[September 11 morning news selection] 1. The spokesperson of the Ministry of Foreign Affairs announced: At the invitation of Prime Minister Narendra Modi of the Republic of India, President Xi Jinping will go to New Delhi, India, from September 12 to 13 to attend the 18th BRICS Leaders’ Meeting. 2. Lu Lei, deputy governor of the People's Bank of China, said at the press conference on the theme of "Getting Started with the 15th Five-Year Plan" held by the State Council Information Office on September 10 that the "15th Five-Year Plan for Building a Financial Power" was officially launched recently. In order to implement relevant arrangements, the People's Bank of China formulated and issued the "People's Bank of China's "15th Five-Year Plan" Reform and Development Plan" and issued nine supporting action plans in related fields. 3. At the regular press conference held by the Ministry of Commerce on the 10th, Huang Ling, spokesperson of the Ministry of Commerce, said in response to relevant questions that the economic and trade teams of China and the United States have conscientiously implemented the consensus reached by the two heads of state in Beijing, and are negotiating on the framework arrangement for reciprocal tax reductions of US$30 billion, striving for early implementation. 4. The central bank issued an announcement that in order to better match the short-term liquidity needs of the banking system, the People's Bank of China will carry out overnight reverse repurchase operations from September 14 to September 17, using fixed interest rates and quantity bidding, and the daily operation volume will not exceed 600 billion yuan. 5. Li Chao, Vice Chairman of the China Securities Regulatory Commission, stated at a press conference of the State Council Information Office on the afternoon of the 10th that greater efforts should be made to release the vitality of mergers and acquisitions and restructuring reforms, and support the transformation and upgrading of listed companies, and make them better and stronger; more inclusive systems for issuance and listing, mergers and acquisitions and restructurings will be implemented, and efforts will be made to build the A-share market as the first choice for domestic high-quality companies to list; it will promote the steady increase in the scale and proportion of medium- and long-term funds entering the market, and vigorously develop equity public funds. 6. The National Development and Reform Commission and the State Administration for Market Regulation issued a notice on matters related to the cost accounting of low-price and disorderly competition for important industrial products, focusing on the production fields of important industrial products where the problem of low-price and disorderly competition is prominent, reminding and warning operators suspected of low-price and disorderly competition, and organizing cost investigations when necessary to calculate the relevant costs of operators. 7. The "Chongqing Action Plan to Cultivate and Develop Ci Yuan Economy (2026-2028) (Draft for Public Comments)" is publicly soliciting opinions. It mentioned that financial institutions are supported to explore new models such as "computing power banks" and "Ciyuan bonds + Ciyuan loans", and innovate the real estate investment trust fund model in the field of data infrastructure. 8. While the industry is in high prosperity, hidden concerns about energy storage capacity expansion are also accelerating. In response to market rumors that the approval of new energy storage battery projects may be tightened, we have recently verified with a number of battery companies that the news is true. 9. It is reported that Chinese AI chip manufacturers, including Cambrian, have significantly increased the prices of existing and new generation AI processors. In this regard, the company's wiring staff said that the company has not announced any news related to price increases. 10. I learned from Xinhu Group that Xinhu Group has recently formally submitted complaint materials to the Supreme People’s Court regarding the “10 billion mineral rights case” that has attracted widespread attention in the capital market. 11. Youcai Resources announced that the actual controller has been changed to the State-owned Assets Supervision and Administration Office of Jiangyin Municipal People’s Government, and the stock trading has resumed. 12. Yuanwanggu announced that it plans to acquire 100% equity of Guangtai Communications. The target company is mainly engaged in automated coupling equipment for optical communication devices and modules. 13. Suiyuan Technology was listed on the Science and Technology Innovation Board today, with an issue price of 142.18 yuan per share. 14. Zhuhai Guanyu stated on the interactive platform that the company currently supplies battery cells for this customer’s laptops and a variety of mobile phones, including folding machines. 15. It is reported that Chinese AI chip manufacturers, including Cambrian, have significantly increased the prices of existing and new generation AI processors. In this regard, the wiring staff of Cambrian Company said that the company has not released any news related to price increases. 16. The three major U.S. stock indexes collectively closed down, with the Dow Jones Industrial Average falling 0.6%, the Nasdaq Composite Index falling 0.65%, and the S&P 500 Index falling 0.58%. Storage sector and copper concept stocks fell; the Philadelphia Semiconductor Index fell more than 2%. 17. The U.S. PPI increased by 5.4% year-on-year in August, which was estimated to be 5.3% and the previous value was 4.7%. The month-on-month increase was 0.4%, compared with expectations of 0.4%. 18. The European Central Bank raised the deposit mechanism interest rate by 25 basis points to 2.50%, the main refinancing rate by 25 basis points to 2.65%, and the marginal lending rate by 25 basis points to 2.90%, in line with market expectations. 19. Yemen’s Houthi armed forces stated on the 10th that international ships passing through the Red Sea and the Bab el-Mandeb Strait are “not threatened” and are still safe. 20. The settlement price of international crude oil futures rose sharply. WTI crude oil futures closed at US$102.48 per barrel, an increase of 6.69%; Brent crude oil futures closed at US$107.63 per barrel, an increase of 6.34%. The national average diesel price in the United States has exceeded $6 per gallon for the first time. 21. The yield on long-term U.S. Treasury bonds continues to rise, with the 30-year Treasury yield rising to 5.34% during the session, a new high since June 2007. Freddie Mac said U.S. mortgage rates rose to 6.76%, the highest level since June 2025. 22. According to Iranian news on the 10th, Iran ordered the suspension of a 10% freight surcharge on foreign energy transport ships entering and exiting the country. 23. The US weather forecast agency stated that the probability of a very strong El Niño during the autumn and winter of 2026-27 in the northern hemisphere is over 90%. 24. Oracle’s adjusted revenue in the first fiscal quarter was US$19.35 billion, and the market forecast was US$19.13 billion. The company expects adjusted earnings per share for the fiscal year to be US$8.10; total revenue in the second fiscal quarter is expected to increase by 30% to 34%.