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[Approximately 350 New Shopping Malls to Open Nationwide in 2025] Data recently released by the China Chain Store & Franchise Association shows that approximately 350 new shopping malls are expected to open nationwide in 2025. The industry concentration continues to increase, with renovation of existing stock and improvement of operational efficiency becoming core focuses for businesses. (Xinhua News Agency)

[World's First Trillion-Dollar ETF Born] According to multiple US media reports on March 3rd, Vanguard Group's ETF tracking the S&P 500 index has surpassed one trillion US dollars in size, becoming the world's first trillion-dollar ETF and setting a new record in the passive investment industry. The ETF, ticker symbol VOO, has a management fee of 0.03%, significantly lower than its main competitors. The surge in US AI investment and the continued migration of global funds to low-cost passive products are the core reasons for the fund's rapid growth. Analysts point out that with the S&P 500's new stock inclusion waiting period shortened from 12 months to 6 months and Nasdaq's new rules for fast IPO inclusion, massive amounts of passive funds will be allocated to upcoming heavyweight stocks such as SpaceX and Anthropic. Once these two companies are quickly included in mainstream indices, trillion-dollar passive funds, represented by VOO, will increase their holdings in accordance with regulations. Vanguard Group was founded in 1975 and employs a shareholder ownership structure. As of the end of the first quarter of 2026, its global assets under management were approximately US$12.32 trillion. Relying on low-fee index investing, it has reshaped the global fund industry landscape and is considered one of the three giants of US asset management, alongside BlackRock and State Street. (CCTV Finance)

According to Al Jazeera on the 4th, Israeli airstrikes on several homes in Gaza City, Palestine, have killed at least nine people.

According to the Wall Street Journal, Meta Platforms (META.O) says it plans to release the API for its latest AI model in June.

[Japanese Government: Expects Close Coordination with Bank of Japan to Achieve 2% Inflation Target; Monetary Policy Measures to be Determined by Bank of Japan] (1) Chief Cabinet Secretary Minoru Kihara stated that the government expects the Bank of Japan to implement appropriate monetary policy in close coordination with it to achieve a sustainable 2% inflation target driven by wage growth. (2) Regarding Bank of Japan Governor Kazuo Ueda's remarks on Wednesday, Kihara declined to comment on specific points, only stating that the government and the central bank have maintained and will continue to maintain "full communication" on multiple occasions. (3) Kihara reiterated that "specific monetary policy measures should be determined by the Bank of Japan," which is the government's consistent position towards the central bank.

The FTSE China A50 Index futures have just broken through the 15800.00 mark, currently trading at 15799.00, down 1.32% on the day.