Oct 28 — Zhiyuan announced an upgrade to its one-stop embodied intelligence simulation platform Genie Sim, claiming a breakthrough in flexible-object (soft-body) simulation. The platform integrates Real2Sim system identification, a self-developed physics engine and world-model capabilities and achieved 96.7% consistency between simulation and real-world task performance. Zhiyuan said the upgrade connects scene reconstruction, data collection, automated evaluation, post-training and open-world ex

Markets expect the RBNZ to hike 25bps today, with most major banks flagging further tightening risk as inflation and external pressures rise. Standard Chartered cites inflation at 3.7% (above the 1–3% target) and sees significant upside risk to rates. Capital Economics also expects a 25bp move and has pulled forward its final 25bp hike from Mar 2027 to Dec 2026. TD Securities points to sharply worse imported inflation and NZD weakness, keeps Dec and Feb 25bp hike calls and raises its terminal OCR to 3.50% (from 3.25%). ANZ, ASB and Westpac each forecast 25bp today plus additional 25bp moves in Dec and Feb, taking OCR to about 3.50% by early 2027. BNZ expects 25bps now and a higher peak OCR of 3.75%. ING expects a 25bp move and a hawkish statement, but sees the next hike more likely in Feb 2027 than Dec. The RBNZ shadow committee majority recommends 25bps on rising fuel costs and NZD weakness, though some members prefer to wait for earlier hikes to feed through. A Reuters survey found 22 of 27 economists expect a 25bp October hike; among 23 respondents, 13 expect the OCR to remain at 3.00% at year-end while nine expect it to rise to 3.25% in Dec.

Sources say Huitianfu Fund Management and Dacheng Fund Management each raised 2 bln yuan and will close subscriptions early, bringing to nine the number of the initial 18 active ETFs that have hit issuance targets. Market participants say active ETFs have drawn rapid capital by combining fund managers’ stock-picking and sector allocation with ETF features — portfolio transparency, intraday trading and lower trading costs.