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Market news: Indias Adani Group is seeking partnerships with Meta and Google amid the data center boom.On March 25, law enforcement agencies from China and the Philippines recently cooperated to repatriate Zheng, suspected of organizing others to illegally cross the border. An investigation revealed that Zheng, for personal gain, organized citizens of the Philippines and other countries to illegally enter China to provide domestic services through smuggling and visa fraud, leading to problems such as illegal residence and employment, seriously endangering social order. The embassy reminds intermediary agencies and individuals to regulate their professional and employment practices and not to embark on a path of illegality and crime in pursuit of profit.U.S. Department of Defense: Lockheed Martin will place the delivery of Presys strike missiles under wartime conditions.The MBA 30-year fixed mortgage rate in the U.S. for the week ending March 20 was 6.43%, unchanged from the previous week.On March 25th, the first Joint Meeting of Financial Regulatory Authorities of Guangdong, Hong Kong, Macao, and Shenzhen was held in Nansha, Guangzhou, from March 23rd to 24th. The meeting was hosted by the Guangdong Provincial Financial Regulatory Bureau, with representatives from the Hong Kong Monetary Authority, the Hong Kong Insurance Authority, the Monetary Authority of Macao, and the Shenzhen Financial Regulatory Bureau in attendance. Representatives from relevant departments of the State Monetary Regulatory Commission, as well as local governments of Guangdong Province and Guangzhou City, were also invited to participate. During the meeting, participants engaged in in-depth exchanges on industry development, regulatory work, and the latest market developments. Other key topics included the banking sectors support for the construction of the Greater Bay Area International Science and Technology Innovation Center, the regulation of the safe development and application of artificial intelligence; the insurance industrys role in high-quality urban governance development, the facilitation of insurance services in cross-border medical scenarios, and consumer protection. The meeting aimed to deepen financial regulatory cooperation among Guangdong, Hong Kong, Macao, and Shenzhen, build consensus, actively promote the high-quality development of the banking and insurance industries, and jointly advance the sound development of the financial market and consumer protection.

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