A · Important
[September 14 morning news selection]
1. On the morning of September 13, local time, President Xi Jinping proposed five initiatives to deepen BRICS cooperation when attending the second phase of the 18th BRICS Leaders’ Meeting in New Delhi: the first is the open-source artificial intelligence initiative, the second is the trade and investment facilitation initiative, the third is the digital industry cooperation initiative, the fourth is the intelligent manufacturing cooperation initiative, and the fifth is the science and technology education initiative.
2. Premier Li Qiang chaired an executive meeting of the State Council on September 11. The meeting pointed out that we must adhere to a rational layout, standardization and order, further improve the computing power infrastructure, actively promote the research and development and application of key technologies and equipment, and build a multi-level networked computing power system.
3. 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, with the daily operation volume not exceeding 600 billion yuan.
4. The Cyberspace Administration of China, the Ministry of Agriculture and Rural Affairs, and the Ministry of Industry and Information Technology jointly issued the "Action Plan for High-Quality Development of Digital Rural Areas (2026-2030)". The "Action Plan" clarifies that by 2030, the development of digital rural areas will achieve remarkable results, new rural information infrastructure will be optimized and improved, the overall level of digitalization of rural industries, informatization of rural construction, and intelligent rural governance will be significantly improved, and the sustainable development mechanism of digital rural areas will be more complete.
5. Rao Shaoyang, director of the Institute of Industry and Corporate Strategy of the China Telecommunications Research Institute, said that the annual consumption of tokens in China is expected to reach 1 billion in 2026, and will exceed 350 billion by 2030, with a compound annual growth rate of nearly 12 times.
6. The China Securities Regulatory Commission issued a notice. After investigation, *ST Zhuoran had inflated profits and other behaviors in the relevant years, seriously violating securities laws and regulations. The China Securities Regulatory Commission plans to fine the listed company 12.5 million yuan, fine the six responsible persons a total of 35.8 million yuan, and ban the actual controller from the securities market for 10 years. *ST Zhuoran is suspected of being involved in a major violation of laws and forced delisting, and the Shanghai Stock Exchange will initiate delisting procedures in accordance with the law.
7. The reporter interviewed relevant listed companies and learned that the prices of major dye products continued to increase in September. Among them, the quotation of the mainstream variety of reactive brilliant blue rose from 250,000 yuan/ton to 300,000 yuan/ton, and the quotation of dispersed black increased from 30,000 yuan/ton to 33,000 yuan/ton in early September. This year, high-end anthraquinone dyes have also doubled and surged.
8. People in the industry chain learned that Sungrow sent a product price adjustment notification letter to downstream customers and implemented price increases for photovoltaic storage products starting from September 20. The products include photovoltaic inverters, energy storage converters and energy storage systems. The product price adjustment range is 5%-15%.
9. Zhipu announced the completion of approximately US$5 billion in financing, including approximately US$2 billion in share placement and approximately US$3 billion in convertible bond issuance.
10. Inspur Information announced that it plans to raise no more than 9 billion yuan to invest in AI infrastructure and other projects. Zhongjuxin announced that the joint-stock company plans to invest 1.1 billion yuan to build a high-purity quartz material project. Youyan Silicon announced that it plans to purchase 71.89% equity of Shandong Youyan Ace and 14.98% equity of Shandong Youyan Semiconductor, and the stocks will resume trading.
11. Longban Media announced that the trading suspension verification work has been completed and trading will resume from September 14th.
12. Xuetian Salt Industry announced that it has corrected the commitments of the counterparty and the target company in the restructuring plan. Huaxi Nonferrous Metals announced that it is planning a change of control and the stock will be suspended from September 14.
13. Hongchang Electronics announced that it plans to raise no more than 1.8 billion yuan in additional capital to invest in high-end copper-clad laminate and other projects.
14. Announcement of Garden Shares, planning to issue shares and pay cash to purchase assets and suspend trading.
15. Jinan Guoji announced that the information spread online about the company's products being included in the supply chain system certification of Nvidia and Huawei is all false information. The 3-board ultrasonic electronic announcement in 5 days, "The ultrasonic electronic high-frequency board has passed NVIDIA certification" is not true, and there are currently no products supplied to NVIDIA.
16. The U.S. CPI increased by 3.4% year-on-year in August, in line with market expectations; the core CPI in August increased by 0.3% month-on-month, higher than market expectations.
17. Goldman Sachs economists predict that the Federal Reserve will raise interest rates by 25 basis points at the end of its two-day interest rate meeting on September 16. The bank had previously expected to keep interest rates unchanged. Citigroup expects the Fed to raise interest rates in September and cut rates by mid-2027.
18. White House economic adviser Hassett said, "Both Trump and I believe there is no reason to raise interest rates. It is important for the Fed to maintain the status quo before the election. Trump 100% respects Warsh's independence."
19. The Ministry of Foreign Affairs of Oman announced on the evening of the 13th local time that the regional meeting originally scheduled to be held in Salalah, a port city in southern Oman on the 14th, would be postponed.
20. The Ministry of Energy of Saudi Arabia issued a statement on the 11th saying that the Riyadh section and the Medina section of the country's east-west oil pipeline were attacked multiple times on the morning of the 10th, and precautionary measures have been taken to close the pipeline.
21. Traders and sources said that the Saudi Arabian oil pipeline was interrupted. If the pipeline cannot be restored within a few days, global oil supply may lose 4%. Saudi Arabia's storage at Yanbu Port is only enough to sustain exports for 5 to 7 days, and a small amount is stored in Egypt.
22. According to reports, Anthropic PBC has told a small group of shareholders that it will report adjusted operating profits this quarter. That would mark the company's second consecutive quarter of profit as it prepares to go public. Anthropic has chosen Nasdaq as the listing venue for its potential IPO, people familiar with the matter said.
23. NVIDIA is reported to be negotiating to invest in Anthropic's large-scale IPO project. NVIDIA is negotiating to invest up to US$10 billion in Anthropic's IPO. Anthropic plans to raise up to US$100 billion through its IPO, valuing it at approximately US$2 trillion.
24. OpenAI CEO Sam Altman reportedly said that OpenAI will not conduct an initial public offering (IPO) in 2026.
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