[Morning News Selection on October 21st] 1. National Data Group Co., Ltd. was officially established on October 20, 2026. Its main responsibilities are to lead data technology, prosper the data industry, serve artificial intelligence, and build Digital China. 2. The U.S. government instructs various agencies to deactivate DeepSeek. In this regard, a spokesperson of the Ministry of Foreign Affairs stated that China has always opposed the generalization of the concept of national security and the politicization of science, technology, economic and trade issues, and we will resolutely safeguard the legitimate rights and interests of Chinese enterprises. 3. The spokesperson of the Ministry of Commerce stated that the United States is hyping up the so-called "stealing of trade secrets" issue, stigmatizing Chinese companies and imposing sanctions, which seriously damages the legitimate rights and interests of Chinese companies and is egregious in nature. China firmly opposes this. China urges the United States to correct its wrong practices as soon as possible, otherwise it will take necessary measures to respond and firmly safeguard the legitimate rights and interests of Chinese companies. 4. Xie Cun, director of the Information and Communications Administration Bureau of the Ministry of Industry and Information Technology, said at a press conference of the State Council Information Office on the 20th that the next step will be to accelerate the expansion and quality improvement of computing power facilities to consolidate the network and computing power base for the development of advanced manufacturing. 5. Wang Weiming, chief engineer of the Ministry of Industry and Information Technology, said that he is studying and drafting relevant policies and measures for a new generation of intelligent manufacturing to accelerate the deep integration of artificial intelligence and manufacturing. 6. Many broad-based ETFs continued to increase their volume in late trading on Tuesday. The Shanghai Composite 50 ETF China’s trading volume for the entire day was 7.53 billion yuan, the highest volume since January 29, 2026. 7. Seven departments including the State Administration for Market Regulation issued the “15th Five-Year Plan for the Development of the Advertising Industry”. It mentioned that the supervision of advertising in medicines, food, health food, medical equipment, education and training, financial management, medical and other people's livelihood fields should be strengthened, and the exposure of typical cases and credit punishment should be increased. The goal is to cultivate about 10 leading advertising companies with international competitiveness by 2030. 8. Company news: ① CATL: Net profit in the first three quarters increased by 31.6% year-on-year. The growth in business scale drove an increase in revenue. ② Yushu Technology: The humanoid robot industry is still in the early stages of commercialization. ③ Zhang Jianping, the third largest shareholder of Yunnan Germanium Industry, increased his position in the third quarter by 19.6157 million shares. ④Tianqi Lithium: Net profit in the first three quarters is expected to increase by 2735%-3235% year-on-year. ⑤ Tianyue Advanced: Net profit in the first three quarters increased by 2330% year-on-year. ⑥Mengqi Technology: Net profit is expected to increase by 154%-175% year-on-year in the third quarter. 9. According to US officials, the US presidential envoy Witkov will meet with Russian President Vladimir Putin on the 21st, and Trump’s son-in-law Kushner will participate via video. 10. Diplomats involved in the Iran-US negotiations commented on the negotiations. Reports that "Iran and the United States are about to reach an agreement" are incorrect. 11. According to the draft prospectus, Anthropic may spend another US$750 billion to purchase computing power in the next few years. The net loss in the first half of the fiscal year was US$80.7 billion, which was much larger than the US$13 billion net loss in the same period last year. Nearly $9 billion was spent on computing power and infrastructure in the first half, compared with $2.3 billion in the same period in 2025. 12. Musk said that SpaceX and Tesla have established a committee to discuss merger matters. SpaceX is confident that 10 gigawatts of computing power will be online in 2027, with the opportunity to reach 20 gigawatts; SpaceX's annual recurring revenue is expected to reach US$500 billion to US$1 trillion by the end of 2027. 13. SpaceX’s third-quarter revenue was US$14.58 billion, a year-on-year increase of 161%. Analysts expected US$12.8 billion. Third-quarter net profit was US$4.4 billion, which was expected to be US$1.88 billion. 14. AMD’s first fiscal quarter net sales are initially estimated at US$18.5 billion to US$19.5 billion, and the market estimate is US$14.99 billion. The company's stock price rose more than 10% after hours. 15. NVIDIA announced that it successfully simulated a 104-qubit fault-tolerant quantum computing system at the German Supercomputing Center. This technology is expected to reduce the number of physical qubits required to achieve fault-tolerant quantum computing by approximately 90%. 16. Apple announced on October 20 the establishment or expansion of partnerships with a number of US companies, which will provide key materials and components for iPhone Duo and iPhone 18 Pro. 17. The three major U.S. stock indexes closed with mixed gains. The Dow rose 1.02%, the Nasdaq fell 0.02%, and the S&P 500 rose 0.29%. Most large technology stocks fell, and biopharmaceuticals and weight loss drugs rose. 18. The settlement price of WTI crude oil futures was US$101.79 per barrel, down US$1.87, or 1.80%. Brent crude oil futures settled at $108.79 per barrel, down $0.76, or 0.69%. 19. COMEX gold futures closed down 0.42% at US$4,142.5 per ounce; COMEX silver futures rose by 1.51% at US$58.14 per ounce.