A[Reminder of important events in the capital market next week: China’s PMI data for September will be released. A-share markets will be closed from October 1 to October 7]
1. The National Bureau of Statistics announced the official manufacturing PMI for September on September 30, which was 49.8 in August. The non-manufacturing and comprehensive PMI were released on the same day. The National Bureau of Statistics announced on September 28 that the profits of industrial enterprises above designated size in August were up 11.2% year-on-year in July, and the cumulative profit from January to August was 17.6% year-on-year.
2. In the three trading days after the Mid-Autumn Festival holiday (September 28th to 30th), A-shares ushered in a climax of unbanning. A total of 59 stocks were facing unbanning, with a total of 14.781 billion shares and a market value of over 100 billion yuan. The market values of the four stocks of Air China Cargo, Suneng, Xinke Mobile-U and Haitong Development all exceeded 10 billion yuan, which were approximately 22.107 billion yuan, 21.554 billion yuan, 17.258 billion yuan, and 12.530 billion yuan respectively.
3. Next week (September 28-October 2), 2 new stocks will be issued, including 1 on the GEM and 1 on the Beijing Stock Exchange. Specifically, the stocks issued on September 28 were Southern Dairy and Lianya Pharmaceutical.
4. The A-share market will be closed from October 1 to October 7, and will open on October 8; the Hong Kong stock market will be closed for one day on October 1, and normal trading will resume on October 2. The Hong Kong Stock Connect (southbound) and Shanghai and Shenzhen Stock Connect (northbound) services will be closed from October 1 to October 7, and will be opened as usual from October 8.
5. The United States will release the September non-farm employment report on October 2. The survey expects new job creation to slow to 100,000 from 162,000 in August, and the unemployment rate is expected to be 4.2%.
6. The US PCE index will be announced on September 30. The market expects that the overall PCE growth rate in August is expected to remain at 3.7% year-on-year, and the core PCE growth rate is expected to remain at 3.3%.
7. The OpenAI annual developer conference was held in San Francisco on September 29. CEO Sam Alter delivered an opening keynote speech. The event will also cover APIs, development tools, technology demonstrations, and developer workshops.
8. The 14th flight test of "Starship" is scheduled to be launched next Monday (September 28). The spacecraft will also try to deploy 26 new-generation Starlink satellites (Starlink V3).
9. U.S. President Trump, House Speaker Mike Johnson and CEOs of multiple technology companies are expected to hold a meeting on artificial intelligence. The market is paying attention to further signals on U.S. AI policy and regulatory direction.
10. Tesla plans to officially display the new generation Roadster on October 1, which has been delayed for many years. The new car may be equipped with a cold-air propulsion system from SpaceX, which also attracted a lot of attention to the speculation that "Tesla's new car can fly."
11. SpaceX plans to use Falcon 9 to carry out the NASA Crew-13 manned mission. Google will send a prototype satellite equipped with self-developed TPU into orbit, verifying the ability of TPU to operate in the space environment for the first time.
12. Micron will announce its fourth quarter results for fiscal year 2026 after the market closes next Wednesday. The financial report will become an important window to observe the prosperity of DRAM, HBM and even the entire AI data center industry chain. A[Overview of U.S. stock market pre-market news: Google is accelerating TPU iteration; Musk predicts that the world will exceed 1 billion humanoid robots in 10 years; Indonesia's largest nickel industrial park may reduce production by as much as 40%] On September 2, the financial news of the U.S. stock market that investors need to focus on is as follows:
1. The three major U.S. stock index futures rose in the short term and basically recovered their previous losses. Dow Jones futures rose 0.24%, S&P 500 futures rose 0.09%, and Nasdaq 100 futures fell 0.06%. On the news, Williams, the "third in command of the Federal Reserve", said that inflation is on a slow downward trend and interest rates are at a good level.
2. International oil prices turned from rising to falling. WTI crude oil futures prices fell 0.71% to US$89.580/barrel; Brent crude oil futures prices fell 0.47% to US$94.203/barrel.
3. International gold and silver spot prices turned from falling to rising. Spot gold prices rose 0.16% to US$4,335.17 per ounce; spot silver prices rose 0.62% to US$64.46 per ounce.
4. The three major European stock indexes narrowed their losses. Britain's FTSE 100 index fell 0.29%, France's CAC40 index fell 0.08%, and Germany's DAX30 index fell 0.41%.
5. Vahdat, head of Google's AI infrastructure, said that Google is accelerating the development and iteration of its customized AI chip TPU, shortening the chip update cycle from the original two years to launching two models per year, in order to maintain its leading position in the AI competition.
6. Musk predicted that the Grok 4.7 model will be released in 10 days. The Grok 4.7 model parameter size reached 2.1 trillion, an increase of 40% compared to Grok 4.6 (1.5 trillion).
7. Musk said that it is estimated that the number of humanoid robots will exceed 1 billion in the next 10 years. The output of each robot will be at least five times that of human workers, and the productivity will be higher than the total human productivity in the world.
8. Li Feifei’s startup World Labs released “the world’s first multi-modal world model” Atlas, claiming that the model can generate images and video frames with pixel-level precise camera control and reconstruct them in 3D.
9. NASA announced that it has awarded the Mars communication network development contract to Blue Origin to provide reliable high-bandwidth communication and navigation services for its Mars mission. The contract could be worth as much as $700 million.
10. SK Group Chairman Choi Tae-won said that SK Hynix is considering joint production with Japanese semiconductor giant Kioxia Holdings.
11. Deutsche Bank pointed out that optical network business hardware companies are expected to be the biggest winners in the AI era. The bank listed Coherent and Lumentum, which produce optical components and lasers for connecting data centers, as the "most confident" investment targets.
12. Affected by the drought caused by the El Niño phenomenon, the water supply to the smelter in Indonesia's largest nickel industrial park has been restricted, and the park may have to cut production by as much as 40%.
— All loaded —
