B[Selected midday news on October 12]
1. As of midday closing, the Shanghai Composite Index fell by 0.12%, the Shenzhen Composite Index fell by 1.03%, and the ChiNext Index fell by 1.27%.
2. Hong Kong stocks closed at noon, with the Hang Seng Index up 0.17% and the Hang Seng Technology Index down 0.55%.
3. The Ministry of Foreign Affairs took countermeasures against Paraguay’s Minister of Communications and Technology Billiat; and took countermeasures against Belize’s Minister of Foreign Affairs, Foreign Trade, Education, Culture, Science and Technology Fonseca.
4. Data show that last Friday (October 9), stock ETFs had a net inflow of 22.782 billion yuan, marking the fifth consecutive trading day of net inflows.
5. Huawei’s cumulative shipments of foldable machines have exceeded 20 million units. Huawei’s foldable screen mobile phone market share will exceed 70% in the first half of 2026. B[The Central Political and Legal Affairs Commission issued the "Opinions on Strictly Investigating and Punishing the Violations and Crimes Endangering Food Safety in accordance with the Law"] On October 12, the Central Political and Legal Affairs Commission recently issued the "Opinions on Strictly Investigating and Punishing the Violations and Crimes Endangering Food Safety in accordance with the Law", which requires political and legal agencies to strictly investigate and deal with the violations and crimes endangering food safety in accordance with the law. The "Opinions" put forward three requirements for political and legal authorities to strictly investigate and deal with crimes that endanger food safety in accordance with the law. The first is to highlight the key points of attack. Focus on key areas such as meat products, school food, health food, vegetables and fruits, which are of great concern to the society, and key links such as production and processing, online sales, terminal catering, and food imports, dig deep into case clues, severely punish illegal criminals, and send out a strong signal of severe punishment in accordance with the law. The second is to adhere to strict compliance with the law. The entire process and links of criminal proceedings, including investigation, arrest, prosecution, trial, and penalty execution, are required to be strictly enforced in accordance with the law. Suspended sentences and exemptions from criminal penalties are strictly controlled in accordance with the law, and those with serious circumstances and bad consequences are severely punished in accordance with the law. The third is to strengthen supervision and guidance. For major, difficult and complex cases involving food safety, we will increase supervision and guidance through individual case supervision and guidance on similar cases to improve the quality and efficiency of case handling. B[Shanghai launches an action to accelerate the development of a new generation of intelligent manufacturing and implements four major projects and 19 key tasks] "Shanghai Science and Technology Innovation Board Daily" reported on the 12th that at the opening ceremony of the 26th Industry Expo, the "Shanghai Action to Accelerate the Development of a New Generation of Intelligent Manufacturing" was officially launched. Zhang Ying, deputy secretary-general of the Shanghai Municipal Government, launched the action. Shanghai will implement four major projects and carry out 19 key tasks to promote the deep integration of artificial intelligence and manufacturing and accelerate the construction of a new generation of intelligent manufacturing systems.
The first is to implement a new generation of intelligent manufacturing supply leading project. Benchmark the international cutting-edge level, focus on upgrading the entire chain of technology, equipment and services, and strengthen the supply of new generation intelligent manufacturing.
The second is to implement the “AI + Manufacturing” foundation-building innovation project. Seize the strategic opportunity of the deep integration of artificial intelligence and manufacturing, and accelerate the construction of a new generation of intelligent manufacturing system that is data-driven, model-supported, scenario-driven, safe and controllable.
The third is to implement the smart factory gradient cultivation project. Using smart factory construction as a carrier, we will promote the implementation of the new generation of smart manufacturing in all aspects of R&D and design, production operations, operations management, product services, and supply chain management.
The fourth is to implement a new generation of intelligent manufacturing ecological construction project. Focusing on key elements such as platforms, pilot tests, clusters, standards, and talents, we will build a development ecosystem that is supportive, collaborative, efficient, open and innovative.
The action is clear. By 2028, we will achieve full coverage of smart factories in key manufacturing enterprises in the city, promote the application of artificial intelligence in smart factories, cultivate 500 advanced smart factories, exceed 2,000 application scenarios of artificial intelligence in the manufacturing industry, develop 10 advanced and applicable vertical large-scale models, launch 300 high-level intelligent agents, and build new infrastructure that meets the needs of the new generation of smart manufacturing.
At the same time, Shanghai will promote the density of industrial robots to reach 600 units per 10,000 people, promote the introduction of 8,000 humanoid robots into factories, promote the scale of the new intelligent manufacturing equipment industry empowered by artificial intelligence to exceed 200 billion yuan, and the scale of the intelligent manufacturing system integration industry to reach 100 billion yuan. (Kechuangban Daily reporter Huang Xinyi) B[The area of the 28th Harbin Ice and Snow World Park has been expanded to 1.25 million square meters] On October 12, the "Crown of Ice and Snow, Appointment in Longjiang" Heilongjiang Province Ice and Snow Tourism Development Promotion Association 2026-2027 Ice and Snow Season Promotion Conference and Launching Ceremony was successfully held in Guangzhou. According to reports, the area of the 28th Harbin Ice and Snow World Park will be expanded to 1.25 million square meters, setting a new record in scale, with a total ice and snow consumption of 400,000 cubic meters. It will focus on six major sections: ice and snow landscapes, entertainment experiences, performing arts activities, ice and snow events, theme IPs, and supporting services to create an immersive winter ice and snow tourism feast. B[Main Fund Monitoring: Changxin Technology's net sales exceeded 700 million] On October 12, the market tracking data showed that in early trading today, the main funds had a net inflow into the cultural media, new electronics industry, power grid equipment and other sectors, and a net outflow from the electronics, communications, non-ferrous metals and other sectors, of which the electronic sector had a net outflow of over 2.8 billion yuan. In terms of individual stocks, Ningde Times ranked first with net purchases of more than 600 million yuan by main funds. Pengding Holdings, Cambrian, and Tianshun Wind Energy ranked first in net inflows of main funds; Changxin Technology saw net sales of more than 700 million yuan, and Zhongji InnoLight, Dongshan Precision, and GigaDevice ranked first in net outflows of funds.
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