B[Medical exoskeleton rehabilitation training projects are included in medical insurance in many places] On October 17th, the "Fifteenth Five-Year Plan for National Medical Insurance" issued by the National Medical Insurance Administration proposed that new technologies, new drugs, and new equipment applications be actively included in the scope of commercial health insurance coverage. The reporter recently visited and learned that Beijing, Shanghai, Jiangsu, Zhejiang and other places have included the "Medical Exoskeleton Rehabilitation Training" project into the pilot program of medical insurance or long-term care insurance. Medical exoskeleton is a wearable intelligent rehabilitation robot that can provide patients with standardized and repetitive gait training. It trains the movement control, trunk balance and gait control of the hip, knee and ankle joints, and helps patients re-establish their ability to stand, step and walk. In the past, rehabilitation training reimbursed by medical insurance was mostly completed manually by rehabilitation practitioners. After medical exoskeleton rehabilitation training projects are included in medical insurance, patients have more choices. According to data from the professional organization IDC, China's medical rehabilitation exoskeleton robot market size will be approximately 1.42 billion yuan in 2025. Experts say that low-cost, highly practical rehabilitation medical exoskeleton robots will become the focus of future development. (CCTV Finance) B[The top five humanoid robots in the world are all Chinese companies, and Shenzhen’s robot exports surged by more than 1,200% in the first eight months] October 17th, recently, the international consulting organization Frost & Sullivan released the "2026 Global Humanoid Robot Market Research Report". In the first half of this year, global sales of humanoid robots reached 36,000 units, exceeding the 35,000 units in the whole of 2025; market revenue reached US$540 million. In terms of revenue, all the top five companies in the global humanoid robot market in the first half of this year were occupied by Chinese companies, of which Shenzhen companies occupied two seats. On the afternoon of the 16th, a high-level delegation from the United States arrived at the “Robot Valley” in Nanshan, Shenzhen to conduct an inspection. In the "Robot Valley" in Nanshan, Shenzhen, a complete industrial chain is highly concentrated here, from core components to complete machine manufacturing, from software algorithms to system integration. Liu Tuo, founder of Shenzhen Tuoji Technology, said that it takes two months to prototype in Silicon Valley because parts have to be purchased globally; but if you come to Shenzhen, maybe 90% of the parts can be found in the "Robot Valley". Shenzhen Robot Valley gathers more than 200 robot industry chain companies, forming a supply chain from algorithm software, perception systems, execution systems to core components. Shenzhen Customs data shows that in the first eight months of this year, Shenzhen’s total exports of various individually listed robots reached 11.13 billion yuan, a year-on-year increase of 12.2 times. The products have been sold to more than 120 countries and regions around the world. (CCTV Finance) A[Overnight global news you need to know on Saturday: The Nasdaq fell more than 2% and popular technology stocks generally fell; Huang Renxun said that the AI market shock "all this will pass"; technology reporter Gurman said Apple launched the iPhone Duo too early]
1. The three major U.S. stock indexes collectively closed down. The Dow Jones Industrial Average fell 0.34%, the Nasdaq Composite fell 2.14%, and the S&P 500 Index fell 1.09%. Popular technology stocks generally fell. The Storage Concept Index fell 6.28%. The Philadelphia Semiconductor Index fell 3.83%, marking the eighth consecutive trading day of declines. SanDisk, Western Digital, and SK Hynix fell more than 6%.
2. Jen-Hsun Huang talks about the shock in the AI market: “This will all pass.” Huang expressed optimism, saying the benefits of the technology would soon allay investor concerns.
3. Technology reporter Gurman said that Apple apparently launched the iPhone Duo prematurely due to limited supply, just to make it available earlier. He believes that Apple knew that reasonable supply would not be available until November at the earliest.
4. Morgan Stanley said that in 2027, the scale of new computing power in the data centers of hyperscale cloud vendors (Hyperscalers) and emerging clouds (neocloud) will surge by 48% year-on-year, reaching 32 GW.
5. U.S. President Trump said in an interview at the White House on the 15th that the United States may launch another attack on Iran’s nuclear facilities, including the underground nuclear facility in Haoshan.
6. According to the U.S. Department of the Treasury, the U.S. budget deficit in September was US$26.9 billion, the fiscal deficit in fiscal year 2026 will be US$1.99 trillion, and the fiscal deficit in fiscal year 2025 will be US$1.78 trillion.
