Saudi Aramco CEO said the vast majority of these crude inventories are currently unavailable.

IMF Managing Director Kristalina Georgieva: We call on our U.S. partners to implement sanctions against Russia in order to truly end this conflict.

Key News 1. my country will launch an action plan to promote employment in response to the development of artificial intelligence. 2. The CPC Central Committee and the State Council: Cultivate and strengthen emerging industries, focusing on building emerging pillar industries. 3. The China Securities Regulatory Commission (CSRC): Continuously strengthen the construction of market stabilization mechanisms and further broaden the sources, channels, and entry methods of medium- and long-term funds. 4. 1.9119 million new A-share accounts were opened in September, a year-on-year decrease of 35.0%. 5. The Ministry of Industry and Information Technology (MIIT) and three other departments solicited opinions to further strengthen the management of innovative design of automotive products. 6. The Ministry of Finance allocated 550 billion yuan of local government debt carryforward limits. 7. The CSRC publicly solicited opinions on the "Measures for the Operation and Management of Publicly Offered Securities Investment Funds (Draft for Comment)" and supporting rules. 8. The Ministry of Commerce and seven other departments: Strengthen supervision and law enforcement in the e-commerce sector and rectify disorderly competition practices such as "automatic price matching" and "lowest price across the entire network" by e-commerce platforms. 9. National Development and Reform Commission: Promote the early commencement of major projects outlined in the "15th Five-Year Plan" and the "Six Networks" construction implementation plan to stimulate and unleash domestic demand potential. 10. Ministry of Commerce: China and the EU reached an understanding on hybrid vehicle trade in a manner consistent with WTO rules. Individual Stock News 1. Guangdong Chip Semiconductor: To be listed on the ChiNext board on October 13. 2. Luxshare Precision: The company and Luxshare Technology are involved in a Section 337 investigation, currently in the early stages. 3. Foxconn Industrial Internet: The US International Trade Commission initiated a Section 337 investigation against the company and its subsidiaries. 4. CATL and Seres signed a long-term strategic cooperation agreement. 5. Tianfu Communication responded to rumors of overseas import and export policy restrictions: Current policies do not restrict optical device products and do not affect the company's business. 6. Bohai Leasing: A subsidiary of its holding subsidiary Avolon plans to purchase 140 Boeing B737 MAX series aircraft, with a total value not exceeding US$26.953 billion. 7. Guanghe Technology: Net profit for the first three quarters is expected to increase by 100%-107% year-on-year, with steady performance improvement driven by a focus on the computing power PCB market. 8. Dongbai Group: Its wholly-owned subsidiary, Dongbai Chuangzhi, plans to acquire a 52.67% stake in Kuailing Optoelectronics, a photodetector chip company, for 316 million yuan. 9. Jingwang Electronics: Net profit for the third quarter of 2026 is expected to increase by 205.46% to 264.74% year-on-year. 10. China Jushi: Net profit for the first three quarters of 2026 is expected to increase by 100% to 110% year-on-year. 11. Hongfuhan: Net profit for the first three quarters is expected to increase by 108%-145% year-on-year, with mass production and delivery of liquid-cooled plate cabinet modules and gradual capacity release. 12. Baogang Steel: The transaction price of rare earth concentrate in the fourth quarter is planned to be adjusted to 38,800 yuan/ton, a 0.53% increase compared to the previous quarter.