[Morning News Selection on October 13] 1. The three major U.S. stock indexes closed mixed on Monday, with the Dow up 0.38%, the Nasdaq down 0.44%, and the S&P 500 index down 0.06%; the storage, optical communications, and computer hardware sectors fell, with Quantum falling more than 9%, Corning falling 6%, SanDisk falling nearly 6%, SK Hynix and AMD falling more than 4%, and Micron Technology and Seagate Technology falling more than 3%. 2. The Korean stock market suffered a heavy setback in early trading. As of press time, the KOSPI index's decline expanded to 4%, SK Hynix fell nearly 5%, and Samsung Electronics fell nearly 4%. 3. The Ministry of Finance and the State Administration of Taxation issued an announcement on the 12th that starting from April 1, 2027, the export value-added tax rebate rate for new energy vehicles will be reduced from 13% to 9%, and the export value-added tax rebate for products such as electronic cigarette equipment and devices will be cancelled. 4. Wang Li, deputy director of the General Office of the China Securities Regulatory Commission, said on the 12th that Wu Qing, chairman of the China Securities Regulatory Commission, will attend the opening ceremony of the 2026 Financial Street Forum Annual Meeting on October 19 and deliver a keynote speech. 5. Data released by the China Association of Automobile Manufacturers on the 12th showed that in September, 1.053 million vehicles were exported, including 571,000 new energy vehicles, a year-on-year increase of 1.6 times; from January to September this year, 4.006 million new energy vehicles were exported, a year-on-year increase of 1.3 times. 6. The Hong Kong Exchange and S&P Dow Jones Indices cooperated to launch the S&P 500 HKEX Technology 100 Index. About 60% is allocated to the HKEX Technology 100 Index and 40% is allocated to the S&P 500 Index. 7. Lianxun Instruments announced that the net profit attributable to shareholders of listed companies in the first three quarters of 2026 is expected to be 1.900 billion-2.100 billion yuan, a year-on-year increase of 1866%-2073%, and a month-on-month increase of 197%-241%. Yuanjie Technology announced that its net profit in the third quarter is expected to increase by 579%-660% year-on-year. 8. Ultrasonic Electronics announced that Q3 net profit is expected to increase by 181%-206% month-on-month, and copper-clad laminate product orders will increase with sufficient orders; Northern Rare Earth announced that net profit in the first three quarters is expected to increase by 135%-139% year-on-year, and the prices of major rare earth products are generally at a high level. Hanyu Pharmaceutical announced that its net profit in the first three quarters is expected to increase by 503%-531% year-on-year. 9. Microguide Nano announced that it plans to raise no more than 4.944 billion yuan in additional capital, which will be used for semiconductor equipment projects, cutting-edge thin film deposition technology research and development center projects, etc. 10. 2Lianban Remote Shares announced that it is planning to acquire control of a certain company; Kerisi announced that it is planning to purchase 100% equity of Shenzhen Honggang Optoelectronic Packaging Technology Co., Ltd., and the stock will be suspended from today. 11. Xingyun Technology announced that it has increased the total amount of the computing power service contract to 3.357 billion yuan, an increase of approximately 9.96% from the original contract. 12. JPT announced that it has received optical fiber connector purchase orders of approximately 1.11 billion yuan from North American customers so far in 2026. 13. Fenghua Hi-tech announced that the controlling shareholder Guangsheng Holding Group plans to reduce its holdings by no more than 6.8556 million shares; Huagong Technology announced that the indirect controlling shareholder increased its holdings by 239,200 shares yesterday and plans to continue to increase its holdings by 50 million to 100 million yuan. 14. Jianghuai Automobile announced that sales of new energy passenger vehicles fell by 18.85% year-on-year in September. 15. Saudi Arabia is studying to expand the crude oil pipeline transportation capacity to areas outside the Persian Gulf to 10 million barrels per day in the next two to three years. 16. The President of the Cleveland Fed advocates small and rapid adjustments to monetary policy to keep inflation expectations stable and avoid major corrections in the future. 17. Data from real estate brokerage companies show that the number of second-hand housing contracts in the United States in September hit the lowest level in the past 12 years, and soaring mortgage interest rates have severely dampened demand for home purchases. 18. Meta released the new artificial intelligence model Muse Wonder, and executives said its performance was at the forefront of the industry. Zuckerberg hinted that Meta will further increase spending in the future, and model development is expected to be significantly accelerated. 19. Microsoft is preparing to deploy the latest version of its self-developed chips in data centers with a scale of several gigawatts. 20. Apple will hold a new smart home product launch conference in New York on October 13. The main product is a smart home hub. 21. Goldman Sachs strategists have turned bullish on the short-term trend of global stock markets and expect corporate earnings to further boost the market. 22. Kazakhstan, a major buyer in the gold market, began selling gold reserves as rising U.S. bond yields increased the appeal of the U.S. dollar. 23. The Royal Swedish Academy of Sciences announced on the 12th that Robert E. Hall and Michael Woodford won the Nobel Prize in Economic Sciences in recognition of their development of new macroeconomic models and significantly improved their ability to implement effective stabilizing policies.