7. U.S. bank deposits increased to $19.771 trillion from $19.694 trillion in the previous week.
8. According to multiple US media reports on the 16th, Katie Zakaria, who took office less than a week ago, will no longer serve as White House press secretary.
9. Lawmakers on Capitol Hill in the United States have proposed legislation that would block President Trump’s Russian diesel deal.
10. According to a document, the United States will provide up to 17 million barrels of crude oil from the Strategic Petroleum Reserve (SPR). Crude oil will be provided through a swap program, in which participants borrow crude oil first and return it at a later date, with delivery times from November to January next year.
11. On the evening of the 16th local time, a huge explosion was heard in Aden, Yemen, and it was suspected that it was attacked by a missile from the Houthi armed forces.
12. Standard & Poor's confirmed the Netherlands' "AAA/A-1+" rating with a stable outlook; it raised Egypt's rating to B3.
13. According to people familiar with the matter, SoftBank Group is considering acquiring Allied Universal, the largest security services company in the United States, and founder Masayoshi Son is exploring ways to implement AI-driven robots across the industry.
14. The settlement price of WTI crude oil futures was US$101.41 per barrel, an increase of US$3.44, or 3.51%. Brent crude oil futures settled at $109.86 per barrel, up $3.94, or 3.72%.
15. COMEX gold futures closed up 0.4% at US$4,186.7 per ounce; COMEX silver futures fell by 0.04% at US$57.135 per ounce. A[Overview of U.S. stock market pre-market news: Tesla plans to mass-produce the second-generation Roadster sports car in 2028; Nvidia and Mercedes-Benz extend their autonomous driving cooperation; market expectations for the Federal Reserve’s “hold on hold” in October are rising] October 16th, the financial news in the U.S. stock market that investors need to focus on is as follows:
1. The three major U.S. stock index futures rose or fell mixedly. Dow Jones futures rose 0.09%, S&P 500 futures rose 0.17%, and Nasdaq 100 futures fell 0.22%.
2. International oil prices have been mixed. WTI crude oil futures prices fell 0.46% to US$97.523/barrel; Brent crude oil futures prices rose 0.06% to US$105.986/barrel.
3. International gold and silver spot prices fluctuated upward. Spot gold prices rose 0.23% to US$4,180.01 per ounce; spot silver prices rose 0.94% to US$57.93 per ounce.
4. The three major European stock indexes rose across the board. Britain's FTSE 100 index rose 0.05%, France's CAC40 index rose 0.24%, and Germany's DAX30 index rose 0.99%.
5. Tesla’s second-generation Roadster supercar was unveiled at the press conference, equipped with an air-conditioned propulsion system jointly developed with SpaceX and code-named “A71”. Musk revealed that he plans to start mass production in 2028.
6. Mercedes-Benz and Nvidia have extended their partnership to jointly develop next-generation driver assistance and autonomous driving systems. Relevant technologies will support SAE Level 4 autonomous driving and robot taxis.
7. IBM announced that it plans to release an early R&D process design kit (PDK) suitable for its 7A nanostack cutting-edge process in Q1 next year. Its 7A nanostack is the first in the industry to adopt a CFET device structure.
8. According to user feedback, Amazon is preventing Musk’s AI robot Grok Bots from placing orders. Musk responded by saying that perhaps he should start a company to compete with Amazon.
9. Some Anthropic investors are reported to be discussing a valuation of the company at approximately US$1.5 trillion. Compared with the previous market expected valuation of approximately US$2 trillion for the IPO in November, there was a significant "shrinkage".
10. The 3,718 KFC stores in the United States plan to change their beverage supplier from Pepsi to Coca-Cola. The 40-year tradition of cooperation has come to an end, and the conversion work will start in January 2027.
