May 22, Thursday

High-Level Voices: 
The Financial Regulatory Authority and eight other departments jointly issued Several Measures to Support Small and Micro Enterprise Financing, proposing increased lending for first-time loans, credit loans, medium- and long-term loans, corporate loans, and private enterprise loans.

Overall Sentiment: 
On Wednesday, the U.S. faced a double blow in stocks and bonds. A new U.S. tax bill raised market concerns. As the Memorial Day (May 26) deadline set by the House Speaker approaches, the bill is expected to pass after lawmakers agree on state and local tax deductions. Due to the significant changes in this reform, markets are assessing its impact on the U.S. budget deficit, leading to risk aversion amid uncertainty. 
Tensions between Israel and Iran risk escalating, and with various uncertainties, gold prices rebounded sharply.