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A-share kitchen and bathroom appliance sector rallied; Richu Dongfang hit the daily limit, while Wanhe Electric, Huo Xingren, Yitian Intelligent, Zhejiang Meida and Aopu Technology are also advanced.

2026-10-20

A-share kitchen and bathroom appliance sector rallied; Richu Dongfang hit the daily limit, while Wanhe Electric, Huo Xingren, Yitian Intelligent, Zhejiang Meida and Aopu Technology are also advanced.

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2026-10-19

PBOC's Pan said the central bank, together with the Financial Regulatory Administration and the CSRC, will establish a liquidity-support tool to address large redemptions at non-bank institutions. The measure is intended as a bond-market stabilizatio

PBOC's Pan said the central bank, together with the Financial Regulatory Administration and the CSRC, will establish a liquidity-support tool to address large redemptions at non-bank institutions. The measure is intended as a bond-market stabilization mechanism and a new PBOC macroprudential instrument. It will be activated in scenarios of collective liquidity stress at asset managers and a redemption-to-sale negative loop in the bond market. Operations will require meeting macroprudential conditions and provision of high-grade collateral to avoid pricing distortion and a perceived blanket backstop, and to preserve market discipline. Eligible entities include bank wealth-management subsidiaries, public fund managers, and their parent banks or securities firms.
2026-10-20

Announced at the 2026 Physical AI and World Models Conference in Nanjing, a Jiangsu–Anhui municipal alliance of 10 Yangtze River Delta cities, including Nanjing and Wuhu, will jointly develop the data‑labeling industry and establish a joint data‑labe

Announced at the 2026 Physical AI and World Models Conference in Nanjing, a Jiangsu–Anhui municipal alliance of 10 Yangtze River Delta cities, including Nanjing and Wuhu, will jointly develop the data‑labeling industry and establish a joint data‑labeling innovation center. The national pilot aims to provide infrastructure for AI model training and deployment, accelerate large‑model iteration and commercialization, and tackle fragmented industry resources, inconsistent standards and weak regional coordination.
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