March 11 Morning News Summary

【Morning News Highlights】 [Taoguba]

1. The National Internet Emergency Center issued a security application risk alert for OpenClaw. Users deploying and using OpenClaw should implement security measures such as enhanced network control, strengthened credential management, strict management of plugin sources, and continuous monitoring of patch updates.
2. Foreign Ministry spokesperson Guo Jiakun held a routine press conference yesterday. Guo stated that energy security is vital to the global economy, and all parties have a responsibility to ensure stable and smooth energy supplies. China will take necessary measures to safeguard its energy security.
3. During the Fourth Session of the 14th National People’s Congress, spokesperson Zhang Xiaogang of the People’s Liberation Army and Armed Police Force delegation announced that in 2026, national defense expenditure will be 1.94 trillion yuan, a 6.9% increase from the previous year’s actual figures. Of this, central government spending will be 1.91 trillion yuan, up 7%.
4. The Shanghai Stock Exchange announced on March 10 that it will continue to evaluate and improve relevant institutional rules, research and reserve policies supporting technological innovation and new productive forces, and cautiously expand the scope of the fifth set of listing standards industry.
5. Financial news agency sources revealed that around March 5, some financial institutions received risk alerts requiring strict control over the deployment of external platforms similar to OpenClaw for safety reasons.
6. Many regions across the country are promoting “lobster farming.” Changshu plans to support “one-person companies” with up to 6 million yuan; Hefei High-tech Zone launched 15 robust measures with subsidies up to 10 million yuan; Foshan introduced a free “little lobster” deployment service for the public; Hangzhou Xiaoshan plans to launch ten measures to support free deployment and development of OpenClaw, including token consumption subsidies; Nanjing Qixia and Jiangning districts announced policies for “lobster farming.”
7. Jiangsu issued the “Jiangsu Province Brain-Computer Interface Industry Innovation Development Action Plan,” proposing to establish at least two provincial-level brain-computer interface industrial clusters by 2027, and to develop 2-3 influential leading companies by 2030; also aiming to cultivate no fewer than 30 typical applications combining “brain-computer interface + consumer” by 2030.
8. Industrial Fuxian released its 2025 annual report, achieving operating revenue of 902.887 billion yuan, a 48.22% increase; net profit attributable to shareholders was 35.286 billion yuan, up 51.99%.
9. Tongwei announced plans to acquire 100% equity of Lihao Qingneng, with trading resuming; Dawei announced a private placement of no more than 109 million yuan to fund embedded memory R&D and industrialization projects.
10. UCloud announced that its lightweight cloud host products with OpenClaw images have not yet formed a scaled product system. Borui Data stated that OpenClaw is an open-source AI agent execution framework, and the company currently has no monitoring solutions or products for such technology.
11. Southeast Network Frame announced plans to repurchase shares worth 100 million to 200 million yuan. Dagang Holdings disclosed that shareholder Yingqi Management plans to reduce holdings by no more than 3%.
12. The three major US stock indices closed mixed: Dow down 0.07%, Nasdaq up 0.01%, S&P 500 down 0.21%. Major European indices mostly rose, with Germany’s DAX up 2.25%.
13. White House Press Secretary Karine Jean-Pierre stated that the US Navy is not currently escorting any oil tankers or ships through the Strait of Hormuz. Previously, US Energy Secretary had claimed that the US Navy successfully escorted an oil tanker through the Strait.
14. French Finance Minister Roland Lescure said in Paris on Tuesday that G-7 countries are prepared to use strategic petroleum reserves if necessary, and have tasked the International Energy Agency (IEA) to study the scale of potential releases.
15. Due to disruptions in Strait of Hormuz shipping, Saudi Arabia, Iraq, UAE, and Kuwait have collectively cut production by about 6.7 million barrels per day, reducing global oil supply overall.
16. International oil prices declined: WTI April crude futures fell 11.94% to $83.45 per barrel; intraday, WTI futures dropped below $80.
17. Sources revealed that the Trump administration has asked Israel to cease further airstrikes on Iranian energy facilities, especially oil infrastructure.
18. Iranian Islamic Revolutionary Guard Corps Navy Commander Ali Reza Tansiri warned via social media that any vessels related to Iran’s enemies have no right to pass through the Strait of Hormuz.
19. US President Trump’s special envoy Wittekov said in an interview on the 10th that the US-Russia-Ukraine trilateral talks will be postponed to some time next week.
20. SpaceX is reportedly inclined to conduct an IPO on Nasdaq, requiring early inclusion in the Nasdaq 100 index as a listing condition.

