Beidou Completes In-Orbit Upgrade While KOSPI Records Largest Single-Day Gain

Beidou system finishes orbital upgrade as China approves coking coal options. Japan holds rates while Fed officials signal hawkish stance on potential hikes.

Woofun AI reports that the China Securities Regulatory Commission approved the registration of coking coal options, while the Beidou satellite navigation system completed its in-orbit upgrade. The State Administration for Market Regulation issued price compliance guidance for the photovoltaic sector, and major telecom operators will cease issuing cards via third-party internet channels. Internationally, the Bank of Japan maintained interest rates, and the South Korean KOSPI index achieved its largest single-day increase in history. Hawkish pressure within the Federal Reserve is intensifying, with several officials advocating for interest rate hikes.