A · Important
[September 22 morning news selection]
1. At the invitation of President Trump of the United States of America, President Xi Jinping will pay a state visit to the United States from September 23 to 25.
2. The three major U.S. stock indexes collectively closed higher on Monday, with the Nasdaq rising 2.26%, the S&P 500 rising 1.49%, and the Dow Jones Industrial Average rising 0.71%. The Philadelphia Semiconductor Index rose by 4.29%, the largest single-day increase since August 4. ARM rose by more than 17%, Intel rose by more than 12%, Meta rose by more than 11%, and the Meta intelligent Muse topped the free application lists of Google and Apple in the United States; AMD rose by about 10%, with its market value exceeding US$1 trillion for the first time, becoming the fourth US chip company to join the "Trillion Dollar Club"; Qualcomm rose by more than 9%.
3. The Political Bureau of the CPC Central Committee held a meeting on September 21. The meeting decided that the fifth plenary session of the 20th Central Committee of the Communist Party of China will be held in Beijing from October 26th to 29th.
4. The central bank convened a symposium on foreign financial institutions. Pan Gongsheng, governor of the central bank, said that he will continue to promote high-level financial opening up, continue to improve policy supply, steadily expand the two-way opening of the financial market, continue to optimize cross-border payment services, and make it more convenient for the international use of RMB.
5. The Shanghai Stock Exchange issued a notice on the relevant situation of Shengu Group, stating that it will continue to pay close attention to the initial trading of Shengu Group and take self-regulatory measures in accordance with regulations.
6. 2-link Xinhua Wenxuan announced that it plans to acquire 100% equity of Sichuan Ethnic Publishing House for RMB 346 million. Xingshuaier announced that it plans to purchase 100% equity of Xiangying New Materials, a PCB cutting tool equipment company, and the stock will be suspended from trading today.
7. 20CM daily limit Jindan Technology announced that it has not received orders related to polylactic acid.
8. Keda Manufacturing announced that it plans to invest 4.5 billion yuan to build an integrated graphite anode material project with an annual output of 500,000 tons. Galaxy Microelectronics announced that it plans to invest 1.078 billion yuan to build a high-end core device industrialization project. Sunshine Shares announced that its subsidiary plans to purchase servers and supporting equipment for RMB 2.293 billion to provide related services to the outside world.
9. Longsys announced that the repurchase plan has been implemented, with a total transaction amount of approximately 800 million yuan.
10. Yihao New Materials announced that it plans to raise no more than 1.8 billion yuan to acquire no less than 78% of the equity of Mingfeng Electronics. The target company's main business is the research, production and sales of high-performance copper foil.
11. Hong Kong Exchanges and Clearing Limited proposed to relax the rules for listed companies to conduct major transactions and spin-offs, aiming to enhance Hong Kong’s attractiveness as a listing place.
12. On Monday, the international crude oil futures settlement price closed sharply lower. WTI crude oil futures October contract fell 4.51%, Brent crude oil futures November contract fell 3.4%. COMEX gold futures fell 0.99% to US$4,381 per ounce; COMEX silver futures fell 0.92% to US$66.53 per ounce.
13. The president of the Federal Reserve Bank of St. Louis said that further interest rate hikes may be needed to curb inflation. Chicago Fed President Goolsby said he cannot rule out the possibility that inflation will begin to fall back toward the 2% target, but if that fails, interest rates will need to be raised.
14. Regarding artificial intelligence, U.S. President Trump stated that the United States will remain cautious and restrict AI when necessary, but its overall position is that it will only encourage the development of AI.
15. SpaceXAI officially released the Grok 4.7 model. The Grok 4.7 input token is US$2 per million and the output token is US$6 per million.
16. U.S. Treasury Secretary Bessent blamed the OpenAI management for the Hugging Face incident, saying that the responsibility lies with people, not AI.
17. Russia is reported to be further extending its diesel export ban after it expires in September. Trump reportedly held a phone call with Ukrainian President Volodymyr Zelensky on Sunday and asked him to stop attacking Russian oil refineries.
18. U.S. Department of Energy data showed that crude oil inventories in the U.S. Strategic Petroleum Reserve fell to 284.6 million barrels last week, the lowest level since October 1982.
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