The first batch of 18 active ETFs has raised over 34.2 bln yuan. Several funds have already started building positions and are expected to list on exchanges as early as late November. Products will be open to all investors, including mid-to-long-term institutional capital.

Shanghai Vice Party Secretary and Mayor Zhu Zhongming chaired a Nov. 2 executive meeting that approved in principle Shanghai’s New Energy System Construction ‘‘15th Five‑Year’’ Plan and ordered expedited implementation. The city will push a green, low‑carbon transition and optimize its energy mix, develop tens‑of‑GW green power bases, accelerate an Inner Mongolia‑to‑Shanghai UHV transmission project and deep‑offshore wind buildout, and foster compute‑power coordination and ‘‘AI+ energy’’ business models to strengthen low‑carbon consumption. Shanghai will also beef up energy security with a multi‑layer reserve mechanism covering in‑city and external, near‑ and long‑term reserves, and promote aggregation of flexible resources — including virtual power plants and new energy storage — to boost grid flexibility and peak‑supply capability and safeguard reasonable energy use for economic activity.

The Information reports Apple (AAPL.O)’s home-robot project codenamed J595, originally targeted for a 2025 launch with an estimated price near $1,000, may be delayed to 2028.