Domestic News 1. The People's Bank of China: At the end of the third quarter, the outstanding balance of RMB loans from financial institutions reached 283.44 trillion yuan, a year-on-year increase of 4.8%. 2. As of October 28, all new policy-based

2026-10-28

Domestic News 1. The People's Bank of China: At the end of the third quarter, the outstanding balance of RMB loans from financial institutions reached 283.44 trillion yuan, a year-on-year increase of 4.8%. 2. As of October 28, all new policy-based financial instruments for 2026 have been deployed, totaling 800 billion yuan. 3. Minister of Commerce Wang Wentao met with Lange, Chairman of the European Parliament's Committee on International Trade. 4. Investment institutions generally believe the market is overcorrecting, and some pension funds, insurance companies, and mutual funds have increased their buying activity. International News 1. South Korea will fine Apple and Google a total of 63.7 billion won for mandating in-app payments. 2. The United States is reportedly increasing its military activities in Ecuador. 3. Goldman Sachs: DRAM prices may continue to rise until the first half of 2028, and HBM market revenue is expected to increase by more than 230% next year. 4. Pakistan says Afghan militants opened fire on the border, killing one and injuring five. 5. The Bank of Canada raised interest rates for the first time in more than three years and may raise rates again in the future. 6. The EU is considering withdrawing its offer of "associate member" status to Canada. 7. Middle East Situation— ① The US warned Gulf states that it might launch a major attack on Iran after the midterm elections. ② Qatari mediators proposed a new agreement to Iran to end the war; Iran stated that Qatar has not yet proposed a new plan to end hostilities with the US. ③ The Houthi rebels called for the immediate evacuation of personnel from Aden airport because a Saudi military cargo plane was transporting weapons and attempting to kill Yemeni people. ④ The US military: Ships should avoid passing through the Strait of Hormuz unless absolutely necessary. ⑤ The Israeli parliamentary elections have completed ballot counting, with Netanyahu's camp temporarily in the lead.