Federal Reserve's Hamack believes that inflation-related demand has weakened to some extent.

Key News 1. Both the one-year and five-year LPRs remain unchanged. 2. Shanghai Gold Exchange: Continue to strengthen market risk control. 3. Private equity firms are the main subscribers to ETFs, with smaller firms showing more active participation. 4. Report: Sales in China's chip design industry are expected to grow by 29.4% year-on-year in 2025, returning to a high-growth range. Individual Stock News 1. Data on main capital flows shows that Xin Yisheng saw the largest net inflow of main capital at 961 million yuan, followed by Dazhong Public Utilities, Tianfu Communication, Founder Technology, and Dongcai Technology; Duofuduo saw the largest net outflow of main capital at 1.377 billion yuan, followed by Shannon Chip Innovation, CATL, Aerospace Development, and BYD. 2. Bank of China responds to record-high share price: The company's fundamentals have not changed significantly, and the company is currently monitoring share price fluctuations. 3. Hefu China surges nearly 300% in 15 days after resuming trading and hitting the daily limit again; the company responds: There is no additional positive information. 4. A director raised objections to the pre-restructuring; China Fortune Land Development responded: Any new developments will be disclosed as soon as possible. 5. Does Haichen Energy Storage have any plans to list through your company? Xiamen Xinda: The company has no such plans. 6. CITIC Bank: Will enable overseas online security locks for some customers based on their overseas account transaction usage. 7. 37 Interactive Entertainment established two internet technology companies, both including animation and game development businesses. 8. Beijing Junzheng: Storage price increases will drive the company's storage product sales revenue growth. 9. Anli Shares: Cooperation with Google mainly focuses on the application of polyurethane composite materials related to electronic products, accounting for a relatively small proportion of overall revenue.

1. Nvidia's Q3 earnings exceeded expectations, with the AI boom driving a significant increase in performance. Jensen Huang downplayed bubble concerns, and the stock price rose over 5% in after-hours trading. 2. US media: The White House is taking action to block a bill restricting AI chip exports. 3. The US approved chip exports to Saudi Arabia and the UAE's AI companies. 4. US media: Trump is considering signing an executive order on artificial intelligence as early as Friday. 5. Sources: The Trump administration is considering suspending semiconductor tariffs. 6. AMD and Cisco partnered with Saudi Humain to establish an AI data center joint venture. 7. AI startup Firebird received approval to use Nvidia chips in Armenia. 8. Report: xAI partners with Saudi Humain to build a 500-megawatt AI data center. 9. A surge in AI stocks brought California an unexpected $11 billion in revenue, but it's still not enough to offset its $18 billion deficit. 10. The European Commission plans to simplify technology regulations, delaying the implementation of some provisions of the AI bill. 11. Figure AI: Second-generation humanoid robots have participated in the production of 30,000 BMW cars. 12. Lenovo Chairman Yang Yuanqing: The focus of AI computing is shifting to local data centers and edge inference.