11. The market has reduced expectations for the Federal Reserve to raise interest rates at its October 27-28 policy meeting. After Federal Reserve Chairman Warsh's "dovish" speech, the probability of raising interest rates dropped from about 27% to less than 15%. B[The concept of humanoid robots rebounded in shock and Yushu Technology rose more than 5%] On October 16th, the concept of humanoid robots rebounded in shocks and Yushu Technology rose more than 5%. Bozhong Seiko, Joyson Electronics, Xingyuan Zhuomai, Lixing Co., Ltd., Zhongding Co., Ltd. and other stocks were among the top gainers. On the news, on the evening of October 12, New Sword Transmission released a response document to the GEM listing review inquiry letter, systematically sorting out its cooperative relationship and industry judgment with the Tesla Optimus industry chain. The document clearly states that the hardware design of Tesla Optimus V3 has been basically frozen and will soon enter the mass production cycle. B[Shengshi Technology: The humanoid robot business is advancing in an orderly manner Revenue in the first half of the year does not exceed 2%] On October 14th, Shengshi Technology (002990.SZ) issued an announcement on abnormal stock trading fluctuations, regarding the intelligent computing business that the market is concerned about. The intelligent computing business is a new business of the company. The advancement of the intelligent computing business is affected by industry policies, market environment, technological progress, customer operations, etc. Affected by factors, there is uncertainty about whether it can continue to maintain rapid growth; regarding the humanoid robot business that the market is concerned about, the company's humanoid robot business is advancing in an orderly manner. In the first half of 2026, the operating income of humanoid robots will account for no more than 2% of the company's operating income, and will not have a significant impact on the company's operating performance. B[Chen Jining met with Christian Fischer, Chairman of the Board of Directors of the German Bosch Group] On October 14th, Chen Jining, Secretary of the Shanghai Municipal Party Committee, met with Christian Fischer, Chairman of the Board of Directors of the German Bosch Group, and his delegation this morning. Chen Jining said that this year is the first year of the "15th Five-Year Plan". As China's economic center city, Shanghai firmly grasps the opportunities of digital, intelligent and green transformation, accelerates the optimization and upgrading of traditional industries, develops and expands emerging industries, and plans for future industries in advance, continuing to stimulate endogenous driving force for development and enhance economic resilience. We welcome the Bosch Group to better leverage its technological advantages, integrate its corporate development strategy more closely with Shanghai's industrial layout, strengthen docking and deepen cooperation in aspects such as industrial intelligent transformation, industrial robots, energy conservation and carbon reduction, and service companies going global, and work together to create a model for industrial transformation and green and low-carbon. We will create a more market-oriented, legal and international first-class business environment, listen to the opinions and suggestions of enterprises, provide high-quality and efficient services, and support enterprises to achieve better development in Shanghai.
Christian Fischer said that Shanghai's openness, inclusiveness and innovative vitality are impressive. The good business environment, complete industrial ecology and rich talent resources have helped Bosch achieve rapid development and enhanced its confidence in long-term development in China. We will continue to expand our business presence in Shanghai, improve our innovation capabilities, strengthen cooperation around the automotive industry, embodied intelligence, energy transformation, urban renewal, etc., and integrate more deeply into Shanghai's industrial ecology to contribute more to the transformation and development of the city. (Shangguan News) B[Lesai Intelligent: Net profit is expected to increase by 70%-90% year-on-year in the first three quarters of 2026] On October 14, Lesai Intelligent (002979.SZ) announced that the net profit attributable to shareholders of listed companies in the first three quarters of 2026 is expected to be 272 million yuan-304 million yuan, a year-on-year increase of 70%-90%. The change in performance is mainly due to the recovery of the downstream intelligent manufacturing automation equipment market, the acceleration of domestic substitution, the improvement of the company's orders, and the increase in the development of key industries such as semiconductors, high-end machine tools, and pan-humanoid robots, and the contribution of related business income has increased. Xiaocai Note: The company’s Q3 net profit is expected to be 79 million to 111 million, and Q2 net profit is 122 million. Based on this calculation, Q3 net profit is expected to decrease by 8% to 35% month-on-month. B[Nationally produced AI technology and application welcome new progress, iFlytek 1024 Developer Festival will kick off in Beijing on October 22] On October 14th, the 2026 iFlytek Global 1024 Developer Festival will kick off on October 22, and the main forum will be held at 14:00 on the same day at the Beijing National Convention Center Phase II. According to reports, the main forum will release iFlytek Spark X2.6 and a new "cloud + terminal" collaboration solution. The conference will also bring new progress in