Market news: Indonesia will meet with MSCI on Monday to discuss the latter's unexpected index threat.

FedEx (FDX.N) will implement a general rate increase (GRI) effective Jan. 4, 2027. The GRI applies to import and export transportation rates, with increases of up to 14.9%.

Key News 1. Xi Jinping: The computing power network is one of the "six networks" planned and constructed by the state, and the computing power industry is in a stage of accelerated development with broad prospects. 2. Heads of four financial regulatory departments will speak out; the Financial Street Forum Annual Meeting opens today. 3. State Council Executive Meeting: Emphasis should be placed on empowering applications to better transform artificial intelligence technology into real productivity. 4. Four departments: Organized a symposium with more than 30 car companies to strengthen the management of automotive product R&D, testing, and verification. 5. The National Development and Reform Commission, the National Energy Administration, and other departments held a meeting in Shanxi to promote the resumption of coal mine production and ensure supply. 6. The Ministry of Commerce and the Ministry of Science and Technology plan to revise the "Catalogue of Technologies Prohibited and Restricted from Export in China," involving 40 technologies in three fields: artificial intelligence, biomedicine, and photovoltaics. Individual Stock News 1. Changxin Technology: Expected net profit of 131 billion to 132.5 billion yuan for the first three quarters, turning a loss into a profit year-on-year; Chairman proposed a share buyback of 1 billion to 2 billion yuan. 2. Shengyi Technology: Net profit for the first three quarters is expected to be between RMB 6.46 billion and RMB 6.87 billion, representing a year-on-year increase of 164% to 181%. 3. Demingli: Net profit for the first three quarters is expected to be between RMB 8.65 billion and RMB 8.95 billion, turning a profit year-on-year. 4. Hengtong Optic-Electric: Net profit for the first three quarters is expected to be between RMB 5.97 billion and RMB 6.37 billion, representing a year-on-year increase of 151.27% to 168.10%. 5. Sihui Fusheng: Net profit for the third quarter increased by 217% year-on-year, driven by increased orders in industrial control, automotive electronics, and communications. 6. JLCPCB: Net profit for the first three quarters is expected to increase by 79%-118% year-on-year, driven by continued growth in global hardware R&D demand due to AI accelerating hardware innovation. 7. Sihui Fusheng: Net profit for the third quarter increased by 217% year-on-year, driven by increased orders in industrial control, automotive electronics, and communications. 8. Weiergao: Net profit for the third quarter increased by 462% year-on-year, driven by rapid growth in orders for AI server power AC-DC products. 9. Jinhaitong: Net profit for the first three quarters is expected to increase by 148% to 172% year-on-year, driven by continued growth in demand for semiconductor packaging and testing equipment. 10. Tengjing Technology: Net profit for the third quarter is expected to increase by 61.68%-76.38% year-on-year, driven by continued strong order deliveries of optical testing instruments such as passive optical components for high-speed optical modules in data centers. 11. Montage Technology: Independent directors proposed a share buyback of 300 million to 500 million yuan worth of A-shares. 12. Shenghe Resources: Plans to transfer 51% equity of four rare earth smelting and separation subsidiaries to China Rare Earth Development. 13. Lakala: Plans to acquire a controlling stake in Gaofu Information; its stock will resume trading on October 19th.