【Financial News Broadcast】 Multiple jewelry brands' gold ornaments are approaching a price of 1,400 yuan! Is the Model 3 Standard Edition launching in China? Tesla responds

Macroeconomic Dynamics

New regulations from the International Civil Aviation Organization: Each passenger may carry a maximum of two portable chargers.

On March 27 local time, the International Civil Aviation Organization announced that starting from that day, the number of portable chargers a passenger can carry on a flight will be limited to two. Passengers will also be prohibited from charging portable chargers during the flight. It is reported that some airlines and countries have already begun to restrict the use of portable chargers on flights.

In response to the turbulent energy market, Russia plans to implement a temporary ban on gasoline exports starting April 1.

The Russian government stated that Deputy Prime Minister Alexander Novak instructed the Ministry of Energy on March 27 to draft an administrative order prohibiting gasoline exports starting April 1, with the aim of stabilizing prices amid the turmoil in the energy market caused by the conflict in the Middle East and prioritizing the supply to the domestic market.

China achieves the first production of medical-grade alpha isotopes at curie level.

According to CCTV news, reporters from the Institute of High Energy Physics of the Chinese Academy of Sciences learned that the large scientific facility, China Spallation Neutron Source, has recently achieved the first production of medical-grade alpha isotopes at curie level, which will accelerate the transition of China’s self-developed alpha radiopharmaceuticals from laboratory to clinical application. Alpha isotopes, with their unique advantages of “high energy and short range,” can accurately kill cancer cells while causing minimal damage to surrounding healthy tissues, making them powerful tools for tumor treatment, especially for the targeted therapy of advanced tumors. However, for a long time, core therapeutic alpha isotopes such as actinium-225 and radium-223 have been entirely reliant on imports, and their supply is scarce. The mass production of these isotopes faces multiple technical barriers, becoming a globally recognized industry challenge, and has restricted the development of China’s alpha radiopharmaceutical industry.

Financial Institutions

Harbin Bank’s total assets exceed 1 trillion yuan, net profit increases by 16.83% year-on-year in 2025.

Harbin Bank’s 2025 annual report shows that the bank achieved operating income of 14.546 billion yuan last year, an increase of 2.13% year-on-year, and net profit of 1.265 billion yuan, an increase of 16.83% year-on-year. As of the end of 2025, total assets amounted to 1,019.34 billion yuan, an increase of 11.3% compared to the end of the previous year, making it the second city commercial bank in Northeast China to exceed 1 trillion yuan in total assets. As of the end of last year, the non-performing loan ratio was 2.80%, a decrease of 0.04 percentage points from the end of the previous year, and the provision coverage ratio was 198.26%, a decrease of 4.33 percentage points from the end of the previous year.

Market Data

U.S. stocks: Nasdaq closes down over 2%, S&P 500 index records five consecutive weekly declines.

On March 27 local time, the three major U.S. stock indices collectively closed lower, with the Nasdaq down 2.15%, a cumulative decline of 3.23% this week; the S&P 500 index down 1.67%, a cumulative decline of 2.12% this week, marking the longest consecutive decline since 2022; the Dow Jones Industrial Average down 1.72%, a cumulative decline of 0.9% this week. Tech stocks fell broadly, with Meta and Amazon down nearly 4%, and Tesla, Qualcomm, Broadcom, Google, Microsoft, Intel, and NVIDIA down over 2%.

Company Dynamics

Domestic gold jewelry prices approach 1,400 yuan per gram.

On March 28, a comparison of domestic gold jewelry prices showed that many gold jewelry brands announced an increase in the price of domestic pure gold jewelry compared to the previous day. Lao Feng Xiang quoted 1,396 yuan per gram, up 28 yuan from the previous day’s 1,368 yuan; Lao Miao Jin quoted 1,397 yuan per gram, up 32 yuan from the previous day’s 1,365 yuan; Chow Sang Sang quoted 1,391 yuan per gram, up 27 yuan from the previous day’s 1,364 yuan.

Is the Model 3 Standard version being launched in China? Tesla: No plans to introduce it domestically.

Tesla customer support responded to user inquiries in the comments section of Tesla’s official Weibo on March 27, stating that the news about the Model 3 Standard version being launched in China is not true, and that this model is currently only sold in certain overseas markets, with no plans to introduce it domestically.

Sony’s national version of PS5 sees a price increase across the board.

Sony Interactive Entertainment (SIE) has recently broken the tradition of game hardware “naturally decreasing in price” with the economic cycle and officially announced a price increase for the PlayStation 5 series consoles in the Chinese mainland market. On the evening of March 27, Sony PlayStation China stated that due to the continued pressure on the global economy, it would raise the suggested retail prices for the national version PS5 Slim and PS5 Pro, with new prices officially effective from April 2. The price of the PS5 Slim digital version will rise from 3,499 yuan to 3,999 yuan, an increase of 500 yuan; the PS5 Slim game console will rise from 4,299 yuan to 4,399 yuan, an increase of 100 yuan; and the PS5 Pro will rise from 5,599 yuan to 6,299 yuan, an increase of 700 yuan. This is the second price adjustment for the national version PS5 series since 2022 and the first price adjustment since the launch of the PS5 Pro.

BYD: Plans to use no more than 60 billion yuan of idle funds for entrusted wealth management.

On March 27, BYD announced that the company and its holding subsidiaries plan to use no more than 60 billion yuan of idle funds to purchase low-risk wealth management products or bond products with high safety and good liquidity from financial institutions such as banks, securities firms, fund companies, and insurance asset management companies. The authorization period is within 12 months from the approval date by the board of directors, and the quota can be used in a rolling manner. This matter has been approved by the 22nd meeting of the eighth board of directors of the company and does not need to be submitted to the shareholders’ meeting for approval. The company emphasized that entrusted wealth management does not affect the main business and helps improve the efficiency of fund use and investment returns, but the returns are subject to uncertainty due to factors such as policy and market conditions.

Novo Nordisk’s weekly once basal insulin formulation Awiqli approved by the U.S. FDA.

On March 27, Novo Nordisk announced that the U.S. Food and Drug Administration (FDA) has approved Awiqli® (insulin icodec-abae, domestic generic name for insulin icodec injection, brand name Novo Nordisk®) injection at 700 units/mL. This product is the first and currently the only long-acting basal insulin that can be administered once a week, suitable for adult patients with type 2 diabetes to improve their blood sugar control based on diet control and exercise.

Proofread by: Wang Wei