Morning News Summary

The ChiNext Index rose 2.66% in the first half of trading, with CATL's market value exceeding 2 trillion yuan. The Hang Seng Index climbed 1.4% in the morning session, while the Hang Seng Tech Index gained 3%, and Baidu surged over 8%. The Nikkei 225 and Taiwan Weighted Indexes hit new highs during intraday trading; the AUD/USD pair reached a 46-month high as strong employment data reinforced expectations for an RBA rate hike in May. China's Q1 GDP grew 5.0% year-on-year, accelerating by 0.5 percentage points from the previous quarter and surpassing forecasts. China's March industrial value-added output for enterprises above designated size rose 5.7% year-on-year, beating expectations. China's March total retail sales of consumer goods grew 1.7% year-on-year, while automobile retail sales declined by 11.8%. National real estate development investment from January to March fell by 11.2%, with the decline in commodity housing sales narrowing marginally. China's March housing prices across 70 cities: first-tier city prices rose month-on-month, while second- and third-tier cities saw narrowed declines or remained flat month-on-month. China has requested state-owned central enterprises to increase investment efforts and serve as long-term capital for developing the low-altitude economy. Trump stated that Israeli and Lebanese leaders will hold talks. "World War II Mode" Reappears! The Pentagon is negotiating with major U.S. automakers to pivot production toward munitions, addressing insufficient ammunition stockpiles. The first production line targets a monthly output of 3,000 units, and Elon Musk's "Super Chip Factory" demands suppliers provide "lightning-fast deliveries".