[Selected morning news on November 9th] 1. Premier Li Qiang chaired an executive meeting of the State Council on November 6. The meeting pointed out that the capital market stabilization mechanism should be improved, the inherent stability of the stock market should be enhanced, and the stable and healthy development of the capital market should be promoted. The meeting also pointed out that it is necessary to focus on key areas and continue to exert efforts, speed up the implementation of major projects and the construction of "six networks", and support enterprises to expand investment in equipment updates, intangible assets and other investments. 2. On the evening of November 6, Beijing time, Vice Premier He Lifeng, the Chinese leader of China-U.S. economic and trade relations, held a video call with the U.S. Treasury Secretary Bessent and Trade Representative Greer. The two sides agreed to continue to give full play to the role of the China-US economic and trade consultation mechanism under the strategic guidance of the two heads of state, continue to strengthen cooperation, properly manage differences, promote the sustained, stable and positive development of China-US economic and trade relations, and help build a "China-US constructive strategic and stable relationship based on respect, fairness and reciprocity." 3. The spokesperson of the Ministry of Commerce answered reporters’ questions on the US sanctions against Chinese companies. The Ministry of Commerce stated that the United States' unilateral sanctions against Chinese companies on the grounds that they involve third parties violate international law and basic norms governing international relations, and China is firmly opposed to it. China urges the United States to correct its wrongdoings as soon as possible and reserves the right to take necessary measures to safeguard its legitimate rights and interests. 4. Comrade Yue Xiuhu, member of the Party Leadership Group and Deputy Director of the National Development and Reform Commission, presided over the meeting. The meeting emphasized that all relevant departments should further connect planning plans, promptly introduce supporting policies, accelerate the construction of project databases and information sharing, strengthen the scheduling of major projects and guarantees of funds, land and other elements, support the cultivation and creation of new scenarios of "six network collaboration", study and formulate next year's work plan, and ensure the efficient and orderly advancement of the construction of "six networks". 5. Statistics from the State Administration of Foreign Exchange show that as of the end of October 2026, China’s foreign exchange reserves were US$3,405.2 billion, an increase of US$4.9 billion, or 0.14%, from the end of September. Gold reserves at the end of October were 78.3 million ounces, compared with 77.47 million ounces at the end of September, marking the 24th consecutive month of increased gold holdings. 6. The Shenzhen Stock Exchange and Shenzhen Securities Information Co., Ltd. decided to revise the GEM index compilation plan and gradually adjust the upper limit of the weight of a single sample stock to 15%. During the adjustment period, the upper limit of the weight and the weight adjustment factor will only be lowered but not raised. This revision will take effect on December 14, 2026, when the regular adjustment is made. 7. A report broadcast by "Xinwen Lianbo" on November 7 took 2 minutes and 36 seconds to introduce the report on accelerating the construction of a new generation communication network. According to the report, the new generation communication network is the key digital link that connects the digital and the physical, and connects the present and the future. In the first year of the “15th Five-Year Plan”, various regions have accelerated the construction of new generation communication networks and laid a solid foundation for high-quality development. The new generation communication network includes 5G, 5G-A, 6G and other mobile communication networks, as well as 10G optical network, satellite Internet, etc., realizing the deep integration of communication, perception, computing, intelligence and other functions. 8. Previously stimulated by rumors of overseas production suspensions, RTX 50 series graphics cards began to rise continuously, rising for 11 consecutive trading days. Starting from October 28, the market suddenly turned downward. RTX 5080 dropped from a high of nearly 20,000 yuan to 16,000 yuan, with the price corrected by 20%. 9. The State Administration of Radio and Television has deployed a new round of special rectification work on the vulgarity and homogenization of micro-short dramas. The rectification period will last for two months, starting from November 1 to the end of December. 10. Apple’s research team disclosed research progress on robot “brain”. According to the paper, the research team conducted 360 single task tests in 6 real environments without pre-scanning or mapping, with an average success rate of 91%. 11. The Shanghai Stock Exchange issued a regulatory work letter regarding the stock price fluctuations of Zhejiang Film Group Co., Ltd. Zhewen Pictures came under regulatory attention due to stock price fluctuations. The supervisory work letter involves listed companies. 12. Huaxin Building Materials announced that it plans to acquire 99.99% equity in Brazil’s CSN CIMENTOS for approximately US$1.642 billion. Tian'an New Materials announced that it plans to acquire 62.5% of Jiawanguang's equity for 250 million yuan. 13. Guangzhi Technology announced that its holding subsidiary signed an agreement of intent to supply indium phosphide substrates of no less than US$601 million. Tonghe Technology announced that it plans to invest 1.003 billion yuan to build an industrialization project of intelligent complete sets of power equipment integrating computing power and energy storage. International Composites announced that it plans to invest 1.158 billion yuan to build a high-performance electronic fiber cloth project. 14. Phoenix Shipping announced that the company received the "Notification of Case Filing" issued by the China Securities Regulatory Commission on November 6, 2026. Due to suspected violations of laws and regulations in information disclosure, the China Securities Regulatory Commission decided to file a case against the company. 15. Shennan Circuit announced that the controlling shareholder proposed that the total cash dividend for 2026 should not be less than 35% of net profit. 16. Last Friday, the three major U.S. stock indexes closed with mixed gains, with the Dow Jones Industrial Average falling 0.46%, the Nasdaq Composite Index rising 1.09%, and the S&P 500 Index rising 0.32%. On the weekly front, the Dow Jones Industrial Average fell 0.94% last week, the Nasdaq fell 3.37%, and the S&P 500 Index fell 2.68%. 17. The number of non-farm employment in the United States increased by 165,000 in October. It is expected to increase by 65,000. The previous value was an increase of 29,000. In terms of previous values, the number of new non-agricultural jobs in August was revised up from 133,000 to 186,000, and in September from 29,000 to 60,000. The total number of new non-agricultural jobs in the two months was revised up to 84,000. 18. Berkshire Hathaway’s revenue in the third quarter was US$105.647 billion, compared with US$94.972 billion in the same period last year; net profit attributable to shareholders in the third quarter was US$22.112 billion, compared with US$30.796 billion in the same period last year. 19. A wave of protests against the construction of data centers is spreading in many places in Europe. It is reported that more than 100 civil organizations and rights groups from 15 European countries participated in this joint action to protest the rapid expansion of energy-consuming data centers and called for a suspension of all new large-scale data center projects until a clearer regulatory system is established. 20. Agence France-Presse quoted witnesses on the 8th as saying that the financial district of Riyadh, the capital of Saudi Arabia, was attacked and the Saudi Aramco building was damaged. 21. OpenAI completed a new round of financing of US$11 billion at a valuation of US$1.25 trillion, and the initial capital commitment was received on Friday. OpenAI's chief financial officer said that regardless of the election results, OpenAI will continue to invest in AI data centers.