Hamas: 40 Palestinians have died since the ceasefire was implemented.

[Today's Key Financial Data and Events: Monday, October 20, 2025] ① 09:00 China's One-Year Loan Prime Rate (as of October 20) ② 09:30 National Bureau of Statistics Releases Monthly Residential Sales Price Report for 70 Large and Medium-sized Cities ③ 10:00 China's Q3 GDP Annual Rate ④ 10:00 China's September Total Retail Sales of Consumer Goods Year-on-Year Growth ⑤ 10:00 China's September Industrial Value Added Above Designated Size Year-on-Year Growth ⑥ 14:00 Germany's September PPI Monthly Rate ⑦ 16:00 Eurozone August Seasonally Adjusted Current Account ⑧ 22:00 US September Conference Board Leading Index Monthly Rate

Domestic News: 1. China Life Insurance: Net profit for the first three quarters is expected to increase by 50%-70% year-on-year. 2. Since October, a number of small and medium-sized banks have been intensively lowering or are preparing to lower deposit rates. 3. Silan Microelectronics: Plans to invest 20 billion yuan to build a 12-inch high-end analog integrated circuit chip manufacturing production line. 4. A visit to Nexperia's Dongguan factory: Raw materials are in short supply, shipments have been restricted, and employees will work four days and rest three days. 5. Cui Dongshu, Secretary-General of the China Passenger Car Association: New energy vehicle promotions remained at a medium-to-high level in September, with some mid-segment companies showing signs of gradual growth. International News: 1. The possibility of Sanae Takaichi being elected as Prime Minister of Japan has further increased. 2. The Louvre in France was temporarily closed to the public after an armed robbery. 3. South Koreans are rushing to buy silver bars, and South Korean commercial banks will suspend their sales. 4. The iPhone 17's "toothpaste rush" has triggered a wave of phone replacements, and Apple smartphone sales have returned to growth. 5. Jensen Huang will attend the APEC CEO Summit and plans to meet with global leaders and Korean business executives. 6. Gaza Conflict—① The Israeli military claims Hamas has violated the agreement by firing three times and threatens further strikes. ② Hamas-affiliated forces reiterated their commitment to the agreement and disassociated themselves from any incidents in Gaza. ③ Foreign media, citing US officials, stated that the US is urging Israel to "take a proportionate response while exercising restraint." ④ Trump: If necessary, Hamas will be disarmed, either by the US or its proxies. The US will not deploy ground troops.