B[Shenzhen’s import and export of integrated circuits and other artificial intelligence-related components ranked first in the country in the first three quarters] On October 19, the Information Office of the Guangdong Provincial People’s Government held a press conference on Guangdong’s import and export situation in the first three quarters of 2026. Liang Danhong, Deputy Commissioner of Shenzhen Customs, said that the rapid growth of Shenzhen’s foreign trade is mainly due to three aspects: First, the upgrading of industrial momentum. Artificial intelligence empowers Shenzhen's industrial development, and foreign trade continues to move from "new" to "excellent". In the first three quarters, the import and export scale of artificial intelligence-related components such as integrated circuits ranked first in the country, contributing more than 60% of the city's foreign trade increase; the total export of Shenzhen's advantageous products such as 3D printers and digital cameras increased by 46.5%, accounting for more than 80% of the country's exports of similar products. The second is the burst of subject vitality. The number of enterprises with import and export records in the city exceeded 70,000, among which private enterprises were the main force in foreign trade. Import and export increased by 49.9%, accounting for more than 70% of the city's scale, and contributed nearly 90% of the city's foreign trade increase. Third, the market landscape is diverse. In the first three quarters, more than 240 countries and regions had economic and trade relations with Shenzhen, and the top ten trading partners all achieved double-digit growth. It is worth mentioning that, as the host city of this year’s APEC Leaders’ Informal Meeting, Shenzhen’s import and export volume to other APEC economies continues to lead the country, reaching a record high in the first three quarters, reaching 3.23 trillion yuan, an increase of 40%. B[China Photovoltaic Industry Association: Promote the collaboration of the entire industry chain to help the photovoltaic industry move from scale leadership to value leadership] On October 19, the reporter learned from the China Photovoltaic Industry Association that Liu Yiyang, executive secretary of the China Photovoltaic Industry Association, said at the "2026 Photovoltaic Industry Technology 100 People Meeting" held recently that the current industry is still in a period of deep adjustment, but exports remain resilient and technological innovation remains the core confidence for the industry to go through the cycle. The manufacturing side must rely on technological upgrades to reduce costs, improve quality, and maintain the bottom line of quality; the application side must shift from "emphasis on construction" to "emphasis on operation" to tap the value of scenarios. The China Photovoltaic Industry Association will continue to build a professional and technical exchange platform, promote anti-involution and collaboration throughout the industry chain, and help China's photovoltaic industry move from scale leadership to value leadership. "We need to make comprehensive efforts through both supply and demand. The supply side promotes the orderly exit of inefficient production capacity through standards leadership, and the demand side expands market space through cutting-edge applications such as computing and power collaboration and space photovoltaics." Jiang Hua, deputy secretary-general of the China Photovoltaic Industry Association, said. (China Securities News) B[National Bureau of Statistics: The "artificial intelligence +" action has effectively boosted investment and exports in emerging fields] On October 19, Wang Guanhua, spokesperson of the National Bureau of Statistics and head of the National Economic Comprehensive Statistics Department, said at a press conference of the State Council Information Office that the "artificial intelligence +" action in the first three quarters has effectively boosted investment and exports in emerging fields. The expansion of artificial intelligence applications has driven continued investment and expansion in the upstream and downstream of the industrial chain. For example, in the first three quarters, investment in electronic circuit manufacturing, integrated circuit manufacturing, and information services increased by 58.7%, 14.2%, and 20.2% respectively. With the support of the "two new" policies, enterprises accelerated their intelligent transformation, driving investment in equipment purchase to increase by 9.7%. At the same time, relying on the advantages of supporting the entire chain, China has quickly launched AI software and hardware products suitable for different scenarios, accurately meeting the needs of overseas markets. In the first three quarters, China's exports of electronic components, wires and cables and other products increased by 70% and 25.3% respectively. Terminal products such as AI glasses and intelligent bionic robots continue to enrich global artificial intelligence application scenarios. B[Regulations require that securities companies and fund research fees shall not be paid by transaction commission transfers and shall not