【Major Reminders】

① Today, there is 1 new stock offering: BeiJiaoShuoXinHengTai (920028).
② The Fourth Session of the 14th National Committee of the Chinese People’s Political Consultative Conference will close on March 11 morning.
③ The 3rd China Embodied Intelligence Robot Industry Conference and Exhibition will be held from March 11 to 13.
④ The 14th China Natural Gas Industry Development Conference 2026 will be held from March 11 to 13.
⑤ OPEC releases its monthly crude oil market report.
⑥ EIA publishes its monthly short-term energy outlook report.
⑦ Today, Tianwei Food and Qide New Materials will disclose their 2025 annual reports.
⑧ Today, 40.5 billion yuan of 7-day reverse repos mature.
⑨ US February CPI annual rate and other data will be released today.

【Overnight Global News】

1. US Energy Secretary Chris Wight posted on social media that the US Navy successfully escorted an oil tanker through the Strait of Hormuz to ensure the continuous flow of oil to global markets; the post was later deleted. White House Press Secretary Karine Jean-Pierre stated that the US Navy is not currently escorting any oil tankers or ships through the Strait.
2. Three sources familiar with the matter revealed that the Trump administration has asked Israel to stop further airstrikes on Iranian energy facilities, especially oil infrastructure.
3. A Pentagon spokesperson said on the 10th that approximately 140 US military personnel have been injured since the large-scale military actions against Iran.
4. Iran’s Vice President said the country will continue to defend its territory and has not given up on resolving issues through negotiations.
5. The White House stated that military actions against Iran will continue until military objectives are fully achieved.
6. The US Senate confirmed Joshua Rood as Director of the National Security Agency and head of US Cyber Command.
7. The US special envoy said that Putin denies providing Iran with intelligence about US troops.
8. An Iranian missile attack targeted the Parchin Air Force Base in Israel.
9. Russian President Putin and Iranian President Pezeshkiyan discussed bilateral relations and regional issues via phone.
10. The UK Royal Navy’s Type 45 destroyer HMS Dragon departed Portsmouth today for the Eastern Mediterranean.
11. Iranian Islamic Revolutionary Guard Corps Navy Commander Ali Reza Tansiri warned via social media that any vessels related to Iran’s enemies have no right to pass through the Strait of Hormuz.
12. US stock indices closed mixed: Dow down 0.07%, Nasdaq up 0.01%, S&P 500 down 0.21%. Major European indices mostly rose, with Germany’s DAX up 2.25%.
13. International oil prices declined: WTI April crude futures fell 11.94% to $83.45 per barrel; intraday, WTI futures dropped below $80.
14. Iraq’s Ministry of Oil announced that Iraq’s oil production has decreased to 1.2 million barrels per day. Iraq is attempting to restore oil supply from Kirkuk.
15. EIA forecasted that global oil inventories will increase by an average of 1.9 million barrels per day in 2026 and 3 million barrels per day in 2027.
16. NASA Inspector General reported that SpaceX’s lunar lander progress is two years behind schedule, with further delays expected.
17. Google announced the public preview of its multimodal model Gemini Embedding 2.
18. Elon Musk’s xAI has obtained permission to build a power plant in Mississippi.