Jin10 Data Compilation: Summary of Important News from Yesterday and This Morning (2025-08-15)

Domestic News:
1. The Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority issued a joint statement regarding market volatility related to stablecoins.
2. Central Bank: Today will conduct a 500 billion yuan outright reverse repurchase operation, with a term of 6 months.
3. Modification of the Regulations on the Administration of Entry and Exit of Foreigners: A new K visa category has been added to the ordinary visa types, issued to foreign young scientific and technological talents entering the country.
4. Li Ka-shing's CK Hutchison: It is expected that the port transaction will not be completed this year, and major mainland investors will be invited to join the discussion.
International News:
1. S&P: Upgraded India's rating to "BBB".
2. It is reported that the Trump administration is discussing investing in Intel, which may benefit the Ohio factory hub plan.
3. The usage scale of the Federal Reserve's overnight reverse repurchase tool is $28.818 billion, the lowest since April 2021.
4. Powell will give a speech at the Jackson Hole conference at 10 PM Beijing time on August 22.
5. The US PPI rose by 0.9% month-on-month in July, the largest increase in three years. The market has reduced bets on a Federal Reserve rate cut.
6. U.S. Treasury Secretary Besant: It is unlikely that the U.S. will reassess its gold reserves; the value of Bitcoin reserves is about $15 billion to $20 billion, and the sale of Bitcoin holdings will cease.
7. Federal Reserve - ① Daly: A significant rate cut next month does not seem appropriate. ② Musalem: A 50 basis point cut does not align with the current economic situation or data. ③ U.S. Treasury Secretary Basent: There is no call for the Federal Reserve to cut rates by 150 basis points, just pointing out that the model shows the neutral rate at a lower level.
8. Global Trade - ① India announced that the trade agreement with the EU will take effect on October 1. ② India and the United States will hold a "2+2" dialogue consultation meeting later this month. ③ White House trade advisor: Drug tariffs are likely to be implemented under Section 232, with the focus of tariffs on generic drugs. ④ U.S. Treasury Secretary Bascent: August and September will be a good test of tariff revenue, which may exceed $300 billion.
9. The Russia-Ukraine issue - ① Putin: The United States seeks to reach an agreement acceptable to all parties and it is possible to reach a new arms agreement with the U.S. ② The Kremlin: There are no plans to sign the outcome document of the Russia-U.S. summit. ③ Western leaders are considering the possibility of holding a tripartite summit in a European city involving Russia, the U.S., and Ukraine. ④ Trump: Does not believe a ceasefire will be reached immediately; this lays the groundwork for the second meeting, and if the issues cannot be resolved, sanctions will be implemented.