A · Important
[September 18 morning news selection] 1. Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, had a phone call with U.S. Secretary of State Rubio on the 17th. The two sides had an in-depth discussion focusing on high-level exchanges between the two countries. Wang Yi said that both sides should prepare for the next stage of high-level exchanges in the spirit of equality, respect, and reciprocity, strengthen communication, promote cooperation, manage differences, respect each other's core interests, and send out a positive message that China and the United States are committed to promoting constructive strategic and stable relations and jointly promoting world peace and development. 2. The Ministry of Commerce held a regular press conference on the 17th. In response to a question about the latest progress in the negotiation on the US$30 billion mutual tariff reduction arrangement between China and the United States, spokesperson He Yadong said that the economic and trade teams of China and the United States are currently maintaining close communication on relevant issues, and relevant progress will be announced in due course. 3. On September 17, Minister of Commerce Wang Wentao held a video meeting on Sino-EU economic and trade issues with European Commission Commissioner for Trade and Economic Security Sefcovic. 4. Regulatory agencies have recently issued a notice to fund managers, asset management institutions, and fund sales agencies on the implementation of the "Measures for the Administration of Online Marketing of Financial Products", requiring that they are not allowed to cooperate with other organizations or individuals other than third-party Internet platforms, including "Internet influencers", to carry out online marketing of financial products. 5. The Ya'an Economic and Technological Development Zone Management Committee recently released the first public announcement of the environmental impact assessment information of the Ningde Times Ya'an lithium salt production base project. The total investment of the project is 1.4 billion yuan, and it is planned to build an annual production capacity of approximately 40,000 tons of lithium carbonate, 30,000 tons of lithium dihydrogen phosphate and 130,000 tons of lithium dihydrogen phosphate. 6. We learned from Huawei dealers that many dealers have been informed by Huawei that starting from January 1 next year, the Wenjie brand will be "exclusively exclusive". One Hongmeng Zhixing store will exclusively sell Wenjie, and the other will sell the other four realms. 7. Cloud computing service provider Nebius announced that it will increase the prices of a number of on-demand computing resources starting from October 1, with the latest Nvidia GPU seeing the largest increase. H200 rose from US$4.50 to US$5.40, an increase of 20%; NVIDIA B300 had the absolute largest increase, from US$7.85 to US$9.50/GPU hour, an increase of approximately 21%. 8. China Jushi announced that Zhenshi Group, the second largest shareholder, reduced its holdings by 28.33 million shares from September 15 to 17. Hunan Yuneng announced that its second largest shareholder CATL reduced its holdings by a total of 17.4597 million shares from June 26 to September 16, with the shareholding ratio falling to less than 5%. 9. Kuang-Chi Technology announced that its wholly-owned subsidiary Kuang-Chi Advanced Technology will deliver metamaterial structural products worth a total of 907 million yuan to three customers. 10. Chitianhua announced that shareholder Great Wall Company plans to reduce its holdings by no more than 3% of its shares. Jiangshun Technology announced that shareholders plan to reduce their holdings of no more than 3% of the company's shares. 11. The three major U.S. stock indexes collectively closed higher, with the Nasdaq rising 1.69%, the S&P 500 rising 1.14%, and the Dow Jones Industrial Average rising 0.61%. The Philadelphia Semiconductor Index rose 3.14%. AI hardware stocks and chip semiconductor stocks surged, and the three times long semiconductor ETF-Direxion surged 10.44%. 12. U.S. President Trump told the media that he is facing a critical turning point in the war against Iran and needs to decide whether to restart a large-scale offensive in order to end the conflict. 13. The Bank of England voted 6 to 3 to keep the benchmark interest rate unchanged at 3.75%, in line with market expectations. 14. Nvidia CEO Jensen Huang said that artificial intelligence security is crucial; Nvidia’s chip sales next year will double this year’s. 15. Goldman Sachs has raised the average annual compound growth rate of electricity demand in the United States from 3.2% to 3.5% by 2030; it is expected that data center power demand in 2030 will increase by about 170% compared with 2025. The forecast in March this year was only about 117%. 16. Intel CEO said that the company's current CPU supply can only meet 50% of customer demand. Intel's 18A node has entered mass production, and the 14A node will be put into production in the first quarter of next year.
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