UBTECH (09880.HK) signed a strategic memorandum of understanding with the Ras Al Khaimah Government International Relations Office to establish a cooperation framework for humanoid-robot R&D, field testing and system deployment for the Gulf region. U

Domestic News 1. The State Administration of Foreign Exchange plans to introduce a series of incremental measures to support enterprises' participation in the international market. 2. The China Securities Regulatory Commission (CSRC) released the "Administrative Penalty Implementation Rules for Cases of Illegal Securities Transfers." 3. The CSRC publicly solicited opinions on the "Guiding Opinions on Advance Compensation in the Securities Market." 4. A spokesperson for the Ministry of Commerce answered reporters' questions regarding the UK's statement that it would jointly address the dominance of China's auto industry. 5. 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. 6. The CSRC: It will make every effort to address multiple unexpected imported risks and challenges, and fully safeguard the safety and stability of the capital market; four measures will be introduced soon to improve the rules for punishing illegal share reductions. 7. The PBOC 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." 8. Pan Gongsheng, Governor of the People's Bank of China, 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. Elon Musk: Will give every child in the US a share of SpaceX stock next year. 2. CME Group: Will launch tungsten futures to meet growing market demand for the key mineral. 3. According to The Information: Anthropic is preparing to launch a model that can better understand user intent. 4. Middle East Situation: ① A Yemeni government army camp was attacked by missiles, killing 25 people. ② The Russian Foreign Minister visited Iran. ③ Iranian Revolutionary Guard Spokesperson: The United States has no ability to launch a new round of conflict.

The National Development and Reform Commission is preparing an implementation plan to expand domestic demand and will accelerate its issuance and rollout, the agency said. It will coordinate with other departments to deploy stronger, more concrete measures to boost domestic demand.