intelligent voice, multi-mode human-computer interaction and robot embodied multi-mode interaction, showcase software and hardware integrated applications such as smart cockpits and AI glasses, and launch an enterprise-oriented intelligent agent development and service platform. During the same period, the Science and Technology Expo in Beijing and Hefei will focus on presenting innovative applications of AI in education, medical care, office work, automobiles and other fields, and present the practice of nationally produced AI in serving people's immediate needs and empowering thousands of industries. Eight industry sub-forums and Qingdao City Forum will conduct exchanges around industry implementation. In terms of developer ecology, the “Token+Agent” Spark developer ecology will undergo an upgrade. B[General Administration of Customs: China’s ship exports exceeded 350 billion yuan in the first three quarters Growth of 24.6%] On October 14th, Wang Jun, spokesman and deputy director of the General Administration of Customs, said at a press conference of the State Council Information Office that in the first three quarters, China’s ship exports exceeded 350 billion yuan, an increase of 24.6%. Among them, 300,000-ton oil tankers, large liquefied petroleum gas ships and liquefied natural gas ships have all achieved exponential growth. Green fuel ships such as methanol and ammonia have continued to iteratively upgrade, adding "oil" and "gas" to global energy transportation. The industrial robot industry has accelerated digital intelligence empowerment, exporting nearly 10 billion yuan, an increase of 16.9%, assisting the transformation and upgrading of the manufacturing industries of trading partners. Exports of electronic components increased by 70%, and electrical equipment such as wires and cables increased by 25.3%, providing a strong "core" and "pulse" for the development of global AI computing power and power infrastructure. Amid the unstable situation in the Middle East and the tight supply of global energy and chemical raw materials, in the first three quarters, China's exports of basic organic chemicals increased by 24.4%, and primary-form plastics increased by 32.2%, adding "liquid" and "material" to the production of various countries. B[General Administration of Customs: In the first three quarters, the total import and export of industrial robots, electronic components and other products exceeded 10 trillion yuan, an increase of 58.9%] On October 14, Wang Jun, spokesperson and deputy director of the General Administration of Customs, said at a press conference of the State Council Information Office that in the first three quarters, the total import and export of industrial robots, electronic components, computer parts, electrical equipment and other products exceeded 10 trillion yuan, an increase of 58.9%, driving overall import and export growth by 11.3 percentage points. The influence of the "Made in China" brand continues to increase. The export growth rate of independent brands reached 26.7%, accounting for 24.8% of exports, and the proportion increased by two percentage points compared with the same period last year. A[Morning News Selection on October 14th]
1. Shanghai issued the “15th Five-Year Plan for Energy Saving, Carbon Reduction and Circular Economy Development in Shanghai”. It is proposed that the installed capacity of new energy storage will reach 3 million kilowatts by 2030. Promote the agglomeration and expansion of new energy vehicles, new energy storage, smart grids, and high-efficiency energy-saving equipment industries.
2. Huawei Xu Songyu said that the next generation Kirin 2027 chip is also ready, and so far, all test results are in line with expectations.
3. Counterpoint reports that the DRAM market size for humanoid robot computing systems is expected to grow approximately 20 times in five years.
4. Deutsche Bank said that the era of super intelligence may usher in in 2030. Even if AGI fails to be realized, the AI industry may still create considerable economic returns.
5. AMD CEO Su Zifeng predicts that the CPU market size will achieve explosive growth in the next few years, driven by intelligent AI workloads.
6. Musk disclosed the Terafab chip factory plan to manufacture and test 10 chips every year.
7. The Hong Kong Securities and Futures Commission said it would take action against groups suspected of manipulating initial public offerings and suspend trading in Cha Baidao's shares.
8. Enjie Co., Ltd. announced that its net profit in the first three quarters is expected to be 1.54 billion yuan to 2.05 billion yuan year-on-year; China Tungsten High-tech announced that its net profit in the first three quarters is expected to increase by 219%-241% year-on-year; Fuchun Dyeing and Weaving announced that its net profit in the first three quarters is expected to increase by 1348%-1519% year-on-year; Salt Lake Co., Ltd. announced, Net profit in the first three quarters is expected to increase by 88%-92% year-on-year; Inspur Information announced that net profit in the first three quarters is expected to increase by 156%-177% year-on-year; Baoding Technology announced that net profit in the first three quarters is expected to increase by 537%-614% year-on-year; Xingsen Technology announced that net profit in the first three quarters is expected to increase by 204%-227% year-on-year.
9. Xingshuaier announced that it plans to acquire 100% of the shares of Fanyu Technology, and trading will resume from today; Luchang Technology announced that the controlling shareholder plans to change to Yuanzhuo Angel, and the stock will resume trading from today.