be compensated in disguised form by allocating points to warehouses] On October 19, reporters learned that the supervision department recently issued a notice to securities companies and fund companies stating that some securities companies have violated regulations and are responsible for overseas research expenses for fund companies. In response to this situation, the supervision reiterated that securities companies and fund companies should comply with relevant requirements: first, strictly abide by transaction fee management regulations, and shall not use transaction commissions to transfer fees for expert consultation, research intermediaries, conferences, tickets, air tickets, accommodation, etc. that should be paid by themselves, and shall not compensate in disguised ways by increasing commission sharing ratios, increasing warehouse distribution points, committing to transaction volume, etc.; second, Strengthen the management of the entire research process, implement "one report for each incident, one group for each file" to ensure that the travel process is true, reasonable and traceable; third, implement the financial management system, and shall not use false names and other means to detour to provide financial support for activities that exceed quotas, exceed regulations, and violate laws and regulations; fourth, continue to consolidate the cultural foundation of the industry, and it is strictly prohibited to participate in activities that violate public order and good customs and the industry's integrity requirements. Each institution must conduct self-examination and self-correction, refund excessive or inappropriate expenses, and conduct internal accountability. Supervision will include the use and management of transaction commissions as key points of annual on-site inspections. (Reporter Lin Jian) B[Domestic commodity futures opened in early trading, fuel oil rose by more than 5%] On October 19, domestic commodity futures opened in early trading, fuel oil rose by more than 5%, iron ore, alumina, etc. rose by more than 1%, beans, Shanghai aluminum, etc. rose slightly; lithium carbonate fell by more than 3%, starch, pure benzene, etc. fell by more than 1%, cotton, corn, etc. fell slightly. B[Heavy rains continue in many places in the south, and there will be strong winds and cooling in the central and eastern regions] News, October 19, today (October 19), the rain intensity in the Yangtze River Basin increased, and there were heavy rains or heavy rains in some areas of Chongqing, Hubei, Anhui, Jiangsu and other places. Rainfall will continue in the above areas tomorrow. At the same time, a new wave of stronger cold air will come online, bringing strong winds and cooling weather to the central and eastern regions. B[Supply accelerates asset expansion, and the long-term allocation value of public REITs gradually becomes apparent] October 19th: Recently, the public REITs market can be summarized into two main lines: First, the secondary market of public REITs has gradually recovered from deep adjustment; second, the supply side has accelerated expansion and multiple breakthroughs in asset types. After experiencing a sharp retracement this year, the secondary market rebounded in mid-to-late September, and the market gradually recovered and stabilized; the pace of registration and issuance in the primary market hit a record high for the same period in history, and asset types continued to extend to commercial real estate, coal-fired power generation, and rent-guaranteed housing in second- and third-tier cities. At this point in time, institutional discussions on the allocation value of low valuation + high dividends have obviously heated up, and the long-term allocation value of public REITs has become prominent. B[Russia claims it attacked Ukrainian military facilities and Ukraine claims it attacked Russian oil terminals] On October 19th, the Russian Ministry of Defense issued a battle report on the 18th stating that in the past 24 hours, the Russian army attacked the Ukrainian army’s transportation infrastructure, military technical material warehouses, drone assembly workshops, storage and launch points, etc. The Russian Ministry of Defense stated that the Russian military also accurately struck a large dry cargo ship that day and destroyed an enemy unmanned boat in the Black Sea waters. On the same day, St. Petersburg Mayor Beglov said that the city was hit by a large-scale drone attack, killing one person and injuring five others. The Ukrainian Air Force stated on the 18th that from 18:00 on the 17th to 8:00 on the 18th, it had shot down or suppressed 152 Russian drones. The Ukrainian defense company Randian said on the 18th that the Ukrainian army used drones to attack an oil terminal, an oil depot and a data center in St. Petersburg, Russia. Fires broke out in the oil depot and terminal area, and the data center was severely damaged. In addition, Ukrainian President Zelenskiy said on the 18th that the Russian army launched attacks on substations in Vinnytsia Oblast, Zhytomyr Oblast and other places on the evening of the 17th. (CCTV News)
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