[Central Bank Conducts Reverse Repo and MLF, Pinduoduo Q2 Profit at 27.2 Billion] Deep Tide TechFlow reports: On August 25, according to Jinshi Data, the central bank announced that it will conduct overnight reverse repos from August 27 to September 1, with a daily volume not exceeding 600 billion yuan, and carried out a 500 billion yuan one-year MLF on the 25th. Pinduoduo released its second-quarter financial report, with quarterly profit reaching 27.2 billion yuan, a year-on-year decline of 12%. Internationally, the U.S. plans to revoke up to 200,000 business and tourist visas. Trump stated that starting January 1 next year, tariffs on Canadian automobiles and steel will be raised to 50%. The U.S. Treasury Department expanded sanctions on Iran, covering digital assets and the gold sector, with nearly 60 entities penalized. In the overnight market, the U.S. 10-year Treasury yield fell by approximately 3 basis points, storage-related stocks led the decline in U.S. equities, international crude oil dropped 2%, and gold rose 1%.