ounce.

The People's Bank of China and the State Administration of Foreign Exchange have raised the overseas loan leverage ratio for certain banks. The ratio for wholly foreign-owned banks in China, Sino-foreign joint venture banks, and branches of foreign banks in China has been increased from 0.5 to 1.5. Banking institutions established in mainland China by financial institutions from Hong Kong SAR, Macao SAR, and Taiwan are subject to analogous provisions. The overseas loan leverage ratio for the Export-Import Bank of China has been raised from 3 to 3.5. If the calculated ceiling for overseas loan balances is less than 10 billion yuan, the approved ceiling for that bank's overseas loan balance is set at 10 billion yuan.

The General Office of the State Council has issued an opinion on deepening the reform of the investment approval system. The document states that, based on industrial development stages and capacity monitoring and early warning situations, the approval or filing authority levels for enterprise investment projects will be dynamically adjusted according to established powers, or filing management may be changed to approval management upon State Council approval. For industrial sectors with prominent disorderly competition issues, temporary regulatory measures such as suspending approvals or filings may be implemented with State Council consent, with specific requirements, time limits, and operational methods clearly defined.

The Federal Reserve's Beige Book, released early Thursday Beijing time, indicated that the conflict in the Middle East has become the primary source of uncertainty for the U.S. economy, affecting consumption, employment, capital expenditure, and even the real estate market. The Fed's next policy meeting is scheduled for April 28-29, with widespread market expectations that officials will maintain the current policy stance. This report was compiled by the New York Fed based on information collected up to April 6.

Alibaba Cloud has announced a price increase for some Model Unit (MU) services on its large model service platform, Bailian. The adjustment, ranging from 2% to 7%, is attributed to ensuring stable supply of underlying hardware, enhancing platform operation and maintenance service quality, and responding to changes in computing power market costs.

AGTECH HOLDINGS (08279) plans to invest 300 million Macau patacas to subscribe for 3 million shares of Ant Bank (Macau). The subscription price is 100 Macau patacas per share. Following the capital increase, mFinance, an indirect wholly-owned subsidiary of AGTECH HOLDINGS, will hold approximately 32.6% of the issued share capital of Ant Bank (Macau).

SBP GROUP (01177) announced that its wholly-owned subsidiary, Linxen Medicines, has completed the first patient enrollment for a Phase III clinical trial of its self-developed innovative drug, Vitecobimab (LM-302), a CLDN18.2 ADC. The trial is evaluating the drug in combination with a PD-1 inhibitor as a first-line treatment for CLDN18.2-positive locally advanced or metastatic gastric and gastroesophageal junction adenocarcinoma. This is the second Phase III trial for LM-302 and is reported as the global first Phase III trial for a CLDN18.2 ADC drug using a chemotherapy-free regimen in first-line gastric cancer treatment.

SIGENERGY (06656) saw its gray market price surge nearly 80% ahead of its listing on April 16. The gray market closing price was HK$578, compared to an IPO price of HK$324.2, implying a profit of HK$25,380 per lot of 100 shares, excluding fees.

LYGEND RESOURCE (02245) stated that changes in Indonesian nickel ore policies do not affect its normal operations. The company maintains a good cooperative relationship with its Indonesian partners, ensuring the stable operation of the Obi project. Both parties have established a relationship based on equity ties and business synergy, with communication and collaboration founded on solid mutual trust and shared benefits.

CICC (03908) estimates its first-quarter net profit attributable to shareholders will be between 3.369 billion yuan and 3.88 billion yuan, representing a year-on-year increase of 65% to 90%.

CATL (03750) reported its first-quarter results, with net profit attributable to shareholders reaching 20.738 billion yuan, an increase of 48.52% year-on-year. Operating revenue was 129.131 billion yuan, up 52.45% year-on-year.

Ganfeng Lithium indicated that supply and demand conditions for lithium products are relatively tight. The company believes that currently high oil prices may accelerate the substitution of new energy for traditional energy, thereby increasing medium-to-long-term demand for lithium products.

REMEGEN (09995) announced it has received a $650 million upfront payment from AbbVie related to an exclusive licensing agreement for RC148, a novel self-developed bispecific antibody targeting PD-1 and VEGF. Under the agreement, AbbVie gains exclusive rights for the development, production, and commercialization of RC148 outside Greater China. REMEGEN is also eligible for up to $4.95 billion in additional milestone payments and tiered double-digit royalty percentages on net sales outside Greater China. The company reported that collaboration progress is smooth.