10. Zoomlion announced that it plans to sell its controlling stake in Luchang Technology for approximately 900 million yuan.
11. Fed Williams said that it is appropriate to raise interest rates again this year; it currently believes that there is no need to raise interest rates in 2027.
12. The US Central Command stated that the Strait of Hormuz is currently controlled by the US military and regional partners. The U.S. side also stated that the U.S. military assisted partners in the Gulf region to transport more than 19 million barrels of crude oil through the Strait of Hormuz the day before.
13. Israeli Prime Minister Netanyahu has had multiple phone calls with US President Trump recently to discuss the possibility of launching a large-scale joint military strike against Iran before the Israeli parliamentary elections on October 27 and the US mid-term elections on November 3.
14. Ukrainian President Zelensky said in a video speech that Ukraine has submitted a new round of meeting and consultation plan to the United States, proposing to hold talks in the next few days, and has submitted relevant proposals to relevant U.S. representatives.
15. The three major U.S. stock indexes collectively closed down. The Dow fell 0.35%, the Nasdaq fell 0.15%, and the S&P 500 fell 0.02%. Semiconductor equipment and materials, storage stocks, and precious metals fell. Applied Materials fell more than 6%, SpaceX fell more than 4%, and Micron Technology and SK Hynix fell more than 3%.
16. COMEX gold futures closed down 0.15%, and COMEX silver futures fell 1.85%. The settlement price of WTI crude oil futures rose 0.43%, and the settlement price of Brent crude oil futures fell 0.9%.
17. Google began to launch Gemini 4 Argon to Google AI subscribers. Gemini 4 Argon was launched at a preferential price of $2 per million input tokens and $10 per million output tokens.
18. The Meta platform is launching a series of AI-driven custom tools on Facebook. Users can use natural language to directly explain to the algorithm what they want to see in the information stream and Reels short videos. B[Zhiyuan launches new financing, valuation of 50 billion yuan, IPO suspended] On October 13, according to investors, the embodied intelligence unicorn company Zhiyuan Innovation recently launched a new round of financing, with a financing amount of about 1 billion to 1.5 billion yuan. This round of financing is nearing completion, and the latest valuation is about 50 billion yuan. In July 2026, Zhiyuan announced the launch of preparations for listing on the Hong Kong stock market. At that time, some investors said that Zhiyuan was expected to be listed as soon as August, with a target valuation of HK$40 billion to HK$50 billion. According to the relevant requirements of the Hong Kong Stock Exchange, if a company applying for listing completes new financing after submitting a form but before listing, unless it obtains a special exemption, the company applying for listing must wait 120 days after the financing is completed before it can be listed for trading. The aforementioned investors said that the new round of financing means that Zhiyuan will not be able to complete its IPO (initial public offering) within this year. Regarding new financing, valuation and IPO progress, the relevant person in charge of Zhiyuan said that there is no response yet. (Financial magazine) B[ASD Embodied Intelligent Innovation Center Unveiling and Full-Stack Empowerment Platform Accelerates Large-Scale Deployment of Humanoid Robots] October 13th, the 2026 ASD Ecological Partner Conference with the theme of "Embodied Ecology & Deployment of the Future" was held in Shanghai Smart Valley on October 13. Chairman of ASD Group, ASD Chen Lingqiao, director of Star Co., Ltd., said: "The main business of cookware is the foundation, Qianjiang robot is the base, and embodied intelligence is Astar's new growth curve for the future. The three are in the same line and empower each other within the Astar system." At the conference site, the Astar Intelligent Valley Embodied Intelligence Innovation Center was officially unveiled. It is reported that the center will focus on the research and development of embodied intelligence core technologies and scenario innovation, and promote the implementation and transformation of innovative results. At present, parts/complete machine manufacturing bases in Shenzhen, Shanghai, Taizhou and Jiashan have been established in the near future. At the same time, the launching ceremony of the "Embodied Ecology & Deploying the Future" Ecological Partner Alliance was also held simultaneously. Aistar will work with upstream and downstream partners in the industry chain to build an embodied intelligence ecosystem, promote the integrated collaboration of self-research of core components, complete machine manufacturing, scene deployment and market empowerment, and use ecological synergy to accelerate embodied intelligence from a single breakthrough to scale advancement.
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