Singapore's benchmark stock index slid as much as 3.2% to 5,428.65.

Key News 1. The People's Bank of China (PBOC) has increased its gold holdings for the 23rd consecutive month. 2. The PBOC will conduct 1.2 trillion yuan of outright reverse repurchase operations on October 8th. 3. Lanfoan: It will study and formulate targeted incremental policies, focusing more on expanding effective domestic demand. 4. State Administration of Foreign Exchange: As of the end of September 2026, my country's foreign exchange reserves will reach US$3.4003 trillion. Individual Stock News 1. Guangdong Chip Semiconductor: Online investors abandoned their subscriptions for 469,000 shares. 2. Huahai Pharmaceutical: Net profit for the first three quarters is expected to increase by 170%-190% year-on-year. 3. Feilong Shares: Net profit for the first three quarters is expected to decrease by 59.2%-66.87% year-on-year; currently, non-automotive business revenue accounts for a relatively low proportion of overall revenue. 4. JAC Motors: There are indeed discussions with Huawei and Stellantis regarding cooperation intentions, but the content and form of cooperation have not yet been determined. 5. Zhishang Technology: Signed a $500 million memorandum of understanding for demand forecasting of fiber optic connectors (MPO fiber optic patch cords and other optical communication products). 6. Cambricon: Former executive Liang Jun amended his lawsuit claims, seeking 27.832 billion yuan in damages. 7. Bethel: EMB shipments saw significant growth in the third quarter; suspension products are expected to enter mass production in the second half of this year. 8. Aoni Electronics: Aoni Intelligent signed a 1.821 billion yuan procurement contract. 9. Jianghan New Materials: 6N-grade silicon tetrachloride is mainly used in the production of optical fiber preforms; in-depth discussions have been held with potential customers. 10. Huahui Intelligent: The company currently has a sufficient order backlog for its grinding systems, and the production capacity of its core products is at full capacity.

ECB Executive Board member Cipollone: With the digital euro, merchants will have a public payment alternative. For small merchants, the cost of accepting digital payments could be reduced by half.