Domestic News: 1. my country's GDP grew by 4.6% year-on-year in the first three quarters. 2. Pan Gongsheng: The People's Bank of China (PBOC) will study switching the maturity of its main open market operations to overnight at an opportune time. 3

2026-10-20

Domestic News: 1. my country's GDP grew by 4.6% year-on-year in the first three quarters. 2. Pan Gongsheng: The People's Bank of China (PBOC) will study switching the maturity of its main open market operations to overnight at an opportune time. 3. The State Administration of Foreign Exchange (SAFE) plans to introduce a series of incremental measures to support enterprises' participation in the international market. 4. The China Securities Regulatory Commission (CSRC) issued the "Administrative Penalty Implementation Rules for Cases of Illegal Securities Transfers." 5. The CSRC publicly solicited opinions on the "Guiding Opinions on Advance Compensation in the Securities Market." 6. The Ministry of Commerce and two other departments announced a decision to optimize and adjust export control measures for drone-related items. 7. The Ministry of Commerce and the General Administration of Customs: Further optimize matters related to the questioning and identification of dual-use items in export control. 8. Putin proposed a summit between China, the US, and Russia to discuss ending the Ukraine crisis? The Ministry of Foreign Affairs: There is currently no information to provide. 9. The CSRC: Make every effort to address multiple unexpected imported risks and challenges, and fully maintain the safety and stability of the capital market; four measures will be introduced soon to improve the rules for punishing illegal share reductions. 10. The People's Bank of China and other departments issued the "Guiding Opinions on Financial Support for the Construction of International Science and Technology Innovation Centers in Beijing (Beijing-Tianjin-Hebei), Shanghai (Yangtze River Delta), and the Guangdong-Hong Kong-Macao Greater Bay Area." 11. Pan Gongsheng announced a series of policy measures that the People's Bank of China will soon promote, including establishing a liquidity support tool to address large-scale redemptions by non-bank institutions and expanding the scope of institutions eligible for the Standing Lending Facility. International News: 1. CME Group will launch tungsten futures. 2. Lee Jae-myung: Necessary measures will be taken to normalize the stock market. 3. Musk: Will give every child in the US a share of SpaceX next year. 4. Trump: It's time for others to represent Ukraine in negotiations. 5. Nscale is in talks with Anthropic about a $45 billion cloud computing deal. 6. Zelensky said that US and Ukrainian negotiators may meet in Norway in the coming days, and the use of Starlink and StarShield on the front lines remains restricted. Reports suggest Zelensky may attend in person. 7. US Department of Energy: Plans to convert sanctioned oil tankers into compliant vessels for transporting unsanctioned crude oil, potentially numbering in the dozens or even hundreds. 8. Middle East Situation— ① Iran's Revolutionary Guard stated it has not yet fully utilized its capabilities to completely blockade the Strait of Hormuz, issued a warning regarding fiber optic cables in the strait, and hinted at extending the blockade to the Suez Canal. It also stated that the US lacks the capacity to launch a new conflict. ② Iranian President and Secretary of Iran's Supreme National Security Council, Rezaei, met with the Russian Foreign Minister to discuss bilateral relations. ③ Pakistan's Army Chief of Staff, Munir, will visit Tehran on Tuesday. ④ Netanyahu issued an order to the military to "overthrow the Iranian regime." ⑤ Qatar called on Gulf states to engage in broad dialogue with Iran.