Domestic News: 1. Unitree Robotics: Q3 net profit down 17% year-on-year. 2. Minister of Commerce Wang Wentao meets with European Parliament International Trade Committee Chairman Lange. 3. As of October 28, all new policy-based financial instrumen

2026-10-29

Domestic News: 1. Unitree Robotics: Q3 net profit down 17% year-on-year. 2. Minister of Commerce Wang Wentao meets with European Parliament International Trade Committee Chairman Lange. 3. As of October 28, all new policy-based financial instruments for 2026 have been deployed, totaling 800 billion yuan. 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. The Federal Reserve held its October meeting—keeping interest rates unchanged. Hamak and Cook hoped for a 25 basis point rate hike. The statement said the economy was strong and emphasized the need to accumulate more information before further action. Warsh believes financial conditions have tightened, but would not call it a contraction; the impact of the September rate hike was largely in line with expectations, and inflation expectations are moving in the right direction; the number of policy meetings will be reduced starting next year. 2. The EU plans to cancel its proposal to grant Canada "associate member state" status. 3. The date for the trilateral negotiations between Russia, the US, and Ukraine will be announced; Russia stated it will not invite Europe to participate. 4. The Bank of Canada raised interest rates for the first time in over three years, and further rate hikes are possible. 5. Bessant: Does not believe widening debt spreads for AI issuers are a problem. 6. AI investment returns are under pressure; Google's quarterly revenue and profit both missed expectations. 7. Microsoft's quarterly Azure revenue exceeded expectations, growing by 48%, with free cash flow remaining stable. 8. The son of former Brazilian President Bolsonaro refused to concede defeat, stating he will lead the opposition in the United States. 9. Middle East Situation— ① US media: Vance, at Trump's direction, has written to Iranian hardliner Rezaei, attempting to restart peace talks. Trump stated that Vance's contact with Iran is related to medical aid. ② Reports indicate that Qatar has proposed a new agreement to Iran, but Iran stated that Qatar has not yet submitted a new proposal, and several of Qatar's ideas are unacceptable to Iran. ③ The Houthi rebels called for the immediate evacuation of personnel at Aden airport because a Saudi military cargo plane was transporting weapons, intending to kill Yemeni people. ④ Iranian Foreign Minister: Will continue discussions with mediators on how to implement Iran's proposed "7-day plan" within less than a week, striving for diplomatic success. ⑤ Israel's parliamentary elections have completed ballot counting; Netanyahu's camp is temporarily in the lead but unable to form a government. ⑥ Israeli media: Iran may respond to Qatar's new proposal as early as Thursday; US officials say they will not strike Iran before the midterm elections under any circumstances. ⑦ US media: Mediators are pushing for nuclear facility inspections in exchange for easing sanctions, opening the Strait of Hormuz, and lifting the blockade; negotiations fail, and the US and Israel may strike the Iranian leadership. Saudi Arabia advises Trump not to rush things and to give negotiations time. ⑧ Israeli media: US officials say potential subsequent strikes against Iran are not affected by Israel's government formation process.