India and Bahrain will begin negotiations on a Double Taxation Avoidance Agreement (DTAA).

Key News 1. The Ministry of Finance and the State Taxation Administration issued an announcement regarding tax policies related to gold. 2. A-share listed companies reported steady performance improvement in the third quarter of 2025, with science and technology innovation leading industrial structure upgrading. 3. Zheng Shanjie: Vigorously boost consumer spending and eliminate unreasonable or "one-size-fits-all" restrictions. 4. State Council Executive Meeting: Deployed measures to accelerate scenario cultivation and open up new scenarios for large-scale application. 5. China Securities Regulatory Commission: Proposes regulations that if the long-term investment performance of actively managed equity funds is significantly lower than the benchmark, the performance-based compensation of the relevant fund managers should be significantly reduced. 6. China will host the 33rd APEC Economic Leaders' Meeting in Shenzhen. 7. Ansys China: Has established sufficient finished goods and work-in-process inventory, capable of stably and continuously meeting the order demands of customers until the end of the year and even longer. Individual Stock News 1. Cambricon: Involved in a labor dispute lawsuit, former core technical personnel Liang Jun is demanding compensation of 4.287 billion yuan for equity incentive losses. The case has been accepted but has not yet gone to trial. 2. Vanke A: Shenzhen Metro Group agreed to provide the company with a loan of no more than RMB 22 billion. 3. Zhenyu Technology: Plans to invest RMB 2.11 billion in projects including precision modules and components for humanoid robots. 4. Northeast Securities: A subsidiary of its holding company has been transferred for prosecution in connection with a futures manipulation case. 5. Betta Pharmaceuticals: Reached a strategic cooperation agreement with Shengsi Biotechnology, obtaining exclusive distribution rights for recombinant coagulation factor products. 6. Tianqi Shares: The company signed an agreement with Foxconn New Energy Vehicle Industry Development (Henan) Co., Ltd., planning to deploy 2,000 robots within 5 years. 7. Tianhua New Energy: The actual controllers, Pei Zhenhua and Rong Jianfen, plan to transfer 12.95% of their shares to CATL at a 19% discount to the closing price. 8. Pengding Holdings: The optical module business saw a significant breakthrough year-on-year, with revenue increasing substantially. Currently, the company mainly caters to 1.6T demand. 9. 37 Interactive Entertainment: The company and related responsible persons received a prior notice of administrative penalty from the China Securities Regulatory Commission. 10. Shengxin Lithium Energy: Plans to introduce Zhongchuang Innovation Aviation and Huayou Holdings Group as strategic investors, raising no more than 3.2 billion yuan. 11. Taiyuan Heavy Industry: The company's annual report contained false financial indicators; its stock abbreviation will be changed to "ST Taiyuan Heavy Industry" starting November 4th.

Federal Reserve Governor Cook: Given the risks in the labor market, the recent rate cut by the Federal Reserve was